Rupee opens 3 paise down at 71.22 against dollar
"USDINR pair is expected to quote in the range of 70.90 and 71.30-71.50,” said Motilal Oswal Finanicial.
IT rejigs its bills as deals dry up
Financial engineering has been an industry practice for long, but its nature is now changing.
Board Meetings Today: HDFC Life, Biocon, Canara Bank, PNB Housing and OBC
Nippon Life and JM Financial are among companies, which will report their December quarter earnings today.
Budget may make faking input tax non-bailable crime for buyers too
CXOs, directors or employees directly responsible for making such claims can also be penalised.
How to deal with your biggest financial fears
If you have no investing expertise or have suffered losses and are afraid you will do so again, the best option is to not invest directly through stocks, but via mutual funds. Find out how to conquer your fears and secure your finances
Amit Shah inaugurates state-of-the-art portal to tackle cyber crimes
A home ministry statement said the portal will let all cyber crime related complaints be accessed by the law enforcement agencies in the states and union territories to take action as per the law. So far, more than 700 police districts and more than 3,900 police stations have been connected to the portal.
Making efforts to financially strengthen bank further: Yes Bank
"All efforts are being made to financially strengthen the bank even further. Kindly, therefore, pay no heed to these unfounded reports," Yes Bank said. Last week, Uttam Prakash Agarwal, an independent director of Yes Bank resigned from the board and stepped down as head of its audit committee citing major corporate governance concerns.
Fund managers expect global growth to rise
“Investors are bullish, but not euphoric,” said Michael Hartnett, chief investment strategist at BofA.
FPIs pumped money into these 10 smaller stocks, too
These stocks can return between 15 per cent and 40 per cent in one year.
Dalal Street week ahead: Financials lose momentum; realty & metals take charge
A cautiously positive outlook is advised for the coming week.
Not enough EV sales yet to build viable finance plan, say lenders
Financiers said electric car sales must show up sufficiently on the dashboard for them to build a viable finance plan. For the personal buyer, car prices range anywhere between Rs 12 lakh and Rs 20 lakh. Financiers believe that the consumer would default because of the high prices, making it difficult for a financier to sell the attached vehicle.
No financial and technical yardstick for coal auctions
“The coal ministry has decided against keeping any entry restrictions based on technical or financial criteria, which means there are not likely to be any net worth requirement for firms. The government will incentivise expeditious coal production by firms than restricting entry to ensure serious players,” a senior coal ministry official said.
Fugitive gangster Ejaz Lakdawala arrested in Mumbai
Fugitive gangster Ejaz Lakdawala once worked for underworld don Dawood Ibrahim before forming his own gang. He has been arrested by Mumbai Police, an official said on Thursday. A Red Corner notice had earlier been issued against him.
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