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Month: June 2019

Govt to hit the pedal on e-cars, sets road map for next 7 years

Govt to hit the pedal on e-cars, sets road map for next 7 years

India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meetings to discuss new…

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D-Street Buzz: TCS, Bharti Airtel jump 2% each; RIL most active, autos drag

D-Street Buzz: TCS, Bharti Airtel jump 2% each; RIL most active, autos drag

Benchmark indices have extended the morning gains, up close to 1 percent each with Nifty adding 91 points and is trading at 11,952 while the Sensex jumped 345 points and is trading at 39,847 mark. Nifty Energy is up over a…

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Stocks in the news: Tata Motors, Wipro,SAIL, Music Broadcast, PFC, Tiger Logistics, Reliance Nippon

Stocks in the news: Tata Motors, Wipro,SAIL, Music Broadcast, PFC, Tiger Logistics, Reliance Nippon

Here are the stocks that are in news today: Tata Motors: Group May total global wholesale sales down 23 percent at 82,374 units YoY. JLR global sales at 39,895 units. SAIL: Company likely to auction…

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Explainer: Can European steel forge a strategy to withstand U.S. tariffs?

Explainer: Can European steel forge a strategy to withstand U.S. tariffs?

By Barbara Lewis and Eric Onstad LONDON (Reuters) - Steelmakers in Europe have been hit by falling demand and rising supply as auto-sector consumption has fallen and U.S. steel tariffs have disrupted shipments. Britain's second…

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Sensex tanks 554 points, Nifty slips below 12,000-mark despite RBI rate cut; Yes Bank, SBI, L&T, Tata Steel among top losers

Sensex tanks 554 points, Nifty slips below 12,000-mark despite RBI rate cut; Yes Bank, SBI, L&T, Tata Steel among top losers

Mumbai: The BSE benchmark Sensex plunged 554 points on Thursday, dragged down by losses in banking, energy and capital goods stocks even as the RBI cut the policy rate to shore up growth. Slashing benchmark lending…

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After Market: Who moved my Sensex and 62 stocks throw up bearish signal

After Market: Who moved my Sensex and 62 stocks throw up bearish signal

NEW DELHI: Headline indices Sensex and Nifty closed in the negative zone on Friday dragged down by losses in bank, metal, energy and auto shares. Giving up early gains, the market experienced a fresh wave…

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World’s top steelmaker to cut output further in Europe

World’s top steelmaker to cut output further in Europe

LONDON (AP) The world’s largest steel maker, ArcelorMittal, on Wednesday announced further cuts to production at several plants in Europe due to weak demand and high imports, reflecting troubles in the wider industry. The Luxembourg-based…

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Sensex, Nifty gain for 3rd day on rally in RIL, TCS

Sensex, Nifty gain for 3rd day on rally in RIL, TCS

Sensex and Nifty failed to shut shop above 40,000 and 12,000 levels, respectively, hit during the session, but gained for a third straight day as index heavyweights ICICI Bank, Reliance and TCS logged gains. BSE…

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D-Street Buzz: Over 200 stocks hit 52-week low on BSE; JSPL, YES Bank down 3-4%

D-Street Buzz: Over 200 stocks hit 52-week low on BSE; JSPL, YES Bank down 3-4%

The Indian benchmark indices continues to trade on a negative note in this afternoon session with Nifty down 47 points at 11,794 while the Sensex shed 162 points and is trading at 39,423 level. Nifty Metal is down 1.5 percent dragged…

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SFIO Chargesheet: ‘IFIN audit panel connived with management to misrepresent a/c’

SFIO Chargesheet: ‘IFIN audit panel connived with management to misrepresent a/c’

The Committee did not look into the issue of diminution of investments in various IL&FS group companies and violation of related party transaction (RPT) framework. In its chargesheet filed in the case involving IL&FS Financial…

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