Business

Infosys hits 3-month high on rupee, Murthy's remark

Infosys hits 3-month high on rupee, Murthy's remark

🕔16.11.2017 10:41

Rupee has depreciated to the 65.50 level against the US dollar compared with 65 a week ago. NEW DELHI: Shares of Infosys shot up 4 per cent to a three-month high in Thursday's trade amid a recent depreciation in the rupee and a comment by founder N R Narayana Murthy suggesting all is well in ...

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Ambanis Wealthiest In Asia, 18 Indian Families In Top 50: 10 Points

Ambanis Wealthiest In Asia, 18 Indian Families In Top 50: 10 Points

🕔16.11.2017 10:41

The combined wealth of the Ambanis soared by a whopping $19 billion over previous year. The Ambani family, led by brothers Mukesh Ambani and Anil Ambani, has claimed the top slot in Forbes list of 50 richest Asian families with a net worth of $44.8 billion, up $19 billion from the previous year. ...

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Bharat 22 ETF's subscription in progress: Should you invest?

Bharat 22 ETF's subscription in progress: Should you invest?

🕔16.11.2017 10:41

The subscription for Bharat-22 Exchange Traded Fund (ETF) is in progress. The PSU ETF made its debut on Tuesday as a part of the Narendra Modi government's move to boost its divestment drive. Compared to its counterpart CPSE ETF which was launched in March 2014, the Bharat-22 Exchange Traded ...

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Income Tax Department Conducts Searches On NSE Brokers

Income Tax Department Conducts Searches On NSE Brokers

🕔16.11.2017 10:41

The controversy around co-location case has delayed NSE's IPO plansNew Delhi: The income-tax department has conducted searches on two NSE-linked brokers in connection with its tax evasion probe against entities and individuals said to be involved in the high-profile co-location case. Officials ...

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Prescient Posts On Earnings Of Big Indian Firms Shared On WhatsApp Groups

Prescient Posts On Earnings Of Big Indian Firms Shared On WhatsApp Groups

🕔16.11.2017 10:40

The prescient posts were circulated on WhatsApp hours before official company statements.Mumbai: Three days before Dr. Reddy's Laboratories Ltd announced quarterly results this summer, a message circulated on a private WhatsApp group saying the drugmaker would not post good numbers.Dr. ...

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Centre gives effect to GST rate changes

Centre gives effect to GST rate changes

🕔16.11.2017 10:40

The Centre on Wednesday notified the Goods and Services Tax (GST) Council’s latest decisions, giving effect to the revised tax rates on goods from November 15. The government said all product prices must reflect the change.“A consumer shall be charged the revised reduced rates of 18% on these ...

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India's top funds pile on telecom stocks after Morgan Stanley's bullish call

🕔16.11.2017 10:40

Bharti Airtel shares have risen 26 percent this quarter, including its best monthly gain since early 2004, compared to a 5.8 percent increase in the S&P BSE Sensex. (Image: Reuters) Investors are piling into India’s leading wireless carriers, betting that a shakeout in the world’s second-largest ...

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Delhi smog: BS-VI fuel in BS-IV engines may not curb vehicle pollution much

Delhi smog: BS-VI fuel in BS-IV engines may not curb vehicle pollution much

🕔16.11.2017 10:40

In a move to tackle high pollution levels in Delhi, the government on Wednesday preponed the introduction of ultra-clean Euro-VI grade petrol and diesel in the national capital by two years to April 2018. However, according to media reports, if the BS-IV engine is not upgraded to BS-VI as well, ...

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Closing bell: Sensex rallies 346 pts to end above 33K; Midcap, Nifty gain 1%

Closing bell: Sensex rallies 346 pts to end above 33K; Midcap, Nifty gain 1%

🕔16.11.2017 10:39

3:30 pm Market Closing: Equity benchmarks rebounded sharply after three-day of losses, backed by technology, banks, metals and energy stocks.The 30-share BSE Sensex was up 346.38 points or 1.06 percent at 33,106.82 and the 50-share NSE Nifty rose 96.80 points or 0.96 percent to 10,214.80.About ...

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Bird hit aborts IndiGo's Chennai-Doha flight; all passengers safe

🕔16.11.2017 04:39

A Doha-bound Indigo flight from Chennai suffered a bird hit early on Thursday.(Reuters) Things just don’t seem to go right for low-cost carrier Indigo nowadays. After complaints from passengers and other controversies marring the airline, a bird hit news has now emerged.  As per ANI reports, a ...

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