Market valuation: Mcap of six of top 10 firms tumbles by Rs 1.36 lakh crore; Reliance takes biggest hit
Amidst a weak equity market sentiment, six of India's top ten companies experienced a significant market capitalization erosion, totalin...
Showing posts with label August 09. Show all posts
Showing posts with label August 09. Show all posts
Railways launches 20% rebate on return tickets to ease Diwali-Chhath festival rush
To ease Diwali and Chhath rush, railways introduces a 'Round Trip Package' offering a 20% fare rebate on return journeys booked toge...
US FDA approves first nasal spray for allergic reactions
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'Ant deal to give Sharma 24.3% voting rights control'
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Govt mulls options to impose carbon tax on some imports
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SIP mop-up in July topped entire year’s figure for FY14
What took a year for SIP mop-up a decade ago, now needs just a month. Systematic investment plan contributions crossed the Rs 15,000-crore m...
'Hero MotoCorp faces tax probe over links to vendor'
The Directorate General of Goods and Services Tax Intelligence (DGGI) is investigating motorcycle maker Hero MotoCorp’s relationship with ve...
Tycoon who gave away $750 million sees profit in loans to poor
R Thyagarajan is the founder of Shriram Group, a multi-billion dollar conglomerate that employs 108,000 people and operates in everything fr...
Govt to sell additional 50 lakh tons wheat, 25 lakh tons rice in open market
The government has decided to sell 50 lakh tonnes of wheat and 25 lakh tonnes of rice from the central pool in the open market to contain th...
IndiGo starts flights between Delhi and Tbilisi
IndiGo has commenced direct tri-weekly flights to Tbilisi from Delhi, starting from August 8, its officials said on Tuesday. The city, which...
Elon Musk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal
https://ift.tt/zXW1Yp0 August 10 Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle make...
Asian shares fall as investors brace for inflation report
Stocks fell across Asia and the dollar steadied on Wednesday as investors were reluctant to make moves ahead of the release of US inflation...
Sri Lanka raises electricity tariffs by up to 264%
Sri Lanka's state-run electricity monopoly will raise tariffs by a stinging 264 per cent for people consuming the least, it announced Tu...
HPCL, Honda join hands to boost electric mobility
Hindustan Petroleum Corporation Ltd (HPCL) and Honda Motor have joined hands to set up battery swapping stations for electric vehicles at t...
10-year bond yield seen touching 7.60% in near term
The yield on the 10-year benchmark Indian government bond could revisit its recent high of over 7.60% in the medium term as the central bank...
Gold ETFs log Rs 457 crore outflow in July
Gold Exchange Traded Funds (ETFs) witnessed a net outflow of Rs 457 crore in July as investors parked their money in other asset classes as ...
PSU insurers book Rs 26,364 cr loss for health portfolio in last 5 yrs
All four public sector insurers incurred losses of Rs 26,364 crore in the health insurance portfolio for the last five years due to higher c...
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