Sensex tumbles 724 points; bank stocks drag

Benchmark stock indices Sensex and Nifty tanked around 1 per cent on Thursday dragged by selling in banking and auto shares due to increased uncertainty about the timing of interest rate cuts after......

'Fuel retailing for the pvt sector in India is unsustainable'

RBML - the joint venture of Reliance Industries Ltd and supermajor BP - has told the government that fuel retailing for the private sector in India has become unsustainable after market-controlling......

Essar's MobileStore buys X-Cite

Aims to save time in entering infotech retail The MobileStore, the Esaar group's mobile phone retail chain, has announced the acquisition of the operations of Impact Retail Pvt Ltd for an......

Sebi ban on Kishore Biyani won't impact deal with Reliance: Future Retail

Future Retail Ltd has said that Sebi's one-year ban on its chairman Kishore Biyani and some other promoters from the securities market will have "no impact" on the Rs 24,713 crore-deal with......