Business Line – Markets

  • ONGC to acquire 51.11% stake in HPCL for ₹ 36,915 cr
    on January 20, 2018 at 11:40 am

    Oil and Natural Gas Corporation Limited (ONGC) has decided to acquire 51.11 per cent shareholding of fellow public sector undertaking, Hindustan Petroleum Corporation Limted. A company statement sa... […]

  • ‘Long-term tax could kill cult of equity investment in India’
    on January 19, 2018 at 5:01 pm

    Long Term Capital Gains (LTCG) tax was fiercely opposed by prominent stock market investors Samir Arora and Shankar Sharma at The Hindu BusinessLine’s pre-Budget panel discussion. Both of them believ... […]

  • SAT refuses to stay SEBI ban on PW
    on January 19, 2018 at 4:19 pm

    However, allows the firm to service existing clients […]

  • Amber IPO subscribed 165 times
    on January 19, 2018 at 4:18 pm

    The initial public offering of Amber Enterprises, the manufacturer of air-conditioners, was subscribed 165.31 times on Friday, the last day of bidding. The IPO to raise ₹600 crore received bids fo... […]

  • Narayana Murthy panel pitches for friendly tax regime for AIFs
    on January 19, 2018 at 4:17 pm

    Recommends social enterprises as a separate category […]

  • Amber IPO subscribed 165 times
    on January 19, 2018 at 4:03 pm

    The initial public offering of Amber Enterprises, the manufacturer of air-conditioners, was subscribed 165.31 times on Friday, the last day of bidding. The IPO to raise ₹600 crore received bids for o... […]

  • Sensex @35K: Beware the BEARS
    on January 19, 2018 at 3:43 pm

    How BEARS — Budget, Earnings, America, Rates, Small-caps — can spoil the bull party […]

  • US output, inventory hold the key to oil’s rally
    on January 19, 2018 at 3:43 pm

    There is a tremendous euphoria over crude oil touching $70 a barrel. While decline in inventory and geopolitical tensions combined to trigger the price rise, positive investor sentiment exacerbated th... […]

  • Imported supplies pound pepper
    on January 19, 2018 at 3:41 pm

    Supply of Sri Lankan pepper at ₹400 a kg has pushed the spot pepper prices further down on Friday.Pepper from the plains was being traded at ₹410, while high range pepper sellers were asking for ₹420.... […]

  • Stockists stay away from edible oils
    on January 19, 2018 at 3:40 pm

    Edible oils market witnessed a dull trading session on extended bearish trend in overseas market amid lack of demand. The volume remained very thin and isolated as stockists preferred to stay away. I... […]

  • NSE organises financial literacy workshops for students
    on January 19, 2018 at 3:40 pm

    The NSE organised financial literacy workshops for millennials and reached out to more than 40,000 students over 200 schools in 15 cities across India in CY2017.NSE introduced ‘FUNancial Quest’, wh... […]

  • Negative trend in pulses
    on January 19, 2018 at 3:39 pm

    Downtrend in pulses and pulse seeds continued amid weak physical demand and buying support from the millers. Besides enthusiastic domestic crop report, availability of huge stock of imported pulse se... […]

  • Galaxy Surfactants IPO opens on Jan 29
    on January 19, 2018 at 3:38 pm

    The initial public offering for 63.31 lakh shares of Galaxy Surfactants will open on January 29 and close on January 31.The IPO is purely an offer-for-sale wherein as many as 307 shareholders, incl... […]

  • New turmeric arrives for sale
    on January 19, 2018 at 3:38 pm

    Nearly 250 bags of new turmeric arrived for sale in the Erode Turmeric Merchants Association sales yard and all of them were sold at a higher price. One or two traders quoted ₹8,300 a quintal for the... […]

  • JM Financial Q3 net zooms 42%
    on January 19, 2018 at 3:38 pm

    JM Financial on Friday reported a 41.73 per cent rise in consolidated net profit at ₹168.1 crore for the third quarter of FY18, against ₹118.60 crore reported in the same year-ago period.The board ... […]

  • Selling pressure dissolves sugar
    on January 19, 2018 at 3:37 pm

    Sugar prices on the Vashi wholesale market declined by ₹15-30 a quintal on higher selling pressure backed by ample supplies. Producers continued selling the commodity at ₹10-15 lower for old stocks. ... […]

  • Lupin: Focus on it drug launches in US
    on January 19, 2018 at 3:33 pm

    Pharma major Lupin on Friday said it has launched Doxycycline Hyclate Tablet USP, 100 mg in the US market. The company’s drug is the AB-rated generic equivalent of Pfizer’s Vibra-Tabs, 100 mg, it add... […]

  • Excel Realty shares: to turn ex-bonus
    on January 19, 2018 at 3:33 pm

    Shares of Excel Realty N Infra will remain in focus on Monday, as they will turn ex-bonus on Tuesday. The board had recommended two bonus shares of ₹10 each for every one existing equity share to ... […]

  • Gruh Fin, Hindustan Oil results on Saturday
    on January 19, 2018 at 3:32 pm

    DCM Shriram, Godawari Power and Ispat, Gruh Finance, Hindustan Oil Exploration, JIK Industries, Lux Industries, Omax Autos and Pudumjee Pulp will announce their results on Saturday for the quarterly... […]

  • Company news
    on January 19, 2018 at 3:02 pm

    Dilip Buildcon on Friday said it has bagged a road project worth ₹360.58 crore in Karnataka from Ircon International. The company has received a letter of award from Ircon for an engineering, procure... […]

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