Gainers & Losers
NEW DELHI - India's parliament began debating the goods and service tax (GST) on Friday that seeks to transform the country into a common market, but experts said compromises made to enlist the support of states risked diluting the impact of the biggest tax reform in decades.
MUMBAI - Infosys Ltd , India's second-largest software services exporter, on Friday posted quarterly net profit that lagged most analyst expectations, dampening hopes of a quick turnaround after top management changes.
MUMBAI - India's banks could see their lending-related costs rise by up to a fifth as a recent rule change means they must make bigger provisions for restructured debt, crimping their profits at a time when consumers and firms are starting to borrow more.
MUMBAI - State Bank of India's plan to raise up to 150 billion rupees ($2.4 billion) via a share sale will now likely take place in June instead of April due to a fall in the lender's stock price, three sources directly involved in the process told Reuters.
NEW DELHI - Paytm, an Indian online payments platform backed by China's Alibaba, is pushing deeper into India's booming e-commerce industry with a zero-commission mobile app marketplace targeted at small and medium-sized firms, the mainstay of the country's economy.
LONDON (Thomson Reuters Foundation) - India has put the U.S.-based Ford Foundation, one of the world's largest charitable funds, onto a security watchlist as it probes its funding of a local organisation run by a prominent activist and critic of Prime Minister Narendra Modi.
MUMBAI - Reserve Bank of India Governor Raghuram Rajan called for an urgent expansion of formal financing routes for farmers after a spate of suicides in the country, the Business Standard said on Saturday, citing the Press Trust of India.
All Indian Indices
|Symb||Index||Mkt Report||Time||Last||Chg||Chg %|
|.BSESN||BSE Sensex||24 Apr 2015||27,437.94||-297.08||-1.07%|
|.NSEI||Nifty||24 Apr 2015||8,305.25||-93.05||-1.11%|
|.CNXMDCP||CNX Midcap Index - NSE||24 Apr 2015||12,656.65||-230.10||-1.79%|
|.CRSLDX||S&P CNX 500 Index - NSE||24 Apr 2015||6,826.55||-95.85||-1.38%|
|.NSMIDCP||Nifty Jr||24 Apr 2015||19,161.15||-285.70||-1.47%|
|.TRXFLDINP||Thomson Reuters Equity India Index||24 Apr 2015||918.15||-14.03||-1.50%|