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    Monday, July 8, 2019

    Sensex plunges 800 points; Rs 5L cr investor wealth gone in 2 days

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    THE ECONOMIC TIMES
    Mon, Jul 08, 2019 | 05:45 PM IST

    Daily Newsletter

    ET Associate Sponsor libertyInsurance
    Sensex plunges nearly 800 points; Rs 5L cr investor wealth gone in 2 days

    After falling around 1 per cent on Friday, BSE Sensex cracked another 1.50 per cent.

    1.7L entities withdrew over Rs 1cr from bank in a yr

    Through the proposed 2% TDS, govt hopes to improve tracking of entities that withdraw large amounts of cash....

    IAF pushes Rs 1.5 lakh cr for 'Make In India' deals

    The IAF is finalising two long-pending mega 'Make in India' projects worth about Rs 1.5 lakh crore ($22 billion). But...

    Tata settles $7.3 bn dues to complete mobile biz sale

    Tata agreed in October, 2017 to dispose of the unprofitable businesses under Tata Teleservices Ltd. and Tata Teleservices (Maharashtra).

    An ex-CEA decodes the budget for the layman
    The ratings given by Arvind Virmani are starkly different for Part A and B of Friday's Budget.
    Hurdles for predictive cancer testing in India
    Doctors want more validation. Plus, there are the issues of cost and fewer early-stage patients.
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    Market Watch 8 Jul | 05:45PM|
    SENSEX NIFTY USD/INR GOLD
    38720.57
    -792.82
    11558.60
    -252.55
    68.66
    0.24
    34725.00
    142.00
    MARKET NEWS
    Here is the main reason behind the market crash

    The effective rate of tax would now be 39 per cent on income of Rs 2 crore-Rs 5 crore....

    Budget treated equity investing in line with cigarette or alcohol use

    It seems the government looks at stock investing as rich people's business. ...

    Gainers Losers 8 Jul, 2019, 05:45PM IST, PTI|View All
    Company Name Live Price Change (%) Volume High Low
    Yes Bank 93.10 5.56 13166376 94.55 85.7
    INDIGRID 89.60 4.30 20412 89.6 87.0
    LALPATHLAB 1121.45 3.94 63887 1147.0 1067.5
    Symphony 1258.50 3.86 2458 1263.05 1172.0
    Supreme Industries 1142.30 3.26 3434 1157.4 1070.0
    MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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    Khadi is all set for a makeover
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    FROM THE NEWSPAPER
    The Budget has a 'Make in India' problem

    Import of finished TV sets from countries with which India has FTA leads to net savings of around 5%....

    Oyo founder is eyeing the big boss seat

    The move, unprecedented among new-age Indian startups, will help Agarwal raise his stake to around 30%....

    One move turned IL&FS from pariah to prized

    Buyers will now be able to set off historical losses against future profits, lowering taxable income....

    Meet Infosys' on-site crorepatis

    Infosys has more than 2,200 employees outside India who earned more than Rs 1 crore last fiscal....

    New buyback tax has IT cos looking for plan B

    Government is looking to plug a loophole in buybacks as these are not taxed like dividend payouts....

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