Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico,
India’s forex reserves dropped by $1.78 billion to $638.7 billion in the week ended February 28, the RBI said on Friday. Photograph: Lee Jae-Won/Reuters The overall forex kitty had jumped by $4.76 billion to $640.48 billion in the previous reporting
Equity benchmark indices Sensex and Nifty surrendered early gains to close almost flat in a highly volatile trade on Friday as uncertainties over the global trade war sapped investor’s risk appetite. Snapping its two-day winning streak, the 30-share BSE Sensex
Eris Lifesciences Ltd on Thursday (March 6) said it has transferred its 100% holdings in Eris Oaknet Healthcare Private Ltd (EOHPL) and Aprica Healthcare Ltd (AHL) to Eris Therapeutics Ltd (ETL), a wholly-owned subsidiary, as part of its internal restructuring.
Investment word of the day: It is important to assess a company’s financial health, ability to take risks, and growth potential before making investment decisions. One way to check a company’s financial health is to check its debt-to-equity ratio. What
In September last year, India received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividend earned outside India. Kindly note the image has been posted only for representational purposes. Photograph: Kind
In a first for a major corporate house, engineering, procurement and construction major Larsen and Toubro on Thursday announced a one-day paid menstrual leave for women employees. Photograph: Shailesh Andrade/Reuters The move will benefit about 5,000 women employees at the
India’s job market continued its upward momentum in February, witnessing 41 per cent year-on-year growth mainly driven by freshers hiring, a report said on Thursday. In February, fresher hiring rose by 26 per cent year-on-year (YoY) reflecting sustained employer demand
Benchmark stock index Sensex rallied nearly 610 points to reclaim the 74,000 mark while Nifty closed above 22,500 in their second day of gains on Thursday following heavy buying in Reliance Industries on easing crude oil prices. Photograph: Shailesh Andrade/Reuters
State-owned RITES Ltd on Thursday (March 6) said it has received a letter of acceptance (LoA) from South Central Railway for conducting the final location survey for high-speed elevated rail corridors between Hyderabad-Bengaluru and Hyderabad-Chennai. “…we are pleased to inform
