Business

Real Estate Bill: 5 Big Points of Protection For Home-Owners

The Real Estate Bill aims at protecting home buyers’ interest The Real Estate Bill, which aims at protecting home buyers’ interest, moved closer to becoming law after it was cleared in the Rajya Sabha on Thursday. The bill, designed to bring transparency and accountability to the realty sector, is expected to revive investor and buyer confidence. Here are five ways ... Read More »

India Need to Keep Reform Momentum Going: Jaitley

New Delhi: As the global environment becomes extremely difficult and challenging, India will need to keep the reform momentum going while putting resources in areas where it lacks, Finance Minister Arun Jaitley said today. Speaking at the opening day of the three-day India-IMF Conference ‘Advancing Asia: Investing for the Future’, he hoped to get through some important measures over the ... Read More »

Pay Hikes in 2016 to be Slightly Lower at 10.3%: Study

New Delhi: Employees in India can expect an average pay increase of 10.3 per cent across various job roles in 2016 with chemicals and high technology industries likely to lead the market in terms of salary hikes. According to a research by Hay Group division of Korn Ferry, the 10.3 per cent pay rise across sectors represents a slight dip ... Read More »

Missing Noida-Based Fashion Designer Left Home After Dispute: Police

Shipra Malik had gone missing from Delhi on February 29. New Delhi:  Highlights 29 year old Shipra Malik went who missing on Monday, found in Gurgaon UP police say she left home voluntarily after a family dispute Malik returned on learning that her family had filed ‘missing’ complaint A Noida-based fashion designer who went missing mysteriously has been found in ... Read More »

Alkem Labs Jumps 5%; Gujarat Unit Gets USFDA Nod

Mumbai: Shares of Alkem Labs today went up by over 5 per cent after the company said one of its manufacturing plants in Gujarat has obtained establishment approval from US health regulator USFDA. The stock climbed 4.91 per cent to Rs 1,377.75 on BSE. On NSE, it soared 5.16 per cent to Rs 1,379. “Its manufacturing plant at Mandva, Gujarat, ... Read More »

Sensex, Nifty Edge Lower on Profit-Taking After Four-Day Rally

Mumbai: Indian stock markets edged lower on Tuesday for the first time in five days as investors booked profits in banking shares such as State Bank of India amid cautious trading ahead of major central bank meetings. Asian stock markets also wobbled, after they hit a two-month high in the previous session, ahead of the European Central Bank’s policy review ... Read More »

Sensex Ends Rangebound Session on a Flat Note

The Sensex and Nifty ended Tuesday’s rangebound session on a flat note as losses in banking and IT stocks offset the gains registered in metal and oil & gas stocks. The Sensex ended 13 points higher at 24,659 and Nifty ended slightly unchanged at 7,485 against its previous close. In the intraday deals, the Sensex touched high of 24,793 and ... Read More »

Who’s Next? Asia Investor Activism Set to Grow After BlackRock Public Campaign

Hong Kong: Following a rare public campaign, BlackRock Inc voted against a deal planned by a Hong Kong firm that the world’s biggest asset manager partly owns, revving up investor activism in Asia after it roared ahead in 2015. In a ballot on Tuesday, BlackRock rejected G-Resources Group Ltd’s plan to sell its main asset, an Indonesian gold mine, saying ... Read More »

Sensex Rallies 464 Points on Buying in Banking Shares

The stock markets rallied for the second straight day on Wednesday on the back of buying in banking shares. The Sensex surged 464 points to close at 24,243 and Nifty rose 147 points to close at 7,369. Banking shares came in high demand after the Reserve Bank of India said it would ease capital requirement rules. Investors also drew comfort ... Read More »

Goldman Sachs Remains Bullish, But Cuts Nifty Target To 8,200

Global investment bank Goldman Sachs has reaffirmed its overweight stance on India, days after presentation of Union Budget 2016. However, the investment bank has revised its December Nifty target to 8,200 from 8,600 earlier. This still implies a 10 per cent upside from current Nifty levels of around 7,400. Goldman Sachs expects the upside in Nifty to be driven by ... Read More »