Strong gains in metal, power, teck, healthcare and IT, fertilisers and sugar stocks lifted the key indices to new highs.
Meanwhile, the BSE Sensex climbed 181.75 points, or 0.46 per cent, to quote a fresh life-time high of 38,875.86 in opening trade. The NSE Nifty too scale a new peak of 11,751.20 by surging 59.25 points.
The government think tank has recommended that the proposed authority should provide strategic guidance for development of the region in a sustained manner.
The ongoing cash crunch has forced the airline to embark on a Rs 2,000-crore cost cutting drive and stake sale in its loyalty programme Jet Privilege as part of capital infusion.
Most of Kerala was marooned between August 8 and 20, and around 260 people we killed and over a 1.5 million were driven out of their homes.
The 10-member committee, which submitted its report to Corporate Affairs Minister Arun Jaitley, has made various recommendations as part of larger efforts to promote ease of doing business and better compliance levels.
The merger of six associate banks and Bhartiya Mahila Bank (BMB) with State Bank of India (SBI) came to effect from April 1, 2017 resulting into increase in size and valuation of the bank.
The BSE Sensex surged over 442 points to close at its life-time high of 38,694.11 and the broader NSE Nifty ended at a fresh record of 11,691.95, rising 134.85 points.
The finance ministry would also give a bank guarantee of Rs 2,000 crore on behalf of the cash-strapped carrier. This loan would be used as working capital by the airline, sources said.
The proposed move would help in enhancing transparency in ownership at corporates, curb benami transactions and bolster the efforts to weed out shell companies that are allegedly used for illicit activities.
The Andhra Pradesh Capital Region Development Authority is expected to raise Rs 2000 crore by issuing 'Amaravati Bonds' by the end of October for the construction of the state capital, Amaravati
Paytm already has a strong capital table with a bunch of globally renowned investors such as Japan’s SoftBank Group, China’s Alibaba Group and Ant Financial.
The 30-share index spurted by 333.64 points, or 0.87 per cent, to hit a new peak of 38,585.44, breaching its previous high of 38,487.63 reached on August 23.
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