Business

Subhash Chandra and Essel Group have been selling assets to pare down debt A U.S. hedge fund has urged media mogul Subhash Chandra to sell his shareholding in his group’s education arm to pave the way for a change in management, according to a person familiar with the matter. Moon …

Domestic stock markets suffered sharp losses on Thursday with benchmark indices hitting their lowest levels in four months, tracking weakness in Asian peers where investors gauged the impact of the coronavirus outbreak on world economy. The S&P BSE Sensex index fell as much as 465.69 points to hit 39,423.27 …

Domestic stock markets started Thursday’s session on a negative note tracking weakness in Asian peers amid concerns about the coronavirus outbreak. That marked a fifth straight session of fall for the Indian markets, a after benchmark indices ended at more than three-week lows. The S&P BSE Sensex index fell as much as …

The first component of the mission will focus on research, innovation and development New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved setting up of a National Technical Textiles Mission with an outlay of Rs 1,480 crore for four-year implementation period in line with the announcement made …

India’s long-term consumption and retail growth drivers will provide strong foundation for future growth. Mumbai: The Indian retail market is estimated to cross $1 trillion-mark by 2025 and top five retailers could take on a bigger slice of the industry, reaching over 10 per cent market share each in the …

Domestic stock markets extended recent losses to a fourth straight day to end at 3-week closing lows, tracking weakness in global peers amid concerns about the prospect of the coronavirus outbreak affecting world economy. The S&P BSE Sensex index ended with losses of 392 points or 0.9 per cent at …

Domestic stock markets extended recent losses to a fourth straight day tracking weakness in global peers amid concerns about the prospect of the coronavirus outbreak affecting world economy. The S&P BSE Sensex index slumped as much as 520.81 points to hit 39,760.39 in late afternoon deals, and the broader NSE …

Reliance Industries, HDFC and ICICI Bank were the top drags on the Sensex Domestic stock markets extended recent losses to a fourth straight day on Wednesday with benchmark indices hitting three-week lows. The S&P BSE Sensex index fell as much as 393.03 points to hit 39,888.17 on the downside …

SBI Cards IPO: Shares will be available for bidding in lot size of 19 shares and multiples of 19 SBI Cards and Payment Services, the credit card arm of State Bank of India (SBI) will unveil its Rs 9,000 crore initial public offering (IPO) for subscription on March 2. The …

The country’s economic growth likely accelerated a touch in the October-December period after its weakest expansion in over six years in the previous quarter, a Reuters poll showed, with a small rebound in rural demand and private consumption expected. Annual gross domestic product growth likely rose to 4.7 per cent …