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Reliance Capital shares drop after PwC resigns as auditor

Finance

12 June, 2019

Reliance Capital shares drop after PwC resigns as auditor

Shares in Reliance Capital Ltd closed 6% lower on Wednesday after the non-banking finance company (NBFC) said its auditor had...

Sensex finishes in the red on global cues

Markets

12 June, 2019

Sensex finishes in the red on global cues

Indian shares snapped three sessions of gains to settle lower on Wednesday, in line with global markets as Washington took ......

Sensex closes higher again; Indiabulls Housing slides 8% on embezzlement suit

Markets

11 June, 2019

Sensex closes higher again; Indiabulls Housing slides 8% on embezzlement suit

Indian shares closed higher on Tuesday as risk appetite remained firm after the United States shelved plans to impose tariffs...

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Standard Chartered PE-backed firm gets regulatory nod to launch IPO

Manufacturing

10 June, 2019

Standard Chartered PE-backed firm gets regulatory nod to launch IPO

A Mumbai-based manufacturing firm backed by Standard Chartered Private Equity has received clearance from the Securities and Exchange...

Sensex ends in the green as IT stocks lead gains

Markets

10 June, 2019

Sensex ends in the green as IT stocks lead gains

Indian shares ended higher on Monday boosted by IT stocks, after paring some of the early gains on optimism from ......

Sensex, Nifty snap run of weekly gains

Markets

07 June, 2019

Sensex, Nifty snap run of weekly gains

Indian shares closed higher on Friday, a day after the central bank lowered interest rates by 25 basis points and ......

Sensex slides 1.5% as RBI announces rate cut

Markets

06 June, 2019

Sensex slides 1.5% as RBI announces rate cut

Indian shares ended lower on Thursday, after the central bank cut its benchmark interest rate by 25 basis points, while ......

Rupee outlook worsens on trade war, growth risks

Finance

06 June, 2019

Rupee outlook worsens on trade war, growth risks

The rupee will fall further against the U.S. dollar over the next 12 months than previously thought, hit by slowing ......

Kolkata-based reinforcement bar maker Shyam Steel files for IPO

Manufacturing

04 June, 2019

Kolkata-based reinforcement bar maker Shyam Steel files for IPO

Shyam Steel Industries Ltd, maker of thermo-mechanically treated (TMT) reinforcement bars, has filed a draft prospectus with the...

Airtel Africa seeks to raise at least $750 mn via London listing

TMT

04 June, 2019

Airtel Africa seeks to raise at least $750 mn via London listing

India’s third-largest telecom company Bharti Airtel Ltd said on Tuesday it will raise $750 million (about Rs 5,200 crore)...

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