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Sensex Ends 323 Points Lower Weighed Down By Banking, Metal Shares
Edited by Abhishek Vasudev | Thursday September 17, 2020Eight of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Realty index's 1.7 per cent decline. -
Supreme Court Rejects Resuming Insolvency Case Against Anil Ambani
Upmanyu Trivedi, Bloomberg | Thursday September 17, 2020A three-judge panel headed by Justice L. Nageswara Rao ruled that the bankruptcy case against the former billionaire will remain suspended. -
Automakers Should Cut Royalty Payments To Foreign Parent Firms: Report
Reuters | Thursday September 17, 2020Maruti Suzuki paid Rs 3,820 crore in royalties to Suzuki Motor in the fiscal year ending March 31, 2020, amounting to 5 per cent of its revenue. -
HCL Tech Share Price Rises After IT Major Expands Partnership With Google Cloud
Edited by Sandeep Singh | Thursday September 17, 2020HCL Technologies on Wednesday announced the expansion of its strategic partnership with Google Cloud to bring the IT company's Actian portfolio to Google Cloud. -
Global Recovery May Take 5 Years: World Bank Chief Economist
Reuters | Thursday September 17, 2020, MadridLast month, the World Bank had saidIndia needs to continue with reforms to reverse the economic slowdown. -
Crude Oil Declines Amid Demand Concerns
Reuters | Thursday September 17, 2020, Singapore/MelbourneUS West Texas Intermediate (WTI) crude futures were down 70 cents, or 1.7 per cent, to $39.46 a barrel, after jumping 4.9 per cent on Wednesday. -
Dr Reddy's Labs Gains On Launching Eye Allergy Drop In US Market
Edited by Abhishek Vasudev | Thursday September 17, 2020Olopatadine Hydrochloride Ophthalmic Solution USP is equivalent of Novartis's Pataday and is indicated for the temporary relief of itchy eyes . -
Sensex Falls Over 350 Points; Metal, Banking Shares Worst Hit
Edited by Abhishek Vasudev | Thursday September 17, 2020Dr Reddy's Labs was top Nifty gainer, the stock rose 3 per cent to Rs 4,763 after it announced launch of eye allergy drop medicine in the US market. -
Spot Gold Falls As Dollar Pushes Higher On US Central Bank's Upbeat Economic View
Reuters | Thursday September 17, 2020The dollar index rose to a more than one-week high against its rivals after the Federal Reserve signalled it expected economy recovery to accelerate. -
Happiest Minds Makes Stellar Debut, Lists At 111% Premium Over Issue Price
Edited by Peter Noronha | Thursday September 17, 2020Happiest Minds Technologies' Rs 702-crore IPO was over-subscribed by a whopping 150.98 times, making it one of the most subscribed share offerings in recent history. -
Sensex Drops Over 150 Points, Nifty Below 11,550; Financial, Metal Stocks Weigh On Markets
Edited by Sandeep Singh (with inputs from agencies) | Thursday September 17, 2020MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.82 per cent, running out of steam after five straight days of gains. -
How To Check Allotment Status Of Route Mobile IPO
Edited by Peter Noronha | Thursday September 17, 2020Route Mobile IPO: The retail investors portion was subscribed 12.67 times, non-institutional investors, 192.81 times, and portion set aside for qualified institutional buyers was subscribed 89.76 times. -
Airlines Want $1.5 Billion In Interest-Free Credit Line: Minister
Anurag Kotoky, Bloomberg | Thursday September 17, 2020IndiGo is the world's biggest customer for Airbus SE's best-selling A320neo jets, while SpiceJet is among the top buyers of Boeing Co.'s now-grounded 737 Max planes. -
US Central Bank Vows To Keep Interest Rates Low, Expects Slow Recovery Ahead
Reuters | Thursday September 17, 2020, WashingtonThis was the Fed's last policy decision before the country's November 3 presidential election, delivering the winner a runway of low borrowing costs for years to come. -
Lok Sabha Passes Legislation To Bring Cooperative Banks Under RBI Control
Press Trust of India | Thursday September 17, 2020, New DelhiReplying to the debate on the bill, Finance Minister Nirmala Sitharaman said this legislation is for depositors' safety and not for undermining powers of the Registrar of Cooperative Societies.
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