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Record close: Sensex up 251 pts; Nifty hits 10,900 intraday on global cues, stable Q3

2018-01-19 moneycontrol
Bulls have not been giving any chance to bears to take control at Dalal Streel as benchmark indices ended another session at record closing high on Friday, taking weekly gains to 919 points on the Sensex. (27-0)

Market at record close, Nifty above 10,800 for 1st time; midcaps, metals underperform

2018-01-18 moneycontrol
Benchmark indices finished the day at fresh record closing highs despite late volatility on Thursday but the broader markets underperformed by a huge margin. (50-0)

News Live: Bonds slump after RBI warns of high rate risks

2018-01-16 moneycontrol
US-based private equity player Blackstone Group is in advanced talks to acquire two commercial properties of L&T Realty, totalling 1.7 million sq ft, in a deal valued at Rs 2,300 crore, sources told The Economic Times. This portfolio of the real estate arm of engineering major Larsen & Toubro includes about 8 lakh sq ft of fully-leased commercial tower at the L&T premise in Powai suburb and another 9 lakh sq ft office block at the company's commercial project at Seawoods, in Navi Mumbai. (57-0)

News Live: Torso of missing pilot in ONGC crash found, DNA analysis underway

2018-01-16 moneycontrol
The search team has recovered a torso, assumed to be that of the missing pilot of the Pawan Hans helicopter that crashed into the sea off the Mumbai coast on Saturday, an official said today. “The torso was found last night. But, there would be clarity on it after DNA analysis,” the official at the Cooper Municipal General Hospital told PTI. (17-0)

News Live: 26/11 survivor little Moshe arrives in Mumbai, says he#39;s very happy

2018-01-16 moneycontrol
Around 37% of total equity assets under management of mutual funds is from the state of Maharashtra. As per data released by the Association of Mutual Funds in India (AMFI), of the total Rs 9.80 lakh crore of total equity assets, Rs 3.64 lakh crore has been contributed by Maharashtra. (17-0)

Bajaj Finance to acquire 12.6% in Mobikwik

2018-01-16 livemint
New Delhi: Bajaj Finance Ltd on Tuesday said it will acquire 12.60% stake in mobile wallet company Mobikwik as against 10.83% stated earlier due to a change in conversion price of the compulsory convertible cumulative preference shares. (3-0)

News Live: Jhunjhunwala, Damani team up for Binani Cement bid, says report

2018-01-16 moneycontrol
Rakesh Jhunjhunwala and D-Mart promoter Radhakishan Damani have teamed up to bid for Binani Cement, sources told The Economic Times. Established cement makers such as UltraTech, Heidelberg, the JSW Group, Dalmia Bharat and Ramco Cements also made proposals on their own or in partnerships to acquire the assets of the debt-ridden company on the last day to submit bids, sources said.  (17-0)

News Live: RIL to invest Rs 5,000cr in non-Jio businesses in WB over 3 years

2018-01-16 moneycontrol
Reliance Industries Chairman Mukesh Ambani said his company is committed to invest over Rs 5,000 crore in non-Jio businesses over the next three years. He was speaking at the two-day Bengal Global Business Summit. “RIL has invested around Rs 15,000 crore in West Bengal over two years,” he said. (17-0)

Bajaj Finance to acquire 12.6% stake in Mobikwik

2018-01-16 thehindubusinessline
Last year, Bajaj Finance had entered into a subscription agreement with One MobiKwik Systems to acquire 10.83 per cent stake for about Rs 225 crore (3-0)

Bajaj Finance to acquire 12.6% in Mobikwik

2018-01-16 moneycontrol
Bajaj Finance today said it will acquire 12.60 per cent stake in mobile wallet company Mobikwik as against 10.83 per cent stated earlier due to a change in conversion price of the compulsory convertible cumulative preference shares. (3-0)

Bajaj Finance Limited - Acquisition

2018-01-16 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (3-0)

Bajaj Finance Limited - Acquisition

2018-01-15 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (3-0)

Look at larger picture to create value: Vaidyanathan, CEO of Capital First

2018-01-13 business-standard
Capital First brings with it the retail experience that IDFC Bank was looking for long. The non-banking finance company has built up capabilities that are strongly complementary to the bank, V Vaidyanathan, founder and chairman of Capital First Ltd, tells Anup Roy. Edited excerpts: It’s a big day for you... Yes, very, very big day for us as well as IDFC Bank. IDFC Bank has a legacy problem and wanted to grow out of the problem through aggressive acquisitions. (3-0)

Sebi curb: Price Waterhouse set to lose 75 listed firms to rivals

2018-01-11 business-standard
The hit on Price Waterhouse (PW) has opened up new business opportunities worth over Rs 1 billion for other auditing firms in the country. The Securities and Exchange Board of India (Sebi) had on Wednesday banned PW from auditing listed companies for two years. PW was the statutory auditor for 85 listed companies in 2016-17, and these companies spent Rs 1 billion on audit expenses during the year. (17-0)

Infosys, HDFC twins lift market to fresh record close; Nifty above 10,650 for 1st time

2018-01-11 moneycontrol
Benchmark indices were off day's high in late trade but still managed to end at fresh record closing high on Thursday. Infosys and HDFC Group stocks helped the Nifty close above 10,650 level for the first time. (27-0)