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The stock jumped 19.97 per cent to settle at Rs 499.60 on BSE.

Shoppers Stop shares soar 20 per cent on Amazon deal

The retail company said it will raise Rs 179.26 crore from Amazon by issuing equity shares.

25 Sept 2017 6:10 PM IST

Prior to the merger, HPCL is likely to take over Mangalore Refinery and Petrochemicals (MRPL) to bring all the refining assets of ONGC under one unit.

ONGC to acquire HPCL in bulk or block deal in Nov-Dec

Government's 51.92 crore shares could be sold to ONGC using either the bulk or block deal.

25 Sept 2017 1:57 PM IST

In a statement, Air India condemned the incident and said that they will also probe the matter at their end.

Govt seeks asset valuer for Air India stake sale

Govt had earlier called for applications for a legal advisor and up to two transactional advisors.

23 Sept 2017 12:32 PM IST

PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the banks ATMs.

PNB plans to raise up to Rs 5,000 crore from market

PNB had reported over 12 per cent rise in net profit at Rs 343.40 crore for the quarter ended June 30, 2017.

22 Sept 2017 3:07 PM 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 IPO oversubscribed 1.43 times

SBI will dilute up to 8 crore shares while BNP Paribas Cardif SA will offload up to 4 crore shares.

22 Sept 2017 1:19 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Reliance Home Finance shares list on NSE, BSE

Stock opened at Rs 107.2 in the opening tick and trading at Rs 109.20 in the mid session on the NSE.

22 Sept 2017 12:57 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Private banks share in advances to hit 38-40 per cent by FY'20: ICRA

Market share of private sector banks stood at 19.9 pc at end of March 31, 2014 and 27.5 pc in fiscal 2016-17.

21 Sept 2017 5:22 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.

Bandhan Bank IPO to hit markets next fiscal

The bank's capital adequacy ratio stood at 26 per cent as on June 30.

21 Sept 2017 4:10 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.

Blockbuster debut for Dixon Tech, shares soar nearly 64 per cent

Dixon Technologies' Rs 600 crore IPO was oversubscribed 117.83 times during September 6-8.

18 Sept 2017 5:19 PM IST

Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Govt may raise over Rs 15,000 crore from IPO of 2 PSU gen insurers

Government had estimated to garner about Rs 11,000 crore by diluting its stake in insurance companies.

18 Sept 2017 10:09 AM IST

Cement segment, which is witnessing consolidation - last fiscal, had signed acquisitions of Rs 32,000 crore last fiscal.

JK Cement to invest up to Rs 1,500 cr for expansion in 3-4 yrs

Company had reported a 30.4 per cent rise in its net profit during the April-June quarter.

15 Sept 2017 4:30 PM IST

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

IDBI Bank sells 2.5 per cent stake in Clearing Corp

IDBI Bank has sold 12,50,000 equity shares in Clearing Corporation of India on September 13, 2017.

14 Sept 2017 7:19 PM IST