Business
RBI May Slash Repo Rate by 25 bps in June, Says Report
According to the report, the trade tensions between the US and other countries will have ramifications on emerging economies like India.
SpiceJet Posts 22% Jump in Fourth-quarter Profit, Sees Strong Year Ahead
Indian carriers, including budget airlines SpiceJet and Interglobe Aviation Ltd's IndiGo, have been taking advantage of debt-laden Jet's downfall, adding flights and routes and raising fares in response to a drop in capacity.
Investors Can Now Use Whatsapp to Buy Mutual Funds, Courtesy Motilal Oswal
Motilal Oswal is also expected to introduce more features that will help customers access their account statements, or even raise service requests, on WhatsApp.
Sensex Rallies Over 400 Points After Modi's Resounding Victory in Lok Sabha Elections
After hitting a high of 39,223.85, the 30-share index was trading 170.51 points, or 0.44 per cent, higher at 38,981.90.
Tata Motors Stock Falls 5% as Profit Halves: Here are Q4 Results in 10 Points
However, fourth quarter (Q4) earnings still beat analyst expectations despite being muted.
Tata Moters Reports 49 Percent Decline in Consolidated Net Profit
For the entire 2018-19, the company posted a consolidated net loss of Rs 28,724.20 crore, compared to a net profit of Rs 9,091.36 crore in 2017-18.
Sensex Closes 1,400 Points Higher After Exit Polls: Here's a Quick Look at What Happened
Adani Group stocks jumped, with Adani Enterprises surging 27.4%. Reliance Power surged 17.8%, Time Technoplast was up 16.8%, Jamna Auto Industries was up 16.3% and GE T&D India was up 15.7%.
ArcelorMittal to Pay Rs 42,000 Crore for Essar Steel Takeover
Senior advocate Harish Salve appearing for ArcelorMittal submitted that NCLT and lenders would decide over the distribution of funds among the creditors of Essar Steel.
From SBI to DLF: Seven Stocks in Focus Ahead of Lok Sabha Poll Verdict on May 23
A new government and a change in policies may adversely affect the stock price movement of PSU banks.
RBI Appoints Ex-deputy Governor Gandhi on Yes Bank Board
The private lender said its board "heartily" welcome the appointment of Gandhi given his impeccable background and track record as a highly respected Regulator in India.
Darwin Platform Group, SBI Caps Discuss Unsolicited Bid for Jet Airways
Darwin Platform Group, which has investments across various sectors including oil and gas, hospitality and realty, among others has offered Rs 14,000 crore to acquire the grounded airline.
Union Bank Net Loss Widens to Rs 3,370 Crore in Q4 on Higher Provisioning
Union Bank of India reported a net loss of Rs 2,583 crore for the same quarter previous fiscal.
Govt Cancels Registration of Infosys Foundation for Violating Norms on Foreign Grants
The Home Ministry had last year served show cause notice to Infosys Foundation for failing to submit annual income and expenditure statement on foreign funding for up to six years despite repeated reminders.
Sensex Plummets 487 Points to Close Below 38,000-mark; RIL Cracks Over 3%
Markets have been rattled ever since US President Donald Trump on Sunday threatened to hike tariffs on USD 200 billion worth of Chinese goods this week.
India Headed for Slowdown, Modi Has Left Economy in Dire Straits, Says Manmohan Singh
Former Prime Minister Manmohan Singh said that demonetisation was perhaps the biggest scam of independent India.
Carbon Tax Best Way to Cut Greenhouse Gas Emissions: IMF
The French government was forced to suspend the plan in the face of the popular Yellow Vest protest movement.