India earns Rs 18,000 cr per year from export of basmati rice

Jul 16 2018 | 1 hrs ago

India has earned more than Rs 18,000 crore foreign exchange per year from export of basmati rice, especially from the variety 1121 developed by the country's top agri-institute ICAR, Agriculture Minister Radha Mohan Singh said.

John Laing Infrastructure in talks with funds for possible $1.9 billion buyout offer

Jul 16 2018 | 5 hrs ago

John Laing Infrastructure Fund (JLIF.L) said on Monday it was in talks with a consortium of funds about a possible cash buyout offer that could value the company at 1.41 billion pounds.

The Week Ahead: Earnings, WPI, LIC Board Meet, Allahabad HC hearing, GST Meet & Monsoon session

Jul 15 2018

Indian market rallied last week to touch record highs, rally was mainly helped by RIL, HDFC twins, Kotak Bank & TCS.

India, Pak to be part of anti-terror SCO drill in Russia next month

Jul 15 2018

Militaries of India and Pakistan will be part of a mega anti-terror drill in Russia next month which is being organised by the Shanghai Cooperation Organisation (SCO) with an aim to expand cooperation among the member countries to deal with terrorism and extremism.

Market cap of nine of top 10 most valued cos zoom Rs 1.58 lakh cr

Jul 15 2018

Combined market capitalisation of nine of the 10 most valued companies surged by a whopping Rs 1,58,882.34 crore last week, helped by an overall strong broader market and smart surge in the valuation of Reliance Industries Ltd (RIL).

Markets slip from record to end flat on profit-booking

Jul 13 2018

The BSE Sensex retreated from record high to end flat at 36,541.63 today as investors booked profits in recent gainers despite firm global cues.

BofA says Trump unlikely to take 'hard stance' on Iran

Jul 13 2018

Bank of America Merrill Lynch said on Friday the United States, in the runup to midterm election, is unlikely to take a “hard stance” against Iran, resulting in international benchmark Brent crude to average $70 a barrel in 2018.

Mukesh Ambani is set to become Asia’s richest person

Jul 13 2018

Mukesh Ambani is poised to overtake Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries to disrupt the e-commerce space in India.

Nifty reclaims 11,000-mark, up 74.90 points

Jul 12 2018

The Nifty 50 index rallied by 74.90 points to close at 11,023.20 today on buying in energy, banking, finance service and infra sectors.

RIL's market-cap re-enters $100-bn mark; shares hit 52 week high

Jul 12 2018

Supported by a surge in share prices, stocks of Reliance Industries hit $100-billion market capitalisation mark for the second time after first reaching the landmark level on October 18, 2007.

Indian Markets


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Global Markets


Stocks In News



ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh


In pact with Reliance Nippon to sell Mutual Fund products

Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis


Plans to sell part of se Asia biz as part of strategy to exit non scalable biz

To sell Singapore & Thailand units valuing them at $ 500Mn

Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA

To turn focus to domestic market



Avendus cap-KKR emerge as frontrunner to acquire IDFC MF

Offer of Rs 3,000-4,000 Cr made by FIN services firm


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