Tag: Business

Mumbai: Driven by favourable impact of forex in and tariff orders, integrated power company Tata Power yesterday said it consolidated net profit in 2014-15 rose to Rs.168 crore against a loss of Rs.260 crore incurred in 2013-14. The net revenue, in the review period, however, fell by just over four percent at Rs.34,367 crore as […]

Shanghai: India is ready to do business and is constantly improving the ease of doing business, Prime Minister Narendra Modi said today at the India-China Business Forum here that saw 21 business agreements worth $22 billion being signed. In his address to the India-China Business Forum, Modi said that India offers historic opportunity for Chinese […]

Mumbai: Ahead of a three-day RBI monetary policy review meet, set to start later in the day, Sensex and Nifty logged mild gains during the late afternoon session of trade of Tuesday. Capital goods, FMCG and metal stocks declined while energy, IT and banking stocks surged. At 2.54 p.m., the S&P BSE Sensex traded 78.22 […]

Mumbai: BSE benchmark Sensex jumped over 250 points and NSE Nifty breached the 11,000 mark in early trade Wednesday led by gains in IT and metal stocks amid heavy buying by domestic and foreign institutional investors. The 30-share index was trading 255.89 points, or 0.70 per cent, higher at 36,872.70. Similarly, the 50-share NSE Nifty […]

Kolkata: State-run Allahabad Bank on Wednesday announced a net loss of Rs 732.81 crore for the quarter ended December 31, 2018, narrowing the net loss of Rs 1,263.79 crore reported for year ago period. The lender, which is under the prompt corrective action (PCA) of the Reserve Bank of India (RBI), had reported a net […]

Kolkata: State-run Allahabad Bank on Wednesday announced a net loss of Rs 732.81 crore for the quarter ended December 31, 2018, narrowing the net loss of Rs 1,263.79 crore reported for year ago period. The lender, which is under the prompt corrective action (PCA) of the Reserve Bank of India (RBI), had reported a net […]

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the BSE opened at 36,279.63, touched a high of 36,375.80. and a low of 36,278.84. It is trading at 36,322.02 up by 168.40 points or 0.47 per cent from its Tuesday’s close […]

Mumbai: The Sensex and Nifty declined after opening on a flat to positive note on Monday led by selling in auto, IT and FMCG stocks. The Sensex of the BSE opened at 35,831.18 from its previous close at 35,808.95 on Friday. At 9.20 a.m., the Sensex traded at 35,794.97 lower by 13.98 points or 0.04 […]

Mumbai: The Sensex advanced over 130 points during the Tuesday morning trade session as it opened higher with key banking and finance sectors gaining. All the sectors on the NSE traded in green, as well, except for IT, Pharma and Media stocks as the Indian rupee slid against the US dollar on Tuesday. The Sensex […]

Mumbai: The benchmark Sensex advanced over 100 points after opening in the green on Monday following optimism in the Asian markets amid signs of easing trade tension between the US and China. The Sensex of the BSE opened at 35,983.80 from its previous close at 35,871.48 on Friday. At 9.28 a.m., the Sensex traded at […]

Mumbai: The benchmark Sensex opened over 230 points lower on Tuesday while the Nifty slipped below the 10,800 point mark. Selling was seen across all sectors on both NSE and BSE. The Sensex of the BSE opened at 35,975.75 from its previous close at 36,213.38 on Monday. At 9.22 a.m., the Sensex traded at 35,949.92 […]

Mumbai: The key Indian equity indices opened on a negative note on Tuesday, with the Sensex trading marginally lower, in line the major Asian markets. At 9.24 a.m., the BSE Sensex traded at 36,027.30, lower by 36.51 points or 0.10 per cent from the previous close of 36,063.81 points. It has so far touched an […]

Mumbai: Despite a muted trend in Asian markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 36,636.10 points on Wednesday, opened higher at 36,744.02 points. Minutes into trading, it was quoting at 36,685.11 points, up by 49.01 points, or 0.13 per cent. […]

Mumbai: The key Indian equity indices opened on a negative note on Friday, tracking a similar trend in the Asian markets. Both Sensex and Nifty50 traded marginally lower from the closing levels on Thursday. At 9.21 a.m., the BSE Sensex was at 36,689.4, down 35.99 points or 0.10 per cent from its previous close of […]

Mumbai/New Delhi: Assets of the erstwhile South Korean global automobiles giant, Daewoo Motors India Ltd., which were taken over in 2008 by a newly-formed Pan India Motors, would again go under the hammer on April 11 and DRT Mumbai aims to recover around Rs 2,250 crore from the auction. Significantly, the auction comes more than […]