Markets open on positive note: Sensex trades in green, Nifty above 9,100-level; RIL up 1% for second straight day
The Nifty was trading on the National Stock Exchange over the 9,200 mark.
Kotak Mahindra Bank customer deposits jump 20% in FY20 at Rs 2.58 lakh cr; net advances in FY20 moved up 6.7% to Rs 2.19 lakh cr
Savings deposits at Kotak Mahindra moved up dramatically to Rs 1.04 lakh crore, up 31.3 percent from Rs 79,685 crore in the same period.
Markets close on positive note: Sensex surges over 1,800 points, Nifty regains 8,200-mark; RIL zooms nearly 15%
The stock markets closed on a positive note for the second day today on the back of possible announcement of fiscal measures from the government.
From the index companies, Yes Bank and RBL Bank defied the bearish trend and closed the day with gains.
Mutual funds add over Rs 4 lakh cr to asset base in 2019; industry expects momentum to continue in 2020
It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market
SBI has latched onto repo rate whereas in all fairness the parameter banks must hook themselves onto is the spread----difference between the average lending rate and the average deposit rates
Jet Airways debacle: Satyam-style model worked with Tech Mahindra but will not be answer to cash-strapped airline's fortunes
So much so, even if IndiGo, for example, agrees to take Jet Airways in its wide wings on merger, it would not be enough because the cash crunch would spread from Jet Airways to Indigo.
Quarterly earnings of blue-chip companies to drive stock markets; oil, rupee also to be watched, say experts
Some blue-chips like Wipro and Bharti Airtel are scheduled to announce their results this week
IL&FS crisis: Govt seizes control of debt-trapped firm; these are 15 members of board that were dismissed
Mumbai-bench of NCLT approved six directors, including Kotak Mahindra Bank MD Uday Kotak, former SEBI chairman GN Bajpai and ICICI Bank chairman GC Chaturvedi, to takeover the board
RBI policy: If you're seeking auto, home loans, better hurry; the era of cheap money may soon be over
Interest rates are like to go up further if the RBI's MPC signals a hawkish stance on Wednesday
The list is dominated by banks and financial companies, accounting for 38 percent of the total value of the top 50 brands, according to India Brandz study.
The larger than average monsoon rainfall will help maintain moderate food price inflation, contributing to keeping headline inflation within or close to target this year, Moody's said.
The proposed ARC is counting on ICICI Bank's experience in the Indian financial sector and Apollo's investment experience as the strong points
The company, promoted by state-run GAIL and British Gas Asia Pacific Holdings Pte Ltd, is making an offer for sale of up to 24,694,500 equity shares of Rs 10 each.
The quick run-up in some private bank shares suggests that some of them may be in line for a takeover in the wake of the Kotak Mahindra-ING Vysya Bank merger
The August wholesale price inflation sharply declined to a near five-year low of 3.74 per cent on declining prices of vegetables and other food articles from 5.19 per cent in July and 6.99 per cent in August 2013.<br />
Kotak Mahindra Bank has passed a resolution at board meeting and AGM for purchase of equity shares by FIIs/FPIs/QFIs up to 40 percent (revised from earlier limit of 37 percent) of their paid-up capital
The funds raised through this issue will be utilised by IRFC towards financing the acquisition of rolling stock which will be leased to the Ministry of Railways in line with present business activities.
Out of the 600 odd branches, 45 percent of them would be in the rural and semi-urban areas.
The government's borrowing programme is going to be a bigger worry than fiscal deficit as it adds to the interest payment bill which is an unproductive expenditure, said Indranil Pan, cheif economist, Kotak Mahindra Bank