• Fri, Jun 22, 2018
  • Sensex starts on negative note, falls 51 points

    Updated: Jun, 22, 201809:45 AM

    The benchmark BSE Sensex got off to a lower start today, tracking a sell-off in global markets amid escalating trade war worries.
    Sensex starts on negative note, falls 51 points
    The 30-share index, which had lost 114.94 points in the previous session, fell by another 50.91 points, or 0.14 per cent, to 35,381.48 in early trade.Capital goods, realty, infrastructure, power, healthcare and metal stocks showed weakness, falling by up to 0.35 per cent.The NSE Nifty also was quoting lower by 5.20 points, or 0.05 per cent, at 10,735.90.Major losers included Coal India, Reliance Industries, Asian Paints, SBI, Adani Ports, Sun Pharma, IndusInd Bank, Yes Bank, PowerGrid, Bajaj Auto, Maruti Suzuki and HDFC Bank, declining up to 1.40 per cent.According to traders, sustained selling by participants in line with a weak trend at other Asian markets following overnight losses at the Wall Street amid investor concerns about the trade dispute between the US and China dampened trading sentiments here.Meanwhile, India will raise...
  • Rupee gains 19 paise, global dollar weakness helps Rupee gains 19 paise, global dollar weakness helps
    Updated: Jun, 22, 201809:30 AM

    The rupee firmed up by 19 paise to 67.79 against the dollar today after increased selling of the US currency by exporters and banks.

  • Centre to start 10 export missions Centre to start 10 export missions
    Updated: Jun, 21, 201811:55 PM

    Union Minister for Commerce and Industry and Civil Aviation Suresh Prabhu on Thursday said the Central government, in order to boost exports, plans to start 10 Missions of Exports.

  • Swiggy raises 210 mn USD from Naspers, DST Swiggy raises 210 mn USD from Naspers, DST
    Updated: Jun, 21, 201811:54 PM

    Indian online food ordering and delivery platform Swiggy on Thursday said it raised $210 million in a Series G funding from South Africa’s Cape Town-based internet company Naspers and Hong Kong-based...

  • Cleartrip acquires Saudi-based OTA Flyin Cleartrip acquires Saudi-based OTA Flyin
    Updated: Jun, 21, 201811:45 PM

    Travel portal Cleartrip has acquired Saudi Arabia-based Flyin. The company did not disclose the size of the deal. This agreement is expected to offer Cleartrip a greater outreach and a bigger client...

  • As Fukushima residents return, some see hope in nuclear tourism As Fukushima residents return, some see hope in nuclear tourism
    Updated: Jun, 21, 201811:41 PM

    On a cold day in February, Takuto Okamoto guided his first tour group to a sight few outsiders had witnessed in person: the construction cranes looming over Japan’s Fukushima Daiichi nuclear plant.

  • Capgemini chief says going slow on local hiring Capgemini chief says going slow on local hiring
    Updated: Jun, 21, 201811:11 PM

    French tech major Capgemini hinted at slowing down on local hiring in the country as it has hit a peak in terms of transferring jobs from the developed markets.

  • Indian economy has had a roller-coaster ride: DSP Indian economy has had a roller-coaster ride: DSP
    Updated: Jun, 21, 201811:02 PM

    BlackRock respected the DSP Group’s 152-year-old legacy and a desire to retain a controlling stake. DSP BlackRock manages/advices assets over Rs 1,10,000 crore ($ 16.5 billion) across equity, fixed...

  • Sebi amends regulations governing IPOs, share buybacks Sebi amends regulations governing IPOs, share buybacks
    Updated: Jun, 21, 201807:30 PM

    Regulator Sebi decided to amend the norms governing initial public offers, takeovers and buybacks as well as harmonise shareholding patterns in market infrastructure institutions and cap the tenure of...

  • Nokia signs 5-year global IT infrastructure deal with HCL Technologies Nokia signs 5-year global IT infrastructure deal with HCL Technologies
    Updated: Jun, 21, 201805:24 PM

    Nokia announced that it has selected HCL Technologies as part of an important effort of streamlining Nokia's outsourced IT management services.