The India International Exchange (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC) at GIFT City, Gujarat has achieved a major milestone on April 16, 2018 when the daily trading turnover of its Derivatives segment crossed approx Rs. 3460 crore.

BSE, India's fastest bourses, announced that Issuers have successfully raised Rs. 6,900 crores on its BSE BOND platform as per the Revised Guidelines issued by SEBI.

With the increasing penetration and rising participation from small town investors the mutual fund SIPs have increased in the last fiscal. The data from AMFI shows that the retail investors are preferring SIP option for investing. 

Tata Communications and South Africa-based Dreamtime Technologies (DTTech) tie-up to help African mobile operators provide seamless mobile and IoT service across the African continent.

For the fifth consecutive year, the AUM of the Indian equity mutual funds increased in FY18.

Following stocks are close to their 52-week low as at 12.51 p.m. on April 17, 2018.

The markets on April 17, 2018 opened gap down. BSE Sensex is trading at 34,260.62, down by 44.81 points and the Nifty is trading at 10,508.35, down by 20 points. 

These recent order wins which is likely to be executed over next 15 months provides strong revenue growth for the company in the coming fiscal. Also, the company is involved in consumer products (fans, luminaires, lighting and appliances) business which would further lighten the growth of Bajaj Electricals.

Many investors use liquid funds as an option to park excess money for a short duration and to gain a decent yield. 

American retail major Walmart is in talks to acquire majority stakes in Indian e-commerce giant Flipkart. The proposed deal values Flipkart at US$18 billion to $20 billion. If the deal gets through it will heat up the competition in the Indian retail industry.