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The case was first detected by the Delhi police after it intercepted three persons with about Rs 3.7 crore cash in old notes in front of the Axis Bank branch in November last year.

Axis Bank shares surge 8 pc, mcap rises by Rs 9,295 cr

In terms of equity volume, 24.36 lakh shares of company were traded on BSE and over 3 cr shares changed hands at NSE.

1 Nov 2017 9:19 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank Q2 net loss at Rs 198 cr as NPAs rise

Bank had reported net profit of Rs 55.52 crore for the July-September period of last fiscal, 2016-17.

1 Nov 2017 9:10 AM IST

DLF has a land bank of 269 million sq ft, of which 26.9 million sq ft of projects area was under construction at the end of the first half.

DLF gets shareholder nod for promoters' Rs 12,000 cr stake sale

DLF will have 66.66 per cent stake in DCCDL and GIC 33.34 per cent in the joint venture.

30 Sept 2017 2:12 PM IST

The Corporation has increased its market share from 70.44 per cent to 71.07 per cent in the last fiscal year.

LIC's surplus payout to govt up 15.8 pc at Rs 2,207 cr in FY17

In FY16, LIC had paid Rs 1,900 crore, thus showing a growth of 15.79 per cent in FY17.

30 Sept 2017 11:35 AM IST

SBIs announcement to offload up to 5 per cent stake in SBI Life to a non-promoter group might be construed as a test to see the market response.

SBI Life to start its market innings on Tuesday

The initial public offer (IPO) of Rs 8,400 crore was oversubscribed 3.58 times on September 20-22.

29 Sept 2017 2:00 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

Bank of Baroda cuts base rate by 0.15 per cent to 9.15 per cent from...

Method which charges interest on credit worthiness of customers, has also been cut to 13.45 per cent per annum.

28 Sept 2017 3:58 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC may sell IOC, GAIL stakes to fund HPCL acquisition

ONGC holds 13.77 per cent stake in India's biggest refiner IOC, which at market price is worth about Rs 26,600 crore.

28 Sept 2017 3:30 PM IST

Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.

MAS Financial Services sets IPO price band at Rs 456-459

Company has undertaken a private placement of 39,90,422 shares for cash consideration aggregating Rs 135 crore.

28 Sept 2017 2:00 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

Govt plans to sell stake in ONGC oilfields to private firms

ONGC produces 87 per cent of its 25.53 million tonnes of oil from fields given to it on nomination basis.

27 Sept 2017 8:05 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI to buyback shares worth Rs 99 crore in primary dealership unit

SBI will buy back 1,911,974 equity shares it held in SBI DFHI for Rs 520 per share

27 Sept 2017 7:08 PM IST

Non-life insurer had fixed the price band at Rs 651- 661 per share for the Rs 5,700-crore IPO.

ICICI Lombard makes tepid debut, shares list nearly 2 per cent lower

The stock listed at Rs 650, down 1.66 per cent against the issue price on the BSE.

27 Sept 2017 12:31 PM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank awaits board's approval to raise up to Rs 20,000 cr

Stock of the bank on Tuesday closed 0.22 per cent up at Rs 360.35 on BSE.

26 Sept 2017 8:18 PM IST