Business
Global cues, value buying lift equity indices

MUMBAI: Positive global cues pushed the key Indian equity indices -- the NSE Nifty50 and the BSE Sensex -- higher during the early morning trade session on Tuesday.

Banks need to pay 3% IGST on bullion imports: CBEC

NEW DELHI: Banks will have to pay 3 per cent Integrated Goods and Services Tax (IGST) on imports of gold and silver, which can be claimed as input tax credit, the Central Board of Excise and Customs (CBEC) said on Monday.

Global cues, selling pressure pull equity indices lower

MUMBAI:  Negative global cues and heavy selling pressure in index heavyweights such as Infosys, ONGC and Tata Motors among others pulled the key Indian equity indices -- the NSE Nifty 50 and the BSE Sensex -- lower on Monday.

Nationalised banks to down shutters on Tuesday

LUCKNOW: All nationalised banks here will be closed on Tuesday, the All India Bank Officers Confederation said on Sunday.

GST to enable brand licensing industry to grow in India

MUMBAI: The implementation of Goods and Services Tax (GST) will enable brand licensing industry to grow in India and also allow retail industry to start respecting intellectual property rights, an official said on Sunday.

Global cues, FIIs' fund movement to steer equity markets

NEW DELHI: Global cues and direction of foreign funds' flows are expected to affect the movement of key equity indices during the upcoming week, market observers opined.

'Over 30 lakh LED street lights installed, 50k of roads illuminated'

NEW DELHI: The government on Saturday said that the Street Lighting National Programme (SLNP) has achieved installation of over 30 lakh LED street lights across the country to illuminate 50,000 km of road.

Infosys to buy back 11.3-crore shares at Rs 1,150 each

Bengaluru: Global software major Infosys Ltd on Saturday announced that it would buy back 11.3-crore shares of Rs 5 face value at Rs 1,150 ($18) per share via a tender offer at an outlay of Rs 13,000 crore.

PNB, HDFC Bank to revise interest rates on savings accounts

NEW DELHI/MUMBAI: Banking majors -- PNB and HDFC Bank -- on Thursday said that they will reduce interest rate by 0.5 per cent on saving bank deposits of below Rs 50 lakh to 3.5 per cent per annum with effect from Saturday.

Key Indian equity indices trade lower in early session

MUMBAI:The key Indian equity market indices opened in red on Friday following global cues.

Vishal Sikka quits as Infosys CEO, MD

BENGALURU:  Vishal Sikka on Friday resigned as the Chief Executive Officer (CEO) and Managing Director of global software major Infosys Ltd, the company announced.

Key Indian equity indices trade higher in afternoon session

Mumbai, The key Indian equity indices was trading higher in the afternoon session on Monday.

Reliance Defence to change name to Reliance Naval and Engineering Ltd

Mumbai,  Reliance Infrastructure controlled Reliance Defence and Engineering Ltd (RDEL) is all set to change its name to Reliance Naval and Engineering Ltd (RNEL).

Coal India to incur Rs 8,500 cr capital expenditure in 2017-18

Kolkata,  Coal India Ltd (CIL), which produces 84 per cent of the country's total output of the mineral, has planned to invest Rs 8,500 crore as capital expenditure in 2017-18, its latest annual report said.

Air Berlin files for insolvency after Etihad withdraws financial support IDBI Bank reports Rs 853 cr net loss for Q1 India's retail inflation rises in July to 2.36% Global cues subdue equity indices to 5-week lows; metals, banks slump SBI standalone net profit at Rs 2,005 cr, NPA shoots up SBI Q1 net profit surges 436% per cent post merger Government has not written off any corporate loans: FM Naidu's experience will help to run RS effectively: Jaitley Passenger car sales up 9% in July Ashok Leyland gets over Rs 120 cr order for 500 vehicles Did not act under CBI pressure: Vaghela Ministries want cut in biodiesel GST, biofuels policy Key Indian equity market indices open lower SAP India to prepare 1.5mn digitally skilled workforce by 2020 Big Boy Toyz ventures into merchandise, launches perfume TCL launches two new 'smart' TVs in India Experian appoints Vaishali Kasture as MD for India operations Multiplicity of GST rates is a challenge: Ex-RBI official Global cues, banks stocks drag key equity indices lower Syndicate Bank posts Rs 263 cr net loss for Q1 Income tax returns filed up 25%, advance personal income tax by 42% IT stocks, foreign funds outflow drag Indian equities lower Global AR, VR market forecast to skyrocket over four years Indian equities trade flat, IT, teck stocks slip Appeal to industry to give consumers GST input credit benefit: Jaitley IGNOU mulls setting up 5,000 digital learning centres Tax raids on Karnataka Minister, relatives end Nikon India aims for Rs 1,200 crore revenue in 2017-18 India long way off from ideal GST, may not get there: Bibek Debroy Payback India appoints Gautam Kaushik as CEO
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