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Broad market shows strength

Broad market shows strength

A range bound movement was witnessed as key indices moved near the flat line in afternoon trade. The broad market showed strength, with more than two gainers for every loser on BSE. The barometer index, the S&P BSE Sensex, was currently up 44.05 points or 0.17% at 26,670.37. The BSE Mid-Cap... read more »

IDBI Bank to raise Rs. 1,200-cr fresh capital through QIP
IDBI Bank rises 3%, borrowing limit hike...

IDBI Bank rises 3%, borrowing limit hiked to Rs 15000 cr

Shares of  IDBI Bank  was up 3 percent intraday on Monday after its board meeting. In the meeting held on September 26, the board has approved to increase borrowing limit to Rs 15000 crore from Rs 4000 crore. “The board of directors has approved enhancement in rupee borrowing limit from the... read more »

Snapdeal, Flipkart and Amazon may spend ...

Snapdeal, Flipkart and Amazon may spend up to Rs 200 crore this festive sea...

BANGALORE: If Amazon chief Jeff Bezos had wanted a ringside view of the intense marketing battles taking place in India’s ecommerce terrain, he couldn’t have chosen a better time to visit the country. Bezos has landed in India bang in the middle of an advertising blitz unleashed by his... read more »

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Banks seek refuge in home loans, Mortgage lender Housing Development Finance Corp Ltd (HDFC)

HDFC Bank is India’s Most Valuable Brand: Report

HDFC Bank is India’s most valuable brand, according to a report released by marketing and brand consultancy Millward Brown in conjunction with communications group WPP. The BrandZ Top... read more »

SC refuses to pass order allowing Subrata Roy to go abroad

Sultan of Brunei could buy Sahara’s hotels in London and New York for $2.2 billion

The Sultan of Brunei could be paying the Sahara group a whopping $2.2 billion to buy all the three properties, New York’s Plaza Hotel, Dream Hotel and London’s Grosvenor House,... read more »

CBI to probe Rs 1700 cr Tata Realty-Unitech land deal

he deal took place in 2007 and it was done allegedly with an aim to fund the telecom project of Unitech. Sources said that the CBI has informed the Supreme Court about the probe. The CBI... read more »

Gold futures decline to Rs. 28,420 per 10 gm; silver down at Rs. 42,621 per kg

NEW DELHI, AUG 18:   Gold prices fell 0.82 per cent to Rs. 28,420 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by speculators. On the Multi... read more »

Sensex, Nifty hit new record highs on FII inflows

The Sensex and the Nifty scaled new record highs of 26,330 and 7,858, respectively in the mid-session led by capital goods, banking and oil & gas stocks amid sustained capital inflows. Firm... read more »