Stock Market Updates Today: Sectorally, except for IT and pharma index, all the other indices ended with decent gains. Private, PSU Bank and financial indices closed 3% higher today.

The basis of share allotment is expected to be finalised on March 2 and shares are likely to be credited to Demat accounts of investors on March 4. Equity shares are proposed to be listed on BSE and National Stock Exchange

Stock Market News Updates Today: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment

Stock Market News Updates Today: M&M, Axis Bank, L&T, Maruti traded among the top losers on Sensex pack. Meanwhile, ONGC, HDFC, Tech Mahindra traded among the top gainers

Private wealth creators are solely responsible for India's banking stress; increasingly fleeing India with their wealth and bank loans, and those making huge profits are doing so by cutting jobs and wages

Niti Aayog's consultation paper on fantasy sports advocates self-regulation, but legal and regulatory uncertainties remain a drag for an industry that has the capacity to attract Rs 10,000 crore FDI in the next few years

FDI surge from Cayman Islands makes it the new Mauritius; chorus grows China might be routing investments into India through it

The minimum market lot size for the IPO is 155 shares, where an individual investor can apply for up to 13 lots (2015 shares or Rs 189,410)

The Rs 819.24-crore issue of the state-owned RailTel Corporation of India is a complete offer for sale of 8,71,53,369 equity shares by the Government of India

The company has reserved shares worth Rs 1 crore for its employees. The eligible employees will get shares at a discount of Rs 20 per share

India needs to collect and declare credible data on stressed assets, identify sectors and companies where these are accumulated and be transparent in insolvency resolution before jumping to a new mechanism

A significant spike in prices of key raw materials post lockdown has thrown a curveball at the revival story of India Inc

As India's imports fall, exporters are facing a shortage of containers

FM bets big on infrastructure with focus on asset monetisation and sharp rise in allocations to highways and railways

The outcome and result-based financial package is a good move and an improvement over the existing UDAY scheme to address the stressed discoms' health, says Guru Inder Mohan Singh, COO, Amplus Solar

Sensex, Nifty Highlights on Budget day, February 1: Almost all the sectors closed in green territory today, rising in the range of 3-6%, except for pharma index

Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil

Budget 2021: The finance ministry has discussed the proposals for bank recapitalisation and fund allocation will depend on a number of key factors

Budget 2021: Indian economy had started dwindling in FY18 when the growth declined to 7.04 per cent from 8.26 per cent in the previous fiscal. The GDP growth further declined to 6.15 per cent in FY19 and 4.2 per cent in FY20, which was the lowest in 44 quarters

The government has also revised GDP growth estimates for FY18 and FY19 to 6.8 per cent and 6.5 per cent, respectively, as compared to 7 per cent and 6.1 per cent pegged earlier