Suzlon Energy has approved allotment of 79.70 lakh shares on conversion of 2,046 foreign currency convertible bonds, maturing in July 2019, at ?15.46 each. The conversion rate for the equity share al
The board of Narayana Hrudayalaya has approved the merger of its wholly-owned subsidiary NewRise Healthcare Pvt Ltd with itself. The company hopes the merger will lead to wider presence in the health
Italy bank deal has angered officials, as the deal broke rules saying that investors rather than the state should shoulder the cost of bank failures.
Netflix‘s international streaming business accounts for about 42% of the company’s value, according to Trefis estimates. While the business is currently generating losses, we expect the company’s tota
Pushpanjali Realms and Infratech Limited are now entering the capital market
The Fed has created very significant unintended consequences, which have undermined the US [economy’s] ability to grow and lift the standard of living.
Sensex slips below 31,000; banking index falls 1.5%
It’s telling that just when Micron is back to making serious money, the first question is: how long can that last? A strong memory market has boosted sales and earnings for the chipmaker, and the shar
Scams are mostly being sent through SMSes, WhatsApp and various social media platforms
Investors should use bond ratings only as a suggestion and not the Holy Grail the agencies would have you believe.
The Bank of England tightened the screws on bank lending to consumers, a key driver of the post-Brexit economy.
Top stock exchange NSE today inked a pact with Andhra Pradesh government to help micro, small and medium enterprises (MSMEs) in the state to raise capital through listing on the bourse's platform.
What's up with the latest political crisis in Brazil?
Inspite of weak demand ahead of new season, rough and polished diamond prices have jumped by 2 - 5 per cent across all varieties in the last three weeks.Diamond processing activity in India had gone d
The Reserve Bank of India's (RBI) mandate instructing banks to make higher provisions for accounts referred to National Company Law Tribunal (NCLT) for resolution under Insolvency and Bankruptcy Code
A recent thrust on 'clear segregation' between mutual fund advisory and distribution by the Securities and Exchange Board of India (Sebi) through a consultation paper has received mixed reactions from
The Coriander futures contract traded on the National Commodity & Derivatives Exchange (NCDEX) has skyrocketed over 11 per cent in the last couple of weeks. Prior to this rally, the coriander pri
The Zinc futures contract on the Multi Commodity Exchange (MCX) witnessed a strong rally in the past week as expected. The contract has surged about 7 per cent over the last one week. This strong ral
Investors with a short-term perspective can consider selling the stock of Rural Electrification Corporation at current levels. The stock fell almost 6 per cent last week, decisively breaking a key l.
Japanese tech giant SoftBank has higher priorities than its 83% stake in struggling U.S. telecom operator Sprint.
The effect of declining oil prices on inflation raises some awkward questions for markets and policy makers.
The rupee was trading a tad strong at 64.49 on dollar selling by banks and importers as the greenback remained weak against other currencies overseas.
However, a weak domestic equity market limited..
Bank stocks tumble on RBI's provisioning requirement
The brewer, which already has 1,100 UK pubs, agreed to buy 1,895 Punch Taverns pubs in December but The Competition and Markets Authority said this would reduce competition.
As of now, there is no strong trigger that can drive the market up. June quarter earnings could be next trigger but that is also not expected to support.
India’s forex reserves have surged 5.6 per cent over the past year to stand at $381.9 billion currently. But India is not the only country to witness a sharp increase in its reserves. Other emerging
Gold prices went up by Rs 60 to Rs 29,160 per ten grams at the bullion market today, tracking a firm trend overseas and fresh buying by local jewellers.
However, silver remained under selling press..
At 10:04 am; the stock was trading 1% higher at Rs 260 on NSE against its issue price of Rs 257.
The S&P BSE Midcap and the S&P BSE Smallcap indices underperformed to lose 0.8% and 1.6%
Nifty touches 1-month low
Oil prices rose for a fourth consecutive session on Tuesday boosted by a weaker dollar and investors covering short positions, but worries over persistent oversupply capped gains. Brent crude futu...
Gold rose on Tuesday to recover from its lowest level in nearly six weeks, supported by a softer dollar ahead of a speech later in the day by Federal Reserve Chair Janet Yellen for clues on whether t
Debenhams said sales dropped, with unpredictable trading and a weaker clothing market hitting the company. News of tough times on the high street also dented M&S and Next shares.
The group posted a 93 per cent slump in statutory profit before tax to Ł900,000 in the year to the end of April after an exceptional charge linked to the closure of underperforming stores.