Sandeep Singh

Ujjivan Small Finance Bank Files For Rs 1,200-Crore IPO

Business | Edited by Sandeep Singh | Monday August 19, 2019

Ujjivan Small Finance Bank Limited has proposed an initial public offer (IPO) worth Rs 1,200 crore, its promoter Ujjivan Financial Services Limited said on Friday. Ujjivan Small Finance Bank's public offer comprises a fresh issue of shares aggregating up to Rs 1,200 crore, Ujjivan Financial Services said after market hours on Friday. Ujjivan Small ...

Sensex Rises Over 300 Points, Sun Pharma Shares Jump: 10 Things To Know

Business | Edited by Sandeep Singh | Monday August 19, 2019

Domestic stock markets started Monday's session on a higher note amid gains in Asian peers. The S&P BSE Sensex index rose as much as 313.54 points to touch 37,663.87 in early trade, and the broader NSE Nifty benchmark moved to 11,129.85, up 82.05 points from the previous close. Buying in financial, information technology and pharmaceuticals sectors...

Sensex, Nifty Trim Losses As Buying Emerges In Auto Sector: 10 Things To Know

Business | Edited by Sandeep Singh | Friday August 16, 2019

Domestic stock markets trimmed losses in late morning deals on Friday as buying emerged in automobile stocks, amid losses in global peers. At 11:00 am, the S&P BSE Sensex index traded 100.24 points - or 0.27 per cent - lower at 37,211.29, while the broader NSE Nifty benchmark was down 24.45 points - or 0.22 per cent - at 11,004.95. A selloff across...

Sensex Falls Over 300 Points, Nifty Below 10,950 Amid Selloff Across Sectors

Business | Edited by Sandeep Singh | Friday August 16, 2019

A selloff across sectors - led by banking, automobile and metal stocks - pulled the markets lower.

With Earnings Behind, Market Volatility Can Be Expected In Near Term: Analysts

Business | Written by Sandeep Singh | Thursday August 15, 2019

With one trading session left, domestic stock markets are set to finish the week on a lower note. While the S&P BSE Sensex index has shed 270.38 points - or 0.72 per cent - in two days, the broader NSE Nifty benchmark is down 80.25 points - or 0.72 per cent. In the previous week, the Sensex and Nifty had clocked gains of 1.25 per cent (463.69 point...

Sun Pharma In Rs 240-Crore Licensing Pact With IICT Hyderabad

Business | Edited by Sandeep Singh | Thursday August 15, 2019

IICT Hyderabad: The deal is for patents related to certain compounds with potential therapeutic activity across multiple indications in Sun Pharma's specialty focus areas, the Mumbai-based pharmaceuticals company said on Wednesday.

Rupee Off 6-Month Low, Ends At 71.27 Against Dollar: 10 Things To Know

Business | Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 14, 2019

The rupee rose to end at 71.27 against the dollar on Wednesday, rebounding from a nearly six-month low registered the previous day. After opening higher against the greenback at 71.00, the rupee appreciated by as much as 55 paise during the session, before giving up most of those gains by the end of trade on Wednesday. Strength in the equity market...

Wholesale Inflation Eases To 25-Month Low Of 1.08% In July

Business | Edited by Sandeep Singh | Wednesday August 14, 2019

The wholesale inflation data comes a day after separate official data showed consumer inflation (gauged by the Consumer Price Index) eased to 3.15 per cent last month, from 3.18 per cent in June.

Consumer Inflation Eases To 3.15% In July

Business | Edited by Sandeep Singh | Tuesday August 13, 2019

The RBI projects retail inflation at 3.1% in the second quarter and 3.5-3.7% in the second half of the current financial year.

Sensex Ends 624 Points Lower, Nifty Gives Up 10,950 Amid Broad-Based Selloff: 10 Things To Know

Business | Edited by Sandeep Singh | Tuesday August 13, 2019

Domestic stock markets suffered sharp losses on Tuesday amid a selloff across sectors barring energy shares, breaking a two-day winning run. The S&P BSE Sensex index fell 623.75 points - or 1.66 per cent - to end at 36,958.16, and the broader NSE Nifty benchmark settled at 10,925.85, down 183.80 points - or 1.65 per cent - from the previous close...

Sun Pharma Profit Up 31% At Rs 1,387 Crore In June Quarter, Shares Jump Over 5%

Business | Edited by Sandeep Singh | Thursday August 15, 2019

Shares in Sun Pharma jumped as much as 5.43 per cent after the earnings announcement.

Passenger Vehicle Sales Plunge 31%, Steepest Fall In Nearly 2 Decades: 10 Points

Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 13, 2019

Domestic passenger vehicles sales in India plunged 30.98 per cent to 2,00,790 units last month, data from industry body SIAM or Society of Indian Automobile Manufacturers revealed on Tuesday. The drop in sales is the worst since December 2000, when the industry sold a fifth of the vehicles it sells currently. The sales report highlighted that passe...

Reliance Industries Shares Stage Biggest Jump In Over 2 Years On Aramco Deal

Business | Edited by Sandeep Singh | Tuesday August 13, 2019

RIL shares were the top percentage gainer on the BSE benchmark in morning session.

Sensex Falls Over 250 Points Amid Selling Across Most Sectors, Reliance Industries Bucks Trend: 10 Things To Know

Business | Edited by Sandeep Singh | Tuesday August 13, 2019

Domestic stock markets started Tuesday's session on a lower note amid weakness in Asian peers. The S&P BSE Sensex index fell as much as 260.63 points to 37,321.28 in early trade, and the broader NSE Nifty moved to 11,041.40, down 68.25 points from the previous close. Sharp losses across sectors barring energy shares dragged the markets lower. Anal...

Removal Of Corporate Social Spending Can Help Revive Growth: Bibek Debroy

Business | Edited by Sandeep Singh | Monday August 12, 2019

Bibek Debroy said that steps such as a three-rate Goods and Services Tax (GST) structure and removal of corporate social responsibility spending could be among the options to revive the economy.