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Business News/ Market / Stock-market-news/  Opening bell: Asia opens lower; RIL, Bajaj Auto in news
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Opening bell: Asia opens lower; RIL, Bajaj Auto in news

In other news, Industrialist Sajjan Jindal said his JSW Group will invest Rs7,000 crore more in the ports sector to create assets in the country as well as abroad

Photo: MintPremium
Photo: Mint

US stocks end mixed; Asian markets open lower

US equities closed mixed Friday after a choppy trading session after US President Donald Trump suffered a legislative defeat last Friday when Republican leaders pulled a bill to overhaul the US health care system.

Asia markets were cautiously lower in early trade on Monday.

Sebi bans Reliance Industries from equity derivatives market for a year

The Securities and Exchange Board of India (Sebi) banned Reliance Industries Ltd (RIL) from accessing the equity derivatives market for a year, and directed the company to disgorge the profits made by violating the rules on unfair trade practices when it sold a stake in its erstwhile unit Reliance Petroleum Ltd (RPL).

Bajaj Auto, Kawasaki end 8-year old alliance in India

Bajaj Auto has agreed with Japan’s Kawasaki to end their eight-year old alliance for sales and services in India from next month.

Shriram Properties to invest Rs15,000 crore on realty projects

Shriram Properties will invest Rs15,000 crore over the next 7-8 years for the development of around 30 ongoing projects, largely residential, across six major cities.

India now 3rd largest aviation market in domestic air passenger traffic: Capa

India has become the third largest aviation market in terms of domestic passenger traffic, beating Japan. India’s domestic air passenger traffic stood at 100 million in 2016 and was behind only the US (719 million) and China (436 million), Sydney-based aviation think-tank Capa (Centre of Aviation) said.

General insurance premium set to go up from 1 April

Car, motorcycle and health insurance will cost more from 1 April with regulator Insurance Regulatory and Development Authority (Irdai) giving go-ahead to insurers for revision in commission for agents.

Indian companies line up Rs20,000 crore IPOs

The initial public offer (IPO) lane is getting busy as companies have lined up initial public offerings worth Rs20,000 crore in the coming months to fund their business expansion and meet working capital requirements.

Govt may table GST Bills in Parliament on Monday

The government is likely to table supplementary goods and services tax (GST) legislations in Parliament on Monday. Central GST (C-GST), integrated GST (I-GST), Union Territory GST (UT-GST) and the compensation law are likely to be introduced in the Lok Sabha tomorrow and could be taken up for discussion as early as 28 March, reports Mint.

JSW Group set to invest Rs7,000 crore more in ports sector

Industrialist Sajjan Jindal said his JSW Group will invest Rs7,000 crore more in the ports sector over the next three years to create assets in the country as well as abroad.

Shankara Building IPO subscribed 41.60 times on last day

The initial public offering of Shankara Building Products got subscribed 41.60 times on the last day of the issue on Friday following robust investor demand.

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Published: 27 Mar 2017, 07:54 AM IST
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