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Sensex posts 1% weekly gain amid uptick in financial stocks

Markets

28 December, 2018

Sensex posts 1% weekly gain amid uptick in financial stocks

Indian shares ended higher in light trade on Friday, gaining for a third straight session, helped by an uptick in ......

India's April-November fiscal deficit touches 115% of budget target

Economy

27 December, 2018

India's April-November fiscal deficit touches 115% of budget target

India’s April-November fiscal deficit stood at Rs 7.17 trillion ($101.93 billion), or 114.8% of the budgeted target for the current ......

Apple to start assembling top-end iPhones in India

TMT

27 December, 2018

Apple to start assembling top-end iPhones in India

Importantly, Foxconn will be assembling the most expensive models, such as devices in the flagship iPhone X family, the source ......

IT stocks lift Sensex higher as derivatives contracts expire

Markets

27 December, 2018

IT stocks lift Sensex higher as derivatives contracts expire

Indian shares ended higher on Thursday, led by IT stocks such as Infosys Ltd and as positive US holiday sales ......

Sensex recovers from Christmas hangover to close in the green

Markets

26 December, 2018

Sensex recovers from Christmas hangover to close in the green

Indian shares bounced back from a more than two-week low on Wednesday to close over half a percent higher, helped ......

GST to move towards a single rate, says finance minister Arun Jaitley

Economy

24 December, 2018

GST to move towards a single rate, says finance minister Arun Jaitley

India is working towards a single national sales tax rate which could be a mid-point between 12 and 18 percent, ......

Sensex closes lower for third straight session on global cues

Markets

24 December, 2018

Sensex closes lower for third straight session on global cues

Indian shares ended lower for a third straight session on Monday as political uncertainties in the United States and slow ......

Sensex posts weekly loss after stocks tank in final session

Markets

21 December, 2018

Sensex posts weekly loss after stocks tank in final session

Indian shares ended around 2 percent lower on Friday, dragged by financials and IT heavyweights such as Infosys Ltd and ......

Asia records second-best year for M&As as India booms with $126 bn in deals

Finance

21 December, 2018

Asia records second-best year for M&As as India booms with $126 bn in deals

Asia Pacific M&A volumes clocked their second-highest level on record this year and dealmakers are optimistic the momentum will persist ......

Infosys appoints Airtel exec as CFO

People

20 December, 2018

Infosys appoints Airtel exec as CFO

Indian software services exporter Infosys Ltd named Nilanjan Roy as its chief financial officer, the company said on Thursday. Nilanjan Roy, ......