Global cues, weak rupee subdue equity indices; Sensex ends 179 points lower

Subdued global markets and a weak Indian rupee pulled the domestic equity indices lower on Thursday, with the BSE Sensex closing 179 points lower. Globally, investor sentiments were weighed down... Read more »

Choksi exported low-quality goods at inflated prices: ED

Gitanjali Group chief Mehul Choksi exported abysmally low quality goods at inflated prices to dummy companies abroad and the group’s books were manipulated by using third-party remittance system, the... Read more »

Adani Group acquires 97% stake in Kattupalli Port

 Adani Ports on Thursday acquired 97 per cent stake in Marine Infrastructure Developer Pvt Ltd (MIDPL), the developer and operator of Kattupalli Port near Chennai. Adani Ports, India’s largest... Read more »

Global cues, weak rupee subdue equities

Negative global cues, including rising crude oil prices and the escalating trade war concerns along with a weak Indian rupee, pulled the domestic equity indices deep into the red... Read more »

Cabinet approves Rs 2,000 cr infusion in Export Credit Guarantee Corp

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved capital infusion of Rs 2,000 crore in public sector company Export Credit Guarantee Corporation (ECGC), an official statement said.... Read more »

Rupee touches 19-month low

Weakening for the third consecutive day, the Indian rupee touched a 19-month low of 68.70 per dollar on Wednesday due to rising crude oil prices and the ongoing trade... Read more »

Vijay Mallya offers to sell assets to repay bank loans

Fugitive tycoon Vijaya Mallya has sought the Karnataka High Court’s permission to let him and his holding firm UBHL sell their assets under judicial supervision and repay creditors, including... Read more »

Equity indices end flat on mixed global cues; FMCG stocks rise

The key Indian equity indices ended volatile trade on Tuesday on a flat note, tracking mixed global markets. Although the indices had opened in the red, they pared their... Read more »

PM explains policy reforms to India Inc

Prime Minster Narendra Modi on Tuesday interacted with Indian business leaders in Mumbai representing a wide spectrum of the economy and discussed various policy reforms and initiatives of the... Read more »

Global cues subdue equity indices, Sensex ends 200 points lower

Weak global cues pulled the key Indian equity indices lower on Monday, with the benchmark BSE Sensex falling over 200 points. Heavy selling pressure was witnessed in the auto,... Read more »