The public offer of eight crore shares by Punjab National Bank, which closed on Friday, has attracted bids for 104.37 crore shares - a subscription of 13 times.
India's housing shortage is fuelled by the immigration of millions of villagers to the cities.
The Aditya Birla group is close to buying the Reddy family's 66.32 per cent stake in Apollo Sindhoori Capital Investments (ASCIL), marking a re-entry of the group into the broking business.
Last month, Indian Oil Corp, Bharat Petroleum and Hindustan Petroleum were losing Rs 390 crore (Rs 3.9 billion) per day on sale of petrol, diesel, kerosene and domestic LPG. This month, losses have come down to Rs 352 crore (Rs 3.52 billion) per day, an industry official said.
Mumbai-based Temptation Foods has acquired the marine foods business of FMCG major Hindustan Unilever for an undisclosed sum.
India's tennis sensation and Hyundai Getz brand ambassador Sania Mirza poses for a picture at the launch of the new car Hyundai Getz Prime in New Delhi on Monday.
Globally, gold fell nearly 3 per cent
With the listing of Mundra Port and SEZ (MPSEZL) on the bourses, the worth of Adani Group chairman Gautam Adani and his brother is Rs 39,051 crore (Rs 390.51 billion).
The entire world is taking up the habit of 'namaste', Modi said.
Petrol price cut by Rs 1.46, diesel by Rs 1.53 per litre
Impacted by price pressure and other factors, the country's largest biotech firm, Biocon, on Wednesday reported that its net profit had plummeted 20 per cent to Rs 39 crore
A hi-tech city worth Rs 390 crore (Rs 3.9 billion) would be built in Bangalore for information technology and biotechnology companies by the Bangalore Development Authority, chief minister N Dharam Singh said on Monday.
Surge in UPI transactions is because of an increased consumer interest in making bill payments and recharging mobile phones online, and purchase of non-essential goods on e-commerce platforms.
Orissa could be on the cusp of a new era of industrialisation with the state government considering proposals for Rs 122,000 crore (Rs 1,220 billion) in investments, mainly in steel, alumina and power sectors, official sources said.
The yellow metal has lost Rs 390 in last three days.
A look at the performance of the eight IPOs since January 2005, which got listed reveals that the IPO dream may have turned sour for some investors.
Maruti Udyog Ltd, India's largest carmaker, unveiled on Thursday a new-look Zen, without tinkering with the price, to take on competition posed by Hyundai's Santro and Tata Motors' Indica.
Snapping their three-day falling trend, gold prices surged by Rs 375 to trade at Rs 26,375 per 10 grams at the bullion market.
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Industry body Assocham on Tuesday said the Indian pharma industry would grow at 11 per cent to touch Rs 60,000 crore (Rs 600 billion) in 2007-08 from Rs 39,000 crore (Rs 390 billion) in 2003-04, when drugs worth $65 billion would go off patent.
Tata Motors has hiked the price of its premium small car 'Indica' by an average of 1.9 per cent with immediate effect.
Sun TV's stock ended the day with a loss of 4.84 per cent at Rs 392.10 on the BSE. During the day, it lost 9.54 per cent to Rs 372.70.
The market continues to switch between positive and negative zone since the opening trades. The Sensex following weakness in select old and new economy stocks is down two points at 6,400. The Nifty is down a point at 2,028.
The Sensex opened with a positive gap of 22 points at 5,913.
The Sensex opened a tad higher at 5,761. Fresh buying in blue chips stocks saw the index rally to a high of 5,773. The index is now up 13 points at 5,772.
The Sensex opened 13 points higher at 5,410, and soon climbed to touch an intra-day high of 5,418. However, profit-taking at higher levels pushed the index into negative zone to a low of 5,376.
Traders said besides sluggish demand at prevailing higher levels, a weak global trend mainly led to fall in gold and silver prices.
The Centre has put the blame on state governments while state governments complain that money is not released for the proposals given by them to the Empowered Committee that has been tasked with recommending proposals to be funded under this framework.
Banks have as much as Rs 3,652 crore (Rs 36.52 billion) of unclaimed deposits lying with them, with the State Bank of India (SBI) alone accounting for about 15 per cent of the amount, the government informed Parliament on Friday.
The apex court had also asked Sahara Group to provide it within two weeks the list of "unencumbered properties" which can be put for public auction to realise the remaining over Rs 14,000 crore
Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!
Employees of Kingfisher Airlines who have not been paid salaries for the past 17 months on Thursday threatened to launch an indefinite hunger strike from Monday demanding stringent action against the defaulting company.
'I am not scared of corona, I am sure God is protecting us.'
Traders said sentiment turned bearish on emergence of stockists selling at existing higher levels amid weak global trend as improving economic growth reduced demand for the precious metals as an alternate investment.
Defence outlay alone will jump 22 per cent
'The election has to be fought on perennial issues and not on a tragedy of one moment'
Top corporates have paid more advance tax in second quarter this year.
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