Chris Thomas

Nifty, Sensex clock best day in 10 years after sharp cuts in corporate taxes

20 Sep 2019

Indian shares notched their best day in more than a decade after the government announced deep cuts in corporate taxes to revive flagging growth in Asia's third-largest economy.

CORRECTED-UPDATE 1-Indian shares soar 5% as gov't cuts taxes to prop up growth

20 Sep 2019

Sept 20 Indian shares surged over 5% on Friday and were set for their best day in more than a decade after the government announced deep cuts in corporate taxes to revive flagging growth in Asia's third largest economy.

Indian shares tumble as oil prices surge after Saudi attack

16 Sep 2019

Sept 16 Stocks in India, the world's third-biggest importer of oil, slumped on Monday as oil prices surged after attacks on key oil producer Saudi Arabia's crude facilities over the weekend.

India loses contact with Chandrayaan-2 on mission to the moon

07 Sep 2019

BENGALURU/MUMBAI India lost contact with a spacecraft it was trying to land on the moon on Saturday, its space agency said, in a setback for the nation's ambitious plans to become the first country to probe the unexplored lunar south pole. | Video

REFILE-India loses contact with Chandrayaan-2 moon mission

07 Sep 2019

BENGALURU, Sept 7 The Indian space agency lost communication with its Chandrayaan-2 lunar mission on Saturday, the chairman of the Indian Space Research Organisation said, in a setback to the nation's ambitious plan to land an unmanned probe near the south pole of the moon.

Unknown men attack SAIL chairman with iron bars

08 Aug 2019

NEW DELHI/BENGALURU Four unidentified men attacked the chief of India's largest state-owned steel firm, Steel Authority of India Ltd (SAIL), with iron bars as he was driving home in a violent assault that he said on Thursday appeared linked to business dealings.

India Inc earnings disappoint, analysts warn of gloomy festive season

06 Aug 2019

BENGALURU India Inc has turned in its most disappointing quarterly numbers in at least three years and analysts warn hopes for any festive season cheer are likely to be dashed by a slowing economy.

State Bank of India warns of muted credit growth, misses quarterly profit estimates

02 Aug 2019

MUMBAI/BENGALURU State Bank of India (SBI) joined its peers in flagging concerns about tough domestic economic conditions and the stress the auto sector is under, as the country's largest lender by assets missed expectations for quarterly profit.

Indian shares on track for seventh session of decline

26 Jul 2019

July 26 Indian shares edged lower for a seventh straight session on Friday, with losses in energy and mining shares outweighing gains in large cap finance stocks.

Indian shares rise, set to snap five days of losses

25 Jul 2019

July 25 Indian shares rose on Thursday after five sessions of losses, buoyed by gains in financial and pharmaceutical stocks, while telecom tower operator Bharti Infratel Ltd hit a near four-week high after a strong quarter.

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