India Finance and Business news
(Updated Every 15 minutes)
RIL to acquire majority stakes in Hathway, DEN for Rs 52.3 billion
Facebook shareholders back proposal to remove Mark Zuckerberg as chairman
The proposal, set to be voted on at the company#39;s annual shareholder meeting in May 2019, is asking Facebook#39;s board to make the role of board chair an independent position.
ITC To Resume Cigarette Manufacturing
India seeks to speed up foreign deals with 'one-stop shop'
The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.
View: Impunity of sexual predators must end
Sensex sheds 382 point over profit booking, crude oil prices
Mumbai: Profit booking, along with a slight rise in global crude oil prices and depreciation in the Indian rupee, pulled the key Indian equity indices lower on Wednesday after three consecutive days of gains.Sector-wise, except for IT and FMCG stocks, all others witnessed heavy selling pressure led by auto, finance and banking counters.Index-wise, the benchmark S&P BSE Sensex settled at 34,779.58 points, down 382.90 points or 1.09 per cent.The NSE Nifty closed at 10,453.05 points, down 131.70 points, or 1.24 per cent.The volatility during the trade session can be gauged by the 878.27 points swing in Sensex from an intra-day high of 35,605.43 points and a low of 34,727.16.
L.L. Bean rebuffs boycott over granddaughter’s big Trump donation
A man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.
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- Sensex falls 383 pts, NBFC stocks get battered again
- Adani ties up with French energy major Total to enter petrol retail biz
- Mahindra-Ford India partnership goes to the next level
- Over 50 crore mobiles with Aadhaar KYC could be disconnected
- Sebi directs Singh brothers, 8 other entities to repay over Rs 403 cr to Fortis Healthcare
- RBI denies YES Bank request to extend MD & CEO Rana Kapoor's term
Facebook shareholders back proposal to remove Mark Zuckerberg as chairman
The proposal, set to be voted on at the company#39;s annual shareholder meeting in May 2019, is asking Facebook#39;s board to make the role of board chair an independent position.- Reliance Industries Q2: Telecom, retail drive healthy results
- Aditya Birla Health Insurance: The changing contours of medical insurance
- Tariffs on Chinese imports have not impacted US economy: Donald Trump
- Central Bank#39;s exposure less than 2% of ILFS Group#39;s aggregate external debt
- SEBI asks Singh brothers, 8 others to repay Rs 403 cr to Fortis within 3 months
- Ram Nath Kovind accepts MJ Akbar#39;s resignation
ITC To Resume Cigarette Manufacturing
ITC manufactures a range of cigarette brands, including India Kings, Classic, Gold Flake, Navy Cut, Capstan, Bristol, Flake, Silk Cut, which are manufactured at plants in Bengaluru, Munger, Saharanpur...
- All Income Tax Returns Activated For E-filing: Taxman
- Petrol Price Cut By 74 Paise/Litre; Diesel Down By Rs 1.30/Litre
- Infosys Gives Wage Hike Of 6-12%; Top Performers To Get Equity
- Become Independent of Visas And Hire Locally: Infosys
- Avoid Protectionism, Competitive Devaluation: Jaitley to G20
- Alkem Labs Accused Of Fudging Trial Data By German Regulator
India seeks to speed up foreign deals with 'one-stop shop'
The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.- Why auctions for power projects don’t work in India
- Rupee ends 21 paise lower vs US dollar; snaps 3-day winning run
- Late surge drives Nifty above 8,350, Sensex ends up 363 points
- CNG price to be increased by 45 paise per kg in Delhi, piped cooking gas in NCR
- Jaitley outlines economic road map of Modi government; reasonable taxation top priority
- Modi government scores 7 on 10 for first year's performance: Assocham
View: Impunity of sexual predators must end
View: Impunity of sexual predators must end#MeTooIndia has exposed a deep wound, but the wound has been festering for decades.
- How affordable over-the-top streaming has made entertainment a malaise
- Mukesh Ambani bends to US sanctions, halts Iranian oil imports
- Modicare: Pvt players may run district hospitals
- Facebook boss Zuckerberg can soon lose his job
- Sirisena calls PM to clear assassination plot reports
- Why isolating the Saudis is no child's play
Sensex sheds 382 point over profit booking, crude oil prices
Mumbai: Profit booking, along with a slight rise in global crude oil prices and depreciation in the Indian rupee, pulled the key Indian equity indices lower on Wednesday after three consecutive days of gains.Sector-wise, except for IT and FMCG stocks, all others witnessed heavy selling pressure led by auto, finance and banking counters.Index-wise, the benchmark S&P BSE Sensex settled at 34,779.58 points, down 382.90 points or 1.09 per cent.The NSE Nifty closed at 10,453.05 points, down 131.70 points, or 1.24 per cent.The volatility during the trade session can be gauged by the 878.27 points swing in Sensex from an intra-day high of 35,605.43 points and a low of 34,727.16.- Sensex falls 75 points as investors cream off gains
- Markets open high on Wednesday
- Sensex gains nearly 300 points; banking, energy stocks rise
- Sensex rises 270 points on expectations of robust corporate earnings
- Sensex opens 140 points up, Nifty at 11550
- Sensex rises 130 points, Nifty settles above 10,450-mark
L.L. Bean rebuffs boycott over granddaughter’s big Trump donation
A man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.- Union leader who says Trump lied about Carrier deal refuses to back down
- Working, eating and sleeping at the office
- Obama seeks ‘irreversible’ opening to Cuba
- Samsung chief Lee arrested in corruption investigation
- Auto union courts Tesla workers, amplifies 'buy American' message
- U.S. court to rehear challenge to SEC judges
