Business
New India Assurance Debuts on Stock Market, Down 7.8% After Two Hours of Trading
NIA shares opened at Rs 750, a discount of Rs 50 or 6.25 percent, compared to the issue price of Rs 800. The price band was Rs 770-800 per share. At 11 am, the scrip was trading at Rs 737.30 on the BSE, down 7.84% from its issue price.
India, US, Japan, Australia Hold First Quad Talks on Indo-Pacific Cooperation
The meeting was held as Prime Minister Narendra Modi arrived in Manila on Sunday on a three-day visit to the Philippines for the 15th India-Association of Southeast Asian Nations (ASEAN) meet and the 12th East Asia Summit on Tuesday.
Debit, Credit Cards & ATMs Will be Redundant in 4 Years: Niti Aayog CEO
Speking at Amity University Noida campus where he was felicitated with an honorary doctorate degree, Niti Aayog CEO Amitabh Kant on Saturday said in next 3-4 years and we all will be using mobiles for doing many transactions.
Centre in Talks With Tamil Nadu Govt for Second Airport in Chennai
According to a study carried out by aviation think-tank Centre for Asia Pacific Aviation (CAPA), Chennai handled 18.4 million passengers in 2016 and is expected to reach its maximum capacity of 23-26 million passengers by 2020, if traffic grows at an esti...
Paradise Papers: Jindal Steel, Videocon, Others Down up to 2 Per Cent
The scrip of Jindal Steel & Power went down by 2.32 per cent, Essar Shipping lost 2 per cent and Videocon Industries fell by 1.82 per cent on BSE.
Air India to Sell 2 Properties to SBI, May Fetch Rs 50 Crore
Saddled with more than Rs 50,000 crore debt, Air India recently sought loans worth over Rs 1,500 crore to meet working capital requirements.
World Stocks Gain on Apple Lift, Dollar Strengthens on Data
Wall Street also received a boost from a 2.61 percent gain in shares of Apple Inc, a day after the iPhone maker reported quarterly results.
Mistry Firms Seek to Amend Plea in Mumbai NCLT Against Tatas
Cyrus Investments and Sterling Investments filed the amendment pleas on Friday, after the National Company Law Appellate Tribunal (NCLAT) on September 21 asked it to approach the Mumbai NCLT.
Demonetisation Part of Govt's Drive Against Black Money: Bibek Debroy
Referring to cash economy, he said around 2000-01, India's Cash to GDP ratio was 9-10 percent, which recently shot up to 13 percent.
Indian IT Industry Could See Upturn Next Year
The export growth projection for 2017-18 had taken into account "all the changes in technology, global economics and global politics including political protectionism," he said.
India Jumps 30 Places in World Bank's Ease of Doing Business Ranking, Now at 100
World Bank vice-president for South Asia told reporters on Tuesday that the results signaled that not only had India been ready and open for business, as it had been for many decades, it was now competing as the preferred place to do business globally.
Group of Ministers Suggests Making GST Inclusion in MRP Mandatory
This rule, sources said, must be applicable to establishments like restaurants, eateries and malls that sell packaged goods such as bottled beverages which already carry an MRP, but at some places, a GST is charged over and above that MRP.
Sensex, Nifty Scale Fresh Peaks, PSBs Extend Rally
Market found itself on a fresh high for the fourth session today, with the Sensex jumping 109 points as state-owned lenders extended a rally. The Nifty closed above 10,350.
Nirmala Sitharaman Assures Defence Firms Over Licensing, Tax Concerns
On Saturday, the defence minister conveyed to the top executives of the private defence industry that the government was "fully committed" to removing all the stumbling blocks and facilitating private participation in defence manufacturing with the object...
Sensex Hovers Around 33K, Nifty Flat Ahead of F&O Expiry
The 30-share Sensex resumed lower at 33,025.17 and hovered in a range of 33,074.91 and 32,835.06 in morning trade.
General Insurance Shares Fall Nearly 7% in Debut Trade
Shares of General Insurance Corporation of India debuted at Rs 850, a loss of 6.79 per cent against the issue price.