Business
As Sebi Orders NSE to 'Disgorge' Rs 1,000 Cr, Here's All You Need to Know About the Co-location Case
The co-location case dates back to 2015, when a whistleblower wrote a letter to Sebi alleging that NSE was giving a few high-frequency traders and brokers preferential access to its trading platform.
Stock Markets Closed Today on Public Holiday for Labour Day
The benchmark BSE Sensex closed down 0.09 percent at 39,031.55 on Tuesday. The broader NSE Nifty ended 0.06 percent lower at 11,748.15.
Sensex, Nifty End Lower; Yes Bank Plunges 30%
The BSE Sensex closed with 0.09 per cent or 35.78 points loss at 39,031.55, while the NSE Nifty ended 0.06 per cent or 6.50 points lower at 11,748.15.
Deloitte Stares at India ban: 5 Times When it Faced Heat for Audit Practices
If the ban goes through, Deloitte would be the second ‘Big Four’ company to face such punishment after Price Waterhouse
Yes Bank, Hero Motocorp, Tata Motors, Maruti Among Key Stocks to Watch This Week
The focus would be on the March quarter earnings, general elections, and the movement in crude oil prices and the rupee.
Tata Motors, ACC, Sterlite, Maruti, Tata Global Among 10 Stocks in News Today
At 11.40am, the BSE Sensex was up 88.95 points, or 0.23%, to 38,653.83, while the Nifty was trading at 11,604.15, up 28.20 points, or 0.24%.
'Jet Airways Will Do Everything to Revive Airline; Talks Still on With Lenders, Govt': CEO Vinay Dube
The CEO's comments were made hours after news emerged that all the shortlisted bidders for the company had backed out of the bidding process that is due to complete on May 10
Blackstone to Pick 51% in Essel Propack for Rs 3,200 Crore
Subhash Chandra, chairman, Essel group, is passing through financial difficulties due to some bets taken on asset-heavy new businesses and is also looking at selling parts of his media and entertainment business
Adani Group Wins Projects Across Coal, Gas, Highways in Competitive Bidding
Adani Group is aggressively bidding for projects in logistics, mining, energy, construction and agro commodities to diversify the portfolio.
Jet Airways Shares Sink Over 32%, Hit 52-week Low During the Day
On the National Stock Exchange (NSE), Jet shares sank 31 per cent to close at Rs 165.75 apiece.
20,000 Jobs at Stake as Jet Airways Grounds Flights After Lenders Refuse Rs 400 Crore Lifeline
Sources said that this is the end of the road till a buyer emerges for the debt-ridden airline. There is no clarity on what happens to the employees in the interim.
BofA-ML Sees RBI Slashing Rates for Third Straight Shot After Shaktikanta Das' Speech in US
The Wall Street brokerage had earlier said the next cut may be either in June or in August, and had added the rate action hinges on the rains.
Jet Airways Pilots Seek PM Modi's Help to Save 20,000 Jobs, Ask SBI for Funds
The employees asked the State Bank of India to release funds worth Rs 1,500 crore for the airline.
Govt Meets Fiscal Deficit Target of 3.4% for Fiscal Year'19
The interim Budget presented in February revised upward the fiscal deficit target to 3.4 per cent from 3.3 per cent of GDP estimated earlier for 2018-19.
Sensex Ends 239 Points Higher; Yes Bank Rallies 4 Percent
After a highly volatile session, the market surged towards the fag-end of the trade with BSE bankex, auto, realty and metal indices gaining up to 1.40 per cent.
No End to Boeing's Woes as Aerospace Giant Cuts 737 Production Rate by 10 Planes Per Month
The aerospace giant plans to trim production to 42 planes per month, down from 52 per month, starting in mid-April.