Coal India is rushing to supply coal it has sourced from railway sidings, loading areas and other places over the years to feed power plants critically short of the fuel, a company official with knowledge of the matter said.
The Sensex bettered its previous closing peak of 27,019.39 hit yesterday. The gauge has now gathered over 825 points in nine straight sessions.<br /> <br />
Unperturbed by intense lobbying by industry, capital markets regulator Sebi has said that listed companies must follow higher corporate governance standards and there will be no dilution to the new norms kicking in from next month.
GDP growth in April-June and benign oil prices are two major reasons for the big uptick in the markets today
The markets are bracing for a crucial Supreme Court verdict today in the coal block allocation scam
AirAsia India's head of safety Sumant Mishra has resigned, three months after the domestic arm of the Malaysian budget airline AriAsia got off the ground, sources said. The airline, however, has found the replacement, who will soon be taking over the position left vacant by Mishra
Post-general elections with a stable federal government at work, global private equity (PE) players find real estate in India worth investing for good returns, an international realty services firm said Sunday.<br />
Improved market sentiment helped Mutual Funds to pick up shares worth close to Rs 6,000 crore in August, making it the highest monthly inflow in more than six-and-a-half years.<br />
. Agreements are expected to be signed in defence and the two sides would discuss cooperation in infrastructure, civil nuclear energy and production of rare earth materials.
Japanese Prime Minister Shinzo Abe will tell his Indian counterpart Narendra Modi at a summit on Monday that Japan aims to double its direct investment in India in five years from some US$2 billion (S$2.5 billion) last year, the Nikkei business daily reported.<br />
The LIC is building a war-chest, possibly for absorbing disinvestment proceeds. Time for government to take its hands out of LIC's pockets
In six days of continuous rise, Sensex has gained 324 points. For the month (August), the index rose 743 points, or 2.8 per cent. This is its seventh consecutive monthly gain.<br />
In five days, Sensex has gained about 246 points.<br />
A firming trend on other Asian markets following another record close on Wall Street fuelled by positive data on the US economy triggered buying activity
The groundbreaking call by European Central Bank President Mario Draghi for more action on both the monetary and fiscal fronts has markets wagering that fresh steps could come as soon as next week when the central bank's governing council meets.<br />
Under the festival season bonanza offer for retail loans, housing loans of over Rs two crore will attract interest of 10.50 percent.<br />
The S&P BSE 30-share barometer resumed lower in line with weak Asian cues and moved in a range of 26,481.97 and 26,314.89.
Home loans of up to Rs 75 lakh would now be available to fresh borrowers at 10.10 percent against the existing rate of 10.15 percen
The decision to retain the interest rate on the provident fund deposits at last year's level was taken despite some protest by the trade union members of the CBT
The EPFO's returns on your investments have not been able to beat inflation for a while now. It needs to invest in equity, or at least offer an exit for subscribers who would like to opt for the NPS
The report by Ambit said the central bank chief's macroeconomic management "almost exemplary"
Private bourse MCX-SX today claimed that public accounts watchdog Comptroller and Auditor General of India has not made any adverse comments or observations on the auditors report in the supplementary audit, which negates any wrongdoings in the accounts for FY'14.
The Sensex and the Nifty today hit new lifetime highs but fag-end selling due to Supreme Court's ruling on coal allocations hit investor sentiment.
This is also no good news for fund-starved corporations since there will be fewer lenders in the market
There have been many ponzi schemes in India's history and then there's Pearls Agrotech Corporation Limited, better known as PACL.
The Sebi could have asked PACL to handover Rs 49,100 crore to it; it is not enough to ask the company to pay back the amount itself
A timeline of Jignesh Shah's rise and fall
Commodity bourse MCX today said that the capital markets regulator Securities and Exchange Board of India (Sebi) has relaxed norms to allow FTIL to bring down its stake to 1.99 per cent in the commodity bourse.
At today's closing price of Rs 3,601.25 on the BSE, Sikka will get 22,794 shares valued at Rs 8.2 crore.
The company clarified that the agreement is only for a two-month pilot project and no final decision has been taken in this matter or no agreement has been signed.