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Sensex snaps four-day winning streak ahead of inflation data

Economy

12 May, 2017

Sensex snaps four-day winning streak ahead of inflation data

Indian shares ended lower on Friday, after jumping to record highs twice this week, as investors turned cautious ahead of ......

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Satya Paul label owner Genesis raises fresh funds; to refile DRHP

Consumer

12 May, 2017

Satya Paul label owner Genesis raises fresh funds; to refile DRHP

Sequoia Capital-backed Genesis Colors Ltd, which received capital markets regulator Securities and Exchange Board of India's (SEBI) nod for an ......

SBI Life Insurance picks eight merchant banks for IPO

Finance

12 May, 2017

SBI Life Insurance picks eight merchant banks for IPO

SBI Life Insurance Co Ltd, a joint venture of State Bank of India and BNP Paribas Cardif, has appointed eight ......

Hudco IPO subscribed nearly 80 times as investors rush in

Infrastructure

11 May, 2017

Hudco IPO subscribed nearly 80 times as investors rush in

The initial public offering of state-owned Housing and Urban Development Corporation Ltd (Hudco) was covered almost 80 ......

Kotak Mahindra Bank to raise $900 mn via share sale

Finance

11 May, 2017

Kotak Mahindra Bank to raise $900 mn via share sale

India's Kotak Mahindra Bank Ltd is selling new shares worth as much as Rs 5,800 crore ($900 million) to boost ......

Kotak Mahindra Bank to launch $867 mn share sale

Finance

10 May, 2017

Kotak Mahindra Bank to launch $867 mn share sale

Kotak Mahindra Bank Ltd plans to launch a qualified institutional placement of shares to raise about Rs 5,600 crore ($......

Consumer stocks power Sensex to new peak

Finance

10 May, 2017

Consumer stocks power Sensex to new peak

Indian shares hit a record high on Wednesday as shares of consumer goods and agriculture-dependent companies rallied ......

Apple becomes first US company with $800 bn market value

TMT

10 May, 2017

Apple becomes first US company with $800 bn market value

Apple Inc became the first U.S. company to top the $800 billion mark in market capitalization on Tuesday, slightly more ......

Sterlite Power's InvIT trims IPO size, to raise $350 mn now

Infrastructure

09 May, 2017

Sterlite Power's InvIT trims IPO size, to raise $350 mn now

India Grid Trust (IGT), an infrastructure investment trust (InvIT) sponsored by power transmission asset operator Sterlite Power Grid Ventures Ltd ......

Construction firm PSP Projects eyes $117 mn valuation in IPO

Infrastructure

09 May, 2017

Construction firm PSP Projects eyes $117 mn valuation in IPO

Ahmedabad-based construction firm PSP Projects Ltd is seeking a valuation of close to Rs 755 crore (around $117 million) through ......

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