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Sebi bans Anil Ambani from market for five years

MUMBAI: The markets watchdog Securities and Exchange Board (Sebi) has banned Anil Ambani and 24 others, including former key officials of Reliance Home Finance, from the securities market for five years charging them with fund diversion by…

Ecom Express files for Rs 2,600 crore IPO

MUMBAI: Ecom Express, which claims to be the only domestic pure-play B2C e-commerce logistics solutions provider, has filed for an initial share sale worth Rs 2,600 crore with the regulator Sebi. According to the draft papers, the issue…

Sensex, Nifty reach record levels

MUMBAI: Benchmark BSE Sensex jumped 388 points to breach the 82,000 level for the first time while broader Nifty spurted 108 points to hit the record 25,000 mark in early trade on Thursday after the US Federal Reserve indicated a rate cut…

Early Axis Bank losses pull Sensex, Nifty.

MUMBAI: Equity market benchmark indices Sensex and Nifty tumbled in early trade on Thursday, continuing to decline for the fifth day running, dragged by Axis Bank and overall bearish global market trends. The announcement of a hike in…

Market likely to remain volatile on Budget Day

Mumbai: India’s equity market is expected to witness increased volatility on Budget Day (July 23) even as the central government is likely to keep its focus on fiscal prudence and capital expenditure-led growth. India’s equity market…

Nifty is 200 points from 25,000.

Mumbai: The NSE Nifty50, one of the two benchmarks of the Indian equity market, is now just 200 points away from hitting the 25,000 milestone. Closing in green for the fourth consecutive session, the NSE barometer gained 187.85 points or…