Business
Sensex Rises Over 200 Points, Nifty Tests 11,950 in Early Trade
The 30-share index was trading 213.78 points, or 0.53 per cent, higher at 40,573.19. Similarly, the broader Nifty rose 57.65 points, or 0.48 per cent, to 11,972.05.
'Offer Did Not Match Our Aspirations': Nirmala Sitharaman on India's Decision to Pull Out of RCEP
The government was taking efforts to ensure more regulatory mechanism in the banking sector to benefit bank account-holders, she said in the context of the PMC Bank and IL&FS issues.
Sensex Ends 216 Points Lower; IT Stocks Fall
Infosys was the top loser in the Sensex pack, dropping 2.89 per cent, followed by TCS, Asian Paints, Bharti Airtel and HCL Tech.
Infosys, RITES, Tata Power and Motherson Sumi Among Key Stocks in Focus Today
At 10:43 am, the benchmark S&P BSE Sensex stood at 40,448.37, down 126.80 points, or 0.31%, while the Nifty 50 index fell 35.40 points, or 0.3%, to 11,933.
Office Sharing Startup WeWork to Lay off 2,400 Workers Worldwide Amid Mounting Losses
The dismissed workers 'will receive severance, continued benefits, and other forms of assistance to aid in their career transition,' a spokesperson said in a statement.
Reliance Jio to Hike Mobile Service Rates in Next Few Weeks
Jio said telecom regulator TRAI is likely to initiate consultation process for revision in telecom tariffs.
Sensex Starts Over 170 Points Higher; Nifty Tests 11,900 Tracking RIL, Bharti Airtel Gains
After hitting a high of 40,455.36 in early session, the 30-share index pared some gains to trade 58.59 points, or 0.15 per cent, higher at 40,342.78, while the broader NSE Nifty advanced 14 points, or 0.12 per cent, to 11,898.50.
GoAir Inks Pact with Emirates National Oil Co for Jet Fuel
GoAir currently operates to eight international destinations and half of them fall in the Gulf region.
Bharti Airtel Shares Rally 7% in Second Day of Gains After Pulling Out from Purchase of RCom Assets
At 11:12 am, shares of Bharti Airtel Ltd were trading at Rs 414, up 5.3%, after hitting the day’s high of Rs 420.55. Notably, the stock has jumped nearly 34% in the past one year.
BPCL, Bharti Airtel, RCom, Glenmark, Vodafone Idea Among Key Stocks in Focus Today
Bharat Petroleum Corp. Ltd (BPCL) shares jump 4% after finance minister Nirmala Sitharaman said that the government is aiming to sell its stake in the company by March 2020.
Essar Steel, Adani, GAIL, HPCL Buy Bulk of Natural Gas from Reliance's New Fields
Reliance and its partner BP Plc of the UK had sought bids from potential users for the 5 mmsmcd of natural gas they plan to produce from the R-Cluster Field in KG-D6 block from mid-2020.
In Big Push for Revival of Telecom Sector, Govt Mulls Minimum Price for Calls, Data
This move will be beneficial for incumbents like Vodafone Idea and Bharti Airtel who reported a combined loss of RS 74,000 crore for its second quarter ended September 30, 2019 results.
Mahanagar Gas Shares Climb 8% as Brokerages Give Thumbs-up to Q2 Results
At 2:55 pm, shares of Mahangar Gas were trading at Rs 1,010 apiece, up 4.2%, after hitting the day’s high of Rs 1,046.65. Notably, the stock has risen over 18% in the past one year.
Withdrawing EPF Money? Here's How You Will be Taxed
A TDS (tax deducted at source) of 10% is applicable to the premature withdrawal of the EPF corpus. However, if the entire amount is less than Rs 50,000, then TDS is not applicable.
Vodafone Idea, Lupin, Adani Ports, Britannia Among Key Stocks in Focus Today
Vodafone Idea Ltd shares dropped 7.5% after Vodafone Group Plc said its future in India is shaky unless the central government stopped hitting operators with higher taxes and charges.
MMTC Floats Tenders for Import of 4,000 Tonnes of Onion
While trading firm MMTC will import onions, cooperative Nafed will supply the key kitchen item in the domestic market.
