Oil import bill likely to cross $100 billion mark in FY19

Interview: Alok Singh, Chief In­v­e­s­tment Officer, BOI AXA Inv­estment Managers It’s not the government, but the global macro environment that matters. The government is just a facilitator. The infrastructure projects, announced by the government, ...

Posted by Equitymaster After opening their day on a negative note, Indian share markets witnessed choppy trades and ended their session on a flat note. Barring the IT sector , most of the sectoral indices ended the day lower with realty sector and banking ...

How did marquee Dalal Street investors fare in the Jan-Mar quarter that saw the BSE Sensex tank 10 per cent?Deepak Korgaonkar and Puneet Wadhwa report. IMAGE: Rakesh Jhunjhunwala. Photograph: Shailesh Andrade/Reuters A 10 per cent rise in the stock of the Titan Company during January-March 2018 (Q4FY18) helped Rakesh Jhunjhunwala outperform the market in the March quarter, as his net worth declined less than 1 per cent compared to three per cent fall recorded by the S&P BSE Sensex. As on ...

Sharma would be 60 in November 2018, and would have completed 10 years as Axis Bank’s CEO the following year in June. Shikha Sharma was appointed as the managing director and chief executive officer of Axis Bank in June 2009 by P J Nayak, the then chairman of the bank.   Sharma’s appointment came at a time UTI Bank was named Axis Bank, and the board of directors felt that the bank should be more aggressive in pursuing business. The bank had a legacy issue and high exposure in ...

Telangana State Police Housing Corporation Ltd (TSPHCL) has achieved a turnover of Rs 220 crore for financial year 2017-18, a 95 per cent increase over the previous year, its Chairman Damoder Koleti said today.The Telangana government has made a total budget ...

Buoyed by pick up in demand, India's 12 major ports saw cargo traffic rise by 4.77 per cent to 679.35 million tonnes (MT) during the just concluded fiscal, as per ports body IPA.These top ports under the Centre had handled 648.39 MT of cargo during ...

Posted by Equitymaster Asian stocks are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.09% while the Hang Seng is down 0.08%. The Shanghai Composite is trading up by 0.72%. Overnight US stocks closed with gains as investors looked ...

The company's ability to curb growth of operational expenses was offset by massive losses due to a drop in value of its overseas subsidiaries Alnoor Peermohamed | Bengaluru Last Updated at April 2, 2018 17:03 IST Online food ordering and delivery platform ...

Fertiliser major IFFCO sold over 10 million tonnes and produced 7.87 million tonnes of soil nutrients last fiscal despite difficult market condition, its MD U S Awasthi today said, and announced plans for cost cutting as well as consolidation of businesses ...