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Next Sovereign Gold Bonds Scheme opens on April 24

Next Sovereign Gold Bonds Scheme opens on April 24

22/04/2017 2:53 PM | Saturday | By Sagar Swami

The government in the Centre is all set to launch the next tranche of sovereign gold bonds on coming Monday, April 24, the first in this fiscal, with offering 2.5% tax-free annual interest to its investors.

Big steps in defence production: India signs MoU with RoK

Big steps in defence production: India signs MoU with RoK

22/04/2017 2:21 PM | Saturday | By Sagar Swami

In a major development in these days of geo-political tension and global uncertainties, India and the Republic of Korea (RoK) on Friday signed an Inter-governmental Memorandum of Understanding (MoU) for defence cooperation in the shipbuilding industry.

IREDA to take overseas borrowing route

IREDA to take overseas borrowing route

22/04/2017 1:57 PM | Saturday | By sawmyak deb

In a filing before the stock exchanges, Indian Renewable Energy Development Agency (IREDA) said on Saturday that it will soon opt for raising up to US$ 300 million taking the overseas lending route.

India's growth to rebound in FY19: IMF

India's growth to rebound in FY19: IMF

22/04/2017 1:34 PM | Saturday | By Nikita Singh

According to IMF, India's growth is likely to rebound to 7.2 per cent in FY18 and furthermore to 7.7 per cent in FY19.

Maruti to launch a new version of Dzire next month

Maruti to launch a new version of Dzire next month

22/04/2017 1:21 PM | Saturday | By Nikita Singh

In a bid to further strengthen its presence in the entry sedan segment, Maruti Suzuki India announced that the automobile major will launch a new version of its best selling sedan model, Dzire, in the coming month. 

You decide whether service charge at the eateries should be paid, or not

You decide whether service charge at the eateries should be paid, or not

22/04/2017 12:59 PM | Saturday | By Nilesh Deshmukhe

Issues over paying service charges in the eateries are not ending very soon as it seems at this time the government itself is caught in several hesitations to come up with a stricter deadline while it has already approved a guideline on levying service charge by the eateries across the country. 

The week behind: Nifty mid-cap losers

The week behind: Nifty mid-cap losers

22/04/2017 12:45 PM | Saturday | By Aditya Jagtap

On the last trading day of the week, April 21, Nifty was seen forming a bearish candle even as it had posted a day's low at 9088. During the day it had upped to 9183 opening at 9179.

HDFC Bank to raise fund worth Rs 50,000 crore

HDFC Bank to raise fund worth Rs 50,000 crore

22/04/2017 12:03 PM | Saturday | By Nikita Singh

HDFC Bank in a statement to the stock exchanges said that the bank will raise Rs 50,000 crore through a variety of debt instruments within next one year through private placement. 

SEBI to help banks handle bad loans

SEBI to help banks handle bad loans

22/04/2017 11:47 AM | Saturday | By Nikita Singh

In a bid to put a cap on increasing bad loans, the Securities and Exchange Board of India will provide a helping hand to the banks and financial institutions soon. 

Ashok Leyland to incur Rs 600 crore capex

Ashok Leyland to incur Rs 600 crore capex

22/04/2017 10:44 AM | Saturday | By Amey V Thakur

Ashok Leyland, the major commercial vehicle maker, is incurring capex of around Rs 600 crore this year to enhance the cabin and engine capacity by setting up assembly units in Kenya and ivory coast, as per media reports.

Dial P for petrol, D for diesel delivered at your home as Ministry considers a home-delivery proposal

Dial P for petrol, D for diesel delivered at your home as Ministry considers a home-delivery proposal

21/04/2017 7:01 PM | Friday | By Joydeep Ray

In a move which can revolutionize retail sales of petroleum products, mainly petrol and diesel to drive your cars and two-wheelers, the Ministry of Petroleum and Natural Gas has started actively considering a proposal to deliver gasoline at your door-step soon.

NCDEX to introduce rapeseed mustard oil cake futures from Apr 24

NCDEX to introduce rapeseed mustard oil cake futures from Apr 24

21/04/2017 6:13 PM | Friday | By Nikita Singh

Expiring in the months of May, June, July and August, 2017, Rapeseed mustard seed oilcake will be available for trading from April 24, 2017.

ACC Q1CY17 results beat estimates

ACC Q1CY17 results beat estimates

21/04/2017 5:53 PM | Friday | By Nidhi Jani

The company reported PAT of Rs 211 crore, which represents a sequential QoQ increase of 132.14 per cent and a YoY decline of 9 per cent.

FM Arun Jaitley raises H1B visa issue with US Commerce Secretary

FM Arun Jaitley raises H1B visa issue with US Commerce Secretary

21/04/2017 5:40 PM | Friday | By Sagar Swami

Finance Minister Arun Jaitley has strongly raised the issue of H1B visa with the US Commerce Secretary Wilbur Ross, reported a leading news agency on Friday.

As Mamata fortifies anti-BJP front, Bengal drops out from investors' list

As Mamata fortifies anti-BJP front, Bengal drops out from investors' list

21/04/2017 5:30 PM | Friday | By Subhajit Bhattacharya

As Mamata musters the comrades to bolster the anti-BJP front eyeing the upcoming assembly elections of 2019, the state of Bengal is still struggling to build up its investment-friendly face. Since the beginning of the second stint, the Mamata-led government in Bengal has grappled with a slew of scams that completely tarnished the image of the state. 

 HDFC Bank touches 52-week high on robust Q4 earnings

HDFC Bank touches 52-week high on robust Q4 earnings

21/04/2017 5:29 PM | Friday | By Rohan Takalkar

HDFC Bank has declared a dividend of Rs 11 per share on the face value of Rs 2 per share.

RIL, DLF, HDFC Bank three most active stocks of day

RIL, DLF, HDFC Bank three most active stocks of day

21/04/2017 5:14 PM | Friday | By Shashank Shende

Reliance Industries Limited witnessed upward movement in the morning hours with huge volumes. The stock was the most active stock of the day and also responsible for the morning gains of the major indices in the market.

Government plans to boost EPF interest, rolls out UAN based website

Government plans to boost EPF interest, rolls out UAN based website

21/04/2017 5:13 PM | Friday | By Aditya Jagtap

Employees to keep a better handle to plan their retirement year have to keep a tab on EPF balance on a regular basis. Various initiatives have been rolled out by the EPFO through which employees can check their PF balances quickly.

Overnight Digest- Stocks to look out for on April 24

Overnight Digest- Stocks to look out for on April 24

21/04/2017 4:52 PM | Friday | By Lohit B

The stocks which are expected to witness significant movement on April 24 are Eicher Motors, Reliance Industries, ITC, Rupa & Company and ACC.

Markets erase gains in the second half

Markets erase gains in the second half

21/04/2017 4:50 PM | Friday | By Lohit B

Indian capital markets witnessed a roller-coaster ride on the last day of the week. Markets started the morning session in positive mood, but soon thereafter in the second half, markets erased all the day’s gains.

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