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Sensex dives 572 pts on oil jitters, global sell-off

DNMUM427571 | 12/7/2018 | Author : Ahana Chatterjee | WC :400

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Assembly elections, arrest of Huawei CFO keep investors on edge

Mumbai: The benchmark stock market indices lost more than 1.50% on Thursday following a global sell-off and investor coverns over crude oil prices, rupee and upcoming state election results.
The BSE Sensex plunged 572.28 points, or 1.59%, ended at 35312.13. The 30-share gauge has lost 928.87 points in the last three sessions.
The broader NSE Nifty lost 181.75 points, or 1.69%, to settle at 10601.15. During the intra-day trade, the 50-share index went as low as 10588.30.
A fresh foreign fund outflow and rupee falling below 71 per dollar during the intra-day trade also made the investors cautious.
“Capital markets had a rough day, as they were trying to navigate too many data points such as re-emergence of sharp w
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‘We’ve lined up capex of `15K cr for 3 years’
DNMUM428010 | 12/14/2018 12:00:00 AM | Author : Swati Khandelwal | WC :531

V S Parthasarathy, chief financial officer (CFO), Mahindra & Mahindra, spoke about the expected growth of the company, the impact of the trade war, acquisition of Korea’s SsangYong Motor and Mahindra-Ford alliance during an interview with S
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Food for your pet’s soul
DNMUM428011 | 12/14/2018 12:00:00 AM | Author : Priyanka Golikeri | WC :538

When millennials vouch by pure and gourmet foods, why leave out their beloved pets? Dogs and cats are getting a taste of all things artisanal and organic, with exotic ingredients like yak cheese, black rice, quail eggs making their way into curated p
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Uncertainty may lead to re-rating of power sector
DNMUM428027 | 12/14/2018 12:00:00 AM | Author : Sandeep Upadhyay | WC :680

Power sector is grappling with the double whammy of uncertainties revolving around policy and decision making along with depleting interest from the investors due to more than ever before focus on renewables.About a fifth of the total power gen
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Let there be light
DNMUM428028 | 12/14/2018 12:00:00 AM | Author : Ateeq Shaikh | WC :1534

In India’s bankruptcy courts, a clutch of electricity generators and ancillary companies are jostling for space. An unusual growth in capacity addition over the last few years that outpaced the demand had created stress in the secto
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