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Zee Entertainment slumps 13% to hit over 6-year low

Mumbai, Oct. 7 -- Shares of Zee Entertainment Enterprises Ltd slumped over 13% on Monday to hit an over six-year low after the company said that more than 90% of promoters stake was pledged with finan... Read More


Sensex, Nifty tick lower led by auto, bank stocks

Mumbai, Oct. 7 -- Having opened marginally higher, Indian equities soon slipped into the red on Monday led by losses in banks and auto companies. The stock market will keep an eye on corporate earning... Read More


CARE downgrades Baba Ramdev's Patanjali Ayurved

Mumbai, Oct. 5 -- Credit rating agency Care Ratings on Saturday downgraded Baba Ramdev-led Patanjali Ayurved Ltd ( PAL) to A- from A+ on concerns over weakening financials. In the rating rationale, Ca... Read More


Care downgrades Patanjali Ayurved due to weak financials

Mumbai, Oct. 5 -- Rating agency Care has downgraded Baba Ramdev-led Patanjali Ayurved Ltd to A- from A+ due to weak financials, due to large outflow of funds from the company to Patanjali Consortium A... Read More


Sensex opens marginally higher ahead of RBI policy review

Mumbai, Oct. 4 -- Indian markets opened nearly 0.7% higher ahead of key Reserve Bank of India's bi-monthly policy review due later on Friday. Gains in Asian markets also aided sentiment in the domesti... Read More


Bond yield gains post RBI interest rate cut

Mumbai, Oct. 4 -- Government 10 year bond yield on Friday pared all its losses and gained after Reserve Bank of India cut rate which was in line with estimates but less than analyst expectations. At ... Read More


Rupee closes at 70.90 a dollar, up 0.26% from Tuesday

Mumbai, Oct. 3 -- The Indian rupee strengthened on Thursday tracking the gains in Asian currencies. Rupee closed at 70.90 a dollar, up 0.26% from Tuesday's close of 71.08. The Indian unit had opened ... Read More


Sensex, Nifty close lower for fourth straight session

Mumbai, Oct. 3 -- Key benchmark equity indices extended losses for the fourth consecutive session on Thursday, dragged down by weak global markets. The Sensex fell 198.54 points or 0.52% to close at ... Read More


Rupee closes at 70.90 a dollar, up 0.26% from Tuesday's close

Mumbai, Oct. 3 -- The Indian rupee strengthened on Thursday tracking the gains in Asian currencies. Rupee closed at 70.90 a dollar, up 0.26% from Tuesday's close of 71.08. The Indian unit had opened ... Read More


Rupee hits two-week low against dollar on global cues

Mumbai, Oct. 3 -- The Indian rupee on Thursday opened lower for the third day to hit a two-week low against the US dollar as investors shunned riskier assets following subdued domestic and global equi... Read More