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Union Budget 2014: Raising of FDI cap in insurance may help pharma industry

Last Updated: Thursday, July 10, 2014, 17:59

Finance Minister Arun Jaitley on Thursday proposed raising the FDI cap from 26 percent to 49 percent.

Top-10 Sensex firms added Rs 68,518 cr in market valuation

Last Updated: Sunday, July 06, 2014, 11:56

In the ranking of top-10 firms, TCS stood at number one position followed by ONGC, RIL, ITC, CIL, HDFC Bank, SBI, Infosys, ICICI Bank and Larsen & Toubro.

Mutual Fund industry AUM rises by Rs 80,000 cr in Apr-Jun qtr

Last Updated: Wednesday, July 02, 2014, 14:14

Improved market sentiments helped mutual funds' assets under management (AUM) soar by Rs 80,000 crore or nine percent to Rs 9.85 lakh crore in the first quarter of the current fiscal.

ITC shares tumble 6.5%, m-cap drops Rs 17K cr on duty hike fears

Last Updated: Monday, June 23, 2014, 19:50

Market value of FMCG major ITC on Monday took an over Rs 17,000 crore hit as its shares sharply tanked on fears that a proposal to hike excise duty on cigarettes would be accepted.

Market value of 7 bluechips erodes by Rs 31,966 cr last week

Last Updated: Sunday, June 22, 2014, 18:29

As benchmark BSE index Sensex shed over 122 points last week, seven of 10 most valued companies saw erosion of Rs 31,966 crore in their total market capitalisation during the period.

20 NSE indices hit all-time high

Last Updated: Friday, June 06, 2014, 20:04

LIX15 Midcap Index is designed to provide investors exposure to the top-15 liquid mid-cap stocks.

Investor wealth in Indian stocks rises to record $1.5 trillion

Last Updated: Friday, June 06, 2014, 19:59

Market-capitalisation (m-cap) of all the listed companies stood at Rs 89,31,898 crore.

M-cap of top 7 Sensex cos down by Rs 90,452 crore

Last Updated: Sunday, June 01, 2014, 17:53

Top seven Sensex companies saw a cumulative loss of Rs 90,452.18 crore in their market capitalisation (m-cap) last week, with energy majors ONGC and RIL taking the steepest hit.

FinMin looking at insurance funding without raising FDI cap

Last Updated: Thursday, May 29, 2014, 21:08

The Finance Ministry is looking at ways in which private insurance companies can be allowed to raise more funds without hiking the foreign direct investment cap in the sector to 49 percent.

India not a crowded trade for foreign investors: Credit Suisse

Last Updated: Tuesday, May 27, 2014, 11:42

India is still not a "crowded trade" for foreign investors, Credit Suisse said, despite USD 7.3 billion of net foreign buying since March.

Top 5 Sensex firms add Rs 98,000 cr in M-cap

Last Updated: Sunday, May 25, 2014, 13:21

RIL, ONGC, CIL, SBI and HDFC saw cumulative addition of Rs 98,170.73 crore in market capitalisation (m-cap).

HAL to hit market in H2 FY'15 as first PSU IPO after 30 months

Last Updated: Sunday, May 25, 2014, 11:21

The disinvestment department is working on launching the equity sale of Hindustan Aeronautics Ltd in the second half of the current fiscal.