Closing bell : BSE Sensex rises to 299 points, Nifty to 11000
BSE Sensex closed 299 points, or 0.83%, higher at 36,526.14, while the Nifty 50 gained 77.85 points, or 0.71%, to close at 11,008.30. The BSE MidCap Index rose 0.53%, while the SmallCap Index declined 0.25%.
Oil prices extend longest quarterly rally
Oil in London extended gains after the longest quarterly rally in a decade as a slowdown in American drilling added to supply risks while the U.S. and Saudi Arabia discussed market stability. Brent crude rose as much as 0.7 percent, after front-month futures climbed
INR 94,442 crore GST Tax revenue collected in September
Delhi : Total Rs 94,442 crore GST Tax (Goods & Services Tax) revenue collected for month of September, of which Rs 15,318 crore is CGST (Central GST), Rs 21,061 crore is SGST (State GST), Rs 50,070 crore is IGST (Integrated GST)
Elon Musk To Step Down As Tesla Inc’s Chairman
Famous entrepreneur and business icon Elon Musk stepped down as the chairman of Tesla this Saturday.
KKR, Blackstone in $3 Billion Shriram Group Deal
KKR & Co. and Blackstone Group LP are among suitors that have expressed interest in acquiring a stake in Shriram Group, the Indian finance conglomerate backed by billionaire Ajay Piramal.
Netflix to double investment in France
U.S. video streaming company Netflix Inc plans to double its investment in France and produce 14 local shows, twice as many as first planned, Chief Executive Officer Reed Hastings said on Friday.