The country's largest real estate player, DLF, on Friday said it has approached the government for surrendering four of its IT-ITeS notified special economic zones (SEZ).
With a m-cap of Rs 1,28,100 crore, Tata Motors now features at ninth rank in the list and replaces HDFC in this prestigious club.
Sensex is a basket of 30 constituent stocks representing a sample of large, liquid and representative companies. The base year of Sensex is 1978-79 and the base value is 100.
Domestic markets conduct a special one-hour Muhurat trading session on Diwali every year to mark the beginning of the traditional Hindu calendar year, called 'Vikram Samvat'.
AT&T Inc, the largest telecom services provider in the US, has acquired an 8.07 per cent stake in Pune-headquartered Tech Mahindra for $34.5 million (around Rs 160 crore) by exercising a 2005 option agreement to buy a stake in the company. Its stake at Tuesday's prices on the Bombay Stock Exchange (BSE), however, is worth around Rs 900 crore.
The Bombay Stock Exchange benchmark Sensex crossed the 21,000 level in early morning trade for the first time on Tuesday on heavy buying by funds.
Anil Ambani group firm Reliance Natural Resources Ltd said on Wednesday it will raise $300 million through issue of Foreign Currency Convertible Bonds in the international market.
The National Stock Exchange and Bombay Stock Exchange will hold a two hour trading session on Saturday to enable the NSE to test a back-up trading system, exchange officials said on Wednesday.\n\n\n\n
The Bombay Stock Exchange and the National Stock Exchange have extended the trading timings in equity and equity derivative segments by nearly an hour to 9 a.m., effective from Friday.
Hiranandani Group's real estate investment firm, Hirco Plc on Thursday announced it will invest over Rs 1,000 crore (28.4 million pounds) in a commercial township development project near Mumbai.
Mumbai-based Genxt Power India has launched its new model 'Evera', which is claimed to be a noiseless, pollution-free, electric bike with low maintenance cost that does not require petrol or diesel.
New York scores top marks for its economy as well as research and development, while London is judged to be the world's cultural capital. Paris is number one for livability and accessibility. Geneva, Zurich and Vienna are praised for their ecology and natural environment.
Indian companies have now started looking at the Singapore Stock Exchange for fund raising and listing. The SGX became a shareholder in the Bombay Stock Exchange last week.
A section of senior stocks brokers on Thursday demanded that the Sebi probe the reasons behind the steep decline in share prices on May 17 by analysing the trade data at the BSE and NSE and punish the guilty severely.
Finance Minister Nirmala Sitharaman captivated her audience at the Women Directors Conclave.
UTI Mutual Fund recently launched Gold Exchange Traded Funds and many more companies plan to follow suit. Get the lowdown.
The 50-share National Stock Exchange index Nifty shot up by 44.80 at 4,568.55, after moving between 4,578.75 and 4,504.85 points during the day. The upsurge was maintained by Maruti Suzuki, which raced to an all-time high a day after the leading carmaker reported a 25 per cent jump in quarterly profit on higher sales and lower raw material costs.
Fortis Healthcare plans to raise about Rs 504 crore (Rs 5.04 billion) from the capital market in addition to the Rs 154 crore (Rs 1.54 billion) raised through private placements before the IPO, a top company official said in Mumbai on Wednesday.
The 50-share National Stock Exchange index Nifty also shuttled between 4,524.00 and 4,436.60, before winding up at 4,469.10, showing a net loss of 33.15 points. The information technology sector, which led the upsurge in Tuesday's trading, suffered the most, losing 1.74 per cent to 3,694.03, as segment major Infosys and Tata Consultancy dropped on profit booking.
In 2005, Vijay Mallya-led United Breweries acquired Shaw Wallace & Company, following which it was merged with the group's flagship company USL last year.
IL&FS Financial Services has acquired 14.5 per cent stake in Maytas Infra, promoted by former Satyam chairman B Ramalinga Raju's kin, through invocation of pledge and off-market transactions.
National Stock Exchange decided to waive off transaction charges on trades done on its new mini-Nifty, till March 31.
Mini Sensex outdid mini Nifty in turnover on the first day of the New Year. It showed more turnover in terms of value than mini Nifty.
The agency was probing the rotation of funds and the role of front companies used in rotation of funds, sources said. They added that the conduct of the regulators was also being probed and, if need be, some officials may also be probed. Experts, including CAs from the Institute of Chartered Accountants of India and the Institute of Cost and Works Accountants of India are assisting the CBI in probing the role of regulators in this case.
After making its entry into the Bombay Stock Exchange's benchmark 30-share index Sensex in May
Analysts caution against volatility and recommend buying stocks of companies that are on strong fundamental footing that have been beaten down badly in the recent carnage.
Shares of Maytas Infra hit its lower circuit just after opening, to halt trading at Rs 105, down 4.99 per cent on the Bombay Stock Exchange. A similar fate was faced on the National Stock Exchange, where the scrip touched an intra-day low of Rs 105.40, down five per cent. A total of 971 shares got traded on both the bourses.
Finance Minister Jaswant Singh will launch screen-based retail trading in government securities (G-sec) on the stock exchanges
On the NSE, Oil India opened with a premium of 4.38 per cent at Rs 1,096. The stock then climbed to Rs 1,127 a piece before skidding to Rs 1,090.
The NSE Nifty sank by 159 points at 3491 points.
Shares of Sun TV on Monday gained 68 per cent after being listed on the bourses on aggressive buying by funds as well as general investors.