Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
At the current market price of the stock, that stake would be valued at about $1.5 billion.
The Fijian took a step closer to gaining the world number one ranking by extending his lead to three shots over Tiger Woods in the third round of the $5 million Deutsche Bank Championship.
The Indian ace was 41st in the US $5.5 million Deutsche Bank Championship on the US PGA Tour.
The index gained 572 points, or 2.4 per cent, this week while the Nifty added 164 points, or 2.3 per cent
The positive bias was aided by metal, realty and auto indices
Given the various risks to growth, one could argue for rate cuts to be deeper than the 5 per cent terminal repo rate that we are projecting at this stage, says Kaushik Das.
They are small town boys who went on to make it big in global financial powerhouses.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.
For the near term, Gill will have to improve relations with the Reserve Bank of India, which have been strained in recent times. He will also need to strengthen the bank's asset quality and improve governance standards and internal processes.
The Deutsche report said though India must move to a GST regime, the transition is likely to be disruptive for large sections of the economy and SMEs
Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
Battleground shifts to rural and small towns, where user base aspires to upgrade to smartphones.
He is the first Indian-origin person to head a 'Big-Four' audit co.
India gains at the expense of Russia and Brazil
RJio is targeting the existing base of high-value customers.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
The Budget for 2016-17 has announced a massive rollout of ATMs and micro-ATMs.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
Experts say the recent Rs 14,000-crore PNB fraud could have been avoided had there been an integration of PNB's CBS with its SWIFT system
Experts say the market is more bullish on the BJP as it will ensure continuity in policymaking.
The next key battle the market will watch out for will be in Congress-ruled Karnataka
After an Italian court partially lifted the freeze and allowed India to encash bank guarantees worth Rs 1,818 crore deposited by AgustaWestland in the VVIP chopper deal, the defence ministry on Saturday said it will take "immediate steps" to fully recover the amount.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
'...and defensive until the global macro headwinds turn more benign.'
The central bank had revised its inflation forecast significantly downward in the last policy
Barcelona's fourth defeat of the season left them seventh in the standings on 14 points after 10 games, 12 points behind leaders Atletico.
The 30-share barometer remained up throughout and hit a high of 29,070.20, powered by a rally in RIL and other blue-chips. The index ended 215.74 points up, or 0.75 per cent, at 29,048.19 -- its highest closing since March 5, 2015, when it had closed at 29,448.95.
Raising the issue during Zero Hour, he said SBI has signed an MoU pledging one of the single largest loans to a corporate house despite five international banks refusing to lend to the Adani project.
Many fear that in practice if banks make their customers pay to hold their money, it might lead to a situation where consumers hold on to cash.
The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.
While money is among the key reasons why employees move to a new company, a strong company culture can also attract employees.
Eight investment banks including HSBC and India's ICICI Securities and SBI Capital have submitted bids to manage a 10-per cent stake divestment in state-owned Coal India.
The e-commerce firm recruited 18 post graduate students.
Nearly 150 companies visited the campus this year.
There was net outflow of $7.2 billion from the Indian market in June of which $5.4 billion was from debt market triggered by global risk aversion and currency weakness, Deutsche Bank India Equity Strategy report said.
Money managers have turned cautious about the technology space.
Valued at $71.2 billion, the bank's market capitalisation is more than that of global banks like Barclays, JP Morgan Chase and Credit Suisse.
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