Business

During the last trading week till Friday, the Sensex plummeted 4,187.52 points or 12.27 per cent, while Nifty sank 1,209.75 points or 12.15 per cent.

David Solomon, 58, who was installed as CEO in October 2018, 'embodies' Goldman's culture as a strategic thinker, the firm said.

PM Narendra Modi said the task force will ensure that all steps are taken to reduce the economic difficulties and the measures are effectively implemented.

ICICI Bank Ltd has acquired 100 crore equity shares pursuant to the Yes Bank Ltd Reconstruction Scheme, 2020 notified by the government under the Banking Regulation Act, 1949, it said in a regulatory filing.

The SBI Card stock closed the second day of its trade at Rs 736.10, up 8%, after falling to Rs 681.40 in the previous session compared with its initial public offering (IPO) price of Rs 755.

The surge came a day after Yes Bank shares jumped sharply by over 45 per cent after announcement of a restructuring plan on Monday.

The 64-year-old stopped being involved in day-to-day operations at the firm more than a decade ago, turning his attention to the foundation named after him and his wife, Melinda.

The sources, from oil majors and refiners which process crude in Europe, said Saudi state oil company Aramco told them it would supply all requested additional volumes in April.

Though it seems that bears have tightened their grip on the markets, most experts believe that investors should not panic and start deploying free cash in the market with a long-term perspective.

For an economy where the GDP has already slowed down to an 11-year low, the coronavirus outbreak has made matters worse.

On Wednesday, the WHO officially declared the coronavirus outbreak a pandemic. Following the announcement, the markets took a major hit, with Sensex plummeting 2,919 points.

Despite rebounding over 386 points during the day, the 30-share index pared most gains to settle 62.45 points or 0.18 per cent higher at 35,697.40.

At 10:28 am, the benchmark BSE Sensex was trading down 41.22 points, or 0.12%, to 35,593.73, while the Nifty 50 fell 30.50 points, or 0.29%, to 10,420.95. Yes Bank, Raymond, RBL Bank, Lakshmi Vilas Bank, Kotak Mahindra Bank, Infosys and Adani Gas were amo...

Kapoor, 62, was arrested by the ED under provisions of the Prevention of Money Laundering Act (PMLA) here around 3 am on Sunday as he was allegedly not cooperating in the probe, officials earlier said.

The case against Kapoor is linked to the scam-hit DHFL as the loans lent by the bank to the company allegedly turned non-performing assets.

After nosediving over 1,459 points during the day, the 30-share index settled 893.99 points or 2.32 per cent lower at 37,576.62. Likewise, the broader NSE Nifty tanked 279.55 points or 2.48 per cent to close at 10,989.45.