The Reserve Bank of India granted the in-principle-approval to Centrum Financial Services Limited to set up a small finance bank, paving the way for the acquisition of the scam-hit PMC Bank
Nifty Bank staged a strong recovery from intraday lows as the index recovered 878 points from the day's lowest level.
Paytm, which counts China's Alibaba and Japan's SoftBank as backers, will sell new shares and will also have an option to retain an over-subscription of up to one per cent
Novartis India Share Price Today: On Friday, Novartis India opened on the BSE at Rs 881, swinging to an intra day high of Rs 883.35 and an intra day low of Rs 797.35, so far
Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank index's 1.7 per cent decline. Nifty Metal, Media and Realty indices also fell over a per cent.
Demand for Krishna Institute of Medical Sciences was among the retail investors as portion reserved for them was subscribed 1.35 times.
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Indian economy's 12 percentage point contraction in June quarter amid covid second wave may not lead to a sharp V-shaped recovery due to weakened consumer sentiment, says UBS Securities India
Hybrid funds have their portfolios constituted in such a way that they include both equity and debt investments
Share Market Live: Selling pressure was broad-based as all the 11 sector gauges compiled by the National Stock Exchange were trading lower.
In international markets, Gold rose on Friday, but was headed for its worst week since March 2020 after the US Federal Reserve's hawkish message on monetary policy lifted the dollar higher and dented the safe-haven metal's appeal.
U.S. technology shares jumped on Thursday on optimism around a speedy economic recovery, although the Fed's hawkish message on monetary policy kept the S&P 500 subdued
PowerGrid Corporation reported a 6 per cent rise in consolidated net profit to Rs 3,526.23 crore in the quarter ended March 2021 from Rs 3,313.47 crore in the same quarter last fiscal
Gautam Adani's personal fortune tumbling by about $13.2 billion to $63.5 billion after a media report raising questions about some offshore investors triggered a rout in his conglomerate's six listed stocks
In Delhi, the petrol prices have been increased by 27 paise to Rs 96.93 per litre and diesel prices have been raised by 28 paise to Rs 87.69 per litre