Business
Industrial Production Contracts 4.3% in September Amid Poor Performance in Manufacturing Sector
Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 4.6 per cent in September 2018.
Indiabulls Real Estate Shares Jump 5 Percent on Upbeat Q2 Results
The company's scrip gained 4.04 per cent to close at Rs 76 on the BSE. During the day, it zoomed 4.99 per cent to Rs 76.70.
Slowdown Effect: India's Electricity Demand Falls at Fastest Pace in At Least 12 Years
India's June quarter GDP grew at its weakest pace in six years as consumer demand and government spending slowed, and economists see the falling electricity demand as a reflection of a further slowdown.
Ashok Leyland Shares Plunge 7% in Early Trade After Q2 Results
At the NSE, it dropped 7.25 percent to Rs 71. However, later the scrip bounced back and was trading marginally higher by 0.39 percent at Rs 76.90 on the BSE during the late morning trade on the BSE.
E-commerce Giant Alibaba Says Singles' Day Sales Hit 91.2 Billion Yuan in First Hour
Singles' Day has been promoted as a shopping fest by Alibaba Chairman and Chief Executive Daniel Zhang since 2009, growing rapidly to become the world's biggest online sales event.
MSCI India Index Adds 8 New Stocks, Removes 4; SBI Life in, Yes Bank out
The additions to the MSCI India index included Berger Paints, DLF, HDFC AMC, ICICI Prudential Life Insurance Company, Indraprastha Gas, Info Edge, SBI Life, Siemens India.
India's Inflation May Have Breached RBI’s 4% Target Last Month, Reveals Poll
Prices of most vegetables climbed during the month as monsoon downpours delayed harvests and disrupted supplies.
IndiGo Signs One-way Codeshare Agreement with Qatar Airways for Delhi-Doha Flights
The companies said that the agreement will enable Qatar Airways to place its code on IndiGo flights between Doha and Delhi, Mumbai and Hyderabad.
BSNL Rolls Out VRS Scheme; Expects 70,000-80,000 Employees to Avail it
BSNL Chairman and MD P K Purwar told PTI that the scheme will be open from November 4 to December 3, and that instructions have already been given to field units to inform employees about the VRS offering.
Sensex Rallies over 350 Points to Hit Record Intra-day High; Nifty Tests 12,000
Top gainers in the Sensex pack included Infosys, ICICI Bank, IndusInd Bank, Yes Bank, HDFC, Tata Motors and L&T, rising up to 2.54 per cent.
India Set to Launch e-Commerce Platform for Real Estate Sector in January
The e-commerce portal will carry full information pertaining to all the real estate projects that have been completed, projects that have received occupancy certificates, size of the houses, prices and precise location.
IndiGo, Qatar Airways to Announce Strategic Deal on November 7
Qatar has in the past shown interest in investing in IndiGo but the Indian airline has resisted.
Sensex, Nifty Open on Tepid Note; Yes Bank Rallies 5 Percent
After rising over 165 points in opening session, the 30-share index pared all gains to trade 41.28 points, or 0.10 per cent, lower at 40,260.68.
Power Producers' Outstanding Dues on Distribution Companies Rise 37% to Rs 70,000 Crore in Sept
In September this year, total overdue amount, which was not cleared even after 60 days of grace period offered by generators, stood at Rs 52,408 crore as against Rs 34,658 crore in the same month last year.
Sensex Ends Marginally Higher; Yes Bank Drops 5%
Advancing for the sixth consecutive session, the 30-share index settled 35.98 points, or 0.09 per cent, higher at 40,165.03.
Auto Stocks Mixed as October Sales Data Fails to Cheer Investors
Maruti Suzuki saw its domestic sales rise 4.5% year-on-year in October, driven by festive season sales and heavy discounts.
