SmallCap World Fund bought 1.04% stake in MCX for Rs.94 crore

Mumbai, Oct. 29 -- Foreign investor SmallCap World Fund Inc on Thursday bought 5.32 lakh shares or 1.04% stake of Multi Commodity Exchange for nearly Rs.94 crore, through an open market transaction. ... Read More

Indian rupee ends at two-month low against US dollar

MUMBAI, Oct. 29 -- The Indian rupee closed at a two-month low against the US dollar tracking losses in domestic equities. The local currency settled at 74.11, a level last seen on 26 August. The unit ... Read More

Pidilite Inds up 5% as company announces acquisition of Huntsman Advanced

MUMBAI, Oct. 29 -- Shares of Pidilite Industries rose 4.71% after the company signed a definitive agreement with Huntsman Group (USA) for acquiring a 100% stake in its India subsidiary Huntsman Advanc... Read More

Baring Private Equity Asia sells 6.27% stake in Coforge Ltd for Rs.878 crore

NwMumbai, Oct. 26 -- Hulst BV, part of private equity investor Baring Private Equity Asia (BPEA), on Monday sold 38 lakh shares or 6.27% of Coforge Ltd, earlier known as NIIT Technologies, for Rs.878 ... Read More

Mahindra Finance Q2 consolidated net profit rises 34% to Rs.353 crore

Mumbai, Oct. 26 -- Mahindra and Mahindra Financial on Monday reported 34% rise in consolidated net profit at Rs.353 crore for September quarter 2020-21 on impairments of covid-19 pandemic related disr... Read More

IndusInd Bank gains 4% on buzz Kotak Mahindra Bank exploring takeover

MUMBAI, Oct. 26 -- IndusInd Bank rose as much as 4.2% on Monday following reports that Kotak Mahindra Bank is exploring a potential takeover of the l. At 02:45 pm, IndusInd Bank stock was trading at ... Read More

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