Equities plunge on sell-off, Sensex tanks over 500 points

Mar 16 2018

A huge sell-off across all sectors dragged the equity markets further into the negative territory during afternoon session, with the BSE Sensex shedding over 500 points.

Sensex slips 130 pts on weak global cues, Nifty tests 10,300

Mar 16 2018

Sensex was trading 136.94 points, or 0.40%, down at 33,548.60. The gauge lost 232.40 points in the previous 3 straight sessions.

Coal linkage rationalisation saved over Rs 3,000 cr: Govt

Mar 14 2018

Rationalisation of sources of coal for power plants under PSUs has resulted in annual savings of Rs 3,354 crore, Parliament was informed.

Nifty ends flat, holds on 10,400-level despite volatility

Mar 13 2018

The broader NSE Nifty ended on a flat note after a volatile trade amid sluggish global cues ahead of US inflation data due today.

State-run power giant NTPC launches USD 400 mn bonds

Mar 13 2018

State-run power giant NTPC said it will raise USD 400 million through 10-year dollar-denominated bonds that carry 4.5 percent interest.

Sensex zooms the most in 2 yrs, Nifty above 10,400

Mar 12 2018

Airtel rose the most by 4.68% among Sensex scrips after its board approved raising up to Rs 16,500 cr for refinancing debt and paying for spectrum liabilities.

Sensex surges over 500 points; FMCG, auto stocks gain

Mar 12 2018

The BSE Sensex index surged over 500 points during the afternoon trade session, while the Nifty50 of the National Stock Exchange (NSE) traded over 150 points higher.

NTPC commissions 8 MW small hydro capacity in Madhya Pradesh

Mar 05 2018

NTPC announced commissioning of its 8 megawatt (MW) small hydro capacity at Singrauli in Madhya Pradesh.

NTPC achieves highest ever gross power generation on Feb 28

Mar 01 2018

State-owned power giant NTPC has registered the highest ever gross electricity generation in a single day on February 28, 2018.

CBI registers corruption case against Aurangabad DM

Feb 23 2018

The CBI has registered a corruption case against the district magistrate of Bihar's Aurangabad, Kanwal Tanuj, and others, officials said.

Indian Markets


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Global Markets


Stocks In News



Provident Housing Ltd enters Goa with Adora de Goa an Integrated Resort distric

Project is expected to deliver a Sales Volume of close to Rs 1000 cr over the next 5 years

Group is entering into a management contract with The Park Hotels



Rare Enterprises Buys 3 Cr Shares At Rs 18.37/Sh


Attracts 26 bidders for 51% stake quoting bids between Rs 8000-10,000 Cr

Firms such as ITC, Patanjali Ayurved, Emami Group and Aion Cap are among the bidders

Bidders are bullish on the sector after Govt raise import duties on certain vegetable oils

The govt announced in the budget a hike in import duty to 30-35%

Businessline Reports


TPG Cap and Manipal Health are eyeing controlling stake in the co

Likely to lead to 2 simultaneous open offers leasing to premium offers to attract investors

Will have to buy at least 26% stake through Voluntary open offer as part of takeover code

A 26% shareholding will automatically trigger the mandatory open offer for additional 20%

Business Standard Reports


TRAI issues show-cause notice to co

Seeks details of non-transparent, discriminatory tariffs to consumers

Have to respond till Mar 25

Action to depend on if tariff reported to regulator or not

Notice first one after TRAI issued tariff order on predatory pricing

Economic Times Reports

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