• Fri, Jan 24, 2020
  • Sensex drops over 70 pts in early trade: Nifty below 12,200

    Published On: Jan, 24, 202011:00 AM

    Top losers in the Sensex pack included PowerGrid, Kotak Bank, Infosys, TCS, Tata Steel and Bharti Airtel.
    Sensex drops over 70 pts in early trade: Nifty below 12,200
    Market benchmark Sensex dropped over 70 points on Friday as investors chose to stay cautious ahead of the Union Budget amid weak global cues.The 30-share BSE index was trading 71.95 points or 0.17 per cent lower at 41,314.45. Similarly, the broader NSE was trading 17.85 points, or 0.15 per cent, down at 12,162.50.Top losers in the Sensex pack included PowerGrid, Kotak Bank, Infosys, TCS, Tata Steel and Bharti Airtel.On the other hand, Asian Paints, Titan, Bajaj Auto, RIL, Sun Pharma, L& T and ICICI Bank were trading on a positive note.According to analysts, a cautious trend remain in the near-term since a lot has been factored in the market about budget wish list and revival in earnings growth, while the start to Q3 result is below par.Bourses in Hong Kong and Japan were trading on a tepid note, while markets in China, Taiwan and South...
  • Rupee falls 5 paise against US dollar in opening trade Rupee falls 5 paise against US dollar in opening trade
    Published On: Jan, 24, 202011:00 AM

    The domestic currency had settled at 71.26 against the American currency on Thursday.

  • GE T and D India bags Rs 173cr order from JKPDD GE T and D India bags Rs 173cr order from JKPDD
    Published On: Jan, 24, 202001:32 AM

    GE T&D India Ltd has bagged a Rs 173-crore order from Jammu & Kashmir Power Development Department (JKPDD).

  • Securities worth Rs 10k cr bought by RBI via OMO Securities worth Rs 10k cr bought by RBI via OMO
    Published On: Jan, 24, 202012:54 AM

    In the fourth special open market operation (OMO) auctions, the RBI on Thursday bought Rs 10,000 crore worth of long-term securities and sold Rs 2,950 crore worth of short-term government bonds. Last...

  • Shared mobility start-up Bounce bags USD 105 mn funding Shared mobility start-up Bounce bags USD 105 mn funding
    Published On: Jan, 24, 202012:54 AM

    Shared mobility start-up Bounce on Thursday received $105 million (Rs 749 crore) series D venture capital funds infusion led by Accel and the B Capital Group.

  • Investing Rs 5,000 cr in Tamil Nadu in phases: DLF CEO Investing Rs 5,000 cr in Tamil Nadu in phases: DLF CEO
    Published On: Jan, 24, 202012:51 AM

    “Tamil Nadu has always been a destination of choice for corporates and MNCs due to its talent pool and favourable business environment. We are investing Rs 5,000 crores in phases for developing our...

  • Egon Zehnder to identify Puri’s successor: Sources Egon Zehnder to identify Puri’s successor: Sources
    Published On: Jan, 24, 202012:51 AM

    HDFC Bank will retain global executive search firm Egon Zehnder to find a successor to MD Aditya Puri, sources familiar with the matter said, as its board seeks to end an impasse and zero in on a...

  • Airtel's chief regulatory officer resigns Airtel's chief regulatory officer resigns
    Published On: Jan, 23, 202008:56 PM

    Telecom major Airtel's Chief Regulatory Officer Ravi Gandhi has quit his post in the company, it was learnt on Thursday.

  • CBI books Delhi's Radhika Food in Rs 819 crore fraud CBI books Delhi's Radhika Food in Rs 819 crore fraud
    Published On: Jan, 23, 202008:09 PM

    The CBI has registered a case against Delhi-based Radhika Food Ltd and its directors Siddharth Chaudhary and Anju Chaudhary on charges of cheating a consortium of banks led by State Bank of India...

  • DoT orders no coercive action on defaulting Airtel, Voda-Idea: Pradhan says non-telcos not liable DoT orders no coercive action on defaulting Airtel, Voda-Idea: Pradhan says non-telcos not liable
    Published On: Jan, 23, 202008:09 PM

    On a day when the Supreme Court-mandated deadline for Bharti Airtel and Vodafone Idea to pay Rs 88,624 crore in past dues ended, the Department of Telecommunications (DoT) on Thursday decided not to...