Premji Invest infuses Rs 305 crore in Shubham Housing Development Finance - While the NCR-based company has issued compulsorily convertible cumulative preference ?shares worth of Rs 235 crore to Premji Invest, the investor too has bought stakes from existing private equity shareholders.Market outlook: Nifty likely to take breather at higher levels - Volatility is expected to rise as we enter the penultimate day of derivatives expiry.ETMarkets Evening Podcast: US shutdown ends; Tune in to all that hogged market headlines - For the broader Nifty50, the closing was above 11,000 at 11,084, a jump of 117 points.Rupee rebounds 9 paise to 1-week high on IMF growth outlook - Foreign portfolio investors (FPIs) bought shares worth Rs 1,567.51 crore on net basis yesterday.Oil has run up too far too fast; correction ahead? - Opec output also continues to be lower in YoY comparisons and compliance is improving.
SENSEX RSS Failed to parse RSS file. (not well-formed (invalid token) at line 45, column 119) 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.