Gold traders step up hedging on bourses
Indian gold traders are increasingly turning to hedges on local bourses to fight price volatility as they seek to revive consumption, exchange officials and analysts said.

BSE among top 10 exchanges globally
The Bombay Stock Exchange (BSE) has emerged as one of the top ten bourses globally in terms of valuation of shares traded, with its market valuation nearly doubling to Rs 60,79,892 crore ($1.31 trillion) last year.

Index may open on a weak note
The Nifty moved in a narrow range today, faced strong resistance above 5,130 and closed at 5,100 on lack of support at higher levels.

'Good scope for Indian firms at AIM'
Londons Alternative Investment Market (AIM) for small and mid-level companies is again trying to attract Indian companies to raise funds. Marcus Stuttard, head of AIM, London Stock Exchange (LSE) Group, was in Mumbai for a road show in this regard. He ...

NMDC shares down 6% after FPO band announcement
The share price of NMDC, the state-owned mining company, fell over 6 per cent today after the government announced a price band of Rs 300-350 per share for its follow-on public offer (FPO).

India Inc faces higher gratuity provisioning
Over 50 per cent of Indian companies will have to make higher provisions in their balance sheets as gratuity expenses. This follows last weeks Union Cabinet decision to raise the tax-free ceiling of gratuity payable to private sector employees from Rs ...