Intel Capital, an investment arm of Intel Corporation, will invest Rs 1,894.50 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Intel Capital's investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis; Indian government on Thursday approved the purchase of 33 Russian fighter jets and upgrades to another 59 planes, acting to beef up its air force at a time when the military is locked in a border stand-off with China; Zydus Cadila Healthcare has received approval from the Drug Controller General of India (DCGI) for human trials of its coronavirus vaccine candidate. This is the second vaccine candidate to be approved for human trials in India after Hyderabad-based Bharat Biotech's COVAXIN. Watch this and more news on News Blast.Bank credit grows 6.18%, deposits 11% in fortnight ended June 19

LIC made fresh positions in HCL Technologies, Hindustan Unilever, IndusInd Bank, Adhunik Metaliks, Amara Raja Batteries, Birla Tyres and Tata Consumer Products among others

In the previous fortnight that ended on June 5, advances had grown 6.24 per cent and deposits by 11.28 per cent, respectively

Intel Capital to pump in Rs 1,894.5 cr in Jio Platforms; 12th investment in 11 weeksIntel Capital, investment arm of Intel Corporation, will invest Rs 1,894.50 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Intel Capital's investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis. Intel Capital joins the list of marquee firms that have recently invested in Jio Platforms, taking the ...

Banks flush with funds are willing to lend for short-term, especially because there are not enough good lending opportunities because of slowdown

Share price of HDFC Life Insurance climbed 5.19% to Rs 576 against previous close of Rs 547.95 on BSE

The rupee opened at 74.60 per US dollar, registering a jump of 44 paise over its previous close of 75.01 per dollar on Thursday

Stock Market LIVE Updates on July 3: Bajaj Auto, followed by Asian Paints, Bharti Airtel, HUL, Reliance Industries, HUL and Kotak Bank were among the top gainers in the Sensex pack. On the contrary, Tata Steel, HDFC, M&M and Bajaj Finance were among the laggards

Stocks to watch today on July 3: Cadila, Muthoot Finance, Axis Bank, Affle India, HDFC Life among others are the top stocks to watch out for Friday's trading session.

The COVID-19 vaccines developed by German biotech firm BioNTech and the US pharmaceutical giant Pfizer have shown potential and was found to be well tolerated in early-stage human trials testing of 45 people

There is a need for the bankers to provide more support to the micro, small and medium enterprises, State Bank of India Managing Director Arijit Basu said

Experts believe the changes in the pricing guidelines for preferential issues would help promoters and investors to infuse funds into companies that are facing various challenges due to the pandemic

While fuel demand is gradually recovering as lockdown measures ease, a second coronavirus wave could quickly undermine the trend, industry data showed last week

Share price of Axis Bank fell 2.76% to Rs 421.30 against previous close of Rs 433.25 on BSE

SBI account holders will now be able to do only eight free transactions--5 transactions at SBI ATMs and 3 transactions at other bank ATMs. This rule is applicable for people living in these metro cities. In non-metro areas, SBI account holders will get 10 free transaction - 5 at SBI ATMS, and 5 at others

Eveready Industries share hit fresh 52 week high of Rs.94.8 today The share has been gaining for the last 2 days and risen 9.52% in the period

Stock Market LIVE Updates on July 2: ONGC, followed by M&M, IndusInd Bank, HDFC Bank, SBI and Titan were among the top gainers in the Sensex pack. On the other hand, Tech Mahindra and HUL were the top laggards

Stocks to watch today on July 2: Dixon Tech, Tata Motors, M&M, Coal India, Eveready, Polycab, Ashok Leyland, Hero MotoCorp among others are the top stocks to watch out for in Thursday's trading session

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report

Share market updates and Analysis for tomorrow: Shares of Non-Banking Financial Companies (NBFCs) and housing finance companies (HFCs) will remain in focus on on July 2 as the government approved a scheme to avoid any potential systemic risks to the financial sector