Business StandardWhat has surprised the market on State Bank of India?s merger announcement was the timing more than the ratio. Analysts expected an announcement in FY17, but fast-tracking the entire process has been a pleasant surprise for the market
NDTVThe Indian rupee slipped to 66.76 per dollar on Thursday versus its previous close of 66.59 tracking the surge in the greenback, which hit a 12-year high against a basket of six currencies.
FirstpostPrime Minister Narendra Modi's bet on higher public spending to spur economic activity in India has started paying off, as capital investment shows signs of sustained revival after years of uneven growth.
livemint3:09pm: The S&P BSE Sensex is trading 0.32%, or 87.27 points, higher at 27,020.15, while the CNX Nifty added 0.24%, or 19.65 points to 8,172.55. Shares of Hindalco Industries surge 9.50%, while Vedanta rises 5.72%
Times Of IndiaBENGALURU: Rajiv Bansal, EVP and the CFO of Infosys, has resigned from the company. Ranganath Mavinakere, EVP and head of strategic operations and CEO's office, has replaced him. Bansal will continue as an advisor to the CEO and the Board..
MerinewsYes, Raghuram Rajan is Raghuram Rajan. He cut the repo rate by 50 basis points only when he felt that now its time to push the growth. The investors and bankers are happy from the Reserve Bank of India's decision.
NDTVBSE Sensex and Nifty were lower on Monday, tracking weak Asian markets. The Sensex fell nearly 250 points to slip below 26,000 at day's low while Nifty plunged to 7,908.35. At 9:20 a.m., Sensex was down 206 points to 26,012 while Nifty was..