Business
Rupee Rises 10 Paise to Rs 70.94 Against US Dollar in Early Trade
At the interbank foreign exchange the rupee opened at 70.98, then gathered momentum and touched 70.94 against the US dollar, registering a rise of 10 paise over its previous close.
HDFC Bank-Walmart Credit Card Can Help Customers Save up to Rs 40,000 Annually
Both Walmart and HDFC Bank announced that the registered members of Walmart India’s ‘Best Price’ stores will now also be able to pay for their purchases via the exclusive co-branded credit card.
Sensex and Nifty Indices Edge Up in Early Deals on Positive Global Sentiments
The BSE gauge Sensex moved 103.13 points higher to trade at 40,882.72 in opening deals, while the NSE barometer Nifty added 22.50 points to 12,040.90.
Rate-sensitive Bank, Auto Stocks Fall as RBI Surprises with its Decision to Hold Key Policy Rates
The BSE Bank index closed at 36,147.31, down 0.76 per cent while the BSE auto index settled 0.64 per cent lower at 17,810.17.
Sensex & Nifty Close Higher ahead of RBI Policy Decision
Among the Sensex stocks, Tata Motors emerged as the top gainer, rising by 7 per cent. Yes Bank, ICICI Bank, Vedanta Ltd and Tata Steel were among the gainers.
CSB Bank Listing Today: Analysts Expect Bumper Debut with At Least 25% Gains
Most analysts are expecting CSB Bank shares to list at a hefty premium of around Rs 50 per share, over 25% more than the final issue price of Rs 195 apiece. The grey market premium is also around 60-65 per share, as per some reports.
Saudi Aramco IPO Institutional Tranche More Than Twice Oversubscribed
The state-owned Saudi oil giant has received subscription orders for around 4.6 billion of shares so far from institutions.
Indian Stock Markets Staring at a Volatile Week; Here's Why
The monthly sales data for auto companies for the month of November will also be in focus. Maruti Suzuki on Sunday said its November sales fell 1.9% year-on-year, while Tata Motors Ltd reported a 25.32% decline in sales.
RBI Interest Rate Decision, Macro Data, Global Events to Steer Markets: Analysts
PMI data for manufacturing and services sectors are scheduled to come this week which may also impact trading at the bourses.
India Will Not Negotiate Any Free Trade Agreement on Back Foot, Says Piyush Goyal
Talking about investments, he cautioned the e-commerce companies to follow the laws properly as millions of small traders are involved in the business in the country.
RBI Sends Crippled DHFL to Bankruptcy Tribunal NCLT for Resolution
The central bank also said there will an interim moratorium on the lender between the date of filing of the bankruptcy application and its admission or rejection.
Govt to Bring Tax Refund Scheme for Exporters Before Union Cabinet, Piyush Goyal Tells Rajya Sabha
Piyush Goyal said the government is also encouraging its entrepreneurs to expand their manufacturing operations in the current global trade situation where nations are engaged with each other in a trade war.
HDFC Bank Sets up Panel to Find Successor to Managing Director Aditya Puri
The search committee will comprise Shyamala Gopinath, Sanjiv Sachar, M D Ranganath, Sandeep Parekh, Srikanth Nadhamuni and Keki Mistry representative of HDFC, the parent of the bank.
Air India Will Have to Cease Operations if Not Privatised, Says Aviation Minister in Parliament
A group of officials, including home and finance ministers, is finalising the process of inviting bids from the private sector for the loss-making national carrier.
Sensex Retreats from Lifetime High, Ends 68 Points Lower; Nifty Above 12,000
After scaling its record intra-day high of 41,120.28, the 30-share BSE Sensex settled 67.93 points, or 0.17 per cent, lower at 40,821.30.
Google Faces Flak for Trying to Crush Efforts to Unionise After 4 Employees Fired
The Google workplace has been disrupted by employee opposition to top-level decisions ranging from making contracts with the military to tailoring a version of the search engine for China and the handling of sexual misconduct allegations.
