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Sensex, Nifty close almost flat; metals, PSBs gain

Markets

18 November, 2019

Sensex, Nifty close almost flat; metals, PSBs gain

Indian shares ended mostly flat on Monday, with gains in metal stocks and public sector banks (PSBs) offsetting losses in ......

Govt looks to relax norms to attract global coal miners, industry sceptical

Infrastructure

18 November, 2019

Govt looks to relax norms to attract global coal miners, industry sceptical

India is looking to lower advance payments and offer larger mining blocks to attract global companies to invest in its ......

Govt plans strategic stake sales in 28 state-run companies

Economy

18 November, 2019

Govt plans strategic stake sales in 28 state-run companies

India’s cabinet has given ‘in-principle’ approval for the sale of strategic stakes in 28 state-run companies including state carrier Air ......

Saudi Aramco in race for global IPO record with $1.7 trillion top value

Infrastructure

18 November, 2019

Saudi Aramco in race for global IPO record with $1.7 trillion top value

Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below ......

Alibaba gets strong demand for $13.4 bn Hong Kong IPO

Markets

15 November, 2019

Alibaba gets strong demand for $13.4 bn Hong Kong IPO

Alibaba’s order books for its $13.4 billion Hong Kong share sale have already been covered “multiple times,” sources with direct knowledge ......

Govt tweaks bankruptcy rules to help non-bank lenders

Finance

15 November, 2019

Govt tweaks bankruptcy rules to help non-bank lenders

India has amended its insolvency and bankruptcy rules to allow for greater flexibility in resolving problems at troubled non-banking finance ......

Canada's CPPIB posts 2.2% return in July-Sept quarter

Finance

15 November, 2019

Canada's CPPIB posts 2.2% return in July-Sept quarter

The Canada Pension Plan Investment Board (CPPIB), the country's biggest public pension fund, on Thursday reported a 2.2% return on ......

Sensex rises a tad this week, Nifty falls

Markets

15 November, 2019

Sensex rises a tad this week, Nifty falls

Indian shares settled slightly higher on Friday, paring most of the gains made during the day as investors booked profits ......

Tax officials find PM Modi's targets too taxing, some quit

Economy

15 November, 2019

Tax officials find PM Modi's targets too taxing, some quit

India’s tax officials are facing a taxing issue. Prime Minister Narendra Modi’s government wants them to collect 17% more in direct ......

Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues

TMT

15 November, 2019

Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues

Indian mobile carrier Vodafone Idea on Thursday reported the biggest quarterly loss in India's corporate history after making provisions for ......