Oil-to-telecom major Reliance Industries (RIL) on Thursday surpassed Rs 10 lakh crore in market capitalisation, becoming the first Indian company to do so. RIL hit its 52-week high on the BSE at Rs 1,581.25 a share, rising 0.64 per cent. While RIL gained nearly 40 per cent during the last year, the Nifty50 ...
The 220 MW third nuclear power unit at Kaiga Generating Station (KGS) in Karnataka restarted generating power on Wednesday evening, as per Power System Operation Corporation Ltd (POSOCO). The unit belonging to Nuclear Power Corporation of India Ltd (NPCIL) stopped ...
Sensex and Nifty opened higher but gains were capped ahead of the GDP figures to be released on Friday. The Sensex was up 64.70 points at 41,085.3. It touched an intra-day high of 41,163.79 and a low of 41,022.8....
In a major boost to farmers, scientists at the Chandra Shekhar Azad University for Agriculture and Technology (CSA) here have developed a tomato species that can yield up to 1,400 quintals per hectare. This species of tomato has been named Namdhari-4266, which is now available to ...
Telecom companies' earnings are stabilizing but leverage will remain elevated as significant fees owed to the government will likely be debt funded, Moody's said on Thursday. Funding of Department of Telecommunications dues will push debt higher and ...
The US stocks traded mixed on Wednesday, following Tuesday's fresh closing highs, as investors digested the moderately higher US growth rate in the third quarter (Q3)....
The Union Cabinet on Wednesday approved the extension of the term of the 15th Finance Commission headed by N.K. Singh. Its term was scheduled to end on November 30. Post the extension, the Commission will submit two reports, the first for...
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the proposal to increase the authorised capital of Food Corporation of India (FCI) to Rs.10,000 crore. The current authorised capital of FCI is Rs 3,500 crore....
If the Sena-NCP-Congress government makes it after the floor test on Thursday, they will have to take steps to check the widening revenue deficit of the largest state of the country. For 2019-20 (BE), revenue receipts have been estimated at Rs 3.15 lakh crore ...
The Indian markets on Wednesday opened over 150 points higher led by gains in banks and financial service stocks. Analysts said market sentiment have turned positive after latest indications of some encouraging progress in US-China trade deal. ...
