Stock Market Today: Indiabulls Housing Finance, Adani Ports, Bajaj Finserv, Reliance Industries, and Mahindra and Mahindra were top 5 Nifty losers. Domestic stock markets had a gap-down start on Monday as investors turned jittery over exit poll results ahead of the outcome of state elections. The S&P BSE Sensex started at 35,204.66 and the Nifty50 […]
Category: Business
Employees would go on a relay hunger strike for three days from Monday. Hundreds of Airports Authority of India employees will go on a three-day relay hunger strike from Monday to protest against the government’s move to privatise six airports, a union representative said. The Airports Authority Employees Union (AAEU) has also warned that staff […]
People in Alirajpur, Madhya Pradesh were in for a surprise when a bank ATM started delivering Rs 500 from the Rs 100 cassete. Whoever heard of the news, rushed to the ATM and fled with cash so much so that within three hours, as many as 98 people got richer by Rs 1.2 lakh, says […]
New Delhi: Public sector lender Punjab National Bank (PNB) has put up for sale two dozen non-performing assets to recover dues of over Rs 1,779 crore. These 24 dud loan accounts are majorly concentrated in Mumbai, Delhi and Kolkata zones of the bank. Two accounts belong to Chandigarh and Bhopal zones while one is of […]
The proposal is subject to the condition that government shareholding in equity share capital of bank does not fall below 52% at any point of time. Mumbai: Lending major State Bank of India (SBI) on Friday said it has received shareholders’ approval to raise up to Rs. 20,000 crore. According to the SBI, the approval […]
The deal is expected to close by mid-2019, subject to completion of applicable regulatory reviews. HCL Technologies on Friday said it will acquire select IBM software products including Appscan and Notes & Domino, for $1.8 billion. “The products that we are acquiring are in large growing market areas like security, marketing and commerce which are […]
All sectoral indices were trading with losses, led by metal, oil and gas, realty, FMCG, auto and banking stocks. The BSE benchmark Sensex cracked over 300 points and the NSE Nifty fell below 10,700 in early trade on Thursday on heavy sell-off in metal and oil stocks ahead of the Opec meeting to discuss production […]
The Reserve Bank of India will probably keep interest rates unchanged on Wednesday, with the decision itself likely to be a sideshow to Governor Urjit Patel’s press conference — his first since an acrimonious debate with the government over the central bank’s autonomy. Investors are watching how Patel will respond to the state’s push for […]
UAE’s National Advisor Bureau Limited has come up with a concept of travelling between Mumbai and Fujairah in just 2 hours by underwater trains speeding through floating pipes! Imagine the unimaginable! That’s what appears to be the motto of UAE’s National Advisor Bureau Limited which has come up with a concept of travelling between Mumbai […]
One of the country’s well-known Blockchain advocacy group, BTCWires, at an industry summit held on December 2 in New Delhi, showcased a video session with well-known Silicon Valley investor Tim Draper. The 59-year-old legendary investor, who has founded Draper University and whose son runs an accelerator fund, believes bitcoin, the cryptocurrency, will leverage on blockchain, […]