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Yes Bank reports net profit of Rs.129 crore for Q2 vs loss year ago

MUMBAI, Oct. 23 -- Private sector lender Yes Bank on Friday reported a net profit of Rs.129.4 crore for the September compared with a net loss of Rs.600 crore in the year-ago period. A Bloomberg poll... Read More


Aditya Birla Fashion shares surge 15% as Flipkart to buy 7.8% stake in co

MUMBAI, Oct. 23 -- Shares of Aditya Birla Fashion & Retail Ltd (ABFRL) jumped as much as 15.29% after the company on Friday said its board approved raising Rs.1500 crore through preferential issue of ... Read More


L&T Finance Holdings Ltd Q2 net profit up 52% to Rs 265.12 crore

Mumbai, Oct. 22 -- L&T Finance Holdings Ltd reported a rise of 52.19% in its net profit to Rs.265.12 crores for the period ended September 30, 2020 as against Rs.148.31 crores for the period ended Jun... Read More


Equitas Small Finance Bank IPO subscribed 2 times on final day

Mumbai, Oct. 22 -- Initial Public Offer of Equitas Small Finance Bank was subscribed 1.97 times on Thursday, the final day of the public offering. The Rs.518-crore IPO received bids for 22.57 crore e... Read More


Regulator considering multiple steps to reboot economy: Tyagi

New Delhi, Oct. 22 -- The Securities and Exchange Board of India (Sebi) is considering multiple steps to reboot the economy through financial market reforms, the capital markets regulator's chairman, ... Read More


Sebi considering multiple steps to reboot economy : Sebi Chairman

Mumbai, Oct. 21 -- The Securities and Exchange Board of India (Sebi) Chairman Ajay Tyagi says the capital markets regulator is considering taking multiple steps to rebooting economy through financial ... Read More


L&T Infotech gains 6% after Q2 net profit rises 27%

MUMBAI, Oct. 21 -- L&T Infotech (LTI) shares gained as much as 6% on Wednesday after the company reported a 26.7% year-on-year increase in consolidated net profit to Rs.456.8 crore for the quarter end... Read More


Vedanta shares rise over 5% on Hindustan Zinc's dividend shot

MUMBAI, Oct. 21 -- Shares of Vedanta gained as much as 5.2% on Wednesday as investors cheered dividend payout of Rs.21.30 per share by its subsidiary Hindustan Zinc. At 10:50 am, shares of Vedanta we... Read More


Brookfield backed IndoStar Capital Finance appoints Deep Jaggi as Chief Business Officer

Mumbai, Oct. 20 -- Canadian private equity giant Brookfield backed non-banking finance firm IndoStar Capital Finance (ICFL) has appointed Deep Jaggi as its chief business officer, the lender said in a... Read More


ACC's shares gains 4% after strong Q3 performance

MUMBAI, Oct. 20 -- Shares of ACC Ltd gained as much as 3.79% after the cement major's consolidated net profit rose 20.26% to Rs.363.85 crore, whereas net sales increased 0.26% to Rs.3,537.31 crore in ... Read More