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Domestic Financial Markets To Remain Shut Today For Mahatma Gandhi Jayanti
Edited by Sandeep Singh | Friday October 02, 2020Trading in the markets will resume on Monday, October 5. In the four-day, holiday-truncated trading week. -
Reliance Retail To Sell 1.4% Stake To Mubadala For Rs 6,248 Crore
Edited by Abhishek Vasudev | Thursday October 01, 2020The deal marks the second significant investment by Mubadala in a Reliance Industries subsidiary, following its purchase of a $1.2-billion stake in Jio Platforms earlier this year. -
Reliance Retail To Sell Rs 6,248-Crore Stake To Abu Dhabi State Fund Mubadala
Reuters | Thursday October 01, 2020, BengaluruMubadala's investment will translate into a 1.40 per cent equity stake in Reliance Retail on a fully diluted basis. -
Mazagon Dock Shipbuilders Initial Public Offer Subscribed 157 Times On Final Day
Edited by Sandeep Singh | Thursday October 01, 2020Mazagon Dock Shipbuilders is the ninth company to have launched its initial public offer so far this year. -
UTI Asset Management Company Public Offer Subscribed Over 2 Times On Final Day
Edited by Sandeep Singh | Thursday October 01, 2020UTI Asset Management Company is the 10th company to have launched its initial public offer so far this year. -
Government Must Persevere With Flexible Inflation Targeting: Viral Acharya
Reuters | Thursday October 01, 2020The central bank and the government agreed in 2015 on a policy framework that stipulated a primary objective of ensuring price stability while keeping in mind the objective of growth. That framework is due for a review in early 2021. -
Gold Rate Firms Near $1,900 Mark On Stimulus Hopes, Weak Dollar
Reuters | Thursday October 01, 2020Gold is often viewed as a hedge against inflation and currency debasement. -
Sensex Rallies 629 Points, Nifty Settles Above 11,400 Led By Banks
Edited by Abhishek Vasudev | Thursday October 01, 2020All the 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Private Bank index's over 4% gain. -
Cash-Starved Lakshmi Vilas Bank Will Not Fail, Says Founder
Suvashree Ghosh and Anto Antony, Bloomberg | Thursday October 01, 2020Lakshmi Vilas Bank's troubles come just months after the rescue of larger private-sector peer Yes Bank Ltd. in what was India's biggest bank bailout. -
Sensex Rallies 629 Points, Nifty Reclaims 11,400 On Unlock 5 Boost
Written by Sandeep Singh | Thursday October 01, 2020The Nifty Media index jumped 2.80 per cent, led by gains in cinema chains PVR and INOX Leisure. -
Stock Market Update: Sensex Rallies Over 600 Points, Nifty Reclaims 11,400 Led By Banks
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Stock Market Updates: The Nifty Bank Index - which tracks shares of 12 major lenders in the country - soared as much as 3.16 per cent during the session, led by ICICI Bank and IndusInd Bank. -
Gold Eases To Trade Near Rs 50,100, But Silver Rises Towards Rs 60,800
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Gold And Silver Rate Today: MCX gold futures dropped to as low as Rs 50,120 during the session, whereas silver futures rose to as high as Rs 60,797. -
Public Provident Fund, Sukanya Samriddhi Schemes Fetch These Returns Now
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Small Savings Schemes: There are currently nine government-run small saving schemes, including the Public Provident Fund (PPF) and the Senior Citizen Savings Scheme (SCSS). -
Rupee Closes At 1-Month High Of 73.14 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 01, 2020Rupee Vs Dollar: The rupee has recovered 5.02 per cent from an all-time low against the dollar registered in April. -
Multiplex Shares Rally As Centre Allows Cinemas To Operate At 50% Capacity
Edited by Abhishek Vasudev (with inputs from Reuters) | Thursday October 01, 2020About 9,500 theatres have remained shut since the nationwide coronavirus lockdown started in late March.
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