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3:30 pm Market Closing: The market closed mildly higher amid volatility ahead of two-day US Federal Reserve meeting beginning later in the day. (58-0)
2:40 pm New Telecom Policy: Union Minister Manoj Sinha said the new telecom policy is almost ready and will be brought in the next session of Parliament after a Cabinet nod. (45-0)
12:42 pm Market Update: The market continued to trade higher with the Sensex rising more than 100 points and was trading above the 33,000 levels. Investors looked for cues from the two-day US Federal Reserve meeting beginning later in the day. (43-0)
11:24 am Market Update: The market continued to trade higher with the BSE Sensex rising around 100 points amid volatility ahead of the US Fed's key policy meet that begins later in the day. (43-0)
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)
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)
Vedanta shares fell as much as 7.6 percent in morning on Tuesday after the stock adjusted for interim dividend announced last week.
Our Bureau Billionaire Anil Agarwal-owned Vedanta, a diversified natural resources company, has announced its highest-ever interim dividend of ₹21.20 an equity share, leading to an outflow of ₹7,881 crore in this financial year.
Cairn Energy Plc ADR (OTCPK:CRNCY) Q4 2017 Earnings Conference Call March 13, 2017 4:00 AM ET (16-0)
New Delhi: Final hearing in Cairn Energy Plc.’s challenge to a Rs10,247 crore retrospective tax demand raised by India will begin in August in The Hague, the British firm said on Monday.
The board of directors of Vedanta has approved an interim dividend of ₹21.20 per equity share for 2017-18. The record date for the payment of dividend is March 21, 2018.
Mumbai: Videocon Industries Ltd plans to raise as much as Rs30,000 crore by selling its stakes in oil blocks in Brazil, as part of the debt-laden company’s plan to repay bank loans. (3-0)
The banking sector has been grappling with a host of challenges in recent years. The year 2017 was no different. Sluggish loan growth, rising bad loans and weak earnings continue to plague the sector. (30-0)
British oil explorer Cairn Energy on Tuesday said the final hearing in the arbitration, which it has initiated against a Rs 102.47 billion (Rs 10,247 crore) retrospective tax demand raised by India, will begin in August. In an operational update, Cairn said the three-member international arbitration tribunal has indicated that it will expeditiously draft the award after the hearing. Cairn has taken the arbitration route against the Indian government, which used a new law giving it powers to impose taxes retrospectively for slapping a Rs 102.
New Delhi: British oil explorer Cairn Energy Plc. on Tuesday said the final hearing in the arbitration, which it has initiated against a Rs10,247 crore retrospective tax demand raised by India, will begin in August.