Reuters

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Sensex, Nifty rise for fifth session as Reliance gains; TCS buyback plan awaited

Markets

07 October, 2020

Sensex, Nifty rise for fifth session as Reliance gains; TCS buyback plan awaited

Indian shares ended higher on Wednesday, as Reliance Industries surged after securing a $750 million investment and Titan Company...

Markets

07 October, 2020

Foreign investors sell Indian, other Asian shares as virus woes weigh

Foreigners turned net sellers of Asian equities after three consecutive months of buying as concerns over a resurgence of the...

Consumer

07 October, 2020

Saudi PIF seeks stake in Indian-origin businessman's UAE supermarket chain Lulu

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), is in early discussions to buy a stake in supermarket...

Finance

07 October, 2020

Banks fear govt interest waiver will add to costs, spark litigation

Indian bankers fear the government's decision to waive some interest payments on loans under a COVID-19 support plan will...

Manufacturing

07 October, 2020

Samsung, Foxconn, 14 other firms get govt incentives for smartphone plan

India on Tuesday said it was approving incentives under a federal plan to boost domestic smartphone production to 16 companies,...

Finance

07 October, 2020

Govt appoints Dinesh Khara as chairman of State Bank of India

The Indian government on Tuesday appointed Dinesh Khara as chairman of the State Bank of India (SBI), the country's top ......

Economy

06 October, 2020

RBI widely seen holding rates at policy meeting this week

The Reserve Bank of India is widely expected to keep rates steady when its two-day monetary policy committee (MPC) meeting ......

Markets

06 October, 2020

Nifty, Sensex close at over one-month high on Tata Motors, HDFC boost

Indian shares closed at more than a month's high on Tuesday, helped by gains in Tata Motors and HDFC Ltd, ......

Economy

06 October, 2020

India's services sector slump eased in Sept, but job losses balloon

The plunge in India's services sector activity eased considerably in September after the government lifted some coronavirus...

Economy

06 October, 2020

Govt appoints three members on RBI's monetary policy panel

The Indian government named Shashanka Bhide, Ashima Goyal and Jayanth Varma as its nominees on the central bank’s monetary...