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Sensex ticks up 95 pts on F&O expiry, positive global cues
Mumbai: The benchmark BSE Sensex rose over 95 points in early trade today as participants went about covering their short positions in view of the monthly expiry in the derivatives segment amid positive global cues.
The 30-share barometer,…
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Sensex extends losses for third session, slides over 161 pts
Mumbai: Extending its losing streak for the third session in a row, the benchmark Sensex fell by over 161 points and Nifty slipped below the 8,300 mark in early trade today on continued selling by participants on disappointing company…
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Sensex falls 112 pts on earnings worry, derivatives expiry
Mumbai: The benchmark BSE Sensex today declined by another 112 points to close at over one-week low of 27,531.41 due to continued selling in heavyweights such as ITC, Tata Motors and Vedanta on muted earnings amid weakening rupee.
A…
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Nokia withdraws plea to sell Chennai unit as buyer backs out
aNew Delhi: Nokia India today withdrew from Delhi High Court its plea seeking permission to urgently sell its mobile manufacturing unit in Chennai, which was frozen over a Rs-10,000 crore claim raised by the Income Tax department, saying…
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Samsung to merge two major units
Seoul: Samsung Group announced today the merger of two major affiliates, as the South Korean business giant accelerates restructuring efforts ahead of a generational power transfer within the founding Lee family.
The all stock deal,…
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Sensex loses more ground, down over 40 pts
Mumbai: The benchmark BSE Sensex fell further by over 40 points in early trade today, extending its yesterday's slide due to continued selling by participants amid mixed Asian cues.
The 30-share index was trading lower by 40.86 points, or…
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Squeeze parallel economy in a fair manner: FM to taxmen
New Delhi: Finance Minister Arun Jaitley today asked taxmen to squeeze parallel economy in a fair manner, without being harsh, and assured that the honest taxpayers have nothing to fear about the new black money law.
"The parallel economy…
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United Bank says lost hope to recover money from Kingfisher
Mumbai: State-owned United Bank of India has become the first of the 17 lenders to publicly admit that it no longer expects to recover its dues from the beleaguered Kingfisher Airlines.
Interestingly, the Kolkata-based lender was the first…
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Sensex trips 130 pts as profit-booking takes hold
Mumbai: The benchmark BSE Sensex fell over 130 points in early trade today on emergence of profit-booking by participants after recent gains amid disappointing corporate earnings.
The 30-share index fell 130.70 points, or 0.46 per cent, to…
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DLF targets Rs 4,000 crore new sales bookings this fiscal
New Delhi: Realty major DLF has kept the new sales bookings target for this financial year at last year's level of about Rs 4,000 crore as the company feels that it would take at least 12 months for housing sales to improve.
The country's…
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