Closing Bell: Sensex closes over 100 points lower, Nifty below 10,900; IT stocks gain

Closing Bell: Sensex closes over 100 points lower, Nifty below 10,900; IT stocks gain

Market at Close Shares have closed lower, amid caution ahead of RBI’s monetary policy committee meeting outcome on Wednesday. Uncertainty over US-China trade truce has also weighed on indices. Among sectors, weakness was visible among automobiles, banks, consumption and infrastructure...
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Indian money in Swiss banks rises 50% to over Rs 7,000 crore

Indian money in Swiss banks rises 50% to over Rs 7,000 crore

Money parked by Indians in Swiss banks rose over 50% to CHF 1.01 billion (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid India’s clampdown on suspected black money stashed there. In comparison, the total funds held by...
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Adani Power shares slump over 9% as Q3 loss widens

Adani Power shares slump over 9% as Q3 loss widens

Shares of Adani Power on Thursday tumbled over 9% after the company’s consolidated loss doubled to Rs 1,290.7 crore in the October-December quarter of this fiscal. The stock dropped 9.21% to end at Rs 36.95 on BSE. Intra-day, it slumped...
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Where marketing of Santa triumphs over geography

Where marketing of Santa triumphs over geography

Lakhs of tourists visit Rovaniemi in Finland this season to call on Father Christmas in his ‘official hometown’ Here in Santa Claus Village, near the Arctic Circle, is the self-anointed ‘Official Santa’, a Finn who refused to give his real...
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Jerusalem row: Clashes erupt over Trump move

Jerusalem row: Clashes erupt over Trump move

Clashes erupted in the occupied West Bank and over the Israeli-Gaza border, where one Palestinian was killed. Overall more than 200 were hurt, Palestinian medical sources said. Tensions are high in the wake of Mr Trump’s announcement. His policy shift w...
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Over 160 real estate developers in Haryana sent notices by H-RERA

Over 160 real estate developers in Haryana sent notices by H-RERA

Over 160 real estate developers in Haryana have been sent notices by the interim Haryana Real Estate Regulatory Authority (H-Rera) for having filed incomplete applications or for not holding valid licenses, said Dilbag Singh Sihag, executive director of Haryan...
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