Indian Oil stake sale floor price set at Rs 387 a share
The government has set a floor price for the sale of shares in top state-run refiner Indian Oil Corp Ltd at 387 rupees each, the company said, a two percent discount from Friday’s close. At the floor price, the 10 percent stake sale in the company will bring in 93.96 billion rupees (USD 1.4... read more »
Gold surges by Rs.480 to reclaim Rs.27,000 mark
New Delhi: With the wedding and festive season fast approaching, the days of cheaper gold prices seems to be over as the precious metal climbed back to Rs.27,000 mark on Friday. After registering a decline recently, prices shot up by Rs.480 to touch Rs.27,180 at the bullion market. Silver also... read more »
Sensex crashes 1,500 pts: Rs 7 lakh cr wealth wiped out, but it is still a ...
India’s benchmark Sensex took a major pounding on the Dalal Street in early Monday trade, crashing more than 1,000 points, but stock market experts are not painting any bleak picture for local equities yet and instead see steady growth prospects and weak global commodity prices to aid sharp... read more »
Nestle India goes up by nearly 2%, defies broader market trend
Defying the broader market trend on Monday, Stocks of Nestle India gained nearly 2% in morning trade on the bourses. The shares opened at Rs 6,100.00 and surged 1.76% to an high of Rs 6,206.70 on BSE. On the NSE, similar trend was seen as the stock opened at Rs 6,078 and touched an intra-day high... read more »
Reliance Communications rallies after multiple block deals
Shares of Reliance Communications have moved higher by 8% to Rs 62.95, bouncing back 11% from intra-day low on the BSE after multiple block deals were executed in the counter. At 1208... read more »
Bajaj Finance hits lifetime high; surges 30% in one month
Shares of Bajaj Finance were trading higher by 3% at Rs 5,587, extending their month-long rally on the Bombay Stock Exchange (BSE). The stock of non-banking finance company touched a... read more »
Volvo launches S60 T6 in India at Rs 42 lakh
Volvo today announced the launch of S60 T6 petrol variant in India. The vehicle, priced at Rs 42 lakh (ex-showroom Delhi), is powered by a 2.0-litre 4-cylinder petrol engine that is good... read more »
Tesla’s Q2 deliveries surge
Tesla’s second-quarter sales jumped 52 per cent, higher than the company had forecast, giving the Silicon Valley automaker important momentum ahead of the debut of its Model X... read more »
Aetna Agrees to Buy Humana for $37 Billion in Cash, Stock
Aetna Inc. agreed to buy Humana Inc., the second-largest provider of private Medicare insurance, for $37 billion in cash and stock to broaden its health-care coverage. The transaction values Humana... read more »
