Indian Hume Pipe Limited has bagged an order of Rs. 256.19 crores from Tamil Nadu Water Supply & Drainage Board, Coimbatore.

This acquisition would help Tanla Solutions become a global leader in business cloud communications. The deal is expected to close by October 2018 and is subject to approval from Tanla’s shareholders and regulators, if any.

The Board of Directors of Infosys have accepted the resignation of M. D. Ranganath, the Chief Financial Officer of the company. The stock of Infy has taken a hit from this news and was trading at Rs. 1,401 per share, down by over 2 per cent, at10:33 hours on Monday.

Ratnamani Metals & Tubes has received two new orders for supply of CS Pipes from the Oil & Gas sector. Following the development, the stock was quoting Rs. 869.65 per share, up by 1.08 per cent, at 11:46 am on Monday.

Taking cue from Fitch Ratings' commentary on the Indian economy, the benchmark indices BSE Sensex and Nifty50 are charting all-time highs. The BSE Sensex was at 38,224.93, up by 277.05 points or 0.73 per cent, while Nifty50 was comfortably trading at 11,537.10, up by 66.35 points or 0.58 per cent at 10:30 am, on Monday.

A follow-through strength and a close above the zone of 11,495-11,500 would indicate acceleration in the momentum towards the levels of 11,580-11,600 in the near term. Stocks in news: Larsen and Toubro, Infosys, Jet Airways, Goa Carbon, Fortis Healthcare, CG Power and Industrial Solutions, Navin Fluorine, Meghmani Organics and DPL.

A firm start is in the offing for the Indian markets tracking positive global cues. The bullish trend in the SGX Nifty suggests that the Nifty could open higher by 45 points at 11,523.  

All commercial banks levy a plethora of charges for providing various kinds of services to the customers. However, the customers may not even be aware of these charges unless they check up their bank accounts regularly.

Home loan is a big financial liability for a home buyer, not only because the amount involved runs into millions, if not crores, of rupees, but also because the tenure of the home loan runs into a decade or more.

Retired persons drawing monthly pension after retirement can claim various deductions and exemptions under various sections of the Income Tax Act. Let us take a look at all the exemptions and deductions available for the retirees that can help them save on their income tax.