The stock closed 17.04% or 23 points lower on the NSE.  On the BSE, the stock closed 16.03%  or 21 points lower at 113 level. The market capitalisation of the stock fell by Rs 5,727 crore to Rs 30,013 crore on the BSE.

Most leading hospitals are struggling to make profits. At the same time, new formats, specialties and technology assisted ventures are coming up with a promise of transforming the sector.

Reliance Nippon AMC recently got listed, while HDFC AMC would be entering the market next week. Let's look at how the HDFC AMC will be valued in the market.

At NSE, shares of the company opened at Rs 190. The company's market valuation stood at Rs 4,299 crore. In terms of equity volume, 47.19 lakh shares of the company were traded on BSE and over 4 crore shares changed hands at NSE during the morning trade.

Chaturvedi, a former IAS officer, was appointed as Additional (Independent) Director for a period of 3 years.

The government is selling its 12% stake in the Miniratna firm, which is a leading player in the transport consultancy and engineering sector.  RITES is the first state-owned company to hit the IPO market in the current fiscal.

The RITES stock is available at a price band of Rs 180-185 per share. The IPO closes on June 22.

The Reserve Bank of India, on Monday, gave its approval for the merger of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank.

The performance of Piramal Enterprises is also in line with Ajay Piramal's philosophy of investing in business that can give more than 20% return in a year.

the Narendra Modi government in Union Budget 2018 announced an increase of budgetary allocation on infrastructure for 2018-19 to Rs 5.97 lakh crore against the estimated expenditure of Rs 4.94 lakh crore in 2017-18. With such quantum of funds available for the sector, related companies are bound to benefit due an increase in investments.

RBI showed a lot of spine in nudging Sharma to look for an honourable exit. Even after the Axis Bank board had approved a fourth 3-year term for Sharma starting June 1, the banking regulator wrote back to the board to reconsider its decision.

ICICI was often given the tag of 'CEO factory' for the fast growing financial services industry.

While the Sensex logged 11.30 per cent gains, the Nifty rose 18.55 per cent during the last fiscal.

The Rs 4,017-crore offer which was reduced to Rs 3,500 crore due to a sluggish response, especially from high networth individuals was subscribed 88 percent including the anchor portion on March 26, the last day of the five-day offer.