Business
Under Pressure Post Viral Acharya's Resignation, Rupee Opens at 69.58 Against US Dollar
Domestic bourses opened on a cautious note in early trade on Monday, amid rising crude oil prices, and foreign investors pulling out Rs 730 crores from the market.
Infosys Hired 9,100 Americans between April '17 And March '19 Almost Met Its Recruitment Target
In May 2017, Infosys had announced that it will set up four technology and innovation hubs and hire about 10,000 locals in the US over a two-year period.
SBI Plans Tapping SME Businesses in Singapore to Expand Market Across Asia Pacific
Singapore SMEs accounts for 65% of employment and contributed SGD 196.8 billion or 49 per cent to the economy in 2017, according to the Department of Statistics here.
Lakshmi Vilas Bank Climbs 10% After CCI Clears Merger With Indiabulls Housing
Lakshmi Vilas Bank had announced its deal with Indiabulls Housing Finance in April this year with an intent to create a combined entity with a larger capital base and wider geographical reach.
Sensex Soars 489 Points as Dovish Fed Lifts Global Markets
According to experts, domestic investors took cues from firm global markets that rallied after the US Federal Reserve's policy outcome.
Yes Bank, HDFC and Apollo Hospitals Among Key Stocks in Focus Today
Yes Bank jumped 6.4% to Rs 109.80 on bargain-hunting after the stock fell as much as 4.3% in intraday trade to hit the double-digit figure of Rs 98.75.
Boeing Signs First Deal for 737 Max Jets Since Deadly Crashes, Offers Sweeping Apology at Paris Air Show
The combination of 737-Max 8 and 737-Max 10 planes would cost $ 24 billion dollars at list prices, and would be delivered between 2023 and 2027 to airlines owned by the International Airlines Group (IAG) , the parent company of British Airways.
CREDAI Seeks Bank Funding for Developers to Buy Land for Affordable Housing Projects
Land funding is typically done by NBFCs or private equities, it said, but added that cost to developers are as high as 25 per cent.
Yash Birla Group Chairman Yashovardhan Declared Wilful Defaulter by UCO Bank
Yashovardhan Birla is the director of Birla Surya and also chairman of the Yash Birla Group which has more than a dozen companies -- including Zenith Steel, Birla Power, Birla Lifestyle and Shloka Infotech among others.
Lakshmi Mittal's South African Subsidiary Faces Serious Environmental Contravention Charges
The town affected by ArcelorMittal's environmental violations, Vanderbijlpark, established by the steel enterprise Iscor, is now entirely dependent on Mittal's AMSA after he bailed Iscor out two decades ago.
Facebook’s Cryptocurrency to be Backed by Visa, Mastercard, PayPal, Uber: Report
Each company will invest around $10 million to fund development of the currency, and will become part of the Libra Association, an independent consortium that will govern the digital coin, independently of Facebook, according to the report.
Yes Bank, Gruh Finance, Aurobindo Pharma, Jet Airways Among Stocks in News Today
The S&P BSE Sensex was down 155.08 points, or 0.39%, to 39,586.28 at 2:55pm, while the Nifty 50 index fell 45.55 points, or 0.38%, to 11,868.50.
Markets End Flat; Yes Bank Tanks 13%
The broader NSE Nifty inched up 7.85 points, or 0.07 per cent, to close at 11,914.05. During the day, the index touched a low of 11,817.05 and a high of 11,931.35.
Indiabulls Housing Finance Drops 8.5% After Allegations of Rs 98,000 Crore Scam
Indiabulls Housing Finance refuted the allegation, terming it as 'bizarre' and made by a 'racket of blackmailers'.
Plea in Supreme Court for Action Against Indiabulls Housing for Misappropriating Rs 98,000 Crore Public Money
The petition alleged that money worth thousands of crores were siphoned off by Sameer Gehlaut, the chairman of the firm, and the directors of Indiabulls for their personal use.
DHFL Shares Recover Nearly 10% as Company Starts Clearing Debt Obligations
DHFL chairman Kapil Wadhawan had affirmed that the company is not facing any solvency issues and is well on track with the NCDs payout.