IndusInd Bank promoters called reports of takeover talks with Kotak Mahindra Bank "malicious, untrue and baseless", adding that they will continue their unstinted support to the bank

Amazon received an emergency order to halt the companies from proceeding with the deal until an arbitration tribunal is formed; the order would have to be ratified by an Indian court

According to banking sources, Religare Enterprises introduced a couple of investors interested in Religare Finvest Ltd to lenders in a meeting with bankers held recently

Centre on October 12 announced the LTC cash voucher scheme under which central government employees can purchase any goods or services with GST rate of 12 per cent or above to avail the benefit

HDFC Bank, HDFC, ICICI Bank, Kotak Mahindra Bank, Bharti Airtel and HCL Technologies were gainers, While, Reliance Industries, TCS, Hindustan Unilever and Infosys saw erosion in their market valuation