Sensex plunges 422 points; auto stocks drop

Sensex plunges 422 points; auto stocks drop

Sensex plunges 422 points; auto stocks dropMumbai, Jan 6 (IANS) A benchmark index of Indian equities markets Tuesday plunged 422.15 points or 1.52 percent as auto stocks plummeted.All the sectors were trading in red. Heavy selling pressure was seen in auto, banking, capital goods, healthcare, IT, metal, oil and gas and consumer durables sectors. The 30-scrip […]

Sensex surges 236 points; auto stocks gain

Sensex surges 236 points; auto stocks gain

Mumbai, Dec 29 (IANS) A benchmark index of Indian equities markets Monday surged 236.12 points or 0.87 percent as auto stocks gained.All the sectors were trading in green and the rally was led by the auto, banking, metal, healthcare, capital goods and IT sectors.The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which […]

Reliance Capital gets Sumitomo Mitsui as partner, minority investor

Reliance Capital gets Sumitomo Mitsui as partner, minority investor

Mumbai, Dec 25 (IANS) Anil Ambani-led Reliance Capital has roped in Sumitomo Mitsui Trust Bank, Japan’s fourth largest, as a strategic partner and a minority investor, besides an assurance to get its support when India’s central bank issues it a commercial banking licence.The Japanese financial powerhouse will be acquiring a 2.77-percent stake in Reliance Capital for […]

Sensex up 47 points; banking stocks gain

Sensex up 47 points; banking stocks gain

Mumbai, Dec 24 (IANS) A benchmark index of Indian equities markets Wednesday was trading 46.71 points or 0.17 percent as banking stocks gained.Good buying was observed in banking and fast moving consumer goods (FMCG) sectors, while marginal selling pressure was seen in IT sector.The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which […]

GDP likely to grow 5.5 percent in 2015: Mid-year review

GDP likely to grow 5.5 percent in 2015: Mid-year review

New Delhi, Dec 19 (IANS) The country’s economy is likely to grow at around 5.5 percent in the current fiscal, the finance ministry said in its mid-year review tabled in parliament Friday.In the first six months of 2014-15, the economy grew at an annual 5.5 percent, the report said.Based on the trend of receipts and expenditure […]

Sensex makes healthy gains; capital goods stocks zoom

Sensex makes healthy gains; capital goods stocks zoom

Mumbai, Dec 19 (IANS) A benchmark index of Indian equities markets closed Friday’s trade up 228.74 points or 0.84 percent as capital goods and information technology (IT) stocks gained.Healthy buying was observed in metal, bank, oil and gas and technology, entertainment and media (TECK) sectors.The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), […]

Sensex surges 294 points; banking stocks gain

Hike in Sensex Market

Mumbai, Dec 18 (IANS) A benchmark index of Indian equities markets Thursday surged 294.47 points or 1.10 percent as banking stocks gained.All the sectors were trading in green and the rally was led by banking, capital goods, consumer durables, auto, metal, healthcare and oil and gas sectors.The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock […]

Reforms back in India’s oil economy amid crash in crude prices

Reforms back in India's oil economy amid crash in crude prices

Complete decontrol of diesel marketing, new pricing formula for domestic gas after five years and a plunge in global crude prices flagged a new beginning for India’s oil economy in 2014 but there was little news on stake sale in state-run oil firms and fresh auctions for hydrocarbon assets.After years of selling diesel below cost […]

Sensex plunges 360 points; bank stocks crash

Sensex plunges 276 points; banking stocks tank

Mumbai, Dec 16 (IANS) A benchmark index of Indian equities markets Tuesday was trading in the red during the pre-afternoon session, tracking the SGX Nifty and most of the Asian stocks.Internationally, the US stock market ended Monday’s volatile session lower, as an unabated fall in oil prices continued to eroded investor confidence. European stocks plunged in […]

TCS mulls hiking pay offer for freshers

TCS Main

Bengaluru, Dec 12 (IANS) Indian IT bellwether Tata Consultancy Services (TCS) is planning to increase its pay offer to freshers recruited directly or through campus interviews, a senior official said Friday.“We want to increase the entry-level salary offered to freshers to attract more talented youth and ensure their retention with bright opportunities to move up the […]