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Sensex opens at all-time high of 30,346.69, Nifty scales new peak

Sensex opens at all-time high of 30,346.69, Nifty scales new peak

The BSE Sensex continued with its record setting spree to quote at an all-time high of 30,346.69 while the NSE Nifty scaled a new peak of 9,450.65 in opening trade on Thursday on sustained fund inflows, largely driven by forecast of a normal monsoon, amid positive Asian cues. The 30-share index rallied by 98.52 points, or 0.32%, to hit a new peak of 30,346.69, breaking its previous record of 30,271.60 points (intra-day) touched in Wednesday's trade.

Maruti Suzuki starts bookings for new Dzire at 2,000 dealerships for Rs11,000

Maruti Suzuki starts bookings for new Dzire at 2,000 dealerships for Rs11,000

New Delhi: India’s largest carmaker Maruti Suzuki India Ltd has commenced bookings for its all-new Dzire compact sedan at over 2,000 dealerships across the country.

The booking amount of the new Maruti Suzuki Dzire is Rs 11,000.

ED to base Vijay Mallya extradition case on money laundering charges

ED to base Vijay Mallya extradition case on money laundering charges

Mumbai: The Enforcement Directorate (ED) will file a supplementary request to extradite billionaire Vijay Mallya from the United Kingdom and will base its case on evidence of money laundering, said two people with direct knowledge of the matter, including an official from the investigative agency.

Bharti Airtel Q4 profit falls 72% amid Reliance Jio onslaught

Bharti Airtel Q4 profit falls 72% amid Reliance Jio onslaught

New Delhi: Bharti Airtel Ltd reported a 72% drop in quarterly profit on Tuesday, missing analysts’ estimates, as free voice and data services offered by Reliance Jio Infocomm Ltd until 31 March undercut rivals and forced them to slash tariffs to retain customers.

Net profit fell to Rs373.4 crore in the three months ended 31 March from Rs1,319.2 crore in the year earlier, the company said. A Bloomberg poll of 15 analysts expected Airtel to report Rs542.5 crore in profit.

International Court of Justice stays Kulbhushan Jadhav’s hanging

International Court of Justice stays Kulbhushan Jadhav’s hanging

New Delhi: The International Court of Justice on Tuesday stayed the execution of Indian national Kulbhushan Jadhav, who has been sentenced to death by a Pakistani military court on charges of “spying”.

The order by the Hague-based International Court of Justice came a day after India approached it against the death sentence to Jadhav by Pakistan’s Field General Court Martial last month.

Pakistan rakes up Kashmir issue at OIC meeting with UN Chief

Pakistan rakes up Kashmir issue at OIC meeting with UN Chief

Pakistan has raised the issue of Kashmir with UN Secretary-General Antonio Guterres, calling for a peaceful settlement with India in a meeting of the Organisation of Islamic Cooperation, sources said.

Pakistan’s Ambassador to the UN Maleeha Lodhi underscored the need to address the deteriorating situation in Kashmir during the over hour-long meeting at the world body’s headquarters on Monday between OIC ambassadors with the UN Secretary-General.

Tata Motors global sales decline 9 per cent in April

Tata Motors global sales decline 9 per cent in April

NEW DELHI: Tata MotorsBSE 1.25 % today reported over 9 per cent decline in global sales in April at 73,691 units, including that of Jaguar Land Rover (JLR) vehicles.

The company had sold 81,333 units in April 2016, Tata Motors said in a statement.

BSE Sensex closes at new high of 30,248.17, Nifty closes above 9,400 for first time

BSE Sensex closes at new high of 30,248.17, Nifty closes above 9,400 for first time

The 30-share BSE Sensex closed at a new all time high on Wednesday on the back of predictions of a normal monsoon this year. Sensex closed at 30,248.17, up 314.92 points or 1.05% from previous close.

Intraday, it hit a high of 30271.60 but came down later in the day to close at its new all time high.

J&K: Army officer Umar Fayaz killed by terrorists, govt calls it 'dastardly act of cowardice'

J&K: Army officer Umar Fayaz killed by terrorists, govt calls it 'dastardly act of cowardice'

The government on Wednesday condemned the killing of an Indian Army officer from Jammu & Kashmir who was abducted and shot dead by terrorists in Shopian district.

The incident took place when Lieutenant Umar Fayaz had gone to attend the wedding ceremony of a relative.

More job cuts likely in IT sector; Wipro, Infosys tighten appraisal process

More job cuts likely in IT sector; Wipro, Infosys tighten appraisal process

Indian IT service providers such as Infosys and Wipro have tightened performance appraisals for employees, weeding out non-performers, as they see businesses slowing for traditional services, technology shifts towards digital, and growing protectionism in their main markets.

Wipro, India’s third-largest software exporter, has a programme Band Inertia, which looks at scrutinising employees for performance in the same band for longer periods, identify gaps to reskill, and mark out those who are unable to upskill with newer technologies.

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