New Delhi, (PTI) The finance ministry has invited applications to appoint the next chairman of the Securities and Exchange Board of India (Sebi) to succeed Ajay Tyagi, whose five-year term comes to an end in February. Tyagi, a 1984 batch IAS officer of Himachal Pradesh cadre, was appointed as Sebi chairman...
Hinduja Group flagship firm Ashok Leyland on Thursday posted two-fold increase in total sales at 6,448 units as compared with 3,199 units in May this year. Total domestic vehicle dispatches to dealerships stood at 5,851 units last month as against 2,738 units in May, Ashok Leyland said in a regulatory...
Equity benchmark Sensex inched higher by 55 points in early trade on Tuesday, tracking gains in index heavyweights HDFC twins, Bajaj Finance and Infosys amid sustained foreign fund outflows. The 30-share BSE index was trading 55.46 points or 0.10 per cent higher at 52,935.46 in initial deals. Similarly, the broader...
The rupee appreciated by 11 paise to 74.31 against the US dollar in opening trade on Friday, tracking gains in domestic equity markets. At the interbank foreign exchange, the rupee opened up at 74.41 against the American dollar, then inched higher to 74.31, registering a rise of 11 paise from...
New Delhi, Aug 25 (PTI) The Indian retail segment has its own uniqueness and the country is one of the most exciting markets globally that is poised to grow to over a trillion dollars by 2025, according to Walmart Inc President and CEO Doug McMillon. Speaking at the Converge@Walmart event, McMillon...
The country's handicraft exports are likely to record a growth rate of 10-15 per cent in the current fiscal on account of healthy demand in key destinations such as the US and Europe, Export Promotion Council for Handicrafts (EPCH) said. EPCH Chairman Raj Kumar Malhotra, however, said that the growth...
Shares of Jet Airways extended their rally to Wednesday, gaining 5 per cent, after the National Company Law Tribunal (NCLT) gave its nod to the Jalan Kalrock Consortium's bid for the airline. The stock jumped 4.98 per cent to Rs 104.40 -- its upper circuit limit -- for the day...
The initial public offering of food delivery platform Zomato opened on Wednesday, with more than 36 per cent of shares offered being subscribed in the initial hours. The offer received bids for 26.10 crore equity shares against an IPO size of 71.92 crore, stock exchange data showed. Retail investors sought 1.91...
New Delhi, Aug 25 (PTI) Bewakoof, a youth-focused direct-to-consumer brand, on Wednesday said it has raised Rs 60 crore in funding from InvestCorp, IvyCap and Spring Marketing Capital. Bewakoof, which has raised a total funding of Rs 170 crore including this round, will utilise the fresh proceeds for scaling up the...
The Indian rupee strengthened by 6 paise to 74.25 against the US dollar in early trade on Tuesday, tracking weakness of the American currency in the overseas market. At the interbank foreign exchange, the domestic unit opened at 74.28 against the dollar, then inched higher to 74.25, registering a gain...

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