Business
Indiabulls Housing Finance Postpones Interest Rate Hike for Kerala Customers by 2 Months
Indiabulls Housing Finance company has decided to waive the processing fee for home improvement loans to customers whose homes have been affected in Kerala floods.
RBI Puts 200 Stressed Account Under Scanner in Bid to Curb NPAs
Reserve Bank of India (RBI) is examining as to whether banks have followed prudential norms in respect of these stressed assets, a senior public sector bank official said.
Here's a Look at Stocks That Rose 100-800% Since Last Independence Day
Most of the small and midcap companies have done well in the last one year, although the broader market as a theme came under some pressure in the last 2-3 months.
Govt Blames External Factors for Rupee Fall, Says Nothing to Worry Even if it Hits 80 Per Dollar
In the current financial year, which began on April 1, the rupee has depreciated around 6.7% against the US dollar.
Seven of 10 Most Valued Companies Add Rs 47,499 Crore in M-Cap
The gainers list comprised Tata Consultancy Services (TCS), RIL, HDFC Bank, ITC, HDFC, Infosys and SBI, while Hindustan Unilever Ltd (HUL), Maruti Suzuki India and Kotak Mahindra Bank suffered losses in their m-cap for the week ended Friday.
June IIP Accelerates to 7% vs 3.9% in May, at Highest Level in 5 Months
As per the data, the first quarter IIP growth stands at 5.2 per cent with manufacturing also recording the same growth. The IIP growth in the year-ago period was 1.9 per cent.
Union Bank of India Q1 Net Up 12% at Rs 130 Crore
Total income during the June quarter increased to Rs 9,908.76 crore as against Rs 9,567.69 crore in the same period a year ago, it said in a regulatory filing.
Rupee Dives 17 Paise Against Dollar in Early Trade
A weak trend at Dalal Street also weighed on sentiment at the Interbank Foreign Exchange market.
Rupee Declines 5 Paise, Hits 2-week Low Against US Dollar
Meanwhile, the benchmark BSE Sensex rose by 184.98 points, or 0.49 per cent, to quote an all-time high of 37,876.87 in opening trade on Tuesday.
Parliamentary Panel Asks Government to Set Up Expert Group to Revive HMT
It recommended that the Centre undertake an original time-bound comprehensive study to assess the overall performance and requirements of public sector undertakings in the country with a view to making them commercially viable.
Adani Bags Maximum Number of City Gas Licences, Wins 11 Bids
According to the Petroleum and Natural Gas Regulatory Board, IOC on its own won rights to four cities.
Swiss Can Give Bank Client Data to India in Tax Dodge Case: Court
The case involved information leaked by whistleblower Herve Falciani, a French citizen who worked for HSBC's Swiss private bank and in 2008
RBI in a Tight Spot, Expected to Raise Interest Rates Again
If the RBI increases the rates by 25 basis points, it would be the first time since October 2013 that the central bank has hiked borrowing costs at two consecutive policy meetings.
IBC Ordinance Was Not to Favour Any Corporate House: Piyush Goyal
Replying to a debate on the Insolvency and Bankruptcy Code (Second Amendment) Bill 2018, Finance Minister Piyush Goyal said the government brought the ordinance to ensure speedy resolution of stressed assets and for the benefit of home buyers and the MSME...
Air India Seeks Additional Equity From Government to Pay Vendors: Source
India last month shelved a plan to sell a majority stake in Air India due to lack of interest from bidders, in the latest setback in its ambitious efforts to rescue the ailing airline.
Sensex Hits All-Time High of 37,496; Nifty Above 11300
PSU, oil & gas, banking, power, metal, Infrastructure, consumer durables and realty sector stocks were leading the rally.
