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Markets flat in early trade; Sensex inches towards regaining 34,000-mark
Posted on 13th March 2018
NEW DELHI: Benchmark equity indices opened with losses on Tuesday morning before flattening, a day after Sensex recorded its biggest intra-day gain in two years.

30-share BSE Sensex opened with a loss of 99.72 points on 33,818.22. The broader Nifty too lost more than 30 points at opening. However, in the initial fifteen minutes of trading, both the indices pared some of their losses.

On Monday, buoyed by global cues and encouraging macroeconomic data closer home, the Street made hefty gains as Sensex surged by more than 600 points.

In Tuesday's early trading, the PSU bank sub-index had made a strong comeback gaining more than 2 per cent. The index had finished in the red even amid the buying spree yesterday.

Related Companies: Bombay Stock Exchange - BSE   National Stock Exchange of India Ltd (NSE)    

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HDFC Bank may rely on Indian market for $2.3 billion share sale
Posted on 18th June 2018
Mumbai: HDFC Bank Ltd, the world’s most expensive major lender, is considering relying entirely on the Indian market for a share sale that could raise as much as Rs 15,500 crore ($2.3 billion), people with knowledge of the matter said.

The Mumbai-based bank is weighing seeking all the capital through a qualified institutional placement in India, rather than its usual practice of splitting the fund-raising between an offering of local stock and a sale of American depositary receipts, according to the people.


Salman Khan’s ‘Race 3’ crosses Rs 100 crore milestone over opening weekend
Posted on 18th June 2018
New Delhi: The Salman Khan box office charm shows no sign of fading. The actor’s latest festival release Race 3 crossed the Rs 100 crore mark over its opening weekend, making Rs 106.47 crore in domestic box office collections. The action thriller has emerged as the second highest opening weekend earner of the year so far after period saga Padmaavat that had made Rs 114 crore, but it had a five-day extended weekend compared to Race 3’s three days.

Sebi plans to amend takeover regulations
Posted on 18th June 2018
New Delhi: Securities and Exchange Board of India (Sebi) is likely to change certain provisions in the takeover regulations, including those pertaining to revision of open offer price, a senior official said.

The watchdog’s move comes after public consultations on a discussion paper about review of SAST (Substantial Acquisition of Shares and Takeovers) Regulations.


Sensex slips over 30 points as Asian shares skid on escalating trade war concerns
Posted on 18th June 2018
Indian stock markets opened on a lower note on Monday following weak Asian peers after trade war concerns escalated between two major global economies. The BSE Sensex slipped 38.51 points to a low of 35,585.73 points during early trade. The Nifty50 of the National Stock Exchange fell around 10 points. Out of 1,166 trading companies on the BSE, 558 advanced as compared to 556 declines indicating a slightly bullish trend in the market.

More trouble for Vijay Mallya, Enforcement Directorate files fresh chagesheet against Kingfisher boss
Posted on 18th June 2018
In more trouble for liquor baron Vijay Mallya, the Enforcement Directorate (ED) has filed a fresh chargesheet against him and his companies on charges of money laundering and allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore..

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