• 

  RBI appoints Ranjan, Pattanaik as executive directors

  May 13, 2022 19:43 IST

  Prior to being promoted as ED, Pattanaik was an Adviser in the Department of Economic and Policy Research (DEPR), while Ranjan was serving as Adviser-in-Charge of Monetary Policy Department and Secretary to the MPC.

• 

  Markets extend losses to sixth session; Sensex falls 137 points, Nifty below 15,800

  May 13, 2022 16:23 IST

  The 30-share BSE benchmark pared all intra-day gains and declined 136.69 points or 0.26 per cent to end at 52,793.62. During the day, it had rallied 855.4 points or 1.61 per cent to 53,785.71.

• 

  LIC IPO allotment declared, listing on May 17

  May 13, 2022 16:19 IST

  The Initial Public Offering (IPO) of Life Insurance Corporation (LIC) closed on May 9 and shares were allocated to bidders on May 12. The government sold over 22.

• 

  Twitter deal temporarily on hold, tweets Elon Musk

  May 13, 2022 16:00 IST

  Elon Musk had in April signed a $44 billion deal to take over Twitter. The deal was expected to close later this year.

• 

  Reliance Industries is top Indian company in Forbes Global 2000 list

  May 13, 2022 13:30 IST

  Earlier this year, Forbes estimated Mukesh Ambani's net worth to be $90.7 billion, landing him at No.10 on this year's Billionaires list.

• 

  These bluechip stocks are available near 52-week lows, should you buy?

  May 13, 2022 13:39 IST

  Bluechip Stocks To Buy, Bluechip Fund: The current downfall saw many stocks trading at a price that investors would have barely imagined after the marathon rally post-pandemic last year that took the index to 18,604.45.

• 

  Pakistani rupee hits new all-time low

  May 12, 2022 22:45 IST

  The local currency lost Rs 1.7 (or 0.91 per cent) during the day to close at Rs 191.77, surpassing Wednesday's record low of Rs 188.66, The News reported.  

• 

  Steps taken by RBI and govt to cut duration of high inflation: Finmin report

  May 12, 2022 19:12 IST

  RBI in an off-cycle announcement earlier this month hiked the key repo rate -- at which it lends short term money to banks -- by 0.40 per cent to 4.40 per cent to tame inflation. 

• 

  RP-Sanjiv Goenka Group's Spencer’s Retail Q4 loss widens to Rs 42 cr

  May 12, 2022 18:36 IST

  The company had posted a net loss of Rs 34.53 crore for the January-March period a year ago, Spencer’s Retail said in a regulatory filing.

• 

  Who is Campbell Wilson, Air India's new CEO and Managing Director

  May 12, 2022 18:33 IST

  Air India would benefit from Wilson's added experience of having built an airline brand in Asia, N. Chandrasekaran, Chairman, Air India, was quoted as saying in a statement.

• 

  India's retail inflation soars to 7.79%, higher than April last year

  May 12, 2022 18:06 IST

  The Consumer Price Index (CPI) inflation for April 2022 stands at 7.79%. In March, the figures for Consumer price-based inflation jumped to 6.95 per cent.

• 

  Markets plummet as bearish sentiment prevails for 5th day; Sensex, Nifty tumble over 2 percent

  May 12, 2022 16:22 IST

  The 30-share BSE Sensex tumbled 1,158.08 points or 2.14 per cent to end below the 53,000-level at 52,930.31. 

• 

  SC refuses to stay LIC IPO share allotment on pleas by policyholders

  May 12, 2022 15:53 IST

  The LIC IPO which opened on May 4 for retail and other investors is set to be allotted on May 12.

• 

  Life insurers log new business premium growth of 84 pc in April, led by LIC

  May 12, 2022 15:43 IST

  The largest insurer, state-owned LIC's first-year premium or new business premium more than doubled (at a 141 percent rise) to Rs 11,716 crore as against Rs 4,856.

• 

  Tata Sons appoints Campbell Wilson as new CEO and MD of Air India

  May 12, 2022 16:41 IST

  Earlier in February this year, Tata Sons had announced the appointment of former chairman of Turkish Airlines Ilker Ayci as the CEO and MD of Air India. However, he declined to take up the position amid controversies over his views related to India

• 

  NSE co-location case: Delhi court dismisses bail pleas of Chitra Ramkrishna, Anand Subramanian

  May 12, 2022 15:35 IST

  An FIR, in this case, was registered in May 2018, amid fresh revelations about irregularities at the country's largest stock exchange.

• 

  Top hotel industry body wants SEBI to cancel Oyo's IPO

  May 12, 2022 19:43 IST

  FHRAI cautioned that Oyo's IPO will allegedly wipe out public wealth while enriching its founders and key management.

• 

  PAN or Aadhaar mandatory for cash deposits or withdrawals above Rs 20 lakh

  May 12, 2022 12:33 IST

  An assessee needs to mention his/her PAN in all communications with the I-T department and while entering into specified financial transactions.

• 

  AGEL to issue of 2 cr shares worth Rs 3,850 cr to Green Energy Investment Holding

  May 12, 2022 11:58 IST

  Adani Green Energy (AGEL) will issue 2,00,18,198 equity shares of face value Rs 10 each at the rate of Rs 1,923.25 per share for Rs 38,49,99,99,303.50 to Green Energy Investment Holding RSC Ltd

• 

  THIS Saudi company has replaced Apple as world’s most-valued company

  May 12, 2022 11:36 IST

  Saudi Aramco was valued at $2.42 trillion (9.24 trillion riyals) based on the price of its shares at the close of the market on Wednesday.

• 

  LIC IPO allotment today: Check links to know subscription status; latest GMP

  May 12, 2022 9:45 IST

  LIC Allotment Status: LIC IPO Those who have bid for LIC IPO can check their allotment status at BSE website or at the official website of its registrar KFin Technologies Limited. LIC IPO GMP has turned negative. 

• 

  Sensex falls 800 points, Nifty below 15,900 on weak global cues

  May 12, 2022 11:00 IST

  Equity benchmark indices opened on a negative note on Thursday with the Nifty slipping below the 16,000 and Sensex falling nearly 850 points.

• 

  Sensex spirals lower for fourth day; bank stocks buck trend

  May 11, 2022 19:43 IST

  Unabated selling by foreign institutional investors and a jump in crude prices also weighed on sentiment, traders said.

• 

  Delhivery IPO subscription opens today: Check price band, latest GMP

  May 11, 2022 11:40 IST

  Delhivery IPO comprises fresh issuance of equity shares worth Rs 4,000 crore and an Offer for Sale (OFS) component of Rs 1,235 crore by existing shareholders.

• 

  SBI hikes interest rates on bulk term deposits by 40-90 basis points

  May 10, 2022 19:13 IST

  The revised interest rates on bulk term deposits amounting to Rs 2 crore and above are effective from Tuesday, the bank said.

• 

  Sensex slips for 3rd day, declines 106 points in choppy trade

  May 10, 2022 17:24 IST

  The NSE Nifty declined 61.80 points or 0.38 per cent to end at 16,240.05. Among the Sensex firms, Tata Steel, Sun Pharma, NTPC, Titan, Bajaj Finance, Reliance Industries, Tech Mahindra and ITC were among the major laggards.

• 

  GST Council mulling 28% tax on Bitcoin, other cryptocurrencies

  May 10, 2022 13:11 IST

  Bitcoin, the world's largest cryptocurrency by market value, has fallen by 50 per cent since its peak in November last year.

• 

  LIC IPO closes: Allotment on May 12, check grey market premium

  May 10, 2022 9:05 IST

  LIC IPO: Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received by the insurance giant.