Poor demand has forced Maharashtra-based Prabhat Diary to slash price band and extend the closing date for its initial public offer (IPO).
India VIX, a measure of investor perception about the risk of sharp swings based on options prices, soared to a 15-month high on Tuesday as turmoil in the global markets and lower-than-expected economic growth roiled Indian equities.
Indian Banks' Association (IBA) will finalise the components of the spread over and above the base rate, to ensure uniformity in lending rate calculations.
Private sector lender, YES Bank, has overhauled its organisational structure to lay special emphasis on the retail and the Small & Medium Enterprises business (SME).
Snapping its 2-day losing streak, the rupee recovered by 26 paise to close at 66.22 against the US dollar today on fresh selling of the greenback by banks and exporters in overseas markets amidst fall in equities.
The turmoil in China continued to weigh on investor sentiment even into the first day of another month.
India Inc is inadequately covered for business-related risks. A survey conducted by ICICI Lombard said that revealed that despite being aware, companies have taken insurance coverage for only a few risks.
Shares of Escorts are up 14 per cent over the week on expectations of a pickup in tractor volumes in upcoming festival season and the improvement in margins led by higher volumes and lower input costs. But, it may be a bit early to buy on hopes.
Private life insurer DHFL Pramerica Life Insurance which achieved breakeven in last fiscal is now looking to scale up its affinity distribution model.
The Securities and Exchange Board of India (sebi) committee on the clearing corporations headed by K V kamath has proposed that the current requirement of transferring of 25% of exchange profits to the settlement guarantee fund (sgf) of clearing
The deficit monsoon has hit the new premium income of India’s top life insurer Life Insurance Corporation (LIC) in Uttar Pradesh and Uttarakhand.
At least five of India's top ten fund houses have exposure to shares of the financially stressed Amtek Auto, an auto & ancillary company. They include HDFC Mutual Fund, Kotak MF, UTI MF, ICICI Prudential AMC and IDFC MF.
Capital market regulator Sebi has sought clarifications from merchant bankers of four firms, including Alkem Laboratories and Infibeam Incorporation, in connection with their proposed initial public offers (IPOs).
Benchmark Indices crashed today, amid a sell-off in global stocks, after weaker than expected Q1 GDP data coupled with slower pace of core sector and factory growth raised worries about a pick up in the economy going forward.
The CNX PSU Bank index, a gauge of public sector banks, hit a 15-month low on the National Stock Exchange (NSE) after Nikkei purchasing managers' index (PMI) data showed that factory production expanded at a lower pace in August compared to
In order to add 20,000 MW more electricity generation facility as part of Vision 2023, Tamil Nadu Government today announced setting up a new 4,000 mega watt (MW) thermal power plant at a cost of Rs 24,000 crore.
Yes Bank today said it will enter the credit card space by June and has appointed former HDFC Bank executive Rajanish Prabhu to lead the division, as it announced a new organisational structure to boost retail and corporate banking.
Mineral bearing states of Odisha, Karnataka and Maharashtra are likely to put 22 iron ore mines under the hammer in the upcoming mines auction in October and November this year.