Business
UltraTech Cement Q2 Net up by 62.6 Percent to Rs 578.55 Crore
Its revenue from operations rose 4.01 per cent to Rs 9,620.47 crore during the quarter under review as against Rs 9,249.26 crore in the corresponding quarter of previous fiscal.
Sensex Rallies for Sixth Straight Session, Rises 246 Points; Yes Bank Gains 8.44%
Shares of Reliance Industries ended 1.37 per cent higher ahead of its quarterly earnings, scheduled to be announced later in the day.
BHEL Shares Rally 29% on Reports of Govt Planning to Divest Stake
At 1:27 pm, BHEL shares were trading at Rs 55, up 23.3%, after hitting an intra-day high of Rs 57.60. The stock today posted its biggest intra-day rally in a decade. Last time it had gained 29% in intra-day trade on 18 May 2009 on BSE.
Pound Sinks as Key Ally Rejects UK Prime Minister Boris Johnson’s Brexit Plan
The two sides said Wednesday they were edging towards the basis for a treaty allowing Britain to avoid a no-deal exit, which many observers warned could be economically catastrophic.
Retail Inflation Rises to 3.99 Percent in September on Costlier Food Items
The consumer price index based inflation was registered at 3.28 percent in August. On a year-on-year basis, the inflation was 3.70 percent in September 2018.
Wholesale Inflation Eases to Over 3-year Low in September on Cheaper Fuel, Food Items
Inflation print for food articles, as a basket, remained nearly flat at 7.47 per cent during the month. Prices of potato fell by a further 22.50 per cent as against a decline of 21.28 per cent in August, according to a new data.
Weekly Stocks Update: Top Gainers and Losers for the Week Ended 11 October
In the week ended 11 October, the benchmark S&P BSE Sensex managed to add 453.77 points, or 1.2%, to end at 38,127.08, while the Nifty 50 index rose 130.30 points, or 1.16%, to 11,305.05.
Fugitive Diamantaire Mehul Choksi Cheated Punjab & Sind Bank of Rs 44 Crore: Report
According to New Delhi-based PSB, Mehul Choksi's company, Gitanjali Gems Ltd, including its merged entity Gitanjali Exports Ltd, had availed the loan from the bank.
India May Restrict Imports of Palm Oil, Other Goods from Malaysia over Mahatir's Kashmir Remark at UN
The centre was angered after Malaysian PM Mahathir Mohamad alleged last month at the United Nations that India had 'invaded and occupied' Jammu and Kashmir and asked New Delhi to work with Pakistan to resolve the issue.
India May Restrict Imports of Palm Oil, Other Goods from Malaysia After PM's 'Invade-Occupy' Remark on J&K
India's government was angered after Malaysian Prime Minister Mahathir Mohamad alleged last month at the United Nations that India had 'invaded and occupied' Jammu and Kashmir and asked New Delhi to work with Pakistan to resolve the issue.
Auto Sector's Woes Continue as Passenger Vehicle Sales Plunge 24% in September, 11th Month of Decline
Passenger vehicle sales dropped to 223,317 units in September, the Society of Indian Automobile Manufacturers (SIAM) data showed, while passenger car sales dived 33.4% to 131,281 units.
Sensex Plunges 297 Points Dragged by Losses in Banking, Auto Stocks; IndusInd Bank Tanks 6.15 %
Top laggards in the Sensex pack included IndusInd Bank, Yes Bank, Tata Motors, Vedanta, ICICI Bank, SBI, HDFC Bank and Tata Steel, falling up to 6.15 per cent.
Lakshmi Vilas Bank Would Continue towards Raising Capital as RBI Rejects Merger Plan
In a regulatory filing on Thursday, Lakshmi Vilas Bank said the bank acknowledges the decision of Apex bank.
Anil Ambani-Owned Reliance Infra Appoints His Sons Anshul & Anmol as Directors
Their appointment is effective from October 9, 2019 and both shall hold office up to the ensuing annual general meeting (AGM) as additional directors.
Halliburton to Pay $275,000 to Indian, Syrian-origin Employees for Discrimination
The Houston-based company has agreed to pay the amount and furnish significant relief to settle a national origin and religious discrimination lawsuit brought by the US Equal Employment Opportunity Commission (EEOC).
Sensex Declines 141 Points, Yes Bank Rallies at 8%, ONGC, ITC & Tata Steel Among Top Losers
After swinging 439 points during the day, the 30-share Sensex ended 141.33 points, or 0.38 percent, lower at 37,531.98. It hit an intra-day low of 37,480.53 and a high of 37,919.47.