News Overview

Negotiations are said to have been going on for more than a month and the SBI is awaiting clarification on the possible government stake in Vi.

Indias eight core sectors output growth almost turned flat in October, coming at just 0.1% from 7.8% in September, with cement and refinery products slipping into contraction. The Index of Core Industries released by the Commerce and Industry Ministry, which constitutes about 40% of the Index of Industrial Production (IIP), was unchanged month-on-month at 138.Powered by Capital Market – Live News

According to CEO Shailendra Singh, parent Bank of Baroda (BOB) is looking for a strategic investor in the cards business to leverage India's rising credit culture and rapid expansion in smaller towns.

The luxury watch retailer has signed an exclusive partnership deal with contemporary watch brand Trilobe, to bring its collection to the Indian market.

Adani Green Energy (AGEL), through its subsidiary Adani Solar Energy AP Six, has raised JPY denominated facility to refinance its existing indebtedness. The facility comprises JPY 27,954 million (c. USD 200 Mn equivalent) amortising project loan facility, assessing the 16 years debt structure with door-to-door tenor of 10 years and average tenor of more than 8 years. The project loan facility is supported by AGELs […]

Tamilnad Mercantile Bank jumped 5.13% to Rs 535.90 after the bank announced that it has been authorized by the Reserve Bank of India (RBI) to undertake government business on behalf of RBI.

When we introduced our Googly line of biscuits, Bisk Farm was seen as the category disruptor, as the name symbolises, according to Arpan Paul who talked to Financial Express, executive chairman of SAJ Food.

The domestic equity barometers traded with modest gains in morning trade. Positive global cues boosted the investors sentiment. The Nifty traded above the 18,800 level. IT shares extended gains for the third consecutive trading session. Trading is expected to be volatile due to expiry of weekly F&O contracts on the NSE. At 10:28 IST, the barometer index, the S&P BSE Sensex, was up 279.41 points […]

India's 6.3% annual GDP growth in July through September was roughly in line with estimates.

The offer received bids for 28.43 crore shares as against 80.12 lakh shares on offer.