The Bharti Airtel stock closed 1.29 percent or 6.35 points higher at 499.15 level ahead of its Q2 earnings to be announced today. Meanwhile, Hindustan Petroleum Corp Ltd (HPCL) is likely to buy Mangalore Refinery and Petrochemicals (MRPL) in a share-swap deal to become country's second-largest oil refiner.

The proposed $12 billion merger between IDFC Group and Shriram Group has been called off as the two were unable to reach a common ground on the share swap ratio, the IDFC Group said today.

A closer look at whats in store for the 12 largest corporate defaulters.

Ajay Piramal is betting on real estate and financial services to create a $20 billion business by 2020. The Shriram Capital-IDFC deal will fast-track his march.

Why the proposed IDFC and Shriram Group merger makes perfect sense.

Infrastructure turned banker IDFC Group and South based financial services giant Shriram Group are in discussion for a merger.

Infrastructure finance company IDFC and Chennai-based financial services Shriram Group have discussed the idea of merging their business to form a $10 billion entity.

Asian shares recouped early losses, suggesting investors judged Democrat Hillary Clinton was winning her debate against Republican Donald Trump.

But nothing sticks in public memory more than his most recent avatar - Ajay Piramal, the investor. The contrarian, who is placing big bets on businesses ranging from financial services to healthcare on one hand, and drug discovery and realty on the other.

Our peers are sitting only on technologies. They are not sitting on the domain. What we do is analyse and interpret, which is a different end of the value chai, says Take Solutions vice-chairman and managing director Srinivasan H.R.

I would like to commend the FM for paving the way to a simpler tax regime and giving a clearer direction on issues like GAAR & GST, writes DCM Shriram MD.

WPI inflation turned negative for the second time in three months as fall in oil and food prices dragged it to a five-and-a-half year low of (-)0.39 per cent in January.

This was the largest batch to ever sit for final placements in the history of XLRI, an XLRI release said in Jamshedpur.

In comparison, firms had collectively raised Rs 33,460 crore via 24 issues in the April-February period of the previous fiscal.

Most of the funds have been raised to support the working capital requirements and for other general corporate purposes.

Most of the funds were raised by the listed companies to support working capital requirements and for general corporate purposes.

Duggal was serving as Chairman - Shriram Capital, Shriram Transport Finance and Shriram City Union Finance, the financial entities of Shriram Group.

Experts say fund raising via NCDs has been less compared to the year-ago period as companies have preferred QIP route and rights issue for garnering money.