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Friday, August 23, 2019

IRCTC files DRHP with SEBI for IPO

Mumbai: Indian Railway Catering and Tourism Corporation (IRCTC), the railways’ tourism and catering arm, on Thursday filed its draft red herring prospectus (DRHP) with...
Exit poll results: Stock market opens on high note, Sensex up by 950 points

Sensex tumbles 268 pts; Tata Motors tanks 9 pc

Benchmark equity index Sensex slumped 268 points on Wednesday, dragged by losses in ITC, HDFC, L&T and ICICI Bank as investors remained wary of...

Parle could lay off 10,000 workers amid economic slowdown, falling demand: Report

Parle Products Pvt Ltd, a leading biscuit maker, might lay off up to 10,000 workers as slowing economic growth and falling demand in the...

Sensex ends 74 pts lower; Yes Bank plunges 7.11 pc

Snapping its three-session rising streak, equity benchmark Sensex closed 74 points lower on Tuesday, dragged by losses mainly in financial counters as investors remained...

SBI waives processing fee on car loans in festival season

State Bank of India (SBI), the country's largest lender, on Tuesday announced processing fee waiver on car loans during the upcoming festival season in...

Raghuram Rajan terms economic slowdown very worrisome, new set of reforms needed

Former RBI Governor Raghuram Rajan has called slowdown in the economy “very worrisome” and said the government needs to fix the immediate problems in...

RBI’s Shaktikanta Das says its time that other banks also linked loans with external...

After over a dozen public sector banks, including State Bank, have voluntarily linked their loans and deposits pricing to the repo rate, Reserve Bank...
Exit poll results: Stock market opens on high note, Sensex up by 950 points

Sensex up 73 pts, Nifty above 11,000

The Sensex on Monday opened slightly higher over gains by finance and banking stocks. At 9.32 a.m., the benchmark Sensex was trading 73.45 points...

I-T Dept issues 17-point checklist to trace unaccounted DeMO cash

In a bid to seize illegal cash, the Income Tax Deparmtent has issued a 17-point checklist to tax commisioners across the country to track...

Anil Ambani-led Reliance Capital posts four-fold jump in Q1 profit at Rs 1,218 crore

Anil Ambani-led Reliance Capital has reported an over four-fold jump in its consolidated net profit at Rs 1,218 crore for the first quarter of...
modi

Govt will invest Rs 100 lakh cr on developing infrastructure: PM Modi

Prime Minister Narendra Modi on Thursday said his government will invest Rs 100 lakh crore on developing modern infrastructure that will aid in nearly...
Exit poll results: Stock market opens on high note, Sensex up by 950 points

Sensex, Nifty rebound on positive global cues

Domestic equity benchmark BSE Sensex rebounded by nearly 300 points in early trade on Wednesday, led by gains in index heavyweights RIL, HDFC and...

Reliance Industries’ ‘new commerce’ to digitally connect kirana stores

Reliance Industries (RIL) Chairman Mukesh Ambani on Monday said the company's retail arm will soon unveil Reliance New Commerce, an initiative to digitally connect...

Sensex drops over 200 pts; RIL soars 8 pc

Domestic equity benchmark BSE Sensex dropped over 200 points in early trade on Tuesday, dragged by losses in index heavyweights HDFC twins, Infosys and...

“Reliance to sell stakes for Rs 1.15 lakh cr to become zero-debt firm in...

Richest Indian Mukesh Ambani on Monday announced plans to sell stakes in his flagship Reliance Industries' oil and chemical business to Saudi oil giant...

Slowdown puts auto sector in reverse gear

The Indian automobile industry is in reverse gear due to economic slowdown with sales plunging, inventories piling up, car makers slashing production and cutting...

Equity indices open in green; Sensex up 260

The key Indian equity indices opened on a positive note on Friday with the BSE Sensex trading over 260 points. The gains were led...

Nirmala Sitharaman assures industry of steps to revive economy

Following a meeting with Finance Minister Nirmala Sitharaman on Thursday, India Inc is hopeful of receiving a stimulus from the Finance Ministry aimed at...

Gold hits life-time high of Rs 38,070 per 10 gram

Gold prices on Wednesday surpassed the Rs 38,000 per 10 gram mark for the first time ever, amid heightened trade tension between US and...

Governor Das says 35 bps rate cut balanced, based on data

Governor Shaktikanta Das Wednesday termed the steeper 0.35 percent repo rate cut as a "balanced" call given the domestic and global developments. He explained that...
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