Business
Sensex Tumbles 1,200 Points as Coronavirus Fears Grip Markets; Here's a Look at Top Losers
Of the 2,096 stocks trading on BSE, 1,746 stocks were trading in the negative zone, while only 269 stocks were trading in the green in morning trade. 81 stocks were trading unchanged.
Sensex Sinks 1,200 Points, Rs 5 Lakh Cr Wiped Off Over Coronavirus Fears; D-Street Set for Worst Week in 4 Yrs
Top losers on Dalal Street include Tata Motors, Hindalco, Tata Steel, Bajaj Finance, Yes Bank, Gail and M&M.
HDFC Bank Launches Co-Branded Credit Card With IndiGo
About the delinquency rate in the cards business, Rao said like the parent HDFC Bank, which has the best asset quality with under 1.5 per cent bad loan levels, cards business also has the lowest NPA levels.
AGR-Hit Vodafone Idea Wants Govt to Put in Place Floor Data, Proposes Tariff Hike
The loss-making telco is under pressure to clear adjusted gross revenue dues of more than Rs 50,000 crore to comply with a Supreme Court order. It has sought 18 years' time to clear the dues, including a three-year moratorium on payment of interest and pe...
Airtel Payments Bank Rolls Out Aadhaar Enabled Payment System
The AePS is a bank-led model which allows online interoperable financial transactions at a point of sale (PoS) through business correspondent of any bank using the Aadhaar authentication.
HDFC Bank Dedicates 'SmartUp' Zones in 30 Cities, Eyes to Become Go-To Bank For Start-ups
HDFC Bank on Tuesday disbursed SmartUp grants totalling Rs five crore to 20 start-ups in Bengaluru working in the social sector.
DoT Seeks Rs 7,608 Cr From GAIL in Dues for FY18; Rs 1.83 Lakh Cr Assessment Not Being Pressed
On February 14, the Supreme Court had pulled up the DoT for not enforcing its October 24 order that gave telcos three months' time to pay dues.
AGR Dues: Senior DoT Officials Meet to Discuss Relief Measures For Telecom Industry
The meeting among the senior officials that lasted for over an hour is said to have deliberated on options before the government to provide much-needed lifeline to top telecom operators against annual gross revenue dues.
Gurgaon Court Bars Private Firm from Using Trade Secrets of Top E-Commerce Company
The court gave its direction based on an application filed by Snapdeal, which alleged that a former employee joined its competitor, Club Factory, and in collusion with each other was trying to entice clients and business partners.
U.S. Firm Hughes Fears Indian Closure, Bank Disruptions Over Unpaid Fees
The closure of the company could disrupt connectivity at more than 70,000 banking locations and many critical satellite networks in the Indian navy, army and railways, Hughes' India President Partho Banerjee said in the letter.
Software Giant SAP Shuts India Offices for 'Extensive Sanitation' as 2 Test Positive for Swine Flu
The software major temporarily closed their main office in Bangalore and two other locations — Gurgaon and Mumbai — and asked hundreds of staff to work from their home until further notice amid an ongoing global crises caused by deadly COVID-19 virus inf...
While Sensex Surges Over 408 Points in Early Trade, Nifty Climbs by 123
On Tuesday, Sensex had closed down 161.31 points or 0.39 per cent at 40,894.38.
Misguided Fears Over Coronavirus Destroying Asian American Businesses
In major US cities, Asian American businesses are seeing a remarkable decline in customers as fear about the viral outbreak from China spreads.
RIL, JSW Energy, Vodafone Idea, JSW Steel Among Key Stocks in Focus Today
Vodafone Idea Ltd shares plunged 16% after CARE Ratings downgraded its rating of the company’s non-convertible debentures (NCDs) and long-term bank facilities.
Expectations High on 'Mini' Trade Deal During Trump's Visit: India Inc
At the invitation of Prime Minister Modi, Trump is slated to travel to India on February 24 and 25. According to sources, Trump will meet the country's top business leaders here on February 25 in a bid to push for deeper trade and business ties.
Global Trends, Coronavirus Developments to Dictate Markets in Holiday-shortened Week: Analysts
At the global front, the Federal Open Market Committee (FOMC) minutes on Thursday will also be eyed. Last week, the Sensex climbed 115.89 points or 0.28 per cent.
