Funding
Mobikwik secures Rs 52 crore in funding from HT group and Kris Gopalankrishnan’s family office
Mobikwik announced that they have managed to raise Rs. 52 crore in funding headed by Hindustan Media Group. The funding…
Funding
Markets
Market close: Benchmark Indices end at fresh highs, Sensex crossed 45000
Indian indices on Friday closed in green territory. Sensex was up with 446 points or 1.00% at 45,079. Nifty stood…
Banking
RBI keeps repo rate and reverse repo rate unchanged, repo rate fixed at 4.0%
The Monetary Policy Committee of RBI has decided to keep the rates unchanged for the December review. Repo rate remains…
Markets
Market Open: Indices open higher, Nifty above 13,150
Benchmark indices opened positive at 9.15 AM IST. Sensex was up at 44,718 with a 0.19% gain. Nifty rose with…
Banking
Standard Life deinvest in HDFC by selling their stake of 172 million pounds
Asset manager normal Life Aberdeen sold-out a 2.8% stake in insurance subsidiary HDFC insurance Company for 172 million pounds. The…
Markets
Market close: Markets closed flat after record highs, Metals and PSU’s on top
The key indices settled on a flat note after reaching record highs dragged by Banks and IT. Nifty was up…
Companies
Tata Sons acquires 0.71% stake in Tata Chemicals
Tata Sons Pvt Ltd has acquired a 0.71% stake in Tata Chemicals on Wednesday. The 0.71% stake accounts to 1.8…
Banking
S&P might term ICICI Bank and Indian Bank as “Fallen Angels” if economic downturn continues
The Standard and Poor’s (S&P) amidst the COVID-19 outbreak has mentioned that ICICI Bank and Indian Bank might become one…
Banking
RBI orders HDFC to stop issuing new credit cards
The RBI has directed India’s largest private lender HDFC to pause issuing new credit cards to its customers and also…
Markets
Market Open: Benchmark indices open flat again, Auto and pharma in green
At 9.15 AM IST market indices opened flat for the third consecutive day. Nifty was positioned at 13,175 upsurging 62…
Companies
Xiaomi shares slip 7.1% after the company finalised $ 3.91 billion raising
Shares of the Chinese Xiaomi Corp, shrugged a straight decline of 7.1% on Wednesday in Hong Kong trading. This action…
Markets
Burger King IPO subscribed fully on opening day
The IPO of Burger King India Ltd was sold out in 2 hours of its opening. The retail share allotted…