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The Fitch Group company said in the event of a US rate hike, global gold prices could drop further and range $900-1,050/oz, and as such, the domestic price of gold may decline and range `20,500-24,000/10gm from the current levels. Photo: Bloomberg
Syngene IPO subscribed nearly 32 times on final day

Syngene IPO subscribed nearly 32 times on final day

At 6.30pm, the IPO had received bids for 511.2 million shares against the total issue size of 16 million shares, National Stock Exchange data showed
Developers tap bond markets to reduce cost of funds

Developers tap bond markets to reduce cost of funds

Civil construction, realty, housing firms raised Rs.7,554 cr via private placement of debt, corp bonds, in first half of 2015
Essar Oil net profit rises 53.8% in Q1

Essar Oil net profit rises 53.8% in Q1

Essar Oil said net profit in the quarter ended June rose to Rs1,063 crore from Rs691 crore in the year-earlier quarter
Healthcare Global files for IPO to raise over $100 million

Healthcare Global files for IPO to raise over $100 million

The firm will utilize the primary funds to be raised for purchase of medical equipment; investment in IT, services and payment of debt
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US equities advance amid earnings reports before Fed decision
Wed, Jul 29 2015. 08 41 PM

US equities advance amid earnings reports before Fed decision

Economists forecast the central bank will hold rates steady in a decision at 2 pm in Washington
Sebi proposes joint task force to check illicit money pooling
Wed, Jul 29 2015. 07 20 PM

Sebi proposes joint task force to check illicit money pooling

Any fund-raising worth Rs.100 crore or more from the public through any unregistered scheme comes under Sebi’s jurisdiction
Live: Sensex closes 104 points higher, Nifty above 8,350, rupee flat at 63.91
Wed, Jul 29 2015. 06 53 PM

Live: Sensex closes 104 points higher, Nifty above 8,350, rupee flat at 63.91

Here are the key developments affecting the domestic and international markets today
Rupee closes little changed against US dollar at 63.91
Wed, Jul 29 2015. 06 53 PM

Rupee closes little changed against US dollar at 63.91

The rupee closed little changed against the US dollar as traders avoided taking long positions ahead of a policy decision from the US Federal Reserve
Bank results indicating asset quality stability: RBI
Wed, Jul 29 2015. 06 32 PM

Bank results indicating asset quality stability: RBI

RBI said the only way to get over mounting bad loans is to adopt correct business practices and risk management strategies
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