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The IPO, which was open for subscription on November 7-9, was subscribed 4.89 times at a price band of Rs 275-290 per share.Business
HDFC Standard Life to list on bourses tomorrow

HDFC Standard Life Insurance had raised Rs 2,322 crore from anchor investors.

16 Nov 2017 12:01 PM IST

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTIBusiness
RCom says not making any payment to lenders for time being

On October 30, RCom said that it plans to pay debt of 27,000 crore through asset monetisation.

16 Nov 2017 9:22 AM IST

Bharti Airtel Ltd is mulling phasing out its 3G service in two years and upgrading all its subscribers to the 4G network. (Photo: PTI)Business
Bharti Airtel sells stake in Bharti Infratel for Rs 3,325 crore

Bharti Airtel, India's largest telecom operator, will primarily use proceeds from this sale to pare its debt.

14 Nov 2017 12:53 PM IST

Company had posted a net loss of Rs 226 crore in the corresponding quarter of previous fiscal, Punj Lloyd said in a BSE filing.Business
Punj Lloyd Q2 net loss widens to Rs 248 crore

Total income from operations rose marginally to Rs 1,086 crore from Rs 1,024 crore.

11 Nov 2017 4:58 PM IST

Cement segment, which is witnessing consolidation - last fiscal, had signed acquisitions of Rs 32,000 crore last fiscal.Business
JK Cement Q2 net profit jumps over two-fold to Rs 93 crore

Total standalone revenue of the company rose to Rs 1,142.05 crore in July-September quarter.

11 Nov 2017 3:39 PM IST

Company had earned a profit of Rs 272.07 crore in the same quarter of the previous financial year. (Representational Image)Business
Reliance Power Q2 profit flat at Rs 273 crore

Total income decreased to Rs 2,379.68 crore in the September quarter, from Rs 2,562.25 crore a year ago.

11 Nov 2017 2:12 PM IST

Total expenses increased 2.56 per cent to Rs 2,202.68 crore as against Rs 2,147.67 crore earlier. (Photo:\ Representational Image)Business
Britannia Industries Q2 net up 11.5 pc to Rs 261 crore

Total income from operation rose 3.95 per cent to Rs 2,596.11 crore as against Rs 2,497.27 crore.

11 Nov 2017 1:11 PM IST

RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: File)Business
RCom allots 10 pc shares to Sistema Shyam Teleservices

Value of shares allocated to Russian conglomerate Sistema owned SSTL is estimated to be around Rs 415 crore.

11 Nov 2017 11:20 AM IST

Axis Bank launched a home loan product that entails waiving off a few EMIs during the course of a loan. (Photo: PTI)Business
Axis Bank to raise Rs 11,626 crore from investors

Bank will raise Rs 9,063 crore from the share sale and Rs 2,563 crore from the sale of warrants.

11 Nov 2017 11:09 AM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.Business
Allahabad Bank Q2 net rises 8 per cent to Rs 70 crore

Total income remained flat at Rs 5,067.78 crore during the quarter as against Rs 5,051.61 crore.

10 Nov 2017 5:22 PM IST

Mahindra & MahindraBusiness
M&M Q2 net profit jumps 25 per cent to Rs 1,332 crore

Revenue from operations for the quarter under review was at Rs 12,182.07 crore.

10 Nov 2017 3:46 PM IST

Brokers and shareholders at Kolkata share market react as Sensex and Nifty gain after opening on the first day on Monday following the launch of GST. (Photo:PTI)Business
Mahindra Logistics shares make tepid debut

Company's Rs 829-crore IPO was subscribed 7.90 times during October 31-November 2.

10 Nov 2017 1:45 PM IST

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