Nifty scales fresh closing high, gains 71.50 points

Jan 22 2018 | 1 hrs ago

NSE benchmark Nifty rose for the fourth straight day to end at a fresh lifetime high of 10,966.20 on sustained buying amid mixed global cues.

Euro nears recent three-year high on dollar weakness

Jan 22 2018 | 1 hrs ago

In a report, the unit upgraded the euro forecast against the dollar to $1.25 EUR=EBS over the next three months from a previous forecast of $1.18.

Berlusconi backs EU rules on deficits ahead of election

Jan 22 2018 | 2 hrs ago

Former Italian PM Berlusconi said that his Forza Italia party would seek to ensure that Italy respected the EU’s limit on budget deficits if it was elected to power.

Germany confirms Audi recall due to illicit device

Jan 22 2018 | 2 hrs ago

Germany’s transport ministry confirmed a report that the KBA automotive watchdog detected illicit emission-control software in Audi’s ordered a recall of the vehicles.

Austria to sue EU over allowing expansion of Hungary Atomic plant

Jan 22 2018 | 2 hrs ago

Austria said it planned to sue the EU for allowing Hungary to expand its Paks atomic plant, saying it did not view nuclear energy as the way to combat climate change.

UK questions Scottish bid to show Britain can alone revoke Brexit

Jan 22 2018 | 3 hrs ago

The British govt believes the question of whether it alone can stop Brexit is irrelevant, since it does not intend to change its mind about leaving the EU.

India asks Germany to help relax new EU rice import rule

Jan 22 2018 | 3 hrs ago

As the new stringent EU rice import rule kicked in this month, India has asked Germany to use its good offices to resolve the issue at the earliest.

'UK economy will cope with Brexit hit as global economy grows'

Jan 22 2018 | 4 hrs ago

O‘Neill told BBC radio that Brexit was a “weird thing for the UK to impose on itself” but it was not the country’s biggest issue.

Facebook to skill 1million in European Union by 2020

Jan 22 2018 | 7 hrs ago

Facebook will train one million people and business owners across the EU by 2020, and invest 10 million euros in innovation in France through its AI research facility.

Angela Merkel readies for intense German coalition talks

Jan 22 2018 | 8 hrs ago

Merkel’s conservatives start preparing for formal coalition talks with the SPD, wasting no time after the centre-left party narrowly voted.

Indian Markets


    35,798.01 286.43   (0.81 %)

    10,966.20 71.50   (0.66 %)

Global Markets


Stocks In News



Completes acquisition of 49% stake in the projects from MBL Group

Total consideration of Rs 2,300 Cr 

Projects involve 4-laning of sections of NH-72A & NH-73


Sets Rights Ratio Of 4 Fully Paid Shares For 25 Held

To issue up to 15.5 cr fully paid-up shares for up to Rs 8,000 cr

Sets Rights Issue Price At Rs 510/Fully Paid Share

To issue up to 7.8 cr partly paid-up shares for up to Rs 4,800 cr

Sets Rights Issue Price At Rs 615/Partly Paid Share


Gets 2 new orders worth Rs 205 Cr from Public Utilities Corp, Seychelles

Projects in waste water sector

Projects funded by European Investment Bank

Cos order backlog increases to Rs 2,200 cr, which is an all-time high


Gets LOA for 2 projects from Delhi Metro Rail Corp

Work includes finishing works of 8 stations of Mumbai Metro Rail Project

Cost of Contracts stands at nearly Rs 57 cr


To acquire entire equity share capital of arm Travel News Services

Deal amounts to Rs 85 cr, with additional consideration of Rs 15 cr

Post acquisition, TNSI Retail to become step-down arm of co

TNSI JV Welcome Retail Private Limited to become step-down arm

Deal likely to be completed in 12-16 weeks

Note: Travel News Services (TNSI)

Effect of acquisition

Consolidation of retail business of FRL

To help FRL expand its presence at Airports, Metro Stations, Universities

Will have access to retail brand WH Smith", license for which is held by co

Note: Future Retail (FRL)

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