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Gold price moves lower to Rs 30,700 per 10 grams ahead of Dhanteras Gold price moves lower to Rs 30,700 per 10 grams ahead of Dhanteras

After logging gains for two days, gold price today headed lower by Rs 15 to Rs 30,700 per 10 grams ahead of the auspicious Dhanteras Friday as buyers put off their buying activity amid a weak trend overseas.

Over 1,300 new foreign portfolio investors register in Apr-Aug FY17 Over 1,300 new foreign portfolio investors register in Apr-Aug FY17

More than 1,300 new foreign portfolio investors (FPIs) have registered with capital markets regulator Sebi in April-August of 2016-17, showing a sign of their willingness to be part of India's growth story.

Moto Guzzi V9, MGX-21 launched in India, price starts at Rs 13.6 lakh Moto Guzzi V9, MGX-21 launched in India, price starts at Rs 13.6 lakh

The company has priced the lightweight cruisers, V9 Bobber and Roamer, at Rs 13.6 lakh, while the bigger MGX-21 gets a price tag of Rs 27.78 lakh.

Tata stocks plunge on concerns over Mistry letter Tata stocks plunge on concerns over Mistry letter

Shares of various Tata group stocks, including Tata Power and Tata Motors, plunged sharply this morning amid concerns about purported disclosure made by ousted group chairman Cyrus Mistry about huge write-down risks at some firms.

Sensex falls for third straight session, down 104 points; Nifty below 8600-mark Sensex falls for third straight session, down 104 points; Nifty below 8600-mark

The 30-share index was trading lower by 103.69 points, or 0.37 per cent, to 27,732.82. The gauge had lost 342.57 points in the previous two sessions.

Fake currency notes: RBI asks people to accept Rs 500/1,000 notes only after careful scrutiny Fake currency notes: RBI asks people to accept Rs 500/1,000 notes only after careful scrutiny

Worried over circulation of fake currency notes of Rs 500 and Rs 1,000 denomination, the RBI today asked the public to make it a habit to examine the notes before accepting them in the usual course of transactions.

Cabinet likely to consider strategic stake sale in PSUs today Cabinet likely to consider strategic stake sale in PSUs today

NITI Aayog has prepared a list of public sector units where the government can sell its majority stake to private companies in order to bring in greater efficiency and professionalism in functioning.

Union Cabinet may consider advancing Budget to February 1 today Union Cabinet may consider advancing Budget to February 1 today

The Union Cabinet is likely to take a decision on Thursday on Finance Ministry's proposal of advancing the date for Budget presentation to February 1.

SEBI looking into Tata-Mistry saga for breach of corporate norms SEBI looking into Tata-Mistry saga for breach of corporate norms

Markets regulator Sebi has begun looking into the high profile Tata-Mistry case for any possible breach of corporate governance norms and listing regulations at various listed companies of the over USD 100 billion conglomerate.

 

Cyrus Mistry ouster: Tata stocks fall further by up to 4%; total wipe out Rs 21K cr Cyrus Mistry ouster: Tata stocks fall further by up to 4%; total wipe out Rs 21K cr

Key Tata Group firms lost over Rs 10,000 crore for the second day Wednesday, extending the total erosion in market capitalisation to more than Rs 21,000 crore following Cyrus Mistry's ouster as Tata Group chairman.

Cabinet to consider advancing date for Budget presentation to Feb 1 tomorrow Cabinet to consider advancing date for Budget presentation to Feb 1 tomorrow

The Union Cabinet is likely to take a decision Thursday on Finance Ministry's proposal of advancing the date for Budget presentation to February 1.

Presentation of Union Budget being advanced by about a month: PM Modi Presentation of Union Budget being advanced by about a month: PM Modi

Prime Minister Narendra Modi on Wednesday said that the presentation of Union Budget is being advanced by about a month to ensure speedier implementation of projects and schemes.

Sensex tanks 255 points, dips below 28,000-mark Sensex tanks 255 points, dips below 28,000-mark

The BSE benchmark Sensex settled below the 28,000-mark by falling 255 points on Wednesday, weighed down mainly by weakness at Tata Group counters in the wake of removal of Cyrus Mistry as its chairman.

India-Korea revised DTAA notified, capital gains to be taxed at source from April 1 India-Korea revised DTAA notified, capital gains to be taxed at source from April 1

India has notified the revised double tax avoidance agreement with South Korea under which capital gains tax will be levied at the source with effect from April 1, 2017.

India slips 3 notches to 13th rank in protection of minority investors India slips 3 notches to 13th rank in protection of minority investors

India's global ranking in terms of protection of minority investors has slipped three notches to 13th, but remains much higher than the country's overall 130th rank for ease of doing business.

 

Axis Bank stocks plunge over 8%; m-cap erodes by Rs 10,133 cr post Q2 numbers Axis Bank stocks plunge over 8%; m-cap erodes by Rs 10,133 cr post Q2 numbers

Shares of Axis Bank slumped over 8 percent Wednesday after the company's July-September quarter net plunged by 83 percent.

Sensex plunges 201 points to crack below 28,000-mark as oil fears make a comeback Sensex plunges 201 points to crack below 28,000-mark as oil fears make a comeback

The Sensex went below the 28,000-mark by plunging over 201 points after funds and retail investors hit the sell button tracking a sluggish global trend due to tumbling oil prices.

PNB Housing IPO: Receives just 20% subscription on Day 1

The Rs 3,000-crore IPO received bids for 55,72,111 shares against the total issue size of 2,80,77,500 shares, data available with the NSE till 1700 hrs showed.

Cyrus Mistry ouster pulls down Tata group stocks by up to 3% Cyrus Mistry ouster pulls down Tata group stocks by up to 3%

Shares of Tata Steel fell by 2.51 percent, Tata Power lost 1.5 percent, Tata Consultancy Services slipped 1.20 percent and Tata Motors went down by 1.07 percent on BSE.

FIIs remain overweight on Indian markets: UBS FIIs remain overweight on Indian markets: UBS

Foreign Institutional Investors remain overweight on Indian markets on recovery hopes in the second half of the current fiscal as well as long-term growth outlook, says a UBS report.