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Indian Energy Exchange shares fall 9% on opening day

The company's shares opened at Rs 1,500 a piece on BSE, almost 9.09 percent lower from its issue price of Rs 1,650.

Oct 23, 2017

Setback for Stayzilla; NCLAT snubs appeal against insolvency process

A three-member bench of SJ Mukhopadhaya, AIS Cheema and Balvinder Singh said that it did not find any merit in the company's appeal.

Oct 22, 2017

Justice G Sivarajan Commission, Solar Scam

Sun-soaked politics of Kerala: CPI-M on the back foot after hasty assault on Congress

Digging a hole and burying the Congress party in Kerala is a political exigency for the Left in the current scenario.

Oct 19, 2017

Why are telecom stocks rallying even when financials are bleak?

Investors are bullish on telecom stocks such as Airtel and Idea as an incoming oligopolistic market structure will push up revenues and earnings in the long term.

Oct 19, 2017

BankBazaar secures Rs 195 crore in Series D funding led by Experian

This recent round of financing brings BankBazaar's total funding amount to Rs 715 crore ($110 million).

Oct 18, 2017

MAS Financial Services Shares trading at 44% premium on listing day

The NBFC's Rs 460 crore initial public offer (IPO) had received an overwhelming response from investors as it was oversubscribed 128.39 times.

Oct 18, 2017

India's Infrastructure Fund to receive $1 bn from Abu Dhabi Investment Authority

This agreement will make ADIA get the tag of becoming the first institutional investor and a shareholder in the NIIF's Master Fund.

Oct 17, 2017

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Dhanteras 2017: Jewellers trying to woo customers back with heavy discounts on gold

Gold is trading at Rs 29,550 level, which is about Rs 1,000 lower than the recent high. Market analysts bet on more correction in coming future which gives investors a good opportunity to invest in gold.

Oct 17, 2017

Foreign firms lining up 5.5 lakh crore investment; 7 lakh jobs on the anvil

The country has recorded highest inflow of foreign direct investment (FDI) in tune of Rs 2.7 lakh crore ($43 billion) in financial year 2017, an increment of 9 percent from the previous year.

Oct 16, 2017

Flipkart in early talks to buy stake in BookMyShow in push against Paytm

Flipkart wants to invest fresh capital into BookMyShow and also buy shares from some of its investors.

Oct 16, 2017

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Medical tourism network MediBiz Ayur Home inaugurated in Kerala

MediBiz Ayur Home, the first Indian medical tourism network in Varkala was inaugurated on October 8.

Oct 13, 2017

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Nifty PSU Bank index in correction mode, hits 9-month low

The Nifty PSU Bank index hit an intra-day low of 2,995.30 on Thursday, lowest since January.

Oct 12, 2017

GIC Re IPO opens today; most brokerages give buy recommendations

The brokerages have given subscribe recommendations citing well-managed investment book and robust balance sheet.

Oct 11, 2017

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Paytm Mall net loss stands at Rs 13.63 crore for 2016-17

The Alibaba-backed company, which runs the online retail platform Paytm Mall, clocked Rs 7.3 crore in revenues with a loss of Rs 13.6 crore between August 2016 and March 2017.

Oct 10, 2017

SEBI files contempt petition in SC against Sahara and Subrata Roy for disrupting Aamby Valley auction process

The Apex Court of India has ordered to put Sahara Group's Rs 37,000-crore luxury township Aamby Valley up for auction, calling it "an abuser of process of law."