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Wary FPIs take out a record Rs 17,000 cr in August
The net outflow by foreign portfolio investors (FPIs) -- an all-time high since 1997 -- followed a net investment of Rs 5,323 crore in July.
NHPC plans to issue NCDs/bonds aggregating up to Rs 2,500-crore
State-owned NHPC on Saturday said it plans to issue non-convertible debentures (NCDs)/bonds for up to Rs 2,500 crore.
Indian Oil stake sale floor price set at Rs 387 a share
The government has set a floor price for the sale of shares in top state-run refiner Indian Oil Corp Ltd at Rs 387 each, the company said, a two percent discount from Friday`s close.
Shah panel's recommendation on MAT positive for market: Sinha
Union Minister of State for Finance Jayant Sinha on Saturday said the A P Shah Committee's recommendation to grant relief to FIIs on Minimum Alternate Tax (MAT) will be a positive for the market.
Sensex tanks over 700 points on China woes, global rout
Global stock markets tumbled after a survey showed Chinese factory activity contracted at their fastest pace since the depth of the global financial crisis in 2009.
Govt sets IOC share sale floor at Rs 387; to raise Rs 9,302 crore
Government on Saturday fixed the floor price for selling its 10 percent stake in Indian Oil Corp (IOC) at Rs 387 a share -- about 2 percent below last closing -- which is likely to fetch Rs 9,302 crore to the exchequer.
India may waive retrospective MAT tax on foreign investors
Although MAT has been applied to domestic companies to ensure a minimum tax payment, it had never been imposed on foreign institutional investors (FIIs).
SBI developing low-cost model to counter payments banks
Country's largest commercial banking entity State Bank of India (SBI) is now developing a low-cost model to compete with payments banks.
China pain spills over for investors, Sensex down 242 points
Further sell-off in Chinese stock market continued to give investors anxious moments as the benchmark BSE Sensex lost ground by 242 points to settle at 27,366.07, its lowest close in over two months.
Banks can extend loan repayment up to 5 years for crop loss: RBI
The Reserve Bank on Friday gave the farming community much to cheer about when it said banks can extend loan repayment period up to 5 years in case 50 percent crop is damaged due to natural calamities like drought and flood.
India's oil exploration off Vietnam 'illegal': Chinese daily
Call drops: Govt initiates steps to address problem
China manufacturing contracts, eurozone and US slows
Railways to go paperless for monthly season tickets and platform tickets
Gold tops Rs 27,000-mark on global cues, seasonal demand
Petrol, diesel prices may be slashed today
Leaked! Windows 10 Lumia smartphones specifications
Reasons behind Sept 2 Bharat Bandh
LPG cylinder online booking: You will need these documents
HDFC Bank slashes base rate by 0.35%, loans to be cheaper
You can soon apply for LPG connection online
Black Monday: Sensex crashes 1,624 points
The side effects of junk food
Aapka Bazaar: Expert's take on today's market
How to file income tax return
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