Modi government’s unique disinvestment: Enemy share sale to fetch Rs 3,000 crore; here’s what it means

In a bid to boost disinvestment receipts, the Cabinet on Thursday gave its approval to sell Enemy Property worth Rs 3,000 crore. We take a closer look.

Sweet news for sugar stocks! India to resume exports of 2 mn tonnes to China in 2019, shares surge up to 7%

Shares of domestic sugar manufacturing companies like Dhampur Sugar Mills Ltd, Balrampur Chini Mills Ltd, Shakthi Sugars, Ugar Sugar Works Ltd, Dwarikesh Sugar Industries, Mawana Sugars and E.I.D-Pa

Bharti Airtel share price cracks 6% after Moody’s puts company under review for downgrade

Bharti Airtel share price: Shares of Sunil Mittal-led Bharti Airtel cracked nearly 6% in early morning trade on Friday after Moody's Investors Service placed the telecom company's rating on review for

US Fed keeps rates unchanged; UBS sees rate tightening, trade war among key investor concerns in India

Even as the US Federal Reserve keeps rate unchanged in line and hinted that a rate hike could come in next month, UBS notes that expectations of Fed rate tightening is one of the key macro concerns fo

Indian-origin brothers charged in US with deceiving investors in supposedly unbiased reports

Two Indian-origin brothers have been charged by the US federal regulator for deceiving investors by purporting to provide unbiased research reports on certain publicly-traded small and microcap compan

Dredging Corp share price zooms 10% after Modi government approves sale; key things to know

Shares of state-run Dredging Corporation of India surged 10% in the morning trade on Friday, after the Narendra Modi-led government approved the sale of its entire stake to a consortium of four ports.

Share market HIGHLIGHTS: Sensex closes 79 points lower, Nifty at 10,585; Yes Bank gains 5%, Airtel top loser

Share market HIGHLIGHTS: The BSE Sensex closed Friday's trade lower by nearly 80 points, while the NSE Nifty 50 ended at 10,585.20 points. Yes Bank gained 5%, while Bharti Airtel was the top loser on

Bitcoin Battle: Winklevosses’ foe wins end to asset freeze

The Winklevoss brothers lost a round in a court against the disgraced former head of a New York cryptocurrency exchange.

US Federal Reserve holds interest rates steady, says economy remains on track

The US Federal Reserve held interest rates steady on Thursday and said ongoing strong job gains and household spending had kept the economy on track.

Modi government’s disinvestment drive: Dredging Corporation, enemy shares up for sale

Anxious to boost disinvestment receipts, the Cabinet on Thursday decided to dip into a portion of ‘enemy shares’ in its possession and sell Dredging Corporation of India to a clutch of state-owned

Equities dip ahead of Federal Reserve’s statement

World equity markets edged lower on Thursday, with US stocks opening on the defensive while the US dollar strengthened ahead of a monetary policy announcement by the Federal Reserve.

Moody’s places Bharti Airtel’s rating on review for downgrade

Moody's Investors Service Thursday placed Bharti Airtel's rating on review for downgrade, following low levels of profitability and expectation of weak cash flow.

India oil demand to recover in 2019: Fitch Solutions

Indian oil demand, which faced substantial pressures in 2018 because of rising rates and a weakened rupee, is set for recovery next year, Fitch Solutions Macro Research said in a note Thursday.

Samvat to Samvat: Nifty IT Index emerges best performer since last Diwali; check best and worst performing sectors

While the Sensex has returned 7%, and the broader Nifty a tepid 4%, the Nifty IT Index has given stellar returns of about 34%, emerging as the best sectoral performer of the year. We take a look at se

Gold glitters in October! Here’s why ETFs loaded on gold for first time in four months

After months of declines, gold-backed ETFs registered increased inflows to both North American and European funds during October, a recent WGC report said.

Here’s how to transfer your physical shares into demat; SEBI norms seek to ease investor woes

Taking note of the various difficulties being faced by investors during transfer of such physical shares, the SEBI has recently put in place a standard framework for the transfer of securities in phy

HDFC Bank emerges as biggest wealth creator in last 5 years ahead of RIL, TCS; here are top 5 names

Private sector lender HDFC Bank shares have emerged as the biggest wealth creators for investors, ahead of Reliance Industries and TCS, according to a report.

Norway’s Giant Fund Has a First-World Problem: Marcus Ashworth

It’s the very definition of a first-world problem, but Norway’s $1 trillion sovereign wealth fund is wrestling with whether to make its investment portfolio less diverse.

What’s next for Asian stocks now that midterm’s overhang is gone

The regional equity gauge marched toward a one-month high on Thursday, after a 2 percent rally in the S&P 500 Index. In the end, the Democrats winning the House wasn’t a negative for stocks as some

Bharti Airtel, Yes Bank shares among worst Nifty performers since last Diwali; check bottom 10 names

A lot of heavyweight stocks including Tata Motors, Bharti Airtel and Yes Bank have dragged down Nifty returns in Samvat 2074. We take look at bottom 10 performers.

Rakesh Jhunjhunwala wants God to give him power to not earn money in Samvat 2075; here’s why Big Bull says so

As Samvat 2074 ends and new Hindu year begins, ace investor Rakesh Jhunjhunwala has his market-related priorities clearly lined up.

Asia stocks cheered by post-election Wall St rally, dollar bounces

Asian stocks rose to a one-month peak on Thursday as investors, relieved to have moved past the U.S. midterm elections without any major political surprises, drove a Wall Street rally, while the dolla

Stocks rise after U.S. vote splits power; dollar slips

Most major stock markets rose on Wednesday, led by a strong rally on Wall Street, after the outcome of the U.S. midterm congressional elections drove expectations of political gridlock in Washington,

US shares rally midterm elections; technology, healthcare stocks lead

Wall Street rose 2 percent on Wednesday, led by the technology and healthcare sectors as investors breathed a sigh of relief following the U.S. midterm elections and made bets that a divided Congress

BSE, NSE closed today on occasion of Diwali Balipratipada; Sensex, Nifty kick off Samvat 2075 on a strong note

The Indian stock markets BSE, NSE will be closed today on the occasion of Diwali Balipratipada. Yesterday, the Sensex and Nifty logged their best Muhurat trading session in 10 years.

Samvat 2075: Stock markets post best Muhurat-day gains in 10 years; key things to know

Muhurat-day trade: The benchmark equity indices -- Sensex and Nifty -- posted their best Muhurat-day trading gains in 10 years on rise in stocks of automobile, consumer goods, IT and capital goods com

Dollar cuts losses as election jitters settle; focus turns to Fed

The dollar cut its losses on Wednesday as investors further digested the results of the U.S. midterm congressional elections, after an initial sell-off on expectations that the outcome would make furt

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