Markets close on a negative note; Jet Airways surges

India Infoline News Service Mar-25-2019

Jet Airways surged ~12% along with a sharp rise in open interest consisting mainly of long positions

Varun Beverages gets CCI nod for acquisition of franchise rights from PepsiCo India

India Infoline News Service Mar-25-2019

With this company received franchise rights in South and West regions from PepsiCo for a national bottling, sales and distribution footprint in 7 states and 5 Union Territories.

Sun Pharma clarifies on Baska facility inspection report; stock down 2%

India Infoline News Service Mar-25-2019

The pharma major claimed that there is no material impact of this article on the company.

Jet Airways gains 13% amid reports of founder's exit

India Infoline News Service Mar-25-2019

The current CEO Vinay Dube of the debt-ridden airline company is expected to stay on and steer Jet out of the current crisis.

Nifty Media declines 3% led by Dish TV, Den, Zee Media

India Infoline News Service Mar-25-2019

However, sharp fall in the index was cushioned by Hathway, which spurted 14% followed by Jagran Prakashan up 1%.

Lupin gets FDAs approval for Sildenafil Tablets USP

India Infoline News Service Mar-25-2019

Sildenafil Tablets are a phosphodiesterase-5 (PDE5) inhibitor indicated for the treatment of erectile dysfunction (ED).

Industry's AUM registers monthly, yearly growth in January 2019

India Infoline News Service Feb-14-2019

AUM under the Equity (including ELSS), Balanced, and other ETFs came in at Rs10.57 lakh cr in the month under review as against Rs10.73 lakh cr in December 2018.

Mutual fund SIPs rise 29% yoy in Dec'18, marginally higher m-o-m

India Infoline News Service Jan-08-2019

Mutual funds received Rs8,022.33cr via SIP in December 2018, indicating a rise of 29% yoy, as per data from AMFI as retail investors stay put with their investment plans in a volatile market.

A beginner's guide to ELSS funds

India Infoline News Service Jan-06-2019

Equity-linked savings schemes or ELSS funds have a lock-in period of three years, which is shorter than other tax-free investments. They offer advantages of wealth growth and tax saving as well. The mandatory lock-in period also helps secure savings.

Direct Mutual Funds vs. Regular Mutual Funds

India Infoline News Service Dec-21-2018

If you are comfortable taking all your investment decisions on your own, Direct Plans can be a good option. Otherwise, you are in safe hands by opting for a Regular Plan.

DHFL to sell entire DHFL Pramerica Asset Managers stake

India Infoline News Service Dec-18-2018

DHFL holds 50% stake in the mutual fund business17.12% directly and 32.88% through subsidiary DHFL Advisory and Investments Pvt. Ltd, according to the BSE filing.

Net inflows in equity schemes decline 34% in Nov 2018

India Infoline News Service Dec-07-2018

The total AUM of the mutual fund industry grew 8.1% mom to Rs24.03 lakh cr in November 2018 against 0.9% mom in October 2018. In November 2018. The AUM of all categories of mutual funds increased except Gold ETFs and FoFs (Overseas).

Asian markets trade flat on Friday

India Infoline News Service Mar-22-2019

Hong Kongs Hang Seng index down 0.07%, the Shanghai composite declined more than 0.43%.

Fed leaves interest rates unchanged

India Infoline News Service Mar-21-2019

The 12-member Federal Open Market Committee most recently voted to increase its benchmark interest rate by a quarter percentage point, raising it to a target range between 2.25% and 2.5% at the end of 2018.

European markets trade mixed on Monday

India Infoline News Service Mar-18-2019

The pound fell as Prime Minister Theresa May continued to face opposition to her Brexit plans, pushing up UK equities.

Asian markets trade higher ahead of US-China trade developments

India Infoline News Service Mar-18-2019

The Shanghai composite rose 1.1%, Hong Kong's Hang Seng index rose around 0.8%, while the Kospi is trading marginally higher.

Asian markets trade higher; Shanghai Composite up 1.5%

India Infoline News Service Mar-15-2019

Equities in Japan and China outperformed, with modest gains seen in Hong Kong.

Chinas slowdown hits employment even as recovery signs emerge

India Infoline News Service Mar-14-2019

With industrial output having its worst start to a year since 2009 and retail sales expanding at the slowest pace since 2012, the unemployment rate jumped to 5.3% in February from 4.9% in December, the highest level in two years.

NSEIT acquires global cybersecurity company, Aujas Networks

India Infoline News Service Mar-22-2019

NSEIT will help Aujas scale its services and capabilities, with a strong focus on helping customers stay ahead of IT security challenges.

Hyundai and Kia invest $300mn in Ola

India Infoline News Service Mar-19-2019

The agreement will see the three companies extensively collaborate on developing unique fleet and mobility solutions; building India-specific electric vehicles and infrastructure.

Leo Puri joins the Board of Northern Arc Capital as Chairman

India Infoline News Service Mar-18-2019

Puri currently serves on the Boards of Hindustan Unilever and Dr. Reddys as an Independent Director. He has also served as Independent Director on the Boards of Max New York Life Insurance Company, Infosys and Bennett Coleman & Co.

Mahip Industries 288th company to get listed on BSE SME Platform

India Infoline News Service Mar-12-2019

Mahip Industries Limited is a Gujarat based company whose registered office is at Ahmedabad.

Hiring activity grew 16% YoY in February this year: Naukri

India Infoline News Service Mar-12-2019

In the month of February 2019, hiring in Chennai was up by 30%, likewise Bangalore was up by 19%, Pune by 25% and Hyderabad by 14%.

Dharmesh Arora appointed to become Regional CEO for Asia Pacific of Schaeffler Group

India Infoline News Service Mar-06-2019

Managed out of Singapore, the region Asia Pacific is responsible for the business in Japan, Korea and South East Asia, where the Schaeffler Group is just building two new plants in Thailand and Vietnam.

GST Council approves transition plan for new tax rates for realty sector

India Infoline News Service Mar-20-2019

Accordingly, the council has decided that builders can pick between paying 12% for non-affordable houses with ITC benefits or 5% without the tax rebates for under-construction houses.

Indias trade deficit narrows to $9.59bn in February

India Infoline News Service Mar-16-2019

The trade deficit shrank to a 17-month low in February. The previous low for the trade gap was $9.4 billion in September 2017.

GDP growth slows - What are the major pain points?

India Infoline News Service Mar-16-2019

GDP for the third quarter came in lower than the previous two quarters at just 6.60% on the back of weakening trade amidst the US-China trade war.

WPI Inflation rises to 2.93% in February

India Infoline News Service Mar-14-2019

The rate of inflation based on WPI Food Index consisting of Food Articles from Primary Articles group and Food Product from Manufactured Products group increased from 0.07% in December 2018 to 1.84% in January 2019.

Jan IIP at 1.7%; Feb Retail inflation up by 2.57%

India Infoline News Service Mar-12-2019

Industrial production growth for the month of January 2019 fell to 1.7% as against 2.4% for the month of December.

Hiring activity grew 16% YoY in February this year: Naukri

India Infoline News Service Mar-12-2019

In the month of February 2019, hiring in Chennai was up by 30%, likewise Bangalore was up by 19%, Pune by 25% and Hyderabad by 14%.