Two Indian-origin Canadian nationals indicted for bitcoin fraud
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Two Indian-origin Canadian nationals have been charged on various counts in a bitcoin fraud case where they used social media platform Twitter to transfer hundreds of thousands of dollars worth of virtual money in their accounts.
Karanjit Singh Khatkar, 23, a
Turbulence in broader market continues; Small-cap index hits 32-month low
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The smallcap index touched 11,951 levels, its lowest level since December 29, 2016, while the midcap index hit a low of 12,915, its lowest level since February 1, 2017
63 Moons Tech freezes in 10% upper circuit as company wins MPID case
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In April 2018, the Maharashtra government had issued several notifications and orders to attach property worth Rs 2,500 crore, including reserves of around Rs 1,800 crore in several bank accounts.
Unsure of economic revival, says Chris Wood; cuts India exposure
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In his weekly note to investors, GREED & fear, Wood says Narendra Modi should not have allowed himself to be distracted by the execution of the BJP's agenda on Kashmir
Future Retail erases morning gains, slumps up to 8% post Amazon deal
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After almost a year of negotiations, global e-commerce and technology giant Amazon.com is acquiring a 49 per cent stake in Future Coupons, the promoter entity of Future Retail.
Rupee plunges to 72 against US dollar for the first time in 2019
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The domestic currency on Thursday crashed to an over eight-month low of 71.81, dropping 26 paise as tumbling equities and incessant foreign fund outflows weighed on sentiment.
Waiting in the wings: Is the time and IPO strategy right for GoAir?
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Strong fundamentals, including low crude oil prices, stable air-travel demand, and a range-bound rupee, analysts believe, make a strong case for the airline's expansion
Sectorally, all the sectors ended in the red except Nifty IT index, which gained on the back of a weaker rupee. The domestic currency slumped 40 paise intra-day to Rs 71.96/ US dollar
324 stocks hit lower circuit on BSE; Reliance Capital tumbles 24% intra-day
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«Delay in addressing concerns of FPIs regarding taxation and slowdown in the economy is seeing foreign selling continue with over $2.5 bn being the collateral damage since Budget,» IIFL Securities.
Sebi eases FPI norms: Here are the key takeaways from the meeting
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Sebi said FPIs would no longer be required to meet the 'broad-basing' criteria, under which at least 20 investors were required to establish a fund. Listen to this podcast for more
Hindustan Unilever hits record high in weak market, up 12% in one month
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In the past one-month, HUL has outpaced the market by surging 12 per cent against a 3 per cent decline in the benchmark index, after reporting in-line April-June quarter (Q1FY20) earnings.
Hathway zooms 97%, Den Networks 50% in 7 days on Jio Fiber rollout plan
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Earlier this year, RIL acquired stakes in three leading MSOs, Hathway, Den and GTPL, who have direct relations with over 30,000 local cable operators (LCOs)
Analysts eye festive season for consumption revival; top stocks to buy
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At the bourses, Pidilite, Asian Paints, Berger Paints, Nestle and Marico have gained up to 24 per cent on a year-to-date (YTD) basis. In comparison, the Nifty50 has added nearly 1.5 per cent.
The US Treasury took action Wednesday to crack down on Chinese traffickers of deadly fentanyl, sanctioning producer-exporters and warning banks on financial schemes used to distribute the synthetic opioid behind thousands of US overdose deaths.
The Treasury i
