SAIL narrows its FY16-17 net loss by 30…

KOLKATA: Steel Authority of India Ltd. (SAIL), managed to narrow its net loss for the financial year 2016-17 (FY17) by 30% to Rs 2,833 crore, compared to a loss of Rs 4,021 crore in FY16.…

Sebi to levy fee on P-Note issuance, bar…

MUMBAI: The Securities and Exchange Board of India plans to put in place further restrictions and squeeze the use of participatory notes — an offshore derivatives instrument that allows investors to bet on India without…

L&T puts up good show in March quarter:…

NEW DELHI: Engineering major Larsen & Toubro on Monday reported a 29.50 per cent year-on-year (YoY) jump in consolidated profit after tax (PAT) at Rs 3,025 crore for March quarter. This was better than Rs…

Expect Q4 growth in 7.3-7.7% range: R Kannan,…

Mythili Bhusnurmath, Consulting Editor, ET NOW and R Kannan, Hinduja Group, discuss GST, GDP data coming out and more macro cues.Edited excerpts:The CBEC chairman talking about monitoring the preparedness of GST, said that issues have…

S.Korean stocks snap 6-day win streak after touching…

SEOUL: South Korean shares saw a six-day winning streak snapped on Monday, with early gains erased as local institutions accelerated their stock-selling in the afternoon. The Korea Composite Stock Price Index (KOSPI) closed down 0.1…

Market Now: Stocks that plunged over 6%

The domestic equity market was trading in the green on Monday afternoon on account of buying in frontline bluechip counters. However, stocks of Reliance Communication were down 18.60 per cent at Rs 21 at 1.55…