Business

The 30-share Sensex climbed 162.56 points, or 0.42 per cent, to 38,050,12 in early trade on Thursday, breaching its previous intra-day record of 37,931.42 hit on Wednesday.

IKEA's Hyderabad store has come up with an investment of Rs 1,000 crore and will house a 1,000-seater restaurant, IKEA's largest.

Last month, IFC had committed USD 100 million in Mahindra Financial Services to increase loans to farmers for buying tractors, commercial vehicles, and other equipment for modern farming.

Richest Indian Mukesh Ambani-led RIL was the top private sector company from India as it jumped from 203rd rank last year to 148th. It had a revenue of USD 62.3 billion in 2017-18.

In a written reply, Minister of State for Finance Shiv Pratap Shukla said between July 2017 and June 2018, a total of 1,205 cases of tax evasion were detected involving Rs 3,026.55 crore.

The consolidated revenue of Tech Mahindra stood at Rs 8,276.3 crore in the quarter under review, up 12.8 per cent from Rs 7,336.1 crore in the year-ago period, as per Indian Accounting Standards.

TCNS Clothing Company sells its products under W, Aurelia and Wishful brands. Price band for the offer was set at Rs 714-716 per share.

The FICC Markets Standards Board (FMSB), created after banks were fined for trying to rig currency markets, reviewed behaviour in 390 cases of market misconduct going back to a US debt securities squeeze in 1792.

Selling of the American currency by exporters and banks and a higher opening in the domestic equity market boosted the rupee, forex dealers said.

The ICA is being signed by 22 public sector banks (including India Post Payments Bank), 19 private sector banks and 32 foreign banks. Besides, 12 major financial institutions (FIs) and intermediaries, like LIC, HUDCO, PFC and REC, are also signatories to...

Walmart plans to set up its 'Best Price' stores at various locations in the state, including Kanpur Muradabad, Varanasi, Gorakhpur, Sharanpur, Lucknow, and Ghaziabad.

The US dollar has been climbing against major currencies for several months, with the dollar index up nearly 7.0 percent over the last three months and on Thursday hit a one year high.

The Parliament on Friday will debate a no-confidence motion tabled by opposition parties against Prime Minister Narendra Modi's government, which contributed to forex market sentiment.

Brent crude futures had fallen 21 cents, or 0.3 percent, to $72.69 a barrel by 0615 GMT. West Texas Intermediate (WTI) crude futures declined 7 cents, or 0.1 percent, to $68.69.

The Sensex swung about 427 points on alternate bouts of buying and selling during the volatile session.

Thyssenkrupp has been under pressure from activist investors such as investment firm Cevian, an 18 percent shareholder.