corporates-markets News

From Front Page 16 hours ago

OIL to borrow $900 million to refinance Mozambique stake loan

State-owned Oil India (OIL) plans to raise $900 million in foreign debt to refinance a loan taken to fund its share of a stake in a super-giant Mozambique gas field acquired jointly with ONGC.
From Markets 16 hours ago

Unstable govt after election may lead to exit of hot money

With FIIs on a buying spree on hopes of a stable government after the elections..
From Front Page 16 hours ago

Rupee ends weaker as election kick off

The rupee ended weaker on Monday in cautious trading as a five-week election process kicked off and on importers demand for the greenback.
From Front Page 16 hours ago

Three directors quit board

The three directors who have resigned are Ravi Nedungadi, Subhash Gupte, and MS Kapur.
From Front Page 16 hours ago

Lenders put KFA brand up for sale

Looking to recover R7,000 cr, consortium invites expression of interest, seeks market value estimates
From Markets 17 hours ago

'Sell' BHEL on weak sectoral outlook, says Kotak Institutional Equities

BHEL reported in-line sales of Rs 15,500 crore.

From Markets 17 hours ago

'Buy' rating on Sun Pharma after merger, says BofA ML

Sun Pharma is to buy Ranbaxy for $4 bn in an all-share swap, valuing Ranbaxy at 2.2 times in last 12-month sales.

From Markets 17 hours ago

Short-term, liquid funds top debt performers in FY14

Ultra short-term funds and liquid funds gave avg category returns of 9.2% and 9.02%, respectively.
From Back Page 17 hours ago

Sensex falls for 3rd day, drops 16 points on weak global clues

The Sensex on Monday closed over 16 points lower with investors turning cautious after the first phase of voting in Lok Sabha election got under way...
From Back Page 17 hours ago

Subrata Roy takes back request to modify bail terms

Sahara chief Subrata Roy, who is in Delhi's Tihar Jail since March 4, has withdrawn the proposal he had submitted on April 3 for modifying his bail conditions.

From Markets 17 hours ago

Spike in share volumes a week before Ranbaxy Laboratories, Sun Pharma deal raises eyebrows

Ranbaxy Laboratories shares saw unusual spike in volumes before deal with Sun Pharma...
From Commodities About 18 hours ago

High cost of capital makes future tense for small businesses

We have been hearing quite often that investment in India has slowed down primarily due to the high rate of real interest.
From Commodities About 18 hours ago

Maize prices decline on lower demand

Maize prices continued to decline on the futures as well as spot centres last week by an average 1.2% to Rs 13,174 tonne...
From Commodities About 18 hours ago

You can now buy 5-kg LPG cylinders from kirana stores

After making it available at petrol pumps, the convenient 5-kg cooking gas (LPG) cylinder will now be available at kirana stores and supermarkets in select cities.
From Commodities About 18 hours ago

Onion crop in Maharashtra feels the heat as temperatures surge

The trouble seems to be far from over for onion farmers in Maharashtra.
From Commodities About 18 hours ago

Chemical body wants gas price notification withdrawn

The Chemical Industries Association has sought the withdrawal of a recent notification on natural gas price as per the Rangarajan panel.