Cairn Energy of the UK is seeking compensation from India’s government for loss in value due to an “unfair and arbitrary” Rs 10,247-crore tax demand, raised using a retrospective tax law. Using the UK-India Investment Treaty, the Edinburgh-based firm filed a formal dispute notice a…

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The expected interest rate increase by the US Federal Reserve will be a once-in-a-lifetime event and it’s difficult to comprehend how it will play out, says Hitendra Dave, head, global markets, HSBC India. He tells Samie Modak investors are giving a long rope to India, which remains a b…

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Markets to remain closed on Friday (06-03-15) on account of Holi …

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Markets to remain open on Saturday (28-02-15) on account of Budget session. Stocks bought today (Friday – 27-02-15) cannot be sold on Saturday (28-02-15). …

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The Railways Minister unveiled a slew of technology-driven solutions, especially aimed at passenger convenience Railway Minister Suresh Prabhu flagged off his Rail budget speech on Thursday with major announcements around Digital India, Make in India, Skill India and Swachch Bharat – …

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3.3% share sold for Rs 1,860 cr; promoters eyeing entry in real estate, power, defence. The Munjal family, promoters of the world’s largest two-wheeler maker Hero MotoCorp, on Wednesday sold 3.3 per cent of their stake, worth $300 million (Rs 1,860 crore), in the company to help them d…

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Stock markets to remain closed on Tuesday (17-02-15) on account of Mahashivratri …

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Chartink.com launches current days’ candle delayed by 15 minutes from today. Latest candle highlighted in yellow is current days’ candle. This will be useful for many traders/ short term players and won’t have to wait till 5.30pm to view current days candle. Currently th…

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Statement comes on heels of govt already touching 99% of market borrowing estimated in the Budget, as of November end Ahead of the Union Budget, Finance Minister Arun Jaitley today hinted at more reforms for faster economic growth and rationalisation of expenditure, saying the government…

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As the government pursued efforts to reach a compromise with its creditors, Greek markets were volatile while European shares stalled and core bond yields held near lows on Monday following disappointing data from China. As Greece’s leftist government began its drive to persuade a …

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