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IRDAI proposes revision in Third-party motor insurance premiums: How it will affect you
As per the latest circular, the regulatory body is soon expected to revise the Motor Third Party insurance premiums for the current financial year 2019-20.
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Volatile Sensex hits 40,000, plunges 1,300 pts intra-day as investors book profits
The Sensex finally closed 298.82 points, or 0.76 per cent, lower at 38,811.39, while the Nifty settled 80.85 points, or 0.69 per cent, lower at 11,657.05. In terms of points, the Sensex fall was the biggest intra-day slide since January 2008.
India Election Results 2019, market highlights: After hitting record high, Sensex falls 1,314 points; investors book profit
India Election Results 2019, Stock/Share Market News Highlights: The stock markets erased their intraday gains to end lower on Thursday amid a sharp selloff in the afternoon trade even as trends of the election results suggested BJP-led NDA government returning to power. Read all that happened during the day.
On election result day, Sensex opens 500 points higher; rupee stronger by 10 paise
On the currency front, the rupee also gained against the US dollar and was trading at 69.55, up by 10 paise against the dollar.
Air India, SpiceJet add host of new flights on routes vacated by Jet Airways
The new Air India flights will start from next month, while SpiceJet will start operations on new routes from the last week of the month.
Airbus & SAS Scandinavian Airlines to research hybrid, electric aircraft
Speaking at Airbus Innovation Days 2019 here Wednesday, the company’s chief technology officer Grazia Vittadini pointed out that full scale jet propulsion using electric is not feasible.
‘Fears of debt rising to pre-UDAY levels, missed targets unfounded’
The note comes as the NDA government ends its current term and attempts to refute issues raised with UDAY’s performance and arguments that it has worsened state finances.
As provisions swell: IndusInd Bank Q4 net dips 62 per cent
The plunge in the profit can be attributed to higher provisions made by the bank on account of its exposure to IL&FS.
Bank of Baroda Q4 loss at Rs 991 crore
On the asset quality front, the bank’s gross non-performing assets (NPAs) fell to 9.61 per cent of the gross advances at the end of March 2019, against 12.26 per cent by March 2018.
DHFL plunges 9 per cent after curbs on deposit renewals
Care Ratings recently downgraded DHFL’s fixed deposit programme worth Rs 20K cr from ‘A’ to ‘BBB-’.
Transfer Rs 625 crore to SEBI within two weeks: SAT to NSE
Tribunal is hearing NSE’s petitions challenging orders of Sebi, which imposed a regulatory fine on the exchange.
Co-location case: Sebi directs NSE to pay over Rs 624 crore
Sebi also asked two of the NSE’s former chief executive officers — Ravi Narain and Chitra Ramkrishna — to disgorge 25 per cent of respective salaries drawn during a certain period.
