Mumbai (IANS) The BSE Sensex and the Nifty50 on the National Stock Exchange (NSE) hit fresh all-time highs on Wednesday, before settling at record closing levels. Sensex touched an all-time intra-day high of 44,215.49 points during the fag end of … read more
New Delhi (IANS) The State Bank of India is set to offer a Rs 5,000-crore loan to Adani Enterprises Ltd’s Australian mining company, now renamed Bravus Mining & Resources, as per media reports. As per media reports, the loan agreement … read more
Mumbai (IANS) As a bull run continued on the Indian stock market on Tuesday, both Sensex and Nifty50 closed at record levels. BSE Sensex closed at 43,277.65, higher by 680.22 points, or 1.60 per cent, from the previous close of 42,597.43. … read more
New Delhi (IANS) India’s automobile retail sales rose 5.11 per cent in October on a sequential basis, industry data showed on Monday. However, sales remained in the red on a year-on-year basis. The Federation of Automobile Dealers Associations data showed that … read more
Mumbai (IANS) Rising corporate fund inflows along with buoyant equities are expected to strengthen the Indian rupee in the coming week. Analysts have predicted the rupee to range between 73.60 and 74.40 with a “appreciation bias” from last week’s band of … read more
New Delhi (IANS) Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Thursday that the Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion) for an equity stake of 2.04 per cent into RRVL, a subsidiary … read more
New Delhi (IANS) At least two out of the five petroleum products, including aviation turbine fuel or ATF and natural gas, are likely to be among the first set of petro products to be included in the Goods and Services Tax … read more
New Delhi (IANS) Larsen & Toubro has emerged as L1 for another package in the Bullet Train project – the country’s biggest infrastructure project till date. Larsen & Toubro emerged as the lowest bidder at Rs 7,289 crores for the C6 … read more
New Delhi (IANS) India’s oil import bill may fall further in the remaining period of the current fiscal with Saudi Arabia looking at giving discount in crude it sells to Asian Buyers. Analysts tracking the development said that the benchmark Dubai … read more
New Delhi (IANS) The government proposes to start afresh the process to firm up the list of companies for strategic sale and disinvestment as changed market dynamics post the Covid-19 outbreak and the need for distinguishing between strategic and non-strategic sectors … read more