Markets are likely to open the first day of the financial year 2015-16 on a lower note tracking weak global cues.
Asian stocks sagged on Wednesday, taking their lead from weaker US shares, while the dollar held to sizeable gains against a euro dogged by nerves over Greek debt negotiations.
Web hosting company GoDaddy Inc has priced its initial public offering at $20 per share, above its previously indicated $17 to $19 per share range, valuing it at around $4.5 billion, including debt, according to underwriting sources.
The build-up of stress in rural India will have ramifications for corporate India. Falling food prices and crop damage have impacted farm incomes. The sector’s growth is to fall to 1.1 per cent in FY15 due to deficient rains and crop damage.
Exports in the first 11 months of 2014-15 were estimated to be $284 billion, a decline over the same period of the previous year.
Demergers and subsequent listing of subsidiaries is a trend picking up in India, as well as globally.
The euro closed out the worst quarter in its 15-year history on Tuesday, slammed by monetary policy changes and worries about Greece, while US stocks retreated a day after posting big gains.
The Cabinet today approved a proposal to pool or average out prices of domestic natural gas and imported LNG used by fertiliser plants to make the cost of fuel uniform and affordable.
Brent crude oil dropped towards $55 a barrel on Tuesday as Iran and six world powers entered a final day of talks over a nuclear deal that could see the energy-rich country increase oil exports to world markets.
"It has been decided to provide 9.2% rate of interest on investments in the scheme for the next fiscal as compared to 9.1% at the moment.
Chinese homebuyers can now get bigger mortgages more easily. The question is why they would want to.
German unionists have turned into a key ally for ECB's President Mario Draghi. Across major industries, workers' representatives have pushed through hefty pay increases which significantly outstrip inflation.
The Indian Oil Corporation Limited (IOCL), a Maharatna national oil company and Chhattisgarh government Tuesday signed a Memorandum of Understanding (MoU) to expedite the work of Surat-Paradip natural gas pipeline in the state limit.
In a clear sign of his interest in India's e-commerce sector, Jack Ma, founder and executive chairman of China's Alibaba Group, is likely to visit India again at the end of April, his third trip to the country in about six months.
The government on Tuesday announced a uniform gas pricing policy and pooling of domestic and imported natural gas for urea plants in India.
The fact that the corporate debt restructuring (CDR) forum has received only eight cases, worth Rs 15,000 crore, so far this year might give the impression that pressure from stressed assets is on the decline.
Exclusive tie-ups between banks and insurance companies to sell their products are set to be history, with the regulator putting a cap on the business a bank can get from a single insurer.
In its latest report on the Government of Gujarat's functioning for the year ended March 31, 2014, the Comptroller and Auditor General (CAG) maintained that the state-run Gujarat State Petroleum Corporation Ltd.
With profitability under pressure, the Union government has cut its estimates for dividend payout for 2014-15 from public sector banks (PSBs) and state-owned financial institutions (FIs) by about 31 per cent, to Rs 7,481 crore.
The government has decided to sell undisclosed quantity of FCI wheat in the open market throughout the year in 2015-16 fiscal to bulk consumers in non-wheat procuring states.