Business
Promoters' Feud Has 'Zero Impact' on IndiGo, Says CEO Ronojoy Dutta
The differences between co-founders and co-promoters came to the fore in July after Gangwal sought market regulator Sebi's intervention to address alleged corporate governance lapses at the company.
In Minor Relief, Wholesale Price-based Inflation Eases to 0.16% in October
The annual inflation, based on monthly wholesale price index (WPI), was at 5.54 per cent in October 2018.
Sensex, Nifty Start on Tepid Note as Weak Global Equities Keep Investors on Edge
Top gainers in the Sensex pack included Yes Bank, TCS, RIL, HCL Tech, Asian Paints, HUL and HDFC Bank, rising up to 2.05 per cent.
Govt's MMTC to Import Substantial Quantity of Onions to Check Price Rise
Onion prices have risen sharply for more than a month due to tight supply. The retail prices have increased up to Rs 100 per kg in the national capital and ruling in the range of Rs 60-80 per kg in other parts of the country.
Rupee Slips by 30 Paise to 71.27 Against Dollar as Moody's Cuts India Rating Outlook to Negative
Moody's Investors Service has changed the outlook on India's ratings to 'negative' from 'stable', saying there was increasing risks that economic growth will remain materially lower than the past.
Bajaj Electricals Shares Continue to Slide for a Second Day after Q2 Results
The stock has fallen nearly 33% in the past one year compared with a 13% rise in the benchmark Nifty 50 index.
Adani Group Battles for Stake in Mumbai Airport, Bombay HC Refuses Interim Relief
Adani Group had approached the high court in September seeking execution of its agreement with Bid Services Division Mauritius ('Bidvest'), for sale of Bidvest's 13.5 per cent stake in the airport to Adani.
Realty Stocks Jump as Nirmala Sitharaman Hints at Booster Shot for Real Estate Sector
The Nifty Realty Index jumped over 3%, with stocks like Godrej Properties, Indiabulls Real Estate, Sobha, DLF, Sunteck Realty and Prestige Estate Projects gaining 2-6%.
Punjab National Bank Shares Drop by 5.8% After Q2 Results
The PNB shares closed the session at Rs 64.60, down 5.3%, after hitting an intra-day low of Rs 64.25.
Yes Bank, Bajaj Finance, Punjab National Bank Among Key Stocks in Focus Today
Yes Bank Ltd shares jumped nearly 9% after renowned investor Rakesh Jhunjhunwala bought 0.5% stake in bank for around Rs 87 crore.
McDonald's HR Chief Exits After CEO Ousted for ‘Consensual’ Relationship With Employee
David Fairhurst, who joined McDonald's in 2005 and was named chief people officer at the restaurant chain in 2015, left the company, a McDonald's spokeswoman said.
Give or Take a Trillion: Ahead of IPO, Investors Still in The Dark on Saudi Aramco Value
The state oil giant, the world's most profitable company, fired the starting gun on a domestic initial public offering on Sunday after a series of false starts that had kept the investment world guessing.
India Decides Not to Join World's Largest Free Trade Agreement RCEP, Says Can't Compromise Core Interests
PM Modi said When he measures the RCEP Agreement with respect to the interests of all Indians, he does not get a positive answer.
Housing Sales Drop by 9.5% in July-September Across 9 Cities, Chennai Tops List: Report
This is the fourth such report that has shown fall in housing sales during the third quarter of the 2019 calendar year.
The Moneycontrol Pro Great Diwali Discount is Closing Ahead of Schedule, Subscribe Now
For those new to the story, Moneycontrol Pro is the premium subscription service from Moneycontrol, part of the Network18 Group.
Indian Oil Corporation Stock Down over 4% After Disappointing Q2 Earnings
Indian Oil Corp on Thursday reported an 83 per cent plunge in second quarter net profit on the back of slump in refinery margins and inventory losses.