Sensex falls nearly 1 percent; ICICI Bank slumps| Reuters
Jul 25, 2015 at 01:45 | Source:
MUMBAI The BSE Sensex ended nearly 1 percent lower on Friday, dragged down by ICICI Bank(ICBK.NS) on concerns over its exposure to debt-laden Jaiprakash Group, while Reliance Industries (RELI.NS) fell ahead of its quarterly results later in the day. ...
Sensex snaps two-session fall with 323 points gains as RIL leads rebound
Jul 22, 2015 at 16:47 | Source:
A day after domestic equities took a sharp plunge on worries of disappointing earnings from select blue chip companies, key benchmark indices on Wednesday bounced back sharply fuelled by spectacular gains led by index heavyweight Reliance Industries ...
PayPal to buy Xoom for $890 mn in cash to expand portfolio
Jul 02, 2015 at 19:36 | Source:
Washington: Online payment firm PayPal will acquire digital money transfer services provider Xoom for about $890 million in an all cash deal as it eyes to enter the burgeoning global money remittances market.Both the firms have signed "a definit...
Data Security Council of India appoints Nandkumar Saravade as CEO
Jun 29, 2015 at 18:17 | Source:
Data Security Council of India (DSCI) Board has named Nandkumar Saravade as chief executive officer of the organisation, effective July 1. He will take over from the current officiating CEO, Rama Vedashree, VP NASSCOM.R. Chandrashekhar, President, NA...
Sensex ends down 167 points, after crashing over 600 pts in initial trades
Jun 29, 2015 at 17:05 | Source:
Domestic equity markets ended off their intra-day lows as late bout of shortcovering in select FMCG and frontline stocks helped the benchmark Sensex erase most of its early losses after a weak opening had snow-balled into a full-blown sell-off in the...
LIC should ask itself who is the boss: The policyholder or Arun Jaitley
Jun 27, 2015 at 15:17 | Source:
It is time for Finance Minister Arun Jaitley to start work on listing the public sector insurance behemoth, the Life Insurance Corporation (LIC) of India.Quite apart from the fact that the money obtained by offloading a portion of LIC will be useful ...
Extended rally propels Sensex past 27,700 as banking, realty shares sizzle
Jun 22, 2015 at 14:07 | Source:
Riding on the back of a firm opening, benchmark Sensex advanced further in the noon trade surpassing the 27,700-mark as robust buying continued in banking and realty shares amid growing optimism amongst investors that talks between debt-ridden Greece...
Sensex above 27,000-mark as Reliance Industries lead the march
Jun 18, 2015 at 10:50 | Source:
Local shares were in the thick of action in early trade with benchmark Sensex edging past the 27,000-mark after a firm opening, as investors took cues from positive close in the US markets and stepped up value buying in beaten-down stocks followingth...
Sensex ends up 54 pts, but extends losing streak for third straight week
Jun 12, 2015 at 16:52 | Source:
Equity markets concluded the last trading session of the week on a positive note, albeit with modest gains in a session marked by volatility, as a firm European markets opening coupled with recovery in local banking shares helped key benchmark indice...
Sensex plunges 470 pts as monsoon woes resurface, Nifty ends below 8,000
Jun 11, 2015 at 16:25 | Source:
Domestic concerns once again came back to haunt the local equity markets as worries over delay in monsoon resurfaced pulling down the benchmark Nifty below the crucial 8,000 mark while investors took a swipe at banking shares.Today's free fall in mar...