Extending their winning streak to the fifth straight session, the benchmark indices finished nearly a percent higher on Wednesday, led by purchases at Reliance Industries (RIL) and HDFC Bank. Among the major indices, the S&P BSE Sensex closed 304 points, or 0.77 percent higher at 39,879 levels, and the Nifty50 …
Read More »Yes Bank case: ED arrests CFO, internal auditor of Cox and Kings
The Enforcement Directorate arrested Anil Khandelwal, chief financial officer of global travel and travel company Cox and Kings Group (CKG) on Tuesday in connection with Yes Bank’s money laundering investigation, the agency said in a statement. In addition to Khandelwal, the agency also arrested Naresh Jain, the group’s internal auditor. …
Read More »MARKET SHIPPING: Sensex up 277 pts; TCS ‘m-cap exceeds Rs 10 trn, stock jumps 7%
NSE’s Nifty finished above 11,500 marks at 11.503, up 0.76 percent. Benchmark equity indices closed nearly 1 percent higher on Monday, driven mainly by information technology (IT) stocks and private sector lenders such as HDFC Bank and ICICI Bank. Shares in information technology (IT) companies were on a roll after …
Read More »LIVE MARKET: Sensex Expands 600 Points; Bajaj Auto, IndusInd Bank’s top winners
Indian markets soared more than 1 percent on Thursday, supported by favorable global signals. Among the major indices, the S&P BSE Sensex rose 600 points to 38,680 levels, and the Nifty50 index surpassed the 11,400 mark. Bajaj Auto and IndusInd Bank (up 5%) were the top winners for Sensex, followed …
Read More »MARKET WRAP: Sensex earns 95 pts, Nifty finishes at 11,227; Advance of stocks of consumer goods
Photo: Kamlesh Pednekar Indian markets were trading more than half a percent higher in Wednesday’s volatile session, driven mainly by consumer goods and pharmaceuticals stocks. Among the major indices, the S&P BSE Sensex was trading around 38,210 levels, up 210 points, and the Nifty50 index was testing the 11,300 mark. …
Read More »MARKET: Indices end flat, Nifty settles at 11,222; PSB and FMCG stocks fall
The trend among the Nifty sector indices was largely negative, led by the Nifty PSU Bank index, which was down more than 2%. The benchmark indices ended Tuesday’s volatile session on a flat note with a negative bias. The S&P BSE Sensex ended at 37,973 levels, down 8 points or …
Read More »Incarcerated Yes Bank Founder Rana Kapoor Rs 127 Crore London Flat Seized
Yes Bank founder Rana Kapoor’s London department has been attached by the Compliance Directorate New Delhi: The Directorate of Enforcement attached an elegant apartment of the jailed Yes Bank founder Rana Kapoor worth 127 million rupees in London, while further investigating the alleged money laundering involving the former head of …
Read More »Yes Bank Case: ED Attaches Rana Kapoor’s London Flat Worth Rs 127 crore
The Directorate of Enforcement (ED) has provisionally attached a residential flat in London worth 127 million rupees (13.5 million pounds) belonging to Rana Kapoor, former president and managing director of Yes Bank, who has been booked for alleged money laundering by the agency, officials said. on Friday. The property was …
Read More »ED attaches Rana Kapoor’s London apartment at ₹ 127-cr
New Delhi: The Directorate of Execution (ED) has attached a ₹Rs 127 million from Yes Bank co-promoter Rana Kapoor in London in connection with a money laundering investigation against him and others, the central agency said on Friday. The agency issued an interim order to repossess the property – Apartment …
Read More »LIVE MARKET: Sensex drops 600 points, Nifty gives 11k; IT, metals crawl
Stockbrokers react to BSE Sensex share prices (Photo: Kamlesh Pednekar) Indian markets were weak on the expiration day of the September derivatives series, falling more than one percent, due to subdued global signals. The S&P BSE Sensex fell 610 points to 37,020 levels and the Nifty50 index fell below the …
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