April 22 The Indian stock market fell the most
in nearly two weeks on Monday as oil prices ratcheted higher and
pushed the rupee to a six-week low, while losses in
financials also weighed.
April 18 The Indian stock market slipped from
record highs to trade slightly lower on Thursday, dragged by
banking shares, as sentiments soured a day after debt-ridden Jet
Airways Ltd was forced to halt all operations after
running out of funds.
April 16 Indian shares extended gains to record
highs on Tuesday, led by index heavyweights ICICI Bank Ltd
and Reliance Industries Ltd, amid sustained
buying from foreign investors.
April 15 Indian shares edged higher on Monday,
in line with Asian peers, as Tata Consultancy Services Ltd
boosted the indexes after reporting a record profit for
the last quarter of the year, marking the onset of corporate
BENGALURU Karnataka kept the door open on Saturday to talks with local ride-hailing service Ola to avoid a ban that could help rival Uber build market share.
BENGALURU Karnataka has banned taxi-hailing service Ola Cabs for six months for violating government rules by running motorcycle taxis.
BENGALURU/MUMBAI India's Mindtree on Tuesday rejected conglomerate Larsen & Toubro's hostile takeover bid, saying L&T's plan to acquire a controlling stake will not create value for the IT services firm or its shareholders.
India's bankruptcy court on Friday approved global steel giant ArcelorMittal SA's bid for debt-ridden Essar Steel, potentially ending months of court battles and opening the country's steel industry to outsiders.
MUMBAI/BENGALURU The Reserve Bank of India (RBI) lifted regulatory constraints on three banks on Tuesday after they received a capital injection from the government.
State Bank of India (SBI) said reports on Monday that it was considering taking heavily indebted Jet Airways Ltd to an insolvency tribunal to recover loans were "speculative", and no such decision had been taken.