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Market Live: Sensex at day#39;s high, Nifty above 10,100; IT stocks lead recovery

4m moneycontrol
10:40 am Buzzing: Shares in India's Canara Bank tumbled more than 5 percent after the country's federal police filed charges against a former chairman of the state-run bank and others over allegations that the officials helped a company defraud the bank of about USD 10.5 million taken in loans over four years ago. (29-0)

News Live: Train services on Mumbai#39;s Central Railway resume between Matunga CSMT

9m moneycontrol
Train services on Mumbai's Central Railway have resumed between Matunga and Chhatrapati Shivaji Maharaj Terminus. Earlier today, scores of agitated students demanding jobs in the railways blocked traffic at 7 am in the morning, forcing the railways to stop the suburban as well as express train in the affected section between Matunga and CSMT. "There has been no recruitment since last four years. We are struggling from pillars to post. (14-0)

Market Live: Sensex recoups losses, Nifty reclaims 10,100; RIL, HDFC twins, Infosys lead

1h moneycontrol
9:47 am Market Update: The market recouped its opening losses to trade mildly higher, with the Nifty reclaiming 10,100 levels despite weak global cues, aided by Reliance Industries, Infosys, HDFC twins. (29-0)

News Live: Saudi Aramco may list first on Saudi exchange, delaying int#39;l debut

1h moneycontrol
India’s flagship government initiatives have barely spent any of the money allocated to them raising questions about the on-the-ground implementation of Prime Minister Narendra Modi’s most high profile national programs, reports Bloomberg. Although the government insists the figures are wrong, a report from the Parliamentary Standing Committee on Urban Development said Modi’s six top infrastructure initiatives spent on average just 21%, or $1. (14-0)

Indore: IIMI Placements: International package up by Rs 24 Lakh, domestic witnesses Rs 4 Lakh fall

Indore: With Indian economy showing signs of recovery post demonetisation, Indian Institute of Management Indore (IIMI) witnessed 100 per cent placements with a significant increase in average salary of the students. (33-0)

Ambani's Jio Triple Play Deserves to Upend This Cozy Club - Bloomberg

6h bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (10-0)

Closing Bell: Sensex falls 253 pts, Nifty ends below 10,100; Bharti, Tata Steel dip 4%

19h moneycontrol
3:30 pm Market Closing: The market extended previous day's losses, with the Nifty closing below 10,100 levels for the first time since December 2017. (45-0)

Private fuel retailers double petrol, diesel market share

19h moneycontrol
Private fuel retailers like Rosneft-owned Essar Oil and Reliance Industries have doubled their market share in last three years, capturing close to 7 per cent of petrol sales and over 8 per cent of diesel sales. (6-0)

[Opinion] Are Family Firms in the Energy Sector Fueling the Future?

2018-03-18 oilvoice
As Reuters has recently reported, oil production and prices worldwide are feeling the pinch. This gave me cause to reflect on whether family-owned businesses in the energy sector can step up to the plate and drive another generation of growth. (12-0)

M-cap of 6 of top-10 most valued cos drops by Rs 52K cr

2018-03-18 thehindubusinessline
Reliance Industries, TCS, HDFC, HUL, ONGC and SBI saw losses in their market valuation for the week ended Friday. HDFC Bank, ITC, Maruti Suzuki India and Infosys however made gains. (11-0)

Sensex dives 510 pts over trade, political woes

Mumbai : Benchmark indices ended sharply lower as market sentiment was dented after the Telugu Desam Party (TDP) pulled out of the National Democratic Alliance (NDA), leading to concerns about Bharatiya Janata Party’s (BJP) chances at the Lok Sabha elections next year. (24-0)

How Mukesh Ambani views the future of internet in India

2018-03-17 livemint
Mumbai: India is poised to take the lead in internet services in areas such as smart devices, energy, digital transactions, and life-sustaining human values, said Mukesh Ambani, India’s richest man and promoter of Reliance Jio Infocomm Ltd. (3-0)

Sensex slumps 510 pts on RIL, political storm

2018-03-16 thehindubusinessline
Our Bureau Stock market sentiments, already rattled in recent weeks by the Punjab National Bank loan scam and the Adani NPA issue, were further shaken on Friday as tax-related discrepancies came to light at India’s largest private sector company, Reliance Industries. (3-0)

After PNB and Adani, now RIL weighs on sentiment

2018-03-16 thehindubusinessline
PALAK SHAH Even as the Punjab National Bank loan scam or the Adani NPA issue gave sleepless nights to stock market traders for the past few weeks, sentiments were further rattled on Friday as tax-related discrepancies came to light at India’s largest private sector company Reliance Industries. Despite calm in the global markets, the country’s key share indices Sensex and Nifty declined 1.5 per cent during the day. (3-0)

A Case For India And Oil Prices

2018-03-16 seekingalpha
In my previous article, I analyzed the effects of rising U.S shale oil production on oil prices. The WTI and Brent were trading at $61.17 and $64.9 respectively at the time of writing this article. Since last few weeks, analysts have been closely monitoring the increasing crude oil supply from the United States and its effects on OPEC's production cuts. Let us now take a look at one of the crucial factors that will affect the global oil demand in near future According to the International Energy Agency (IEA), world oil demand is projected to increase by 1. (6-0)