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Petrol, Diesel Prices Remain Unchanged On Wednesday
Edited by Peter Noronha | Wednesday August 12, 2020State-run oil marketing companies such as Indian Oil Corporation allow any revisions on a daily basis, to bring the fuel rates at par with global oil prices and changes in the forex rates. -
Sensex, Nifty Likely To Have A Weak Opening
Edited by Peter Noronha (with inputs from agencies) | Wednesday August 12, 2020The domestic stock markets are likely to open in the red after US markets closed lower following uncertainty in the US fiscal stimulus measures. -
Companies To Go Slow On Increments, Salary Hikes To Be Limited In Selected Profiles: Report
Edited by Abhik Deb | Tuesday August 11, 2020As far as new hirings are concerned, the report said that 6 out of the 17 sectors it surveyed offered more than 10 per cent salary growth -
Beer Maker Bira Talking To Foreign Brewers About Possible Stake Sale: CEO
Reuters | Tuesday August 11, 2020U.S.-based Sequoia Capital holds a roughly 45 per cent stake in the company, while CEO Jain and his family own around 30 per cent. -
Loan Restructuring Proposal To Prolong Banks' Bad Loan Uncertainty: Rating Agency Fitch
Reuters | Tuesday August 11, 2020The RBI said last week it will allow restructuring of corporate and personal loans to ease debt strains on companies and lenders -
June Industrial Output Shrinks By 16.6% As Coronavirus Hits Business Activity
Reuters | Tuesday August 11, 2020Last month, the government had suspended the release of headline industrial output numbers for May, citing inadequacy of data. -
Infosys Founder Narayana Murthy Fears Of GDP Hitting Lowest Since 1947
Press Trust of India | Tuesday August 11, 2020Mr Murthy said the economy should be brought back on track and people should be prepared to live with coronavirus -
Passenger Vehicle Sales Decline 4% In July, Two-Wheeler Sales Fall 15%: Industry Body
Edited by Abhishek Vasudev | Tuesday August 11, 2020For the April-July period, annual passenger vehicle sales were down 63 per cent 336,513 units and two-wheeler sales were down 60.54 per cent. -
Gold Price Today: Domestic Gold Futures Slide Below Rs 54,000 Mark Tracking Global Rates
Edited by Sandeep Singh (with inputs from Reuters) | Tuesday August 11, 2020Gold Rate Today: At 1:04 pm, the MCX gold futures contract quoted at Rs 53,960, up Rs 986 - or 1.79 per cent - from its previous close. -
Rupee Gains By 13 Paise To Close At 74.77 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 11, 2020Rupee Vs Dollar Today: The rupee moved in a range of 74.82-74.86 against the dollar after opening mildly stronger at 74.83 compared to its previous close of 74.90. -
Gold Price Falls As Dollar Holds On To Gains
Reuters | Tuesday August 11, 2020Analysts said gold's overall appeal was intact, with prices up more than 33 per cent so far this year. -
Sensex, Nifty Off Day's Highs After Hitting 5-Month Highs
Edited by Abhishek Vasudev (with inputs from Reuters) | Tuesday August 11, 2020Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher ed by the Nifty Metal index's 2.5 per cent gain. -
ICICI Bank To Raise Rs 15,000 Crore Through Share Sale; Stock Hits Over 2-Week High
Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 11, 2020A total of 17.62 lakh ICICI Bank shares changed hands on Monday, as against an average of 17.55 lakh in the past two weeks. -
Titan Shares Fall After Reporting Loss In Q1 As Covid-19 Rattles Business
Edited by Abhishek Vasudev | Tuesday August 11, 2020Titan Q1 Results: Titan's revenue, from sale of products and services, in June quarter fell 74 per cent annually to Rs 1,251 crore. -
Axis Bank Raises Rs 10,000 Crore Through Sale of Shares
Edited by Peter Noronha | Tuesday August 11, 2020Axis Bank Share: The shares were issued at Rs 420.10 per share. a discount of 5 per cent to floor price of Rs 442.19 per equity share, aggregating to Rs 10,000 crore.
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