IDBI’s share jump 0.4% post LIC-IDBI deal
IDBI’s share witnessed a dramatic rise in the intra-day trade today post LIC’s approval to buy a 51% stake in the bank. The IDBI bank settled 0.4% higher at 50…
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IDBI’s share witnessed a dramatic rise in the intra-day trade today post LIC’s approval to buy a 51% stake in the bank. The IDBI bank settled 0.4% higher at 50…
Four entities are likely to bear a fine of ₹17 lakh imposed by Market Regulator, SEBI, for breaching market norms. The Securities and Exchange Board of India on Friday imposed…
Trader’s Body, The Confederation of All India Trader (CAIT) announced a nation-wide strike to protest against Wallmart’s new acquisition of Indian e-commerce Flipkart. CAIT in a statement said that All…
Cash-starved IL&FS financial services on Thursday announced a fresh debt obligation of ₹395.46 crore could not be serviced. The debt constitutes of payments from banks, term deposits and short-term deposits.…
The NBFC crash seems to have no effect on the recently initiated IPO of Aavas Financiers. The Jaipur-based HFC Aavas Financier raised 97% subscription against its share sale which aimed…
9:30 AM After an initial surge, both the major equity benchmarks turned red within half an hour of trading. Sensex is down 21.21 points (0.06%) at 36302.96, while the Nifty…
Tata Power on Thursday notified that it has signed a MoU with Hindustan Petroleum to establish E-vehicle charging station at commercial level across the country. The stations will mostly be…
The Benchmark indices ended in red after trading in gains for a short span of time in the Thursday trade. Weak global cues, peaking global crude prices and depreciating currency…
One of the key convicts in PNB bank fraud case, Mehul Choksi was granted time extension till 30th October by a special court on Wednesday to reply to an Enforcement…
Amid rising fear of credit crunch, The Reserve Bank of India on Thursday relaxed the mandatory cash requirement levied on the banks as it would induce “durable liquidity” in the…