Feb 25, 2017 at 10:03 | Source: Moneycontrol.com
In the banking space, ICICI Bank was down 0.01 percent at USD 8.46 and HDFC Bank slipped 0.6 percent at USD 71.52.
Feb 24, 2017 at 16:15 | Source: Moneycontrol.com
Another banking sector fraud with Children Bank of India substituting the Reserve Bank of India in the fake 2000 rupee notes dispensed by a State Bank of India ATM, has raised concerns over banks cash outsourcing services.
Feb 24, 2017 at 13:13 | Source: Reuters
The IPO by Avenue Supermarts, which operates 118 stores across 45 cities under the "D'Mart" brand, comes at a time when share markets are rallying, with the NSE index on Thursday hitting its highest since March 2015.
Feb 24, 2017 at 09:43 | Source: Moneycontrol.com
In a free-wheeling interview with Economic Times Axis Bank CEO Shikha Sharma said a marriage isnt on the cards. She was responding to market speculation that a a bunch of suitors have come calling.
Feb 24, 2017 at 09:14 | Source: Moneycontrol.com
Indian ADRs ended mixed on Thursday. Tata Motors declined 0.41 percent and Wipro rose 1.46 percent.
Feb 23, 2017 at 14:38 | Source: PTI
"ICICI Bank Ltd has acquired 81,44,90,000 shares of Jaipraskash Power Ventures Ltd by conversion of debentures into equity," the company said in a BSE filing.
Feb 23, 2017 at 08:05 | Source: Moneycontrol.com
Indian ADRs ended lower on Wednesday. Dr Reddy's Laboratories was down 0.18 percent and HDFC Bank fell 0.55 percent.
Feb 22, 2017 at 15:58 | Source: Moneycontrol.com
From the only eligible reported proposal of a Kotak Bank, the list has now widened to include other big names like ICICI Bank, HDFC Bank and HDFC. There could be some over-ambitious mid-sized players also queueing up over the next few weeks.
Feb 22, 2017 at 13:46 | Source: Moneycontrol.com
Reliance weightage in the Nifty was 5.48 percent (which crossed 6 percent currently) as per January data available on the National Stock Exchange, while HDFC Bank has the highest weightage in the index at 8.22 percent followed by ITC (6.94 percent), HDFC (6.87 percent), Infosys (5.89 percent) and ICICI Bank (4.97 percent).
Feb 22, 2017 at 09:00 | Source: Moneycontrol.com
Morgan Stanley feels that Axis may have seen interest based on its strong retail deposit franchise, which make up for almost 80 percent of its funding. However, it has also highlighted concerns on the bank's profitability based on its NPAs.