Category: Business

HDFC to consider raising Rs 45,000 cr via issuance of NCDs

Mumbai: The HDFC's Board will consider raising Rs 45,000 crore through issuance of secured redeemable non-convertible debentures (NCDs). Accordingly, the…

Key Indian equity market indices open in green

Mumbai: The key Indian equity market indices on Thursday opened higher despite a muted trend in Asian markets. The Sensitive…

Chinese shares open lower, yuan weakens

Beijing: Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.14 per cent to open at…

Chinese yuan edges lower against US dollar

Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, weakened 149.00 basis points to 6.8631 against…

US dollar gains amid global growth fears

New York: The US dollar rose as weak economic data from some major economies caused concerns over global growth, sparking…

Global cues, fund outflows, auto stocks pull equity indices down

Mumbai: The Indian equity market ended in the red on Wednesday, in line with global indices, over fears of a…

Madras High Court lifts ban on online sale of medicines

CHENNAI: The Madras High Court on Wednesday allowed online pharmacies to sell drugs and cosmetics, staying an earlier order. A…

Cabinet nod for merging Dena Bank, Vijaya Bank with Bank of Baroda

NEW DELHI: The Union cabinet on Wednesday approved the merger of public sector lenders Dena Bank, Vijaya Bank with Bank…

MERC nod to extend BEST, Tata Power agreement for 5 years

MUMBAI: The Maharashtra Electricity Regulatory Commission (MERC) has given the green light to BrihanMumbai Electric Supply & Transport Undertaking (BEST)…

Hyundai’s December sales up 4.8%; 2018 off-take higher by 4.7%

New Delhi: Automobile major Hyundai Motor India on Tuesday reported a 4.8 per cent rise in its overall sales, including…

Equity indices open in red, Sensex down over 100 points

Mumbai: The key Indian equity indices opened in the negative territory on Wednesday with the S&P BSE Sensex losing over…

Chinese yuan edges up to 6.8482 against US dollar

Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 150 basis points to 6.8482 against…

Coal India production up 7.4%, off-take up 5.5% in 9 months

Kolkata: Coal India Ltd on Tuesday said its production grew by 7.4 per cent to 412.45 million tonnes (mt) during…

RBI allows restructure of defaulting MSME loans up to Rs 25 cr

Mumbai: In a measure of relief for the troubled micro and small industries segment, the RBI on Tuesday permitted a…

GST collections slip to Rs 94,726 crore in December

New Delhi: Revenue collection under the Goods and Services Tax (GST) fell for the second straight month to Rs 94,726…

Petrol prices dip below 2018 levels

New Delhi: Petrol prices fell nearly 20 paise to Rs 68.65 a litre in Delhi on Tuesday to touch the…

GST collections fall to Rs. 94,726 crore in December

New Delhi: Revenue collection under the Goods and Services Tax (GST) fell for the second straight month to Rs. 94,726…

Sensex ends in green after last hour pull-back

Mumbai: Sensex closed over 180 points higher from the previous close after a sharp recovery in the final hour of…

Sensex surrenders 36,000 mark, down 120 pts

Mumbai: The Sensex slid below the 36,000 mark during the afternoon trade session on Tuesday, as it erased over 120…

Sensex, Nifty open flat; financials in red

Mumbai: Key Indian equity indices opened flat on Tuesday as index pivotals -- finance and banking stocks -- witnessed selling…