September 21, 2018 07:04 PM IST
ArcelorMittal had sold its stake in Uttam Galva at Rs 1 a share. But Numetal contends that ArcelorMittal didn't take permission from bankers, as was required
There was panic selling in the market as non-banking financial companies (NBFCs), led by a huge drop in the shares of Dewan Housing Finance (DHFL), dragged financial stocks.
September 21, 2018 06:38 PM IST
The annual convention theme for IACC this year is 'Indo-US economic relations-building a durable partnership'.
September 21, 2018 06:31 PM IST
In June this year, Bayer completed the $63 billion mega-deal to acquire US-based Monsanto to create the world's biggest agro-chemical and seed company.
September 21, 2018 06:31 PM IST
The Nifty50 managed to recoup 2/3rd of losses in last hour of trade to close 91.30 points lower at 11,143.10.
September 21, 2018 06:14 PM IST
The deal covers T20 matches, ODIs, Test cricket matches, and premier domestic competition matches organised by the Board of Control for Cricket in India.
September 21, 2018 06:07 PM IST
Trade on Friday was so volatile that the BSE benchmark Sensex tanked, only to recover by over 800 points before the end of the day. Here are a few factors that have contributed to uncertainty in the market
September 21, 2018 06:05 PM IST
India’s burgeoning hotel aggregator space could see competition from China in the form of Jin Jiang, the world’s fifth largest hospitality company.
September 21, 2018 06:03 PM IST
Analysts today call him a bankable star and expect his upcoming releases Badhai Ho and Andhadhun to add to his list of commercial successes in Bollywood
September 21, 2018 05:47 PM IST
By virtue of the deal, Amazon’s long-unfulfilled goal of tapping the Indian food and grocery market at a big scale has fructified.
September 21, 2018 05:30 PM IST
Sectorally, BSE Realty index lost 3.4 percent, followed by the S&P BSE Bankex which lost 3.1 percent, and the S&P BSE Finance Index was down 2.5 percent on Friday.
September 21, 2018 05:22 PM IST
Fitch also forecast inflation picking up to the upper part of the central bank's target band (4 percent, plus-minus 2 percent) within the forecast horizon on relatively high demand-pull pressures and INR depreciation.
September 21, 2018 05:21 PM IST
Take a shot at the Moneycontrol Ultimate Business Quiz. Check how many you get right.
September 21, 2018 05:21 PM IST
Around 21 lakh directors failed to submit the requisite details when the deadline set by the Corporate Affairs Ministry ended on September 15.
September 21, 2018 05:21 PM IST
The complaint was filed by an advocate, who approached the police stating that the crew members should be held accountable for dereliction of duty amounting to attempt of murder
September 21, 2018 05:14 PM IST
Even as the company faces another price cut in Japan, Lupin looks to rationalise costs, shift manufacturing units and looks at non-Japanese markets to continue growth
September 21, 2018 05:12 PM IST
CD Equisearch bullish on Jamna Auto Industries has recommended buy rating on the stock with a target price of Rs 99 in its research report dated September 21, 2018.
September 21, 2018 05:11 PM IST
Anand Rathi is bullish on MM Forgings has recommended buy rating on the stock with a target price of Rs 809 in its research report dated September 21, 2018.
September 21, 2018 05:08 PM IST
Anand Rathi is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 237 in its research report dated September 19, 2018.
September 21, 2018 05:07 PM IST
JM Financial recommended hold rating on Yes Bank with a target price of Rs 300 in its research report dated September 20, 2018.
September 21, 2018 05:07 PM IST
Any increase in the prices of natural gas could have a visible impact on associated sector companies.
September 21, 2018 04:57 PM IST
According to WGC, many emerging market central banks have a high degree of exposure to the US dollar and turn to gold as a natural currency hedge.
September 21, 2018 04:57 PM IST
"The market size for these products is about $200 million. We are the fastest growing brands in the industry," Agrawal told reporters.
September 21, 2018 04:57 PM IST
"China and India are two of the fastest growing markets in the world and offer excellent investment opportunities. But China's wage cost is going up," said Velmurugan.
September 21, 2018 04:57 PM IST
A bank official, however, said the money has been paid "in protest" and the lender believes that it has not violated any norms.
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