Manappuram Shares Tank 14% After ED Froze 143 Crore Assets in Money Laundering Case
On May 5, Manappuram Finance shares fell 14% in early trade, trading at Rs 103 on the BSE at 9:32 am. This came after the...
Tag : RBI
RBI Clarifies Terms of HDFC-HDFC Bank Merger
On Friday, HDFC Bank told the exchanges that it had obtained clarifications from the Reserve Bank of India on its merger with HDFC. The explanations...
Paytm Shares Surge After RBI Gives Extra 15-Days to Resubmit Application for Payment Aggregation Service
Shares of One97 Communications, which owns and operates digital payments firm Paytm, rose on Monday after it said it had been given an additional 15...
Future Retail Share Soars 4% After Kishore Biyani Withdraws Resignation
On March 16, Future Retail shares traded 4% higher after the Company’s Director and Executive Chairman, Kishore Biyani, withdrew his resignation, presented on January 23....
Bhopal Gas Tragedy: Supreme Court Rejects Centre’s Petition for Additional Compensation for Victims
The Centre suffered a major setback as the Supreme Court today rejected its request for more compensation from Union Carbide for the 1984 Bhopal gas...
Financial Services Index Outperforms Nifty in 10 Years
Every investor is looking for outperformance and consistent outperformance on exchanges. Given India’s growth and demographics, the financial services industry may offer such opportunities for...
IndusInd Bank Rises 5% on Report RBI Approves Increase in Hinduja Group Stake
IndusInd Bank shares rose 5% to Rs 1,130 on the BSE in Friday’s intra-day trade on reports that the Hinduja Group is looking to raise...
Indian Inflation Likely to Decrease 5% in 2023: IMF
Inflation in India is predicted to come down from 6.8% in the present fiscal year ending March 31 to 5% the next fiscal year, dropping...
Hinduja Group Buys Debt-Laden Reliance Capital for Rs 9,500 Crore
On Friday, IndusInd Bank promoter Hinduja Group tried to revise its bid for debt-laden Reliance Capital to Rs 9,500 crore, with an upfront cash outlay...
BSE MidCap, SmallCap Indices Turn Negative So Far in 2022, 6 Out of 7 Sessions in Red
India’s broader indexes, BSE Midcap and BSE Smallcap have turned negative, with losses in six of seven sessions as global stocks fell. The BSE Midcap...