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  • Electrosteel Steels board approves delisting of company - The delisting proposal was taken on record and approved, in the meeting of the board of directors held today, the company said in a BSE filing.
  • Wall Street lower as industrials, tech fall on trade woes - The S&P index recorded 14 new 52-week highs and two new lows, while the Nasdaq recorded 28 new highs and 17 new lows.
  • IL&FS Financial Services defaults on commercial papers - The interest payment on the papers were due Monday, the company informed the exchanges.
  • ICICI Bank gets nod for proposed offshore borrowing - Stock of ICICI Bank closed 2.85 per cent down at Rs 308.75 on BSE Monday.
  • Emerging markets to face trade reality check after dollar breather - Investors are looking for clues about the pace of Fed rate hikes next year and beyond.
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  • India seeks to speed up foreign deals with 'one-stop shop' - The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.
  • Why auctions for power projects don?t work in India - In the last 10 years, India has discovered auctions for itself. All kinds of public resources (such as 3G spectrum) or contracts (such as power purchase agreements, PPAs) are auctioned off.
  • Rupee ends 21 paise lower vs US dollar; snaps 3-day winning run - The rupee snapped its three-day winning spree against the American currency by falling 21 paise to 63.72 on fresh dollar demand from banks and importers in view of a firm dollar in the overseas market.
  • Late surge drives Nifty above 8,350, Sensex ends up 363 points - After consolidating for second straight day, late surge drove market on higher levels. The Sensex was up 363.30 points or 1.3 per cent at 27687.30 while the Nifty ended up 111.30 points or 1 per cent at 8373.65.
  • CNG price to be increased by 45 paise per kg in Delhi, piped cooking gas in NCR - The applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs 27.05 per scm, which is being increased from existing Rs 26.55 per scm.