Deepak Pandit, a close relative of film personality Ashoke Pandit, is alleged to have abused his official position and indulged in corruption for amassing assets, they said.

A heavy reliance on one distribution channel, namely banks, is beneficial for insurers by helping have higher-ticket-size policies.

In a regulatory filing, the drug major said the US Food and Drug Administration (USFDA) completed audit of its formulations manufacturing plant - 3 at Bachupally, Hyderabad on Friday.

Saudi Arabia, the biggest producer in OPEC, and some other members are considering agreeing an output cut of 1 million barrels per day (bpd) for the second quarter of 2020, more than an initially proposed cut of 600,000 bpd, the sources said.

During April-January, output rose 0.6% from the year-ago period, according to the data.

The broader NSE Nifty sank 431.55 points.

Gold prices on Friday fell by ₹222 to ₹43,358 per 10 gram in the national capital in line with weak trend in global markets, according to HDFC Securi

On a weekly basis, Sensex slipped around 7 per cent while Nifty declined 7.2 per cent

He is believed to have done so in a bid to secure his place as the number two in the Japanese firm after SoftBank chairman Masayoshi Son.

Stock market crashes on February 28 with benchmark indices to nearly 5-month low. Here are the 10 biggest day crashes in a decade in Sensex history.

Rolls-Royce has got to grips with a long-running engine problem and enjoyed a strong end to 2019, leaving it well placed to cope with any disruption caused by the coronavirus outbreak, it said on Friday.

Domestic stock markets slumped more than 3 per cent on Friday continuing their downward spiral for the sixth session in a row, as fears the coronavirus outbreak may trigger recession across major...

Domestic stock markets slumped more than 3 per cent on Friday continuing their downward spiral for the sixth session in a row, as fears the coronavirus outbreak may trigger recession across major...

European airlines stepped up their warnings over the coronavirus outbreak on Friday, with British Airways-owner IAG and Finnair flagging a hit to profits and easyJet reporting a big drop in demand into and out of a virus-affected region in Italy.

Business Standard evaluates various scenarios around spread of Covid-19 and its impact on the market

News updates from the world of economy, markets, and finance

This is being done in tune with the decision of World LPG Association to have at least 50 per cent of LPG from bio mass, including vegetable waste, by 2040, S S V Ramkumar said.

At 3:00 pm, the Sensex was at 38,320, lower by 1,419 points - or 3.5 per cent - and the Nifty was at 11,205, down 430 points - or 3.7 per cent. All the sectoral indices on the National Stock Exchange...

Coronavirus panic sent world share markets crashing again on Friday, compounding their worst week since the 2008 global financial crisis and bringing the wipeout in value terms to $5 trillion.

Gold prices retreated on Friday as investors booked profits from a 1% jump in the last session, but the metal had some support as mounting concerns over the rapid spread of coronavirus lifted expectations of rate cuts by major central banks.

"The bank has executed a share purchase agreement for sale of its equity stake of 0.206 percent in National Stock Exchange," it said in a regulatory filing.

News updates from the world of economy, markets, and finance

Such a step by Reliance, which operates the world's biggest refining complex, and Nayara - part owned by Russian oil major Rosneft - would severely curtail purchases by one of Venezuela's last big export destinations. India accounted for about a third of Venezuela's oil shipments in January.

Indian refiners Reliance Industries and Nayara Energy are planning to wind down purchases of Venezuelan oil in April fearing future U.S. sanctions could choke off all avenues to trade with state-run oil firm PDVSA, three sources with knowledge of the matter said.

Top oil exporter Saudi Arabia is expected to make the deepest cuts to its monthly official selling prices (OSP) to Asia since 2012, tracking declines in Middle East benchmarks and weak refining margins as the coronavirus outbreak has cut demand.

Major global companies will see no growth in earnings in 2020, analysts from U.S. bank Citigroup have predicted, the latest sign of a reining in of expectations for commercial performance this year as the coronavirus continues to spread.

Microsoft will host a digital-only event that will feature the majority of its planned game developer sessions and experiences, which will be streamed live and available on demand.

Analysts have fundamental concerns on over-leverage in core markets of eastern India and an inability to meaningfully diversify away from microfinance and concentration risk

The crucial meeting of Digital Communications Commission (DCC) on Friday could not arrive at a decision on relief to the distressed telecom sector an

Oil prices slumped to their lowest in more than a year on Friday and were set for their steepest weekly fall in more than four years as the spread of the coronavirus stokes fears of slowing global demand.

As of now, Indian market seems quite insulated from the health scare, as there has not been any serious cases of coronavirus here.

Malaysian long-haul budget airline AirAsia X said it will defer delivery of 78 Airbus SE A330neo planes and consider other changes to reduce its fleet, as the coronavirus outbreak adds pressure on the loss-making carrier.

SBI managing director Dinesh Khara said the country requires an economic growth rate of 10-11 per cent in order to achieve the $5-trillion target.

British Airways-owner IAG said coronavirus would hit earnings this year but the rapidly evolving nature of the outbreak means it cannot say by how much.

News updates from the world of economy, markets, and finance

Asian spot liquefied natural gas (LNG) prices stabilised this week though traders remained wary regarding overall demand as the spread of coronavirus threatens to dent the global economy.

"LetsShave offers high-quality products and is a challenger brand in a space dominated by a single large player. They are a promising team and have the ability to understand consumer requirements,...

The largest oil supplier has spent over Rs 17,000 crore to upgrade its refineries to produce the low-sulphur diesel and petrol, the company's chairman Sanjiv Singh told reporters here.

Aerospace engineer Rolls-Royce reported a 2019 operating loss of 852 million pounds ($1.11 billion), after the cost of tackling durability problems with its Trent 1000 engine eclipsed record engine deliveries and a good after-market performance.

However, the clearance is subject to specific conditions stated in an approval letter and sector specific general conditions as per the Ministry of Environment, Forest and Climate Change's Office Memorandum, KIOCL said in a filing to BSE.

The London Stock Exchange Group said on Friday it would complete its $27 billion takeover of analytics company Refinitiv on time this year as it reported higher-than-expected annual income, driven a jump in clearing activity.

Microsoft will host a digital-only event that will feature the majority of its planned game developer sessions and experiences, which will be streamed live and available on demand.

Hopes that the epidemic would be over in a few months and economic activity would return to normal have been shattered, as new infections reported around the world now surpass those in China

During his decade long stint at IndusInd Bank, Kathpalia is credited for building its consumer banking business and diversifying it to industry beating performance over years

During his decade long stint at IndusInd Bank, Kathpalia is credited for building its consumer banking business and diversifying it to industry beating performance over years

ICGS Varad set a record in Indian shipbuilding industry by becoming the first major defence ship to clear all sea acceptance trials in a single sea sortie, Larsen Toubro (LT) said in a regulatory filing.

Hyundai Motor shut down a factory in South Korea on Friday after a worker tested positive for the new coronavirus, disrupting production of popular models such as Palisade sport utility vehicle.

Bank of England Governor Mark Carney said Britain should prepare for an economic hit as fallout from the novel coronavirus outbreak deepens.

An industry group said the coronavirus could scythe $560 billion from spending on corporate travel this year, a 37% drop from its 2020 global expenditure forecast, as meetings and events are cancelled and companies limit travel to protect employees.

China accounts for 27% of India’s automotive component imports

‘For India to achieve its ambition of becoming a five trillion dollar economy, it required a 10-11% growth rate’

JSPL, Hindalco, Vedanta, SAIL, JSW Steel and Tata Steel from the Nifty Metal index have seen their share prices plunge in the range of 14 per cent to 18 per cent during this week

Gold jewellery prices vary in different parts of India due to factors such as excise duty, state taxes and making charges.

Globally, metals companies are negatively impacted by lower prices, while stocks of drugmakers are also facing the heat from the uncertainty of the outbreak.

Khara told PTI here that for India to achieve its ambition of becoming a five trillion dollar economy, it required a 10-11 percent growth rate.

Decision leaves Serious Fraud Office’s case against bank’s Qatar arrangements in tatters

The ‘Mick Jagger of microbes’ on a life of fighting disease — and the severity of the current crisis

World share markets were headed for their worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession.

Airlines and airports have stepped up efforts to limit the virus spread

World Health Organization Director General Tedros Adhanom Ghebreyesus said the virus could become a pandemic as the outbreak spreads to major developed economies such as Germany and France.

Among sectors, refineries, financials including banks and information technology (IT) sector have seen more than Rs 1-trillion market-cap erosion in the past six sessions.

News updates from the world of economy, markets, and finance

"The company is considering raising of funds through various options of borrowings including by way of issue of debt securities in onshore/offshore market by public issue and/or private placement basis and commercial papers," Shriram Transport Finance company said in a filing to BSE.

Decision leaves Serious Fraud Office’s case against bank’s Qatar arrangements in tatters

A bankrupt aluminium smelter that re-opened in 2018, after U.S. President Donald Trump imposed tariffs on imported metals, is losing money at such a rapid clip that it could close within 60 days, the top executive at the Missouri plant said on Thursday.

The central bank has conveyed its concern to the government and sought relief for telcos

In a regulatory filing, NTPC said the 250 megawatt (mw) unit of Barauni Thermal Power Station Stage-II (2 x 250 MW) is declared on commercial operation with effect from March 1, this year.

Officials from the Department of Telecommunications (DoT) have asked India’s two MNP service providers – Syniverse Technologies India and MNP Interconnection Telecom Solutions India – for the number of requests they can process in a day

While Sensex has clocked 7.17% fall since the beginning of this year, Nifty has fallen 7.94% during the period. On the contrary, things were very rosy five months ago. Analysts and brokerages were busy predicting new highs for Indian indices despite falling economic growth

While Sensex has clocked 7.17% fall since the beginning of this year, Nifty has fallen 7.94% during the period. On the contrary, things were very rosy five months ago. Analysts and brokerages were busy predicting new highs for Indian indices despite falling economic growth

Gold prices retreated on Friday as investors booked profits from a 1% jump in the last session, but the metal had some support as mounting concerns over the rapid spread of coronavirus outbreak lifted expectations of rate cuts by major central banks.

Firm to cut expenditure by ₹300-400 cr.

Oil prices plunged to their lowest in more than a year on Friday, putting them on track for the biggest weekly decline in more than four years, as the rapid spread of the coronavirus stoked fears of slowing global demand.

Social distancing measures will play an important role in delaying a pandemic

Social distancing measures will play an important role in delaying a pandemic

Traders said investor sentiments also remained fragile amid incessant foreign fund outflows

‘Stress scenario requires cushioning’

News updates from the world of economy, markets, and finance

In the past one week, shares of most IT stocks have slipped. Tata Elxsi, Mindtree, HCL Technologies, and Wipro have plunged in the range of 6-8 per cent.

In the past one week, shares of most IT stocks have slipped. Tata Elxsi, Mindtree, HCL Technologies, and Wipro have plunged in the range of 6-8 per cent.

Tata Motors, however, told Reuters it had made submissions to the CCI and would provide full support to the watchdog.

MoneyGram’s 8-K reveals Ripple pays it to use its system.

Vedanta, Tata Motors, Tata Steel, YES Bank, Hindalco and Infosys were the top losers on Nifty today. On the other hand, Future Consumer, Allahabad Bank, GMR Infrastructure, Dish TV and Vedanta were the top losers on BSE.

News updates from the world of economy, markets, and finance

Indian shares fell on Friday, tracking steep falls in world markets, and set for their worst week in four years on growing fears that the coronavirus outbreak could turn into a pandemic and derail global growth.

Malaysian long-haul budget airline AirAsia X Bhd said it will defer delivery of 78 Airbus SE A330neo planes and consider other changes to reduce its fleet as the coronavirus dents demand.

News updates from the world of economy, markets, and finance

World share markets were headed for the worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession.

Gold prices held steady on Friday as mounting concerns over the rapid spread of the coronavirus and its impact on global economy lifted expectations of rate cuts by major central banks, though profit-taking capped gains.

Domestic stock markets suffered sharp losses on Friday as global markets were set for the worst week since the 2008-09 financial crisis amid fears the coronavirus would hurt global growth. The S&P BSE...

Domestic stock markets suffered sharp losses on Friday with benchmark indices hitting their lowest levels recorded since mid-October, after global markets slumped on fears the coronavirus outbreak...

Domestic stock markets suffered sharp losses on Friday with benchmark indices hitting their lowest levels recorded since mid-October, after global markets slumped on fears the coronavirus outbreak...

Reliance Industries, HDFC Bank and Infosys were the biggest drags on the Sensex, together accounting for a fall of more than 300 points in the index.

Domestic stock markets suffered sharp losses on Friday as global markets stared at the worst week since the 2008-09 financial crisis amid fears the spread of coronavirus would affect global growth....

Domestic stock markets suffered sharp losses on Friday with benchmark indices hitting their lowest levels recorded since mid-October, after global markets slumped on fears the coronavirus outbreak...

The virus has so far mainly battered China, causing nearly 80,000 infections and almost 2,800 deaths, according official Chinese figures. It has spread to another 46 countries, where about 3,700 cases...

US intelligence agencies are monitoring the spread of coronavirus, including in Iran and India, sources familiar with the matter said.

"We wish to inform that the 8th CoC meeting of Jet Airways (India) Ltd was held on February 18 and in the e-voting concluded on February 25, the CoC passed the resolution to issue fresh Invitation of EoI (Round) for the corporate debtor," Jet Airways said in BSE filing.

The Federal Reserve may need to move aggressively to cut borrowing costs to cushion the economy from the effects of the rapid spread of the new coronavirus, which sent global stocks tumbling this week.

At 8:44 am, the SGX Nifty futures were down 233.00 points - or 2.01 per cent - at 11,376.00.

Fears of a sustained global economic impact as the coronavirus rapidly spreads beyond China have sent investors scrambling to find safety less than 10 days after the U.S. stock market set record highs.

Oil prices fell for a sixth straight session on Friday and were on track for about a 12% weekly fall, the biggest in more than four years, as the spread of the coronavirus outside China raised fears of slowing global demand.

Days after the government said "green shoots" are visible in the economy, official data on GDP or gross domestic product for the third quarter of current financial year will be released at 5:30 pm...

Days after the government said -green shoots- are visible in the economy, official data on GDP or gross domestic product for the third quarter of current financial year will be released at 5:30 pm...

Official data on GDP or gross domestic product for the third quarter of current financial year will be released at 5:30 pm today. Many economists expect the annual GDP growth to pick up to 4.7 per...

As previously advised to the exchanges, the bank's Nomination and Remuneration Committee and the board had considered and submitted the name of a potential candidate for the role of MD and CEO to the Reserve Bank of India (RBI), seeking approval for the appointment, it said in a release.

Labelled Ka-ching, the card will offer many benefits like complimentary air tickets, lounge access, 5 per cent cashback or reward points on Indigo bookings, and 3 per cent cashback on dining, grocery and entertainment, the companies said.

"... I have no comment to offer on IndiGo banning me for 3 months instead of the 6 months now," Kamra said in a Facebook post on Thursday.

Long build-up is seen in the Berger Paints Futures where we have seen rise in Open Interest with price moving up by 1.70 per cent

Oil prices fell for a sixth straight session on Friday and were on track for about a 12% weekly fall, the biggest in more than four years, as the spread of the coronavirus outside China raised fears of slowing global demand.

The plane, which has the registration number VT-TSD, will depart from the Boeing facility here at 2 pm (local time) on Friday and land in Delhi at 2 pm (local time) on Saturday, Vistara officials said here.

By Christoph Steitz, Edward Taylor, Matthias Inverardi and Tom Käckenhoff

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

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Senior official says Ankara will not stop refugees heading for Europe in wake of Idlib attack

Global stock barometer has tumbled 11 per cent this week in flight to safety

Japanese shares slide into correction territory following rout on Wall Street

Siddharth Purohit of SMC Global Securities believes that given the stable RoE of 30% valuation, in terms of P/E ratio is likely to come down to 31x and 22x in FY21 and FY22, respectively from 43x.

Wall Street shares led the rout as the S&P 500 fell 4.42 per cent, its largest percentage drop since August 2011

Wall Street shares led the rout as the S&P 500 fell 4.42 per cent, its largest percentage drop since August 2011

Market capitalisation which stood at Rs 158.50 lakh crore on February 20 fell to Rs 147.64 lakh crore in trade today

Market capitalisation which stood at Rs 158.50 lakh crore on February 20 fell to Rs 147.64 lakh crore in trade today

Investors will also await the GDP numbers for the third quarter of FY20 to be released later in the day. Most experts peg the number closer to 5 per cent

Japanese shares slide into correction territory following rout on Wall Street

Jimmy Lai’s Apple Daily newspaper is critical of both the Hong Kong and Beijing leadership

Global funds changed course in February and recommended a cut to equity allocations in their model balanced portfolio after taking them to a two-year high in January, instead suggesting an increase in bond holdings, Reuters polls showed.

While Sensex was trading 1,133.63 points lower at 38,612.03, Nifty was down 339.90 points at 11,293.40. India VIX, the measure of markets expectation of volatility over the near term, surged 24.43% to 22.105 points in opening trade on NSE.

At the interbank foreign exchange the rupee opened at 71.90 then lost further ground and touched a low of 71.94 against the American currency, registering a fall of 33 paise over its previous close.

BSE market cap which stood at Rs 152 lakh crore on Thursday plunged to Rs 147.12 lakh crore in trade today

BSE market cap which stood at Rs 152 lakh crore on Thursday plunged to Rs 147.12 lakh crore in trade today

Global share prices headed for the worst week since the darkest days of the world financial crisis in 2008 as investors braced for the coronavirus to become a pandemic and rapidly spread around the world.

Move in South Korea poses challenge to military’s readiness, experts say

Move in South Korea poses challenge to military’s readiness, experts say

Facebook Inc said on Thursday it would cancel its annual developer conference due to fears over the coronavirus, as growing concerns about the economic impact of the global outbreak drove Wall Street to tumble for a sixth straight day.

Investors increase bets the US central bank will soon cut interest rates in response

Investors increase bets the US central bank will soon cut interest rates in response

Electorate is exhausted but veteran leader is ‘fighting like someone who is still hungry’

New Delhi residents recount night of terror after sectarian riots claim dozens of lives

Residents of northern towns describe life under quarantine

Residents of northern towns describe life under quarantine

The European Union hopes to de-escalate trade tensions with the United States but wants Washington to lower steel tariffs or make another goodwill gesture after a series of concessions by Brussels in recent years, a top EU lawmaker said Thursday.

Japanese shares slide into correction territory following rout on Wall Street

Japanese shares slide into correction territory following rout on Wall Street

Japanese shares slide into correction territory following rout on Wall Street

Secret recordings in The Ritz and business discord tear apart the influential estate

Secret recordings in The Ritz and business discord tear apart the influential estate

Start-ups work with regulators on system to identify and track unmanned aerial vehicles

Leveraged loan vehicle, hit by non-core bets, ranks bottom of its peer group

All stocks on Sensex and Nifty were trading in the red after Wall Street logged its biggest one day drop in nine years on coronavirus fears

Share Market Update: Sensex has erased 3.50% in one week, 3.40% in one month and 6.43% year-to-date. Nifty has fallen 3.70% in one week, 4% in one month and 7.15% year-to-date.

Share Market LIVE: Sensex has erased 3.50% in one week, 3.40% in one month and 6.43% year-to-date. Nifty has fallen 3.70% in one week, 4% in one month and 7.15% year-to-date.

Share Market LIVE: All stocks on Sensex and Nifty were trading in the red after Wall Street logged its biggest one day drop in nine years on coronavirus fears

Share Market LIVE: All stocks on Sensex and Nifty were trading in the red after Wall Street logged its biggest one day drop in nine years on coronavirus fears

Share Market LIVE: Sensex has erased 3.50% in one week, 3.40% in one month and 6.43% year-to-date. Nifty has fallen 3.70% in one week, 4% in one month and 7.15% year-to-date.

Share Market Update: Sensex has erased 3.50% in one week, 3.40% in one month and 6.43% year-to-date. Nifty has fallen 3.70% in one week, 4% in one month and 7.15% year-to-date.

All stocks on Sensex and Nifty were trading in the red after Wall Street logged its biggest one day drop in nine years on coronavirus fears

Share Market LIVE: Sensex has erased 3.50% in one week, 3.40% in one month and 6.43% year-to-date. Nifty has fallen 3.70% in one week, 4% in one month and 7.15% year-to-date.

A dark twist in this unravelling family feud. 

The international benchmark has shed around 12% this week and is on track for its steepest weekly decline since January 2016.

Japanese shares slide into correction territory following rout on Wall Street

The Dow Jones Industrial Average plunged nearly 1,200 points or 4.4 percent, to finish at 25,766.64, its worst session in more than two years.

"More widespread contagion and a longer interruption in normal economic activity constitute additional downside risks to near-term projections," Lane told an audience in London.

U.S.-based banks and brokers are in discussions with federal regulators about allowing staff to work from home and other business continuity arrangements amid the spread of the coronavirus, the head of a top financial trade group said on Thursday.

All three major US indexes were set for their steepest weekly pullback since the global financial crisis, as new infections reported around the world surpassed those in mainland China.

The outbreak that began in Wuhan at the end of last year has killed over 2,700 in China, with over 78,000 confirmed cases of infection, and has now spread to several other countries.

PC maker Dell Technologies Inc reported its slowest quarterly revenue growth since its return to the public market, hurt by weakness in its data centre business and said it plans to buy back up to $1 billion worth of shares.

The bank raised its 12-month projection by $200, and said "in the event that the virus effect spreads to Q2, we could see gold top $1800/oz already on a 3-month basis."

The US stocks pared early losses, after the initial surge in angst (over the virus spread) that pushed US indices to their four-month lows. Bond yields remained at unprecedented levels.

Amazon.com Inc has barred more than 1 million products from sale in recent weeks that had inaccurately claimed to cure or defend against the coronavirus, the company told Reuters on Thursday.

Facebook Inc said on Thursday it would cancel its annual developer conference due to fears over the coronavirus outbreak and Microsoft Corp followed suit by withdrawing from a gaming conference scheduled for next month.

Investors dump high-yield ETFs on concern over financial impact of the coronavirus

Italian prime Minister Giuseppe Conte called on Thursday for a rethink of European competition rules that he said could stand in the way of creating European champions capable of competing in global markets in sectors including automobiles.

Scheme to subsidise gold miners contributed to collapse of local dollar

Digital business, which is multiple billions, continues to grow in double digits: Cognizant CEO

Oil prices tumbled for a fifth day on Thursday to their lowest since January 2019, as further novel coronavirus cases outside China fanned fears that a pandemic could slow the global economy and erode demand for crude.

Mr. Kathpalia replaces Ramesh Sobti, who will retire as he attains the age of 70.

Facebook Inc said on Thursday it would cancel its annual developer conference, F8 2020, amid rising concerns of the coronavirus outbreak.

Tech-focused ChiNext soars despite outbreak’s threat to wider Chinese economy

Legal ‘exemption’ papers give exporters right to break contracts during coronavirus outbreak

Stocks across the globe and oil prices continued to tumble on Thursday and U.S. Treasury yields hit record lows as traders fretted over the economic impact of the spreading coronavirus.

Shares of Microsoft Corp fell as much as 4% on Thursday after the company warned of weakness in its PC business due to a hit to its supply chain from the coronavirus outbreak, echoing similar statements from Apple Inc and HP .

a corporate guarantee was given by RCap and put option right was given to the NCD holders. This meant that RCap will be required to purchase the NCDs when the option is exercised

Exclusive: Kingdom pushes for deeper Opec reduction in face of coronavirus-linked slump

Exclusive: Kingdom pushes for deeper Opec reductions in face of crude price slump

German drugs and pesticides company Bayer was at pains on Thursday to quell expectations it was nearing an out-of-court settlement laying to rest claims its glyphosate-based weedkillers cause cancer.

A coronavirus outbreak that may tip Italy into recession also threatens hefty losses for fund managers who have been overlooking a multitude of risks to invest in one of the few euro zone bond markets offering yields above zero.

The U.S. economy grew moderately in the fourth quarter, the government confirmed, and is facing a bumpy road in early 2020 amid the fast-spreading coronavirus that has left financial markets fearing a recession.

Gold prices jumped 1% on Thursday as investors piled into safe-haven assets on mounting worries about how the coronavirus outbreak might hurt the global economy.

Oil prices fell for a fifth straight day on Thursday, plunging to their lowest levels since January 2019 as more new coronavirus cases outside China fanned fears that a pandemic could slow the global economy.

Market players said if not for the buying by domestic investors, there could have a steeper decline. They bought shares worth over Rs 3,000 crore in each of the last two trading sessions.

We have a strategy to comply with promoter holding norm: Bandhan Bank MD

Industry may contract by up to 15% in FY20 on slowdown

ONGC and HPCL bought 17.28 per cent stake each from lenders, the firms said in separate but almost identical regulatory filings.

Firm to cut expenditure by ₹300-400 cr.

The indexes were set for their steepest weekly pullback since the global financial crisis as rising number of new infections outside China raised fears of a pandemic.

‘Stress scenario requires cushioning’

‘Connectivity to private player first can impact us adversely’

Contraction of ₹64,490 crore during the fortnight ended Feb. 14

The syrup was recalled from the market and its production was halted.

Production is expected to be 26.5 MT this season

Indians consumed over 11 GB data on an average in Dec. 2019, says Nokia study

Seek adjustment of GST credit in AGR dues, doing away with bank guarantees

Hindustan Petroleum will plan, develop and install EV charging facilities at suitable locations throughout the country.

Jobs and pay cut as deals and meetings with investors are put on hold

Echoes of the phrase coined by Mario Draghi as ECB president in 2012

Echoes of the phrase coined by Mario Draghi as ECB president in 2012

Senior official says Ankara will not prevent Syrian refugees from reaching Europe

Britain on Thursday published its negotiating position for talks starting with the European Union on Monday on their new, post-Brexit relationship from 2021.

Firm to invest ₹70 crore in expansion

It has only taken six days for the S&P500 to lose a tenth of its value after hitting an all-time high last week. 

Tech player Wipro’s strategic design arm, Designit, will open a new studio in Dallas, signalling the expansion of the design-driven mindset outside of

Payments processor PayPal Holdings Inc said on Thursday it expects first-quarter revenue to be at the lower end of its previously forecast range, as online transactions globally took a hit from the coronavirus outbreak.

The push has been driven by the Fed's own acknowledgement that its leaders don't look like the nation for which they set monetary policy, and by political pressure to fix that, according to interviews with several current and former Fed policymakers.

Oil prices plunged more than 4% on Thursday, down for a fifth day to their lowest since January 2019 as more new coronavirus cases outside China fed fears of a pandemic that could slow the global economy and dent demand for crude.

Stocks across the globe and oil prices continued to tumble on Thursday and U.S. Treasury yields hit record lows as traders fretted over the economic impact of the spreading coronavirus.

The coronavirus is keeping Chinese tourists away from its London boutiques, British retailer Watches of Switzerland said on Thursday, but local demand for Rolex timepieces is so strong it is making up for the decline.

In a note to clients, the bank cut its baseline earnings per share estimate for SP 500 companies to $165 from $174 in 2020, implying that profits would remain unchanged from a year ago.

Through separate transactions, Valiant Mauritius Partners Offshore Ltd and Valiant Mauritius Partners Ltd bought the shares at the same price, the block deal data showed.

Payments processor PayPal Holdings Inc said on Thursday it expects first-quarter revenue to be at the lower end of its previously forecast range, blaming disruptions caused by the coronavirus outbreak and sending its shares down 1.5%.

HM has restricted its fashion to only western wear so far, but the tie-up with designer Sabyasachi will include both western and Indian wear such as sarees.

Shares in Nokia Oyj rose in a falling market on Thursday, after Bloomberg News reported that the Finnish telecom network equipment maker was considering asset sales and mergers.

U.S. companies will see profits stagnate in 2020 thanks to the spread of the coronavirus in China and beyond, Goldman Sachs said on Thursday, slashing its expectations for average corporate earnings this year.

The U.S. economy grew moderately in the fourth quarter, the government confirmed on Thursday, and is facing a bumpy road in early 2020 amid the fast-spreading deadly coronavirus that has roiled financial markets.

Shares of Microsoft Corp fell more than 4% on Thursday after the company warned of weakness in PC business due to a hit to its supply chain from the coronavirus outbreak, echoing similar statements from Apple Inc and HP.

The index is published by Access to Nutrition Index (ATNI) and hosted by Access to Nutrition Foundation, an international not-for-profit organisation.

S&P 500 loses 4.4% as pressure grows on Federal Reserve to cut rates in response to coronavirus

S&P 500 loses 4.4% as pressure grows on Federal Reserve to cut interest rates

The former vice-president is favourite to win the state but he needs a big victory to build momentum

Britain unveiled a negotiating mandate on Thursday for talks with the European Union that puts it on a collision course with Brussels, saying it was ready to walk away if "good progress" was not made by June.

The losses came after US public health officials confirmed a coronavirus case in California, the first affliction of unknown origin.

Retailer Best Buy Co Inc forecast largely lower-than-expected annual profit and sales on Thursday as electronics makers curb manufacturing due the coronavirus epidemic, sending the shares down 4%.

Britain unveiled a tough negotiating mandate for talks with the European Union on Thursday, underlining its desire for future economic and political independence that pits London on a collision course with Brussels.

NMC Health said on Thursday trading in its shares on the London Stock Exchange had been suspended, a day after the UAE firm removed its chief executive and as details of an investigation into the company emerged.

Reckitt Benckiser will invest 2 billion pounds ($2.6 billion) to spur growth, its new CEO announced on Thursday, as it reported a 5 billion pound writedown on baby formula maker Mead Johnson.

Zalando plans to offer more premium and luxury ranges and move into the vintage clothing market as the online fashion retailer predicted slower sales growth in 2020 after a strong final quarter to 2019.

IKEA, which opened its first store in Hyderabad in 2018, will be launching its second store in Mumbai.

The Nasdaq Composite dropped 236.74 points, or 2.64%, to 8,744.03 at the opening bell

Betzel said the company has a long-term commitment to the country and has been working with suppliers in the country for more than 30 years.

Gurbaxani has been appointed as MDCEO of the bank for a period of three years from the date of taking charge pursuant to RBI approval, it said.

The regulator in the past had also asked the industry to focus more on driving the growth of direct plans

To be sure, there are no licensed vaccines or therapeutics for COVID-19 available at this point in time

In the comments that come in the light of drastic erosion in value of investments on bets on DHFL following the ILFS crisis, Mahalingam acknowledged that we have gone through "stressful times" and urged caution while selling products so that the retail investors' faith isn't dented.

World wheat production is expected to rise to a record 769 million tonnes in the 2020/21 season boosted by a 2% rise in area, the International Grains Council said on Thursday.

The main objective of the scheme is creation of processing and preservation capacities and modernisation/expansion of existing food processing units with a view to increasing the level of processing and value addition, leading to reduction of wastage.

The demand to raise call and internet rates from Vodafone Idea comes within three months of company raising prices by up to 50 per cent.

The number of work visas granted (Tier 2) touched an all-time high of 113,958 of which 57,199 were given to Indians.

On the possible impact of coronavirus scare on the industry and the economy, Finance Minister Nirmala Sitharaman said there is none as of now.

A false rumour that the coronavirus can be spread by chickens has slashed Indian poultry sales by almost 50%, top supplier Godrej Agrovet Ltd said on Thursday.

APMC sources said that prices were on the lower side for the last two-three weeks. As many as 1,700 tractor-loads of onion arrived at the APMC on Thursday.

Among the options likely to be deliberated is allowing staggered payments for statutory dues for the telecom industry.

Designit works with companies including Abbott, BMW, BP, CBRE, Cisco, FedEx, GM, Novo Nordisk, Lloyds to help create people-centered experiences and organisations.

BigCat is engaged in development of product and technologies in wireless communication domain. It provides design services for wireless technologies for development of advanced wireless products, systems and solutions.

Yadav also mentioned that the government has issued advisories that coronavirus does not spread from chicken and asked state governments to take action against rumour mongers.

The oil marketing PSU will invest another Rs 388 crore for setting up a grassroot bottling plant at Kharagpur, diesel exhaust fluid (DEF) plant at Budge Budge and lube blending unit at Paharpur in West Bengal.

"We are looking forward to a separate trust for only private sector pension funds. There is a suggestion in the amendment that we have proposed that there can be more than one trust also. It may be so...

The downside in prices is, however, capped as the rapid spread of coronavirus outside China has raised the appeal of the safe-haven metal.

The CoC extended the last date of submission of resolution plans to March 9. The earlier deadline for submitting the bids was February 18.

Critics point to record of scepticism of established medical science by vice-president

Critics point to record of scepticism of established medical science by vice-president

The Finance Minister, who was accompanied by Finance Secretary Rajeev Kumar, DEA Secretary Atanu Chakraborty, Revenue Secretary A.B. Pandey and SBI Chairman Rajnish Kumar, said that it was a part of...

Advent and Cinven sale draws hard-fought bidding process to a close