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Cement stocks under pressure after CCI initiates probe into cartelisation

MUMBAI, Dec. 10 -- Shares of cement companies were under pressure in trade on Thursday after fair trade regulator Competition Commission of India (CCI) initiated a probe into possible cartelisation by... Read More


Yes Bank jumps 10% on ratings upgrade

MUMBAI, Dec. 9 -- Shares of Yes Bank were locked in the 10% upper circuit at Rs.19.06 on Wednesday following Brickwork Ratings upgrading its rating on the lender's Tier I Subordinated Perpetual Bonds ... Read More


ICICI Bank to sell up to 2.21% stake in ICICI Securities via offer for sale

MUMBAI, Dec. 8 -- ICICI Bank on Tuesday said it will sell up to 2.21% of its stake in ICICI Securities through an offer for sale (OFS). In a filing to the stock exchanges, the private sector lender s... Read More


Canara Bank rallies 9% as lender launches QIP

MUMBAI, Dec. 8 -- Shares of Canara Bank jumped 9.5% on Tuesday after the public-sector lender launched a qualified institutional placement (QIP) to raise funds from institutional investors. At 0200 p... Read More


ONGC gains 5% as overseas subsidiary strikes oil in Colombia block

MUMBAI, Dec. 7 -- Shares of Oil & Natural Gas Corporation Ltd (ONGC) rose 5% after its wholly-owned overseas arm ONGC Videsh Ltd (OVL) reported a "significant" strike of oil in its onshore block CPO-5... Read More


Tata Sons buys shares worth Rs.121 crore in Tata Chemicals

Mumbai, Dec. 4 -- Tata Sons Pvt Ltd, promoter of Tata Chemicals, on Friday bought more than 25 lakh shares of the company worth over Rs.121 crore via open market transaction. According to the bulk de... Read More


Airtel buys 4.9% stake in Bharti Infratel for Rs 2,882 cr

New Delhi, Dec. 3 -- Bharti Airtel Ltd, through its wholly owned subsidiary Nettle Infrastructure Investments Ltd, on Wednesday acquired an additional stake of 133 million shares or 4.94% in tower com... Read More


airtel buys 4.9% stake in infratel for Rs.2,882.32 cr

mumbai, Dec. 3 -- Bharti Airtel Ltd, through its wholly owned subsidiary Nettle Infrastructure Investments Ltd, on Wednesday acquired an additional stake of 133 million shares or 4.94% in tower compan... Read More


Tata Sons buys 0.71% stake in Tata Chemicals for around Rs 76 crore

Mumbai, Dec. 2 -- Tata Sons Pvt Ltd, promoter of Tata Chemicals bought 1.81 million shares or 0.71% for Rs.76 crore in an open market transaction on Wednesday. According to the bulk deal data on NSE,... Read More


Phoenix Mills rises 13% on pact with GIC affiliate

Mumbai, Dec. 2 -- Shares of Phoenix Mills gained as much as 13% on Wednesday after the company, along with its subsidiaries, signed a non-binding term-sheet with an affiliate of GIC to create strategi... Read More