Top-5 firms take Rs 54,467-cr hit in m-cap, CIL suffers most

Last Updated: Sunday, August 16, 2015, 12:35

While RIL, ITC, CIL, ONGC and SBI suffered losses in their market capitalisation (m-cap), TCS, HDFC Bank, Infosys, Sun Pharma and HDFC saw a cumulative gain of Rs 53,971.89 crore.

Healthcare walks away with half of FPI inflows in Jan-July

Last Updated: Sunday, August 16, 2015, 11:24

For the entire 2013, net investments for the healthcare sector stood at USD 1.86 billion, and USD 309 million for 2014.

Capital injection key to Basel-III transition of PSBs: Ind-Ra

Last Updated: Friday, August 14, 2015, 21:30

Indian banks may need up to Rs 1 trillion over and above their Basel-III capital requirements to manage the concentration risks arising out of their exposure to highly levered, large stressed corporates, India Ratings and Research (Ind-Ra) said Friday.

Govt to inject Rs 20K crore in PSU banks in a month, SBI to get Rs 5K crore

Last Updated: Friday, August 14, 2015, 20:09

Govt will infuse Rs 20,088 crore into 13 PSU banks within a month's time with country's largest lender SBI cornering a hefty Rs 5,531 crore.

Reliance Capital Q1 net profit up 22.5% at Rs 201 crore

Last Updated: Friday, August 14, 2015, 15:42

Financial Services firm Reliance Capital on Friday reported a 22.5 percent rise in net profit at Rs 201 crore for the first quarter ended June 30.

Tata Steel shareholders clear proposal to raise Rs 10,000 cr

Last Updated: Thursday, August 13, 2015, 20:41

In a BSE filing, the firm said its shareholders approved "further issuance of securities not exceeding Rs 10,000 crore."

IDBI Bank gets shareholders nod to raise up to Rs 26,000 cr

Last Updated: Thursday, August 13, 2015, 19:26

The bank in a statement said, AGM convened yesterday has passed "enabling for issue of shares up to Rs 6,000 crore (inclusive of premium amount) through various modes of issues including QIP".

DLF raises Rs 1,000 crore through debentures

Last Updated: Wednesday, August 12, 2015, 22:18

Realty major DLF has raised Rs 1,000 crore through non-convertible debentures, company's first capital market issuance since SAT relief, as a part of its strategy to boost internal cash flows.

GE to sell Healthcare Financial Services for $9 bn

Last Updated: Wednesday, August 12, 2015, 03:40

General Electric said Tuesday it has agreed to sell its Healthcare Financial Services and related loans to US bank Capital One for $9 billion.

Govt to infuse Rs 70,000 cr in PSU banks in 4 years: Arun Jaitley

Last Updated: Tuesday, August 11, 2015, 16:57

Government proposes to infuse Rs 70,000 crore in public sector banks in four years from budgetary allocations, Finance Minister Arun Jaitley said Tuesday.

Groupon India being rebranded as 'nearbuy'

Last Updated: Monday, August 10, 2015, 19:25

Sequoia Capital, a venture capital firm specialised in start-up investments, is helping Groupon India split from its Chicago-headquartered parent firm Groupon.

Govt expenditures must be within means: FM Jaitley

Last Updated: Sunday, August 9, 2015, 20:28

Speaking at the first Indian Cost Accounts Service Day celebration here, Jaitley said what happened in Greece recently was a direct consequence of the fact that governments there decided "not to live" within their means.