Business
Slash Stamp Duty to Clean up Real Estate Sector, Says Assocham
To further intensify the crackdown on black money, Assocham has suggested the Centre to impress upon states to "drastically" lower stamp duty on residential and commercial property deals to dissuade people from undervaluing purchases.
Market Meltdown: Sensex Crashes 699 Points to Crack 27,000-Mark
Sinking to its lowest level in over 4 months, benchmark Sensex on Friday crashed about 699 points, its biggest single-day fall since February 11, to drop below the key 27,000-level on sustained foreign fund outflows combined with weakening trend globally
New Rs 1000 Notes To Be Issued In A Few Months, Says Government
New Rs 1,000 notes with enhanced security features will be re-introduced in a few months in place of the ones already banned, the government said on Thursday.
Buyers Make a Beeline for Gold, Prices Zoom to Rs 34,000
In the wake of government's decision to ban Rs 1,000 and Rs 500 notes, people formed a beeline at jewellery shops, resulting the prices of the precious metal zoom to Rs 34,000 per 10 grams here.
Sensex Gains Over 250 pts, Nifty Opens Above 8500; Lupin, PNB up
The market has opened with strong gains supported by firm global cues as FBI cleared presidential candidate Hillary Clinton of potential criminal charges in its private email server probe.
Tata Sons Makes Organisational Changes; Padmanabhan to Head HR
Over a week after Cyrus Mistry was ousted as Chairman, Tata Sons on Friday announced organisational changes bringing in S Padmanabhan as the group human resources head.
Rupee Recovers 3 Paise Against US Dollar
The rupee recovered by 3 paise to 66.72 against the dollar in early trade on Friday on mild selling of the US currency by exporters.
Odisha to Get Rs 685 crore Gems and Jewellery Industrial
The Odisha government on Wednesday accorded in-principle approval for establishment of a Rs 685 crore Gems and Jewellery Industrial Park at Ramdaspur of Cuttack district.
US Vote Twist Spooks European and Asian Stock Markets
European and Asian stocks dropped on Monday as the US presidential election race took a dramatic late twist. Markets moved cautiously as news that the FBI would further probe Hillary Clinton's emails fuelled fresh uncertainty about the outcome of the US p...
Focus on Business, Market Leadership: Tata to Top Executives
Ratan Tata asked senior management of the conglomerate's firms to focus on their businesses without being concerned about the top level change.
Rupee Gains Strength after 2-day Fall, up 4 Paise
The rupee on Monday snapped its two-day downtrend to end higher by 4 paise to 66.85 on the back of fresh selling of the US dollar by exporters.
Did Troubles at Tata’s Telecom, Steel Businesses Lead to Mistry’s Ouster?
In a short statement on Monday Tata group announced that Cyrus Mistry was being replaced as the chairman of Tata Sons by Ratan Tata as an interim chairman. Though no reasons were given for the leadership change, market speculation is that the ongoing diff...
SEBI Relaxes Restrictions on 41 Entities
Market regulator Sebi has eased curbs on 40 entities against whom it had taken action in two different cases of alleged misuse of stock market platform for tax evasion and suspected money-laundering.
Sensex Rockets 521 Points to Pull Off Biggest Gain in 5 Months
Market went all guns blazing after the benchmark Sensex on Tuesday leaped 521 points — its biggest single-day gain in nearly five months — to 28,051 and the Nifty crossed the 8,600-mark on a flurry of buying amid solid overseas cues.
Rupee Tumbles 12 Paise Against Dollar on US Rate Hike Calls
The rupee turned weak by 12 paise to 66.83 against the dollar on Monday at the foreign exchange market after the American currency gained ground following a spurt in demand from importers.
Samsung Suffers Ongoing Losses in Seoul Stock Exchange
South Korean tech giant Samsung on Wednesday continued to suffer losses in the Seoul Stock Exchange, with stocks down nearly 3 per cent after the withdrawal of its Galaxy Note 7 smartphone over cases of spontaneous combustion.