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22 September, 2017 3:02 PM Sensex tanks 448 points on global sell-off, falling rupee

Stocks ended the week on a distinctly bearish note after the Sensex tanked 447 points — the biggest fall in over nine months - and the Nifty ended below the 10,000 level today as renewed geopolitical worries about North Korea rattled investors. The rupee hit near six-month low against the dollar in day trade which dampened the sentiment further 19

22 September, 2017 10:07 AM Closing Bell: Sensex ends nearly 450 pts lower, Nifty breaches 10,000; midcaps tank

3:30 pm Market at Close: Equity benchmark indices witnessed a carnage on Friday, with the Sensex ending nearly 450 points lower, while the Nifty breached 10,000-mark, falling over 150 points. The Sensex closed down 447.60 points at 31922.44, while the Nifty ended lower by 157.50 points at 9964.40. The market breadth was negative as 524 shares advanced 24

20 September, 2017 4:46 AM RIL Surges 4% After Telecom Regulator Slashes Interconnect Charges

Telecom regulator TRAI on Tuesday said that interconnect usage charges (IUC) for mobile calls will be cut to 6 paise a minute from 14 paise, effective October 1. It then plans to abolish the fee entirely from the start of 2020. Shares of Reliance Industries surged around 4 per cent to Rs 872 today after telecom regulator TRAI (Telecom Regulatory Authority 44

19 September, 2017 10:54 PM Congress promises farmers total debt waiver

Gandhinagar: The Congress on Tuesday launched 'Navsarjan Khedut Adhikar Abhiyaan' to woo farmers ahead of the upcoming state assembly elections. The party has promised to waive all debt of farmers, provide free water and 16 hours of electricity a day. The party has also promised to give the 'minimum support price' (MSP) as given earlier by the previous 43

18 September, 2017 10:23 PM Dawood’s brother Iqbal Kaskar held for threatening builders

MUMBAI: Fugitive gangster Dawood Ibrahim's younger brother Iqbal Kaskar (60) was arrested by the quick response team of Thane police late Monday evening after a builder lodged a complaint of extortion against him. The only one of 11 siblings of Dawood to be currently based in the city, Kaskar was held from his residence at Pakmodia Street by a 40-member 53

17 September, 2017 10:25 AM US Air Force marks 70th anniversary

Formed in 1947, the US Air Force operates over 5,000 military aircraft, with over 300,000 active duty personnel as of 2017.  Washington: The US Air Force staged an aerial show at a military base to commemorate its 70th anniversary. The two-day show, which started Saturday in Joint Base Andrews in Camp Springs, Maryland, featured the Thunderbirds, an aerial 32

15 September, 2017 4:54 PM External debt at $471.9 bn in FY17, falls 2.7% from last year

Long-term debt declines 4.4%, short-term debt drops 5.5% Total external debt for the financial year 2016-17 stood at $471.9 billion, declining 2.7% from the previous year’s level, according to official figures released on Friday. “India’s external debt stock stood at $471.9 billion at end-March 2017, decreasing by $13.1 billion (2.7%) over the level 20

15 September, 2017 11:15 AM Piramal to raise Rs 600 cr via NCDs

Piramal Enterprises today said a committee of its board today approved raising of up to Rs 600 crore by issuing non-convertible debentures (NCDs) on private placement basis. It said in a BSE filing that the issue size is up to Rs 200 crore, with an option to retain over-subscription of Rs 400 crore, "aggregating the total issue size to Rs 600 crore" 27

11 September, 2017 8:53 AM 'A Human Problem Of High Magnitude': Supreme Court Sides With Jaypee Homebuyers

The Supreme Court directed the managing director of real estate company Jaypee Infratech - as well as the company's parent JP Associates - not to leave the country without the top court's permission. Describing the turmoil faced by flat buyers of Jaypee Infratech a "human problem of high magnitude", the Supreme Court today directed the managing director 31

8 September, 2017 7:14 PM Police rescue kidnapped minor in 15 hours

An 11-year-old boy, who had been kidnapped on Thursday evening, was rescued within 15 hours. Of the six arrested, the prime accused knew the boy and allegedly kidnapped him to extort ₹1 crore from the father, a cloth merchant. The accused, Manjunath B., is a native of Kunigal. He owned a juice centre in Malleswaram, which was near a playground where 22