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BT Online
November 7, 2017
The IPO comprises sale of 1,91,246,050 equity shares, amounting to 9.55 per cent stake, by HDFC Ltd and up to 1,08,581,768 scrips, or 5.42 per cent, holding by Standard Life Mauritius. According to merchant banking sources, promoters are expected to get about Rs 7,500 crore from the stake dilution.
BT Online
November 1, 2017
Around 12 crore shares or 14.13 percent stake of the insurer will be sold through the share sale offer in a price band of Rs 770 -Rs 800 per share. The government will sell 9.6 crore shares in the state-owned insurer besides a fresh issue of 2.4 crore shares.  Retail investors and employees will get a Rs 30 discount on the price of a share.
BT Online
October 31, 2017
The IPO of Mahindra Logistics will remain open for public subscription till November 2. The company has fixed a price band of Rs 425-429 per share. At the upper end of the price band, the public issue is expected to fetch Rs 829.35 crore.
BT Online
October 25, 2017

Banking sector stocks rose up to 46 percent led by Punjab National Bank and Canara Bank among others. Punjab National Bank (46.20 percent), Bank of Baroda (31.47 percent), Bank of India (33.96  percent), Union Bank (34 percent ) and Canara Bank (38.05 percent) gained the most on BSE.


Devika Singh
Delhi, Edition:October 22, 2017

Why more and more business schools are striving for global accreditation

Aseem Thapliyal
September 20, 2017
The initial public offer (IPO) of the private life insurance firm will end on September 22. During the initial public offer (IPO), State Bank of India (SBI) will dilute up to 8 crore shares while BNP Paribas Cardif SA will offload up to 4 crore shares. After the listing of ICICI Prudential Life Insurance last year, SBI Life will become the second life insurer to go public.
E. Kumar Sharma
New Delhi, Edition:October 8, 2017

Reddy has steered Apollo Hospitals through turbulent times.

Mahesh Nayak
Delhi, Edition:September 10, 2017

MEP Infra has moved from just operating and maintaining toll plazas to building roads.

BT Online
New Delhi, August 4, 2017
In a regulatory filing, M&M said that revenue from operations during the first quarter of 2017 -18 stood at Rs 12,335.56 crore, up 3.29 per cent from Rs 11,942.9 crore the year-ago period.
BT Online
July 31, 2017
At 9:29 am, the stock of the firm was trading 3.73 percent or 43.20 points higher at 1202 level on the BSE.  It was nearing its 52-week high of  1223.28 attained on May 30, 2017 and was the top gainer on the 30 stock Sensex.
 
PTI
July 28, 2017
Engineering and construction conglomerate Larsen & Toubro (L&T) today registered a 46 per cent jump in consolidated net profit to Rs 893 crore for the first quarter ended June 30, 2017.
Reuters
New Delhi, July 19, 2017
India will reclaim its position as the fastest growing major global economy this year, partly propelled by benefits from a new tax system and bolstered by an expected central bank interest rate cut.
By P.B. Jayakumar
Delhi, Edition:July 16, 2017

Tata Power is planning a massive restructuring and asset sale to trim its huge debt. The success is far from certain.

PTI
New Delhi, May 31, 2017
The company had posted a PAT of Rs 604.63 crore during the same period a year ago. Total income from operations rose 4.04 per cent to Rs 12,319.64 crore from Rs 11,840.47 crore in the same period a year ago.
Venkatesha Babu
New Delhi, Edition:June 18, 2017
The Murugappa Group headquarters in Chennai - Dare House - is located in Parry's Corner, a landmark in the port city.
PTI
New Delhi, May 15, 2017
Its total sales grew 41 per cent to Rs 22,371 crore during the quarter under review as against Rs 15,828 crore a year ago.
BT Online
May 10, 2017
Nisaba Godrej on Tuesday took over the role of Executive Chairperson of Godrej's flagship firm Godrej Consumer Products Limited (GCPL) from her father and veteran industrialist Adi Godrej.
BT Online
New Delhi, May 3, 2017
Markets ended in the red dragged by Pharma stocks.
P.B. Jayakumar
Delhi, Edition:May 21, 2017
Samina Vaziralli, grand-daughter of Cipla's founder Dr Khwaja Abdul Hamied, had taken a break from her professional career as a banker.
PTI
New Delhi, April 10, 2017
Finance Minister Arun Jaitley on Sunday received a pat from President Pranab Mukherjee for completing the budget exercise by March 31 and not seeking a the Vote on Account, which happened for the first time in many years.
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