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

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

Sensex climbs 300 points after RBI policy outcome; Nestle India, Bharti Airtel among top gainers
business

Sensex climbs 300 points after RBI policy outcome; Nestle India, Bharti Airtel among top gainers

RBI Governor Shaktikanta Das said the Monetary Policy Committee kept its estimate for economic growth unchanged at 10.5 percent for the current fiscal

RBI keeps interest rates unchanged as economy faces threat amid growing COVID-19 cases
business

RBI keeps interest rates unchanged as economy faces threat amid growing COVID-19 cases

RBI governor Shaktikanta Das said the Monetary Policy Committee kept its estimate for economic growth unchanged at 10.5 percent for the current fiscal

Sensex jumps 200 points in early trade ahead of RBI’s monetary policy outcome
business

Sensex jumps 200 points in early trade ahead of RBI’s monetary policy outcome

The BSE index was trading 199.01 points or 0.4 percent higher at 49,400.40, and the NSE Nifty advanced 68.90 points or 0.47 percent to 14,752.40

IMF projects India’s growth rate to jump to 12.5% for 2021, stronger than that of China
business

IMF projects India’s growth rate to jump to 12.5% for 2021, stronger than that of China

The Washington-based global financial institution said that the Indian economy is expected to grow by 6.9 percent in 2022

Market Roundup: BSE Sensex plunges 870.51 points, Nifty closes at 14,637.80; today's top gainers and losers
business

Market Roundup: BSE Sensex plunges 870.51 points, Nifty closes at 14,637.80; today's top gainers and losers

Nifty Auto declined 254.55 points to end at 9,768.05 followed by Nifty Pharma, which fell 45.60 points to end at 12,331.50

Macrotech Developers to launch IPO on 7 April; price band determined at Rs 483-486 per share
business

Macrotech Developers to launch IPO on 7 April; price band determined at Rs 483-486 per share

The company has also proposed to use Rs 375 crore to acquire land and their developmental right

Sensex tanks over 400 points in early trade; Infosys, Tech Mahindra, TCS among gainers
business

Sensex tanks over 400 points in early trade; Infosys, Tech Mahindra, TCS among gainers

BSE was trading 434.90 points or 0.87 percent lower at 49,594.93, and NSE Nifty dropped 109.35 points or 0.74 percent to 14,758