Price has been fixed at Rs 85.3cr
Sure, a few listings like those of SKS Microfinance and Gujarat Pipavav have seen significant investor interest, but experts say it's too early to signal a primary market revival.
The US Fed will decide if it should raise interest rates from near-zero levels first time in a decade.
Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.
Shares of Kotak Mahindra Bank on Friday surged nearly 9 per cent after the private sector lender announced the acquisition of ING Vysya Bank in an all-stock deal valued at Rs 15,000 crore (Rs 150 billion).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Twenty-three of the 31 stocks in his publicly disclosed portfolio consist small-cap stocks. jhunjhunwala's portfolio rose 15.2% in Q3.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Eonour Technologies Ltds System Telecom and Data Services received a system integration contract from Federal Bank Ltd.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Top seeded India's Rushmi Chakravarthy clinched the singles title defeating Magda Okruashvili of Georgia in the final of the Federal Bank International women's tennis tournament in Angamaly (Kerala) on Saturday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Low cost of funds and low credit growth have meant unprecedented levels of capital adequacy ratios (CARs) for banks.
Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in India, asked Mallya.
Judge Andrew Henshaw refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that a consortium of 13 Indian banks were entitled to recover funds amounting to nearly $1.55 billion.
Top seed Rushmi Chakravarthi of India bagged the doubles crown partnering Poojashree Venkatesha and later stormed into the singles final in the Federal Bank ITF Women's Tennis tournament in Angamaly (Kerala) on Friday.
Mallya is separately fighting extradition to India on fraud and money laundering charges worth an estimated Rs 9,000 crore
This year, at least eight public sector banks are set to scrap their existing Bancassurance tie-ups with insurers. They are: Bank of India, Union Bank, Karnataka Bank, Allahabad Bank, Indian Overseas Bank, Bank of Maharashtra and Federal Bank.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
Silver also spurted by Rs 1,000 to Rs 37,500 per kg.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Diageo, which had acquired Mallya's United Spirits nearly six years ago, is claiming $40 million paid to the liquor tycoon as part of an alleged breach of agreement.
Gold prices fell to a 5-year low of less than $1,100/ounce.
The 17-lender consortium, led by State Bank of India had put on auction the property with a reserve price of Rs 115 crore, which was 15% less than the second auction of the property held in August
'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
Nirmal Jain of India Infoline discusses his view on various stocks based on their earnings performance.
Technology solutions provider to the financial services industry i-flex solutions on Wednesday said that First Magnus Federal Bank has become the first US retail bank to opt for its Flexcube for its complete banking platform.
The broader NSE Nifty moved between 10,705 and 10,785.55, before ending 25.15 points, or 0.23 per cent down at 10,716.55.
Traders will continue to focus on the measures new Prime Minister Narendra Modi-led government will take to bring down the fiscal deficit and fight inflation.
Cellular service provider Hutch on Thursday launched a novel concept of a 'Gift Shop' being made available on mobile phones, enabling Hutch subscribers to send gifts to friends and family located anywhere in India.
The order grants permission to the UK High Court Enforcement Officer to enter the 62-year-old tycoon's properties in Hertfordshire, near London.
The Reserve Bank of India has told banks not to levy penal charges for non-maintenance of minimum balances in any inoperative account.
On the BSE, 1,650 shares declined and 1,188 shares rose
Agency sources said that besides Mallya, his companies Kingfisher Airlines and United Breweries Holdings Limited have been named as accused in the FIR.
Forex dealers said besides capital inflows, selling of the US currency supported the rupee but a lower opening in the domestic equity market and dollar's strength against other currencies overseas capped the gains.
The state government has 35 per cent stake in the airport, and the terminal would have the capacity to handle 2,000 passengers at a time, Minister for Ports and Airport K Babu said in Thiruvananthapuram on Friday.
'Investors should not commit fresh money to these stocks right now, unless they can hold for the next three to four years.'
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