Equity indices in green as government seen winning trust vote

The key Indian equity indices traded on a positive note on Friday afternoon riding on the Central government’s confidence of winning the trust vote in Parliament, analysts said. According... Read more »

For the first time Cloud-driven Microsoft crosses $100bn revenue

Riding on its growing Intelligent Cloud portfolio and early investments in Intelligent Edge, Microsoft has surpassed $100 billion in revenue for the first time in fiscal year 2018. For... Read more »

Indices trade flat; weak rupee, political concerns cap gains

Indian equity indices traded on a flat note during the afternoon session after opening higher on Thursday. According to market observers, a weak rupee along with domestic political uncertainty... Read more »

Sensex retreats from fresh record high to trade in red

After touching a fresh all-time high of 36,747.87 points, the benchmark BSE Sensex retreated and traded on a negative note during the afternoon session on Wednesday. Minutes into trade,... Read more »

Oil prices lift equity indices; Nifty regains 11k-mark

Slide in global crude oil prices along with expectations of fund infusion into public sector banks and value buying lifted the key domestic equity indices higher on Tuesday. However, broadly... Read more »

Government to soon recapitalise some PSBs with Rs 10,000 cr

 The government is likely to recapitalise some state-run banks in urgent need by up to Rs 10,000 crore within a few days to help them meet regulatory capital requirements,... Read more »

IDBI Bank to seek government nod for LIC’s stake purchase

State-run IDBI Bank on Tuesday said it will seek rgw central government’s nod on the Life Insurance Corp’s (LIC) proposal to acquire 51 per cent stake in the debt-ridden... Read more »

UBI looks at Rs 3,000 cr recovery, expects to turn profit this fiscal

State-run United Bank of India (UBI), which received about Rs 676 crore from two stressed accounts through resolution in the NCLT, is expecting to recover Rs 3,000 crore in... Read more »

Expectation of healthy rural demand lifts equity indices

Expectation of a healthy rural demand on the back of the government’s enhanced farm sector support buoyed the key Indian equity indices on Wednesday. Additionally, positive economic data on... Read more »

SEBI allows Hapur Commodity Exchange to exit commodity business

Securities Exchange Board of India (SEBI) has allowed Hapur Commodity Exchange to discontinue operations as a bourse, making it the seventh derivatives exchange to exit after the merger of Forward... Read more »