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Early Diwali at Ola, gets $1.1 bn funding, another $1 bn in pipeline

The company did not disclose the valuations at which funds were raised. Transportation app Ola said on Wednesday it has raised $ 1.1 billion in funding led by Tencent Holdings and is in "advanced......

FPIs invest over $25 billion in Indian markets in CY17

Liquidity pushed benchmark indices 22% higher to become the best performing equity market globally Illustration: Uttam Ghosh/Rediff.com Foreign portfolio investors (FPIs) have pumped in over $25.4......

Sensex logs this year's biggest fall; ITC slumps 13%

The market sentiment was also impacted by mixed global cues as setbacks for a healthcare overhaul in the US raised doubts over prospects for a range of reforms backed by President Donald Trump.......

Nifty can rise to 9,400-9,425 in short term

The focus is on corporate results at one level but global news will also have an impact The market roared to new highs. This was due to a favourable initial result in French elections and hopes of......

Markets snap three-day losing streak; banking stocks lead

The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively Snapping three-session long losing spree, the benchmark indices settled higher on Tuesday as recent decliners such......

Sensex recovers by 172 points, Nifty ends at 9,100 on positive global cues

Broader market outperformed with the S&P BSE Midcap index adding 0.7%, while S&P BSE Smallcap index gained 0.6%. The benchmark indices settled higher tracking positive trend seen in Asian and......
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Axis Bank stock takes a tumble after bad loans rise in Q2

Here’s wishing you and your family a Happy and Prosperous Diwali. This blog will keep track of key global and local developments impacting... ...

http://www.moneycontrol.com/news/business/news-live-axis-bank-stock-takestumble-after-bad-loans-riseq2_9886201.html
Fiji to sell world's first climate-change 'green' bonds

By Sonia Feng SYDNEY (Reuters) - Fiji will issue a $50 million "green" bond in coming weeks to help combat the effects of global climate change,... ...

http://www.sify.com/finance/fiji-to-sell-worlds-first-climate-change-green-bonds-news-debt-rksmxihhehggh.html
Oil prices rise on tighter U.S. market, Middle East tensions

By Henning Gloystein SINGAPORE (Reuters) - Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in... ...

http://www.sify.com/finance/oil-prices-rise-on-tighter-us-market-middle-east-tensions-news-commodities-rkrtgCfiegeba.html
PRECIOUS-Gold prices inch up from one-week low

Oct 18 (Reuters) - Gold prices inched up on Wednesday from aone-week low with the dollar holding steady, but speculationthat President Donald Trump... ...

http://www.sify.com/finance/precious-gold-prices-inch-up-from-one-week-low-news-others-rksgXLefjeijb.html
Trump administration again declines to name China currency manipulator

By Jason Lange WASHINGTON (Reuters) - The United States on Tuesday declined to name China as a currency manipulator although it remained critical... ...

http://www.sify.com/finance/trump-administration-again-declines-to-name-china-currency-manipulator-news-others-rksiyCffajbcd.html

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