Asian shares fall for 3rd day on global growth concerns

Last Updated: Wednesday, September 2, 2015, 08:25

The dollar firmed 0.5 percent to 120 yen, after skidding more than 1 percent overnight and moving away from last week`s high of 121.76 yen, while the euro slipped about 0.2 percent to $1.1299.

Yes Bank to enter credit cards, hires Prabhu to lead division

Last Updated: Tuesday, September 1, 2015, 15:43

"Credit cards are being launched in Q1 of FY17 to fully complete the retail banking product suite," the bank said in a statement.

Asian shares slip as downbeat China PMIs revive growth fears

Last Updated: Tuesday, September 1, 2015, 08:13

China`s official Purchasing Managers` Index (PMI) fell to 49.7 in August from the previous month`s reading of 50.0, the weakest showing in three years.

Europe, Asia stocks set for worst monthly drop in three years on China, Fed

Last Updated: Monday, August 31, 2015, 15:16

Oil prices fell again both on the Fed rates outlook and as investors took profits on last week`s 10 percent rise.

Govt to infuse Rs 947 crore in Canara Bank

Last Updated: Monday, August 31, 2015, 15:14

It said the board of the bank at a meeting held today approved the proposal of issuing equity shares on preferential basis to the government in lieu of the capital infusion.

GCPL shares gain over 5% on RBI move

Last Updated: Monday, August 31, 2015, 13:05

Shares of Godrej Consumer Products Ltd surged over 5 per cent on Monday after the Reserve Bank said foreign investors can buy up to 40 per cent of the paid-up capital in GCPL under the portfolio investment scheme (PIS).

Paypal seen rising 40% from post spinoff lows

Last Updated: Monday, August 31, 2015, 09:00

Spun off in July by auctioneer eBay Inc, PayPal is now clear to do deals with big vendors like Staples and move into back office operations and other services, according to Barron`s.

Reliance Capital pledges 5.14% stake with Axis Trustee

Last Updated: Saturday, August 29, 2015, 22:25

Reliance Capital has pledged 1.30 crore shares, or 5.14 percent stake, with Axis Trustee Services.

Astec to sell 45.29% stake to Godrej Agrovet

Last Updated: Saturday, August 29, 2015, 18:37

At a price of Rs 190 per share, the transaction value is Rs 167.41 crore.

IDBI Bank to raise $7.5 bn via debt

Last Updated: Friday, August 28, 2015, 18:02

IDBI Bank on Friday said its Board has approved raising of foreign currency debt up to USD 7.5 billion (about Rs 49,000 crore).

Still looking for acquisitions in FMCG sector: Godrej

Last Updated: Friday, August 28, 2015, 17:22

Godrej group will continue to scout for acquisitions in the FMCG sector in the developing economies, including India, to fulfill its vision of having 10-fold growth by 2020.

Cipla gains 3% on strong revenue outlook

Last Updated: Friday, August 28, 2015, 11:54

Shares of Cipla Friday soared nearly 3 percent in morning trade on bourses after the company said it expects 20 percent growth in revenues in the current fiscal.