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Shares of bank, Grasim fall on collateral damage from blow to telcos

New Delhi, Oct. 24 -- Shares of banks and Grasim Industries slipped on Thursday after the Supreme Court upheld the definition of adjusted gross revenue (AGR) provided by the department of telecommunic... Read More


RBL Bank shares plunge 17% as bad loans soar in Q2

New Delhi, Oct. 23 -- Shares of RBL Bank Ltd on Wednesday slumped 17% to hit an all-time low after the lender reported a slump in profit as bad loans continued to mount and provisions soared. The sto... Read More


Sensex opens flat as UK MPs vote delay Brexit deal decision

Mumbai, Oct. 23 -- Indian stock markets on Wednesday opened flat tracking mixed global equity markets after UK Prime Minister Boris Johnson lost a key vote to fast-track legislation. At 9.20am, the b... Read More


Infosys erodes over $6 billion in market cap on whistleblower complaint

Mumbai, Oct. 22 -- Infosys Ltd on Tuesday saw its market capitalistion erode by over $6 billion or Rs.43,925 crore after a whistleblower complaint accused the company's chief executive officer and chi... Read More


Sensex, Nifty flat; Infosys slumps 10% on whistleblower complaint

New Delhi, Oct. 22 -- Indian equities were little changed on Tuesday amid a fall in shares of Infosys Ltd. Traders exercised caution, awaiting fresh cues on the potential trade deal between the US and... Read More


Axis Bank posts surprise loss as tax expense surges

Mumbai, Oct. 22 -- Axis Bank Ltd on Tuesday reported an unexpected loss for the September quarter due to a one-time income tax adjustment. Net loss for the quarter stood at Rs.112.08 crore against a ... Read More


RIL becomes first Indian firm to hit 9 tn m-cap

Mumbai, Oct. 19 -- The Mukesh Ambani-led Reliance Industries Ltd (RIL) has become the first Indian company to hit the 9-lakh crore (trillion) market capitalization mark after its shares rose nearly 2%... Read More


Sensex, Nifty tad down as investors focus on Brexit vote

Mumbai, Oct. 18 -- Indian equities opened marginally lower on Friday amid mixed cues from Asia. Investors also focused on the vote in UK Parliament after the last-minute Brexit deal. At 9.30 am, the ... Read More


Sensex, Nifty gain as govt may announce more measures to spur growth

Mumbai, Oct. 17 -- Indian equities opened higher for the fifth consecutive session on Thursday after Finance Minister Nirmala Sitharaman said the government is planning more measure to spur economic g... Read More


Sensex, Nifty marginally up amid mixed global cues

Mumbai, Oct. 15 -- Indian equities on Tuesday opened marginally higher amid mixed global cues. Investors were cautious as weak domestic macroeconomic data may pare expectations on interest rates cuts ... Read More