business

SEBI fines Yes Bank Rs 25 crore in AT-1 bonds case; company ordered to pay within 45 days
business

SEBI fines Yes Bank Rs 25 crore in AT-1 bonds case; company ordered to pay within 45 days

Yes Bank Ltd and certain officials devised the "devious scheme to dump the AT-1 (Additional Tier-1) bonds on their hapless customers", the market regulator noted

RailTel to launch content on demand service in trains, railway stations from this month
india

RailTel to launch content on demand service in trains, railway stations from this month

RailTel has roped in Margo Networks, a subsidiary of Zee Entertainment, to provide the CoD service onboard 8,731 trains and 5,952 railway stations

Mukesh Ambani climbs to eight spot on Hurun Global Rich List, 40 Indians enter billionaire’s club
business

Mukesh Ambani climbs to eight spot on Hurun Global Rich List, 40 Indians enter billionaire’s club

Among those who saw a decline in their net worth during the year was Acharya Balkrishna of Patanjali Ayurved at US $3.6 billion, down 32 percent

Finance ministry allows all private sector banks to participate in government-related businesses
business

Finance ministry allows all private sector banks to participate in government-related businesses

This step is expected to further enhance customer convenience, spur competition and raise efficiency in customer services, a ministry statement said

Market Roundup: Sensex, Nifty end marginally higher after volatile session; today's top gainers and losers
business

Market Roundup: Sensex, Nifty end marginally higher after volatile session; today's top gainers and losers

While the 30-share BSE Sensex was hovering around 48,800, the 50-share index Nifty 50 closed above 14,600

IT major Wipro's profit for March 2021 quarter jumps 27.7% to Rs 2,972 crore
business

IT major Wipro's profit for March 2021 quarter jumps 27.7% to Rs 2,972 crore

The company's revenue from operations rose by 3.4 percent to Rs 16,245.4 crore in the reported quarter from Rs 15,711 crore in the same period last fiscal

The feminist success of Lijjat Papad: How the venture started by seven women in 1959 employs thousands today
business

The feminist success of Lijjat Papad: How the venture started by seven women in 1959 employs thousands today

Lijjat's commitment to women's empowerment reflects its inconspicuous beginnings, when seven housewives gathered on a Mumbai rooftop one sunny morning to prepare four packets of papads. They ran the business on a shoestring budget, with annual sales in 1959 amounting to just over Rs 6,000, a fraction of their current revenue.

Market Roundup: Sensex jumps 260 pts, Nifty tops 14,550; today's top gainers and losers
business

Market Roundup: Sensex jumps 260 pts, Nifty tops 14,550; today's top gainers and losers

After gyrating 877 points during the day, the 30-share BSE index ended 259.62 points or 0.53 per cent higher at 48,803.68

Air India sale: Centre begins process of inviting financial bids; deal likely to conclude by September
business

Air India sale: Centre begins process of inviting financial bids; deal likely to conclude by September

Last month, civil aviation minister Hardeep Singh Puri said there is no choice but to either "privatise or close" the airline which has a debt of 60,074 crore

Market Roundup: Indices gain over 1.3%; Mahindra and Mahindra, Bajaj Finserv among top gainers
business

Market Roundup: Indices gain over 1.3%; Mahindra and Mahindra, Bajaj Finserv among top gainers

After falling by around 3.5 percent on Monday, the BSE Sensex reclaimed the 48,500 mark while the NSE Nifty traded above 14,500

Sensex rises over 200 points in early trade; Reliance Industries, ICICI Bank among top gainers
business

Sensex rises over 200 points in early trade; Reliance Industries, ICICI Bank among top gainers

The BSE index was trading 236.71 points or 0.49 percent higher at 48,120.09, while NSE Nifty advanced 68.55 points or 0.48 percent to 14,379.35

RTGS to remain unavailable for 14 hrs from midnight on 17 April due to technical upgrade: RBI
business

RTGS to remain unavailable for 14 hrs from midnight on 17 April due to technical upgrade: RBI

The popular National Electronic Funds Transfer or NEFT for fund transfers of up to Rs 2 lakh will continue to be operational as usual during this period

Market Roundup: Sensex crashes 1,700 points, Nifty below 14,400 amid surge in COVID-19 cases
business

Market Roundup: Sensex crashes 1,700 points, Nifty below 14,400 amid surge in COVID-19 cases

Market indices fell around 3.5 percent on Monday, 12 April amid rising COVID-19 cases and vaccine supply crunch in the country

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today's top gainers and losers
business

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today's top gainers and losers

After a fluctuating session, the 30-share BSE Sensex ended 154.89 points or 0.31 percent lower at 49,591.32 while the broader NSE Nifty slipped 38.95 points or 0.26 percent to 14,834.85

Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here
business

Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here

Domestic equities, despite trading positively for most of the session, gave up a large portion of gains towards the end of the day as concerns of rising COVID-19 cases continued to weigh on investor sentiment

Sensex surges over 300 points in early trade; HDFC, Infosys among top gainers
business

Sensex surges over 300 points in early trade; HDFC, Infosys among top gainers

BSE index was trading 343.32 points or 0.69 percent higher at 50,005.08, and NSE Nifty advanced 102.90 points or 0.69 percent to 14,921.95

NCLT initiates insolvency proceedings against OYO subsidiary; company files appeal
business

NCLT initiates insolvency proceedings against OYO subsidiary; company files appeal

Group CEO Ritesh Agarwal in a tweet termed the text message circulating with claims of OYO having filed for bankruptcy as 'absolutely untrue and inaccurate'

Market Roundup: Sensex surges 460.37 points, Nifty closes at 14,819.05 after RBI policy; banking stocks lead
business

Market Roundup: Sensex surges 460.37 points, Nifty closes at 14,819.05 after RBI policy; banking stocks lead

The Reserve Bank of India kept the repo rate unchanged at four percent in its monetary policy meeting earlier today

Barbeque Nation shares soar by 20% shortly after weak IPO listing
business

Barbeque Nation shares soar by 20% shortly after weak IPO listing

According to reports, the share listed at Rs 492, against the issue price of Rs 500 on the BSE. The company raised Rs 453 crore through its public issue held from 24 to 26 March

Macrotech Developers IPO opens today: Price band, registrar and how to apply; check details here
business

Macrotech Developers IPO opens today: Price band, registrar and how to apply; check details here

This would be the third attempt by the real estate company to launch a public issue and list its shares on the stock exchanges