• 07.53 pm Oct 3
    Retail company plans to use the funds to lower its debt to equity ratio. It’s a tough order with the stock having lost about half its value in a month.
  • 11.55 pm Sep 16
    Swedish engineering company joins the ranks of companies seeking to delist from local bourses. Shareholders will reap a windfall, though they lose a good company in the process.
  • 04.42 pm Sep 16
    Axis Bank’s business will get a leg-up after acquiring Enam’s financial services business. The deal structure has been modified to meet RBI’s conditions, but the consideration remains all-stock.
  • 01.06 pm Sep 16
    The RBI shows no indication that its job is done. It is still unhappy with inflation racing way ahead of its comfort zone. If inflation does not concede defeat, it may hike rates yet again.
  • 01.49 pm Aug 9
    D Subbarao will remain RBI governor for 2 more years, a sensible decision by the UPA government as his experience in navigating the global financial crisis of 2008 is invaluable at this juncture. The fight against inflation will continue.
  • 10.18 pm Aug 4
    Financial Technologies will now get access to NSE’s currency segment code, it’s software will be removed from NSE’s watch-list, and NSE will approve new products and services from FT-MCX.
  • 01.03 pm Nov 19
    Axis Bank's investors cannot see why their bank is paying Rs 2,067 crore in stock to buy Enam. It has a short window in which to show that its investors are unnecessarily nervous and the acquisition is a worthwhile one.
  • 01.54 pm Jun 6
    Sebi’s fear that Standard Chartered’s IDR-holders may head for the exit has made it come out with an irrational rule barring redemptions, effectively killing the Indian Depositary Receipt market. The IDR fell by as much as 20% on this news.
12.09 pm Dec 5
Bank of India re-enters the asset management business after nearly a decade, will exploit its branch network to sell its own MF products, in addition to third-party products.
01.06 pm Sep 16
The RBI shows no indication that its job is done. It is still unhappy with inflation racing way ahead of its comfort zone. If inflation does not concede defeat, it may hike rates yet again.
07.20 pm Mar 5
Introduction of Will Pfizer India make an open offer to Wyeth’s shareholders or will the two merge?