Business
Markets Open On a Positive Note on Wednesday
The Sensex of the BSE after opening at 26,508.94 points, touched a high of 26,621.40 and a low of 26,401.92 points.
Presses Printing Currency Notes at Full Capacity: RBI
The Reserve Bank of India (RBI) on Saturday said that the printing presses are being worked to their full capacity to meet the requirements of the people after the demonetisation of Rs 500 and Rs 1,000 notes.
Industrial Production Grew at Subdued 0.7% in September
Industrial production grew a meagre 0.7 percent in September mainly due to poor show by manufacturing and mining sectors coupled with decline capital goods output.
Ishaat Hussain to Replace Cyrus Mistry as Chairman of Tata Consultancy Services
Prior to joining Tata Sons, he was the Senior Vice President and Executive Director – Finance in Tata Steel for almost 10 years.
Retailers, Hoteliers Refuse to Trade in Rs 500, Rs 1000 Notes
A day after Rs 500 and Rs 1000 denomination notes ceased to be legal tender, shops and other commercial establishments bid adieu to the high valued currencies amidst speculation that Rs 100 notes were being sold at a premium and Rs 1000 denomination being...
US Stock Futures Surge After Clinton Cleared by FBI
US equity index futures rallied at the open on Sunday as bullish sentiment returned to Wall Street following the largest streak of losses on the S&P 500 since 1980.
Sensex Falls 104 Points on F&O Expiry, Asian Cues
The stock market stayed weak for the third straight session as the benchmark Sensex fell nearly 104 points and the NSE Nifty broke below the 8600-mark on Thursday, with participants liquidating bets in view of October derivatives expiry.
Flipkart's Top Level Exodus Continues as CFO Sanjay Baweja Quits
Flipkart's Chief Financial Officer Sanjay Baweja has put in his papers after a two-year stint, marking the latest top-level exit at the e-commerce major.
Tata Sons Appoints Ralf Speth, N Chandrasekaran on Board
Commenting on their appointment, Mr. Ratan N. Tata, Interim Chairman of Tata Sons, said, “This is in recognition of their exemplary leadership in their companies.”
Tata Shake-up May Distract Group from Restructuring Efforts
The surprise removal of Tata Sons' chairman Cyrus Mistry and his advisory team, and the temporary return of Ratan Tata, could distract the salt-to-software conglomerate from ongoing efforts to trim debt and reshape some of its businesses.
Cyrus Mistry Says 'No Basis' to Speculation on Litigation, Tata Hints New Leadership Soon
Cyrus Mistry, the ousted chairman of Tata Sons, has said that there is no basis to the speculation about litigation against his removal at this stage while newly-appointed interim chairman Rata Tata announced that a new permanent leadership will be in pla...
Cyrus Mistry's Exit May Trigger Major Correction in Tata Stocks: Experts
The abrupt and unprecedented ouster of Cyrus P Mistry as the chairman of Tata Sons is likely to impact the stocks of Tata Group companies, according to market experts. They say that the removal will lead to an uncertainty and investors may look to exit wh...
Embraer Settles Graft Charges in India, 3 Other Countries For $206-mn
In India, CBI is probing the deal for Embraer aircarft
Rupee Gains Strength after 2-day Fall, up 4 Paise
The rupee on Monday snapped its two-day downtrend to end higher by 4 paise to 66.85 on the back of fresh selling of the US dollar by exporters.
Tata Sons Disbands Group Executive Council Set up by Cyrus Mistry
On a day Cyrus Mistry was ousted as the Chairman of Tata Sons, the Group Executive Council (GEC) set up by him has been disbanded.
Wipro Quarter 2 Net Dips 7.6% to Rs 2,070 Crore
Wipro on Friday posted a 7.6 per cent drop in its second-quarter net profit and said it expects revenues in the ongoing quarter to be impacted by a "mixed demand environment".
