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Reliance Industries Gains Over 1% On Stake Purchase In Netmeds
Edited by Peter Noronha | Wednesday August 19, 2020Reliance Industries shares gained more than 1 per cent on the BSE after its subsidiary Reliance Retail acquired majority stake in online pharmacy Netmeds for around Rs 620 crore. -
Sensex Gains Over 250 Points, Nifty Moves Above 11,450; Reliance Industries Rises
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 19, 2020Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high. -
Petrol Price Hike Paused After Three Days, Diesel Also Remains Unchanged
Edited by Peter Noronha | Wednesday August 19, 2020Petrol prices were left untouched across the metros on Wednesday, i.e.August 19, after the marginal hike seen in the previous three days,while the diesel prices were also keptunchanged. -
All You Need To Know About Latest Gold And Silver Rates
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 19, 2020While gold has given up some of the recent gains, which pushed the global spot rate above the $2,000 per ounce and domestic futures above Rs 56,000 subsequently, it is not far from its all-time highs levels. As of Tuesday's closing price, Multi Commodity Exchange (MCX) gold futures are less than 5 per cent away from a record Rs 56,191 registered this month. The value of gold that you buy in physical form keeps changing, but the yellow metal continues to hold a special place among many investors. -
Subhash Chandra Appointed Chairman Emeritus Of Zee Entertainment
Edited by Peter Noronha | Wednesday August 19, 2020The appointment of Subhash Chandra as chairman emeritus will take effect from August 19, the company said in a regulatory filing after market hours on Tuesday. -
Sensex, Nifty Likely To Open On A Positive Note
Edited by Peter Noronha (with inputs from agencies) | Wednesday August 19, 2020Asian equities mostly moved higher on Wednesday after a strong Wall Street session in which the S&P 500 hit an all-time high. -
Reliance Retail Buys Majority Stake In Online Pharmacy Netmeds For Rs 620 Crore
Edited by Peter Noronha | Wednesday August 19, 2020The investment represents 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries, including Netmeds. -
RBI Releases Draft Framework For Self-Regulatory Body For Payment System Operators
Edited by Abhik Deb | Tuesday August 18, 2020The self-regulatory body will observe best practices on security, customer protection and competitiveness -
Paid Rs 195 Crore AGR-Related Dues, Reliance Jio Tells Supreme Court
Edited by Abhik Deb (with inputs from agencies) | Tuesday August 18, 2020On August 14, the top court had sought the details of spectrum sharing pact between RCom and Jio -
Madras High Court Refuses To Allow Reopening Of Vedanta's Copper Smelter
Edited by Abhik Deb (With inputs from Reuters) | Tuesday August 18, 2020The Madras High Court said in its 815-page judgment on Tuesday the shutdown "cannot be treated as knee-jerk reaction". -
Government Urges Auto Makers To Cut Royalties To Foreign Parents: Report
Reuters | Tuesday August 18, 2020The country's markets regulator last year suggested imposing curbs on payments exceeding 2 per cent of revenue. -
Government Keen To Speed Up Stake Sale In Four State-Owned Banks: Report
Edited by Abhik Deb (with inputs from agencies) | Tuesday August 18, 2020The sources said the four lenders in the discussion are Punjab & Sind Bank, Bank of Maharashtra, UCO Bank and IDBI Bank -
Sensex, Nifty Close Higher For Second Straight Day
Edited by Abhishek Vasudev | Tuesday August 18, 2020Banking, financial services, auto, media, private bank and metal indexes rose between 1.5-2.3 per cent each. -
Gold Price Today: Domestic Gold Futures Jump Over 1% To Rs 53,965 Mark Tracking Global Rates
Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 18, 2020Gold Rate Today: At 4:23 pm, the MCX gold futures contract quoted at Rs 53,781, up Rs 506 - or 0.95 per cent - from its previous close. -
Rupee Gains By 12 Paise To End At 74.76 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 18, 2020At the current level, the rupee has recovered 2.80 per cent against the US currency since an all-time low of 76.91 registered in April.
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