Sensex slides below 17k level in opening trade

The Sensex today tanked over 431 points to trade below the 17,000 level in opening trade on major sell-off by funds and retail investors amid slumping global markets. The 30-share index, which had gained 95 points in the previous session, plunged by 431 points, or 2.52 per cent, to 16,687 points. Al...

Rupee down by 46 paise against doller

The Indian rupee depreciated by 46 paise to 47.32 a dollar in early trade on capital outflows by foreign funds from equities and weakness in other Asian currencies against the dollar. Forex dealers said fresh capital outflows by foreign funds from equities in tandem with melting global markets and w...

Sensex slides below 17,000 level in opening trade

The Sensex today tanked over 431 points to trade below the 17,000 level in opening trade on major sell-off by funds and retail investors amid slumping global markets. The 30-share index, which had gained 95 points in the previous session, plunged by 431 points, or 2.52 per cent, to 16,687 points. Al...

RCom board approves 26 pc stake sale

RCom board approves 26 pc stake sale

Gold prices bounce back to hit all-time high

Gold prices bounced back to hit an all-time high at the bullion market in Mumbai today on heavy stockists and speculative buying and global cues. Standard gold (99.5 purity) shot up by 460 rupees per ten grams to finish at a new peak of 18,795 rupees. Pure gold (99.9 purity) also zoomed by a similar...

BA Cabin crew strike again

Cabin crews at British Airways have gone on strike again. Five more days of strikes got underway today, making it the 18th day of action since March in an increasingly bitter and drawn out dispute. BA says it will operate around 80 per cent of long-haul and 60 per cent of short-haul flights out of L...

Listed cos to increase public shareholding to 25%

The Government has made it mandatory for listed companies to raise public shareholding to 25 per cent with at least five per cent dilution a year---a move that would attract more investors and check price share manipulation. In keeping with the Budgetary promise, the Finance Ministry amended the rel...

Govt. makes 25 % public share holding mandatory for listed companies

The government today made it mandatory for listed companies to raise public shareholding to 25 per cent, with at least five per cent dilution a year, a move that would attract more investors and check price share manipulation. In keeping with the budgetary promise, the Finance Ministry amended the r...

Minimum 25% public holding must for listed companies

The government today made it mandatory for listed companies to raise public shareholding to 25 per cent, with at least five per cent dilution a year, a move that would attract more investors and check price share manipulation. In keeping with the budgetary promise, the Finance Ministry amended the r...