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Govt plans to ask PSUs sitting on cash piles to buy back shares

NEW DELHI: The government plans to ask state-run firms, sitting on huge piles of cash, to launch share buyback programmes to return money to shareholders as it gropes for ways to raise…

Indian share markets volatility to continue as situation in Greece unfolds in coming weeks

MUMBAI: Indian share markets are likely to remain volatile as investors will look out for how the situation in Greece unfolds over the next few days. Any adverse news, especially in the wake of…

Brokers may deduct 10% tax on transaction charges for online trading

MUMBAI: Share brokers may have to deduct 10% tax at source on transaction charges that they pay to stock exchanges for online trading, according to a court order. The move will…

Sensex up over 180 points; Sterlite, Hindalco, Axis Bank gain

MUMBAI: The National Stock Exchange’s Nifty held on to intraday gains as investors bought stocks across the board after Greece shelved referendum on European bail out plan. According to analysts,…

Sensex gains momentum; Sterlite, BHEL, Hindalco up

MUMBAI: The Bombay Stock Exchange’s Sensex gained momentum as sentiments in global markets turned positive after reports that Greece will not hold referendum on European bail out plan. All the…

Sensex opens 1% higher; Bharti Airtel down as results disappoint

MUMBAI: Sensex opened 1.1 percent higher on Friday as better-than-expected domestic corporate earnings boosted investor confidence while positive developments in Greece aided sentiment. Shares of Bharti Airtel, India’s top mobile phone carrier, opened…

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