Foreign Portfolio Investors (FPIs) bought equities worth Rs 31,700 crore in the quarter ended June 2019, broking firm Kotak Securities estimated. Diversified financials, insurance, oil, gas and consumable fuels and telecommunication services were the top sectors that witnessed FPI buying....
The unabated losses at Vodafone-Idea are eroding the value of other Aditya Birla Group firms, whose combined m-cap declined by a whopping Rs 21,431 crore on August 20, days after the quarterly results of the telecom arm were announced on July 29. On August 19, the company posted lacklustre subscriber numbers having lost 41 ...
The Sensex and Nifty on Wednesday traded on a flat note awaiting a stimulus package from the Union government. The Sensex opened slightly lower at 37,298.73 from its Tuesday's close of 37,328.01....
By continuing to work with Iran on the Chabahar Port, India does not violate US sanctions on Teheran, according to the Washington official dealing with Iran. Replying to a question here about the Chabahar port, the Special Representative for Iran, Brian Hook on Tuesday said: "We have no evidence that India is ...
An Indian-origin researcher at University of New South Wales (UNSW), Sydney has received $3.3 million grant to transform waste and resource recovery industry by developing advanced manufacturing capabilities that focus on small-scale processing of materials produced from battery and consumer wastes....
Hit by major corporate governance issues involving unauthorised transactions and understatement of liabilities, Gautam Thapar-led CG Power's shares plunged nearly 20 per cent on the BSE on Tuesday during the early trade. The corporate fraud which went unnoticed for almost three years has raised ...
In a bid to boost car sales amid piling inventories, the State Bank of India (SBI) on Tuesday waived processing fee on car loans during the upcoming festival season and is also offering the lowest interest rate starting 8.70 per cent on car loans, with no escalation in interest....
The Sensex and Nifty fell after initial gains on Tuesday awaiting a stimulus package from the government. According to reports, the Union government is working on a stimulus package to revive economic growth....
Petrol and diesel will cost more in Uttar Pradesh from Tuesday after the state government hiked Value Added Tax (VAT)on both. A litre of petrol will now cost 98 paisa more across the state while a litre of diesel has become dearer by Rs 2.35....
US President Donald Trump has praised Apple CEO Tim Cook for "making a good case" that tariffs on China will help Samsung gain more as it is based in South Korea and does not need to pay any tariffs. ...
