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reit ipo budget investment sebi public issue irb infra share price bse sensex gainers losers real estate sector construction infra

IRB InvIT Fund files documents with regulator for IPO; IRB Infra shares rise 6%

IRB Infrastructure-backed IRB InvIT Fund will be the first real investment trust (ReIT) to come out with an IPO. Sep 8, 2016
Tata Consultancy Services

TCS shares dip 5.66% after company issues bleak Q2 outlook

The firm's banking and financial sector clients in the United States are being cautious on discretionary spending. Sep 8, 2016
supreme court diesel cars ban lifted siam damage loss toyota maruti tata mahindra mercedez audi honda hyundai essar ruia vijay mallya

Supreme Court comes down heavily on industrialists making false promises

Clients facing trial promise to return after travel but never do so, the court observed while hearing Ravikant Ruia's plea. Ruia is facing trial in 2G scam. Sep 7, 2016

Khat Sabha fiasco: Rahul Gandhi takes a swipe at BJP, compares cot-stealing villagers to Vijay Mallya

He said Vijay Mallya has not paid Rs. 9,000 crore, but is still called a "defaulter," while villagers who stole cots were called "thieves." Sep 7, 2016
Spicejet

SpiceJet shares skyrocket 20% on sharp rise in Q1 net profit

The airline's net profit doubled to Rs. 142.9 crore for the June quarter on lower fuel and finance costs. Sep 7, 2016
gold prices gold demand india brexit eu referendum gold at high $,1400 per ounce gold bond sgb issue price rbi fifth tranche

Gold prices near 3-year high on heavy buying by jewellers

The buoyancy in sentiments led to the rise in gold prices, aided by lower chances of an interest rate hike by the U.S. Federal Reserve. Sep 7, 2016
ing bank welab hong kong fintech fund raising investment china series a dollar Simon Loong

ING Bank extends $25 million debt to Hong Kong-based fintech company WeLab

Amsterdam-based ING Bank had participated in a $160 million funding for WeLab in January this year, led by Khazanah Nasional Berhad. Sep 7, 2016
Insurance Bill

ICICI Prudential Life IPO: Company gets Sebi approval for public offer

The issue size of the venture, in which ICICI Bank holds about 68% and Prudential Plc's stake is about 26%, is likely to be around Rs. 5,000 crore. Sep 7, 2016
IB Times

SBI, Maruti Suzuki, Tata Motors hit new 52-week high as Sensex, Nifty extend rally

The BSE Sensex was trading above 29,000 points led by a rallying in blue-chips such as SBI, Maruti Suzuki and Tata Motors. Sep 7, 2016
Wipro

Wipro wins three-year contract from Norway's railway company NSB

The three-year contract entails implementation of Wipro's BoundaryLess Data Center (BLDC) and LiVE Workspace solutions. Sep 7, 2016
Oil pump jack in Russia

Oil edges up, gains limited amid scepticism over freeze deal

Oil prices hit a one-week high on Monday after Russia and Saudi Arabia agreed to cooperate on stabilising the oil market. Sep 7, 2016
Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Equitas Small Finance Bank starts operations with 3 branches

Equitas Small Finance Bank is a subsidiary of Equitas Holdings Ltd. Sep 6, 2016
bse nse rally stocks shares bse nse up weak us data jobs high new 52 week modi govt achche din close

Sensex gains sharply; close to all-time high

The 30-scrip BSE Sensex hit a new 52-week high on Tuesday and was just about 1,000 points away from its all-time high. Sep 6, 2016
Vistara

Vistara offers discounted fares at Rs 949

The limited period offer bookings can be made between September 6 and 10. Sep 6, 2016

Is the Saudi-Russian oil agreement another false dawn?

The two countries account for over 25% of the worlds crude oil production. Sep 6, 2016
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