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Sensex opens on positive note, Nifty back to 10,500 mark

Sensex opens on positive note, Nifty back to 10,500 mark

The benchmark BSE Sensex opened on positive note today, the 30-share BSE Sensex was up 253.58 points or 0.74 per cent at 34,336.29 and the 50-share NSE Nifty rose 71.60 points to 10,548.30.

Key indices on Thursday extended gains in morning driven by index heavyweights like Infosys, HDFC twins and Reliance Industries.

Delhi air pollution risks children, youth; 8 of 10 with poor lung capacity

Delhi air pollution risks children, youth; 8 of 10 with poor lung capacity

In New Delhi, India’s capital and its most polluted city, eight of every 10 children and youth below 20 years of age living in areas with constantly polluted air have poor lung capacity, according to a study by Hazards Center, a Delhi-based advocacy.

These findings come at a time when data on the health effects of air pollution are being denied by the ruling Bharatiya Janata Party (BJP) government.

Ford, VW & Nissan skip Auto Expo 2018 as their exports trump local sales

Ford, VW & Nissan skip Auto Expo 2018 as their exports trump local sales

Three global car majors – Ford, Nissan, and Volkswagen – are skipping the ongoing Auto Expo 2018. There is one common trend among these three companies — they all ship more cars to overseas markets than their local sales within India.

Interestingly, there are no other carmakers with operations in the Indian market that export more cars than their domestic sales.

Sebi permission for mutual funds, PMS in commodity derivatives soon

Sebi permission for mutual funds, PMS in commodity derivatives soon

With the concept of a universal exchange set to become a reality, the Securities and a Exchange Board of India (Sebi) has finalised norms for allowing mutual funds and portfolio management services to participate in commodity derivatives. The market regulator will be announcing these norms shortly.

Sebi had issued a discussion paper on the subject in first week of December last year.

As Facebook turns 14, Zuckerberg reveals dark truths about social network

As Facebook turns 14, Zuckerberg reveals dark truths about social network

Mark Zuckerberg has offered fresh self-criticism, acknowledging making numerous mistakes in building the world's biggest social network as Facebook marked its 14th birthday.

"Over the years, I've made almost every mistake you can imagine," the Facebook co-founder said on his personal page.

Wipro makes first management change under Abidali Neemuchwala

Wipro makes first management change under Abidali Neemuchwala

Bengaluru: Wipro Ltd has entrusted its current head of manufacturing and technology practice to head the energy vertical, and created a new role for the head of oil and gas practice, marking the first management changes under chief executive Abidali Neemuchwala, who took over as boss of India’s third largest information technology (IT) outsourcing company in February 2016.

Auto Expo 2018: Hyundai launches new Elite i20 at Rs5.34 lakh

Auto Expo 2018: Hyundai launches new Elite i20 at Rs5.34 lakh

Greater Noida: South Korean automaker Hyundai on Wednesday launched a new version of its premium compact hatchback Elite i20 priced between Rs5.34 lakh and Rs9.15 lakh (ex- showroom Delhi).

The company, which operates here through its wholly-owned arm Hyundai Motor India Ltd (HMIL), also unveiled its global electric vehicle Ioniq.

Bitcoin snaps slide as crypto markets dodge push for regulation

Bitcoin snaps slide as crypto markets dodge push for regulation

New York/Portland: Bitcoin rose for the first time in six days, snapping a losing streak that had helped push overall losses in digital currencies to about $500 billion, as the top US market cops said they possessed all the authority needed to regulate and risk appetite returned to financial markets.

Prices steadied as Securities and Exchange Commission chairman Jay Clayton reiterated in a Congressional hearing that he believes every initial coin offering he’s seen is a securities sale and the agency already possesses the regulatory oversight needed for enforcement.

Sensex opens in green on value-buying, climbs 470 points

Sensex opens in green on value-buying, climbs 470 points

The benchmark Sensex rose by over 470 points in opening trade on Wednesday, February 7, 2018, breaking its six-session long losing streak on value-buying in select blue-chips by domestic investors triggered by a recovery in global markets.

The 30-share BSE index gained 470.39 points, or 1.37 per cent, at 34,666.33 in opening trade. Also, the NSE Nifty rose by 115.75 points, or 1.10 per cent, to 10,614.

Air India disinvestment: Any unsolicited interest not relevant now, says Civil Aviation Minister

Air India disinvestment: Any unsolicited interest not relevant now, says Civil Aviation Minister

With many airlines reportedly queuing up to pick up a stake in Air India, the civil aviation minister Gajapathi Raju said that any unsolicited expression of interest in the state-run carrier is not relevant at this stage. Gajapathi Raju made the statement in the Rajya Sabha while in response to a question. “The draft EOI document inviting proposals for disinvestment of airline is yet to be issued. Formal proposals from prospective bidders would be received thereafter only. Any unsolicited EOI at this stage is not relevant,” Raju said.

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