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Top News

Vedanta, NMDC hit new 52-week lows

India Infoline News Service / 18:12, Aug 04, 2015

The BSE index sneaked into the positive zone for a brief while before after the Central Bank announced the monetary policy, but soon slipped back into the negative zone. A fresh bout of selling in the mid-noon deals saw the BSE index slump to a low of 27,866 - down almost 400 points from the days high.

Stock Market News

Vedanta, NMDC hit new 52-week lows

India Infoline News Service / 18:12, Aug 04, 2015

The BSE index sneaked into the positive zone for a brief while before after the Central Bank announced the monetary policy, but soon slipped back into the negative zone. A fresh bout of selling in the mid-noon deals saw the BSE index slump to a low of 27,866 - down almost 400 points from the days high.

Economy News

RBI keeps door open for accomodative policy - Room for Rate Cut in 2HFY16

India Infoline News Service / 15:53, Aug 04, 2015

Amid evolving growth-inflation dynamics, Ind-Ra believes the policy stance reflects RBI’s continued intention to anchor both inflation and inflationary expectations. Also, RBI may want to wait for cues from the US Federal Reserve on the timing of their interest rate hike.

Business News

GrabOn partners with Xploree

India Infoline News Service / 15:52, Aug 04, 2015

Xploree is pre-embedded on India’s leading smartphone brands and offers GrabOn the most apt mobile platform to help online shoppers discover digital coupons and deals during their conversations.

Corporate News

Top corporate news of the day

India Infoline News Service / 12:54, Aug 04, 2015

Wockhardt is recalling over 50 lakh bottles of various drugs, used for treating ailments like high blood pressure and ulcer.

IPO News

MRSS India enters the bourses

India Infoline News Service / 17:45, Aug 04, 2015

The issue opened on Tuesday, June 30, 2015 and closed on Thursday, July 2, 2015. Pantomath Capital Advisors (P) Ltd (“Pantomath”), a SEBI registered Category I Merchant Banker, was the sole Lead Manager to the Issue. The share price has multiplied more than 2.5 times in 2.5 weeks of trading and has hit the upper circuit consistently.

MF News

IDBI Mutual Fund files offer document for Prudence Fund

India Infoline News Service / 15:30, Aug 04, 2015

IDBI MF has filed offer document with the the Securities and Exchange Board of India (SEBI) to introduce an open-ended equity oriented asset allocation scheme.

 
Global News

Carnage! Chinese sell-off rubs off across Asian market

India Infoline News Service / 15:32, Jul 27, 2015

Chinese market clocked their sharpest daily percentage decline since 2007 on mounting worries of authorities pulling back on measures to prop up the market

M & A News

Top M&A news of the day

India Infoline News Service / 15:46, Aug 04, 2015

German chemicals group BASF has lined up a loan package from large multinational banks for a potential takeover offer for Syngenta, the Swiss crop chemicals maker which has received a $45 billion takeover offer from Monsanto

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