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Zee Entertainment sends letter to Sony Group Corporation, requesting an extension of cutoff to complete mergerThe cut-off date for concluding the merger is December 21. Zee had inked a deal to merge with Sony's India Culver Max Entertainment in Dece...
Fintech for Bharat: How FidyPay is looking to close the digital divideFor regional and rural India, the fruits of fintech are not very apparent or uniform when compared to an urban setup. FidyPay wants to chan...
PE firms Bain, CVC Capital among those circling around Max Financial to buy out promoter Analjit SinghMax Financial Services, the country’s largest non-bank private life insurance company, is the parent entity of Max Life Insurance in which ...
Home First Finance garners Rs 346 cr from anchor investors ahead of IPOA total of 66,81,766 shares have been allotted to 25 anchor investors at Rs 518 per share, the upper end of the price band.
Fincare Small Finance Bank plans Rs 1,200 crore IPO, hires bankersAs per central bank norms, SFBs need to have a holding company as a promoter and the bank to be listed in three years of commencement of op...
Stocks in the news: RIL, Wipro, Mindtree, Jet Airways, Ashoka Buildcon, Just Dial and Quess CorpSBICAP Securities has maintained buy rating SpiceJet with a target price of Rs 175.
Stocks in the news: MSTC, Britannia, HPCL, Tata Metaliks, Adani Ports and RComPFC has completed acquisition of majority stake in REC by transferring Rs 14,500 cr to the govt.
Stocks in the news: RIL, Max India, Allahabad Bank, Corporation Bank and GMR InfraMeanwhile, Tata Steel board approved proposal to raise Rs 5,000 cr via debt securities.
Religare Health Insurance sale likely only in 2018, promoters tell Delhi High CourtThe court is expected to hear arguments on Daiichi Sankyo's application to block REL from giving its capital markets subsidiary Rs 500 cror...
Delhi HC asks entities of Religare promoters for timeline of health insurance business saleJustice Jayant Nath has asked the Singhs and two companies they control to submit an affidavit pointing out the status of REL’s sale of Rel...
SwachhBharat@2: How proactive citizens are doing their bit to change the way India handles its trashTo catalyse change, a determined Modi government has launched Swachh Survekshan rankings that names and shames India’s cleanest and dirties...
Expect market upmove to continue for some time: Sandeep Tandon, Quant Broking"The strategy of ‘buy and hold’ will deliver better returns rather than trading in this market."
Expect ‘buy and hold’ strategy to deliver better returns than trading in current market: Sandeep Tandon, Quant Broking"People tend to capitalise on a few weeks’ movement, and then they miss out because the sector rotation is so fast they are unable to ident...
Upbeat on Indian IT story, but stocks look quite expensive currently: Mehraboon Irani, Nirmal Bang Securities"I am comfortable holding onto Infosys and even TCS from a long-term view. But I do not think I have got the courage to recommend it fresh."
Cobra bite may impact growth & profitability of private banks: BrokeragesAnalysts at global brokerage firms are of the view that the allegation of Cobrapost, could result in slowdown in growth in private banks.
Cobrapost impact: Bank Nifty cracks; ICICI, Axis and HDFC Bank lead losersMarkets came under pressure in the afternoon trade, led by selling pressure in rate sensitive stocks such as banks, realty and auto stocks.
- Axis Bank a strong buy: Ajay Bagga, Deutsche Bank
There could be a much better recovery in Ireland qualitatively than say a Portugal or a Greece.
- Russian company urges Goa govt not to confiscate its property
A Russian-owned company in Goa has requested the state government not go ahead with the confiscation of their properties as the matter is s...
- Indust-real achievements
As India's corporate sharks continue to climb notches above the Global power list of Rich and Influential, the real engines of success have...
- Why women need exclusive financial products?
Women need exclusive financial and protection products because of the changing social, family and individual requirements, say experts. Wom...