Markets back in red amid foreign fund outflows

Benchmark indices Sensex and Nifty ended marginally lower on Tuesday as uninterrupted foreign fund outflows and slowdown in corporate earnings  continued to hit investors’ sentiment. Photograph: Francis Mascarenhas/Reuters After a day’s breather, the 30-share BSE benchmark Sensex ended 29.47 points

SEBI cancels registration of 19 defunct FVCI companies

New Delhi:  Capital markets regulator SEBI on Tuesday cancelled the registration of 19 defunct FVCI (Foreign Venture Capital Investors) after they failed to meet the eligibility criteria. Company Value Change %Change The 19 entities include Axis Capital Mauritius, Axis India

BSE SME stock hits 5% upper circuit despite weak bias on Dalal Street. Do you own?

Small-cap stock Nisus Finance Services share price hit 5 per cent upper circuit on Tuesday after the company announced that its Dubai-based fund advisor Nisus Finance Investment Consultancy FZCO has retained Houlihan Lokey, a leading global investment bank to assist

Should depositors put money in co-operative banks?

The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay

Exports contracts; trade deficit widens to $23 bn

India’s exports declined for the third month in a row in January, falling by 2.38 per cent year-on-year to $36.43 billion, while the trade deficit widened to $22.99 billion in the month. Photograph: Tatiana Meel/Reuters Imports rose by 10.28 per

India, US to finalise broad contours of proposed trade deal soon

India and the US will sit together in the next couple of weeks to decide on the nature of the proposed trade agreement and finalise its broad contours, a senior official said on Monday. Photograph: Dado Ruvic/Reuters During the recent

Fag-end buying helps Sensex climb 58 points

Stock markets snapped the eight-day losing run on Monday with benchmark Sensex closing higher by 57 points on the back of value buying in blue-chip stocks HDFC Bank and Reliance Industries. Helped by fag-end buying, the 30-share BSE Sensex climbed

Anant Raj partners with CSC Data Services for data centre and cloud solutions

Realty firm Anant Raj Ltd on Monday (February 17) said its wholly-owned subsidiary Anant Raj Cloud Private Ltd has signed an agreement with CSC Data Services India Ltd (CDSIL), a subsidiary of CSC E-Governance Services India Ltd. Company Value Change

Defence stocks lift FTSE 100, Assura jumps

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) FTSE 100 up 0.2%, FTSE 250 up 0.2% Assura rejects $2 billion proposal, shares climb Defence stocks jump on pressure

Sarbananda Sonowal: ‘MDF to generate Rs 1.5 trillion investment by 2030’

‘Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.’ IMAGE: A view of the newly commissioned three frontline naval combatants INS Surat, INS Nilgiri and INS Vaghsheer to the nation by Prime Minister