Business

Analysts said that though Infosys Q4 numbers were in line with expectations, the IT major's guidance for FY19 growth and operating margin were below estimates.

Geopolitical tensions over Syria and trade war concerns weighed on the domestic unit. But, a weak dollar against major global currencies capped some losses, forex dealers said.

For issuance of debt securities,"the REIT (Real Estate Investment Trusts) or InvIT (Infrastructure Investment Trusts) shall appoint one or more debenture trustee registered with Sebi," the regulator said in a circular.

The ADB now expects China's economy to grow 6.6 percent this year, faster than the bank's prior estimate of 6.4 percent made in December, and by 6.4 percent in 2019.

Also, a higher opening of domestic equities supported the rupee, but the dollar's recovery against some currencies overseas, restricted the local unit's upmove, forex dealers said.

ICICI Chairman MK Sharma had on March 30 revealed that Kochhar was part of the committee that approved loans to the Videocon group, but denied any quid pro quo on the latter’s part.

Participating in a panel discussion organised by industry body CII, Economic Affairs Secretary Subhash Chandra Garg on Sunday said said the government is working on an overseas investment policy with an aim to provide support to Indian businesses which wi...

Punjab National Bank (PNB) was hit by country's biggest ever banking fraud of more than Rs 13,000 crore perpetrated by billionaire diamantaire Nirav Modi and his associates in connivance with some officials of a branch of the bank in Mumbai.

The policy-making body of the tax department said some fields have been "rationalised" in the latest forms and that there is no change in the manner of filing of the ITRs as compared to last year.

The deal would allow Monex to access Coincheck's customer base, which saw a spurt in users as the cryptocurrency sector grew rapidly last year.

When contacted, Paytm Mall COO Amit Sinha said the latest investment led by Softbank and Alibaba reaffirms the strength of the company's business model, growth trajectory and execution capability.

The tech giant's comments follow ITD's freezing its certain bank accounts in the country over a dispute on payment of dividend distribution tax (DDT) running into hundreds of crores.

Saudi Crown Prince Mohammed bin Salman told Reuters that Riyadh and Moscow were considering a longer deal to extend a short-term alliance on oil curbs that began in January 2017 after a crash in crude prices.

Fortis, based in Gurugram, had not yet made a firm decision about the offer, it said in a statement, pushing its shares down 2.5 percent in afternoon trading.

The 50-issue Nifty ended below the psychological 10,000-level by dropping 116.70 points or 1.15 percent to 9,998.05, the lowest closing level in five months.

Old currency notes which include demonetised Rs 500 and Rs 1,000 notes are counted and processed in sophisticated currency verification and processing system.