Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
The corporate sector took production cuts, conducted inventory management and reduced staff to meet challenges following the govt's note ban decision
Fundraising via equity NFOs highest since 2008; Over Rs 11K cr collected in first eight months of 2017, says Chandan Kishore Kant
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
Fund managers have been advising investors not to keep their return expectation higher
Some of the public banks showed improvement; much more still needs to be done
'Today, moviegoers are in the 13 to 33 age bracket.' 'If people like us have to remain relevant, we have to make movies that cater to them,'
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
While UltraTech Cement has been the biggest value creator adding nearly Rs 99,000 crore to its market capitalisation, Grasim Industries has added around Rs 27,000 crore to its market cap.
After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.
BPCL and ONGC raised $4.9 billion in 2016-17 against $1.65 billion raised by Reliance
With a new higher tax regime coming into effect from the new financial year, top corporates and wealthy investors are in a rush to restructure their shareholding.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
Flow surge in equity schemes is an important reason why Indian stock market did not crash.
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
Equity fund managers say large-caps offer higher relative safety, especially in such times.
Steep volatility in the markets has made fund managers cautious, awaiting opportunities to deploy the cash.
In other debt-oriented funds, retail assets jumped from about Rs 45,000 crore to Rs 64,000 crore.
Tax-saving equity-linked savings schemes saw month-on-month rise in inflows at Rs 1,166 crores.
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