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Stock Market News

Live Stock Market Updates - Nifty closes at 10,280 level; JSW Steel gained by 3.5%

India Infoline News Service / 15:35, Nov 17, 2017

At the closing bell, indices were lower, erasing the morning gains, on account of profit booking. Reality, Metal and Banking stocks bloomed.

Economy News

Moody's upgrades India's government bond rating to Baa2 from Baa3; changes outlook to stable from positive

India Infoline News Service / 08:19, Nov 17, 2017

Moody's Investors Service (Moody's) has today upgraded the Government of India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive.

IPO News

ICICI Bank board approves selling stake in ICICI Securities via IPO

India Infoline News Service / 14:18, Nov 07, 2017

The Board of Directors of the bank approved the sale of a part of its shareholding in ICICI Securities Limited in an initial public offering by the Company, subject to requisite approvals and market conditions.

MF News

Fund Review – HDFC Mid-cap Opportunities Fund

India Infoline News Service / 11:11, Nov 11, 2017

HDFC Mid-cap Opportunities Fund is a equity mutual fund which primarily invest in mid-cap stocks to generate high returns for investors. It has a well-diversified portfolio with no more than ~10% exposure to any particular sector.

M & A News

Crisil to acquire 100% stake in Pragmatix Services for Rs 560 millions

India Infoline News Service / 08:53, Nov 16, 2017

The company has executed binding agreements to acquire 100% of the equity share capital of Pragmatix Services Private Ltd at a price consideration not exceeding Rs 560 millions.

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