Singapore based First Degree to buy Essel para banks
The asset manager is likely to buy 100 percent equity in Essel Finance Business Loans Ltd and Essel Finance Home Loans Ltd. The deals are likely valued at Rs 150 crore.
FPIs pull out Rs 4,120 cr in July, highest this year
FII's sharp selling comes in reaction to the higher surcharge on the super-rich in Budget.
Adani Transmission seeks shareholders' nod to raise Rs 5,000 crore
The approval will be sought in the company's annual general meeting on August 8.
BOJ's Kuroda keeps upbeat view on economy, hints steady policy this month
Kuroda reiterated the BOJ's readiness to top up monetary support.
Bank of America trims net interest income guidance
Net interest income, the difference between interest earned from lending and how much the bank pays for deposits, rose 6% last year.
Making sense of chaos? Algos scour social media for clues to crypto moves
Hedge funds and asset managers seeking an edge are training computers to scrape social media sites.
Wall Street flat as railroads slide after CSX signals trade impact
Shares of CSX recorded the steepest fall on the benchmark index, sliding 8.3% after the company posted lower-than-expected quarterly profit.
60% of 62,000 global stocks are duds, shows study
The study helps explain why stock pickers struggle to keep up with indexes.
Haryana govt, NSE sign pact for growth of MSMEs
The Haryana government would facilitate the listing of MSMEs on NSE Emerge through financial assistance.
'Expect craziness' as China readies debut of Nasdaq-style board
China's notoriously volatile stock markets are not for the faint-hearted.
As Fed nears rate cut, policymakers debate how deep, and even if
Fed's current policy interest rate is set in a range of between 2.25 per cent and 2.5 per cent.
Ebix signs agreement to acquire Yatra
Yatra will be a part of Ebix’s EbixCash travel portfolio alongside Via and Mercury.
Tech View: Nifty forms Spinning Top; investors appear indecisive
Nifty index tested its 40-day exponential moving average, which acted as a cap for the day.
Smart investors said ‘no’ to Yes Bank in Q1; some still bought it
June quarter shareholding data showed MF holding in YES bank declined to 6.59 per cent.
Mindtree Q1 net up 41.4% to Rs 92.7 cr, confident of growing higher than industry in FY20
Mindtree's revenues rose 11.9% to Rs 1,834.2 cr in Q1 as compared with Rs 1,639.5 cr in the FY19.