Business

Implementing another round of reforms agenda in the securities market, entities going for IPO can announce the price band two days before commencement of the offer whereas the current time period is five days.

The results continue to show that emerging economies are considerably more vulnerable than developed countries to credit and financial stress.

Atul Gawande, 52, will take over as the Chief Executive Officer of the company from July 9. The new company will be headquartered in Boston and will operate as an independent entity

Foreign portfolio investors (FPIs) sold shares worth Rs 2,442.61 crore yesterday, as per provisional data issued by stock exchanges.

The world faces likely lower oil exports from Iran, OPEC's third-biggest producer, after U.S. President Donald Trump pulled out of a 2015 nuclear accord with a vow to renew sanctions against Tehran.

ZTE's Hong Kong-listed shares tumbled as much as 24 percent to HK$10.02, its lowest in nearly two years, while its Shenzhen shares fell by their daily limit of 10 percent. Since trading resumed last week, the stock has lost 38 percent or more than $7 bill...

TCS's board approved a proposal to buy back up to 7.6 crore equity shares "for an aggregate amount not exceeding Rs 16,000 crore". Most brokerage firms were anticipating a buyback of over Rs 20,000 crore

A Wall Street Journal report warned that the US decision could become the start of a tit-for-tat series of retaliatory moves. If the US hits China with tariffs, China will immediately retaliate with tariffs, said a Chinese official. "We hate unilateral ac...

The dollar turned weak against other currencies overseas even after the US Federal Reserve lifted interest rates and signalled two more hikes this year and four in 2019.

Prominent gainers were Dr Reddy's, Wipro, Adani Ports, M&M, Bharti Airtel, Tata Motors, SBI, IndusInd Bank,ITC Ltd, Sun Pharma, L&T, TCS and Asian Paints, rising by up to 1.80 per cent.

India notified the WTO that it plans to raise its tariff before June 21 on apples from the already very high level of 50 per cent to 80 per cent.

Last month, petrol and diesel pump prices in India surged to record highs, raising pressure on Prime Minister Narendra Modi's government to find a solution to provide relief to consumers without taking a hit on its finances.

The news sent cryptocurrencies tumbling, with bitcoin losing about 13 percent, ethereum down 12 percent and ripple almost 20 percent lower as traders fret over the safety of their investments.

Prime Minister Modi had detailed discussions with President Xi on bilateral and global issues on the sidelines Shanghai Cooperation Organisation (SCO) summit here.

Traders said increased buying by local jewellers to meet retailers' demand at domestic spot market and a firm trend overseas kept gold prices higher.

"More than Rs 7,000 crore of IGST/ ITC refunds sanctioned till now during the ongoing Special Refund Fortnight," the Central Board of Indirect Taxes and Customs (CBIC) said in a tweet.