Category: MARKETS

Indian companies raises Rs 6 trillion from equity, debt markets in 2018 : Report

NEW DELHI: Indian companies have raised nearly Rs 6 lakh crore from equity and debt instruments in 2018, but volatile market conditions brought down the kitty by 30 per cent. Political uncertainties ahead of the 2019 general elections may again cast a shadow on fund-raising activities in first half of the new year. Experts, however, […]

Kotak Mahindra Bank surpasses Maruti Suzuki in market cap to enter top 10 club

NEW DELHI: Private sector lender Kotak Mahindra Bank’s market valuation surpassed that of Maruti Suzuki to enter the top 10 club by market capitalisation in the country on Friday. It has also become the country’s fourth most valued bank in terms of market capitalisation after HDFC Bank, State Bank of India (SBI) and ICICI Bank. […]

Five of top-10 Indian firms add Rs 26,157 crore in m-cap, RIL top gainer

NEW DELHI: Five of the 10 most valued Indian companies together added Rs 26,157.12 crore in market capitalisation last week, with Reliance Industries (RIL) emerging as the top gainer. The gainers list also included HDFC Bank, HUL, ICICI Bank and Maruti Suzuki India, while ITC, HDFC, Infosys and State Bank of India (SBI) suffered losses […]

Deloitte, EY among 5 entities shortlisted to streamline online registration process: SEBI

NEW DELHI: Regulator Securities and Exchange Board of India (SEBI)  has shortlisted five entities including Deloitte and EY that will be entrusted with the task of improving online registration system, inspect market intermediaries and enhance the efficiency of the complaint redressal process. Other firms on the shortlist are Accenture Solutions, BDO India LLP and EIT Services […]

Eight of top-10 firms gain Rs 1.69 trillion in m-cap; TCS, SBI shine

MUMBAI: Eight of the 10 most valued Indian firms together added Rs1.69 trillion in market capitalisation last week, led by Tata Consultancy Services (TCS) and SBI. A strong broader market drove the market capitalisation (m-cap) of the eight blue-chip firms, including ICICI Bank, HDFC and RIL, higher by Rs1,69,865.11 crore for the week ended Friday. […]

ArcelorMittal says reached pact with Liberty House for sale of Dudelange, Liege assets

NEW DELHI: ArcelorMittal on said Friday it has reached an agreement with Liberty House for the sale of its assets in Luxembourg and Belgium. The assets are the final part of a divestment package the Luxembourg-headquartered company agreed with the European Commission (EC) during its merger control investigation into ArcelorMittal’s acquisition of Ilva SpA. “ArcelorMittal… […]

Sebi to introduce alternative payment mechanism for retail IPO investors from January

NEW DELHI: Capital market regulator Securities and Exchange Board of India (SEBI) on Thursday said it will launch Unified Payments Interface as an alternative payment option for retail investors, buying shares in a public issue, in a phased manner from January 1 next year, which will cut listing time for an IPO to three days […]

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