Business
Yes Bank Shares Advance 7% as Lender Claims Receiving Offers from 'Prominent Investors'
At 11:26am, Yes Bank shares were trading at Rs 37.30, up 6%, after hitting the day’s high of Rs 37.65. The stock has last a whopping 78% in the last one year compared with a 13% rise in the benchmark Nifty 50 index.
IRCTC, Yes Bank, Ashok Leyland, BPCL Among Key Stocks in Focus Today
Yes Bank Ltd shares shot up 6% after the company said Q3 earnings will be delayed as it is currently reviewing non-binding expressions of interest from several prominent investors.
Retail Inflation Inches Up to 7.59% in January on Back of Costlier Food Items, Shows Govt Data
The Consumer Price Index (CPI)-based retail inflation was 7.35% in December 2019 and 1.97% in January last year.
Prolonged Coronavirus Outbreak Can Hurt Asia-Pacific Economies, Banks to Take Maximum Hit: Moody's
The World Health Organisation has described the epidemic as very serious and has issued a global alarm. Already many industries have been hit across the world as China is the single-largest source market for the world economy today.
Union Cabinet Okays Changes in 'Vivad se Vishwas' Bill for Faster Resolution in Direct Tax Litigations
Prakash Javadekar hoped that people will take advantage of the scheme to settle the tax disputes before March 31, 2020 as 10 per cent more will be charged for settlement of disputes after the end of the current financial year.
Indian Employees Most Optimistic About Careers, 50% Believe Economy Will Improve in a Year: LinkedIn Survey
Indian employees' optimism level was followed by two other Asian nations — Indonesia and China – and was far higher than that in some of the world’s top job markets such as the United States, Canada and the United Kingdom.
BHEL, Allahabad Bank, IndusInd Bank, IRCTC Among Key Stocks in Focus Today
The benchmark BSE Sensex was trading up 360 points, or 0.87%, at 41,576.16, while the Nifty 50 rose 98.75 points, or 0.82%, to 12,206.65.
IT Major Infosys to Acquire Simplus in $250 Million Deal
The acquisition will bring to Infosys the globally recognised Salesforce expertise, industry knowledge, solution assets, deep ecosystem relationships and a broad clientele across industries.
Govt Seeks to Engage Itself with Businesses, Industries, Says FinMin Sitharaman
Nirmala Sitharaman said the Centre has introduced some features in the budget like 'faceless appeals and sorting out of problems while imparting tax administration'.
Why Coronavirus Outbreak in China Could Hit Indian Pharma Sector
China accounted for 67.56 per cent of total imports of bulk drugs and drug intermediates in 2018-19 at USD 2,405.42 million.
Vodafone Idea to Drop Brand 'Idea' From Postpaid Services
The company's prepaid customers will, however, continue to get services under both Vodafone and Idea brands.
DMart, ITI, Eicher Motors, Hero MotoCorp, DLF Among Key Stocks in Focus Today
Shares of state-run ITI Ltd surged over 12% after the company withdrew follow-on public offer (FPO) due to prevailing market conditions.
Sensex Drops over 150 Points; Nifty Below 11,700 in Early Trade
After swinging over 300 points in early session, the 30-share BSE index was trading 125.45 points or 0.32 per cent lower at 39,610.08, and the broader NSE slipped 21.30 points, or 0.18 per cent, to 11,640.55.
New Tax Regime to Definitely Benefit Taxpayers in Some Brackets, Says Nirmala Sitharaman
She defended the new scheme by saying that it will benefit some taxpayers falling in certain brackets, if not all.
Union Budget 2020: Rs 2,487 Crore Allocated for RRTS Projects
Out of the eight identified RRTS corridors to connect various NCR towns with high-speed rail commute, three had been prioritised for implementation in Phase-1 by the then Planning Commission appointed Task Force.
Defence Expenditure Hiked 6%, But Share in Total Budget Witnesses Small Decline
Union finance minister Nirmala Sitharaman allocated Rs 3,23,053 crore for defence expenditure in the union budget on Saturday.
