May 02, 2016 at 22:18 | Source: PTI
Reflecting upbeat investor sentiment, the IPO of microfinance player Ujjivan Financial Services was oversubscribed nearly 41 times on the last day of bidding today
May 02, 2016 at 17:55 | Source: Moneycontrol.com
Financial services company Motilal Oswal today reported quarterly earnings, saying its fourth quarter consolidated revenues grew 30 percent year on year to Rs 320 crore. On that, it reported profit of Rs 47.2 crore, up 10 percent.
May 02, 2016 at 15:30 | Source: CNBC-TV18
In an interview with CNBC-TV18, independent market expert Ambareesh Baliga and Gaurang Shah, VP, Geojit BNP Paribas Financial Services, talked about their outlook on ICICI Bank, which reported weak quarterly numbers on Friday.
May 02, 2016 at 14:24 | Source: CNBC-TV18
Rakesh Bansal, Vice President at RK Global recommends buying Century Textiles, Mahindra and Mahindra Financial Services and Petronet LNG.
May 02, 2016 at 13:35 | Source: Moneycontrol.com
The Department of Financial Services, Ministry of Finance, Government of India, vide notification dated May 02, 2016 informed the Bank that Pankaj Jain, Joint Secretary, DFS has now been appointed as Government Nominee Director on the Board of IDBI Bank, therefore, Pankaj Jain ceases to be Director on the Board of Canara Bank with immediate effect.
May 02, 2016 at 13:09 | Source: NEWS18.com
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Escorts, Tata Chemicals and M&M Financial Services.
May 02, 2016 at 12:30 | Source: PTI
The expectations of a growth recovery are contingent on consumption revival, especially rural demand as investment-led recovery will likely be gradual amid rising external woes, the global financial services major said.
May 02, 2016 at 11:38 | Source: PTI
Ujjivan's issue, which is scheduled to close today, comprises fresh issuance of shares worth Rs 358.16 crore and an offer for sale of up to 24,968,332 shares by the existing shareholders.
May 02, 2016 at 08:52 | Source: PTI
"According to regulatory requirement, the foreign holding in the small bank has to be less than 49 percent. IPO is the first step towards transformation to a small bank. Foreign shareholding has come down to 77 percent following a pre-IPO placement. The IPO will help reduce further to 44-45 percent," Ghosh said.
May 02, 2016 at 08:04 | Source: CNBC-TV18
Manish Sharma of derivativetradingresearch advises buying Sun TV with a target of Rs 378.