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Stocks in the news: Mindtree, PNB, Reliance Industries, IndiGo, Bajaj Auto and Tata SteelHere are a few stocks, which may buzz the most in today's trade.
Global investor syndicates in the fray to acquire PNB Housing FinanceThe deal is expected to fetch ₹14,000 crore, two persons close to the developments told ET.
Credit Suisse to help PNB sell 33% in armIts 33 per cent stake in the listed housing finance company is expected to fetch Punjab National Bank (PNB) about Rs 6,600 crore.
McAfee working on security solutions for digital walletsAlthough McAfee already works with mobile wallet companies, it is now looking at strengthening its range of products further both from cons...
As next-gen spenders go cashless, eWallet scamsters, too, are getting creativePolice officials have confirmed that there have been numerous such cases of API-based payment frauds across the country.
Bank fraud adds to rupee's woes as lenders may curb trade creditThe rupee is set for its worst week since September as traders cite enhanced demand for dollars.
Midcap rally rains billions for Sun TV’s Maran, dozen othersAccording to Bloomberg Billionaire index, Maran was India’s 21st richest individual as on date.
Ten stocks in focus on Thursday, 16 June 2016The Indian market is expected to open flat. Here is a list of top ten stocks that are likely to be in focus today:
- Brokerage views on GSPL, IRB Infra, RIL, ONGC, BHEL
Read on to know what brokerages have to say about select stocks that are likely to be in action today.
- Private equity giants Carlyle Group and Advent International team up for British Telecom's Tech Mahindra stake
Private equity giants Carlyle Group and Advent International are in the reckoning to buy British Telecom's 23.2% stake in India's fifth lar...
- New GSM additions show slower growth; on decline for six consecutive months
Cellular additions, especially on the popular GSM-technology, have declined for six consecutive months.
- iGate set to acquire Patni Computer in $1 bn deal
The deal marks culmination of efforts made by promoters and PE firm General Atlantic to sell their stake in Patni since 2007.
- Investors lose money in 37 out of the 62 IPOs this year
Many of the issues have been overpriced, as the promoters were confident of finding buyers in a bullish market.
- DLF, Unitech lack in transparency, key disclosures: Report
Credit Suisse in a report stated that related-party transactions account for a significant portion of their revenues. A formula for success...
- Credit Suisse clients lost 1 bn francs in Madoff scam
Clients of Switzerland's second biggest bank Credit Suisse have lost up to a billion Swiss francs in the alleged pyramid scheme of Wall Str...
- Top banks face billions in global losses from Madoff scandal
Top banks in Europe and Asia revealed they could lose billions of dollars in a massive alleged pyramid investment fraud scam run by Wall St...
- KP kin declared offender in Madhavpura bank scam