While shares of Yes Bank rose sharply by more than 50 percent to hit a high of Rs 40.40 apiece at the BSE on Monday following a restructuring scheme notified by the government on Saturday, one particular clause to restrict trading in the bank's shares left many investors concerned.
Infosys to acquire Simplus in $250 million deal; company to strengthen presence in North America, Australia
In addition, there are employee incentives and retention payments amounting up to $50 million on meeting certain performance conditions over three years, Infosys said.
Religare to sell entire stake in NBFC arm to TCG Advisory Services for Rs 330 cr; signs share purchase agreement
Religare Enterprises (REL) in the filing said that a share purchase agreement has been signed with TCG for selling stake in Religare Finvest Ltd (RFL)
Sensex rises over 200 points, Nifty reclaims 11,300 in early trade; Yes Bank, Bajaj Finance, Coal India among top gainers
Top gainers in the Sensex pack include Yes Bank, Bajaj Finance, Coal India, HDFC, M&M, IndusInd Bank, HUL, TCS and Maruti, rising up to 3.96 percent.
DLF launches QIP to raise over Rs 3,000 cr with an aim to become debt-free company; shares down 3.49%
According to a regulatory filing, DLF has launched its QIP on Monday and the floor price has been fixed at Rs 193.01 per equity share.
DLF had last year announced plans to issue up to 17.3 crore shares through qualified institutional placement (QIP) to raise funds and pre-pay loans
RPower promoters aim Rs 2,500 cr from stake sale, plans to offload 18-19% shares; J P Morgan appointed as banker
Part of the diversified Anil Ambani group, Reliance Power has appointed J P Morgan as the banker for the proposed stake sale, the sources said.
On Friday, the rupee had weakened by 8 paise to close at 70.49 against the US dollar.
Coal India offer for sale: Institutional buyers' portion over-subscribed; bids worth over Rs 4,200 cr received
The government also has an option to retain an over-subscription of another six percent stake in the Coal India offer for sale.
Arun Jaitley will meet the Deputy Prime Minister of Singapore, Tharman Shanmugaratnam, to discuss bilateral issues
Markets regulator Sebi said it was keeping a “close watch” on all developments with a “special focus” to ensure that minority investors’ interests were safeguarded.
Sikka may brief participating fund managers on issues that have prompted some of the company's co-founders, including N R Narayana Murthy, to publicly air their discontent against the board.
The development serves as a setback for the process to integrate United Spirits with its new owner Diageo
US and European institutional investors bought a majority of shares in the over Rs 4,800-crore QIP offering by telecom operator Reliance Communications.
Such a move would only take investors elsewhere, which in no way is going to 'revive' the MF industry.
Warded off by failing bearish trades and the hefty fees that accompany it, most hedge funds in Asia are now moving to a long trade strategy given the volatile market in Asia and the world.
Here's a list of stock recommendations by various analysts and brokerage houses
A sharp rise in key stock prices and exposure to sectors such as financial services pushed up net asset values.
Should you make a beeline for a stock just because it is getting delisted or should you tender your shares?