Jet Airways , battling with financial woes, is already under the lens of Sebi and the corporate affairs ministry for various violations, including alleged corporate governance lapses.

While Reliance Nippon Asset Management fell over 10 percent, HDFC Asset Management Co slipped more than 9 percent in morning trade.

The rupee fell 46 paise to close at 72.97 level, its lowest ever against the US dollar in trade today which dampened market sentiment. The Indian currency had closed at 72.51 to the dollar on Monday. Led by the sharp fall in stocks, the market capitalisation (m-cap) of BSE-listed companies plunged by Rs 2,72,549.15 crore to Rs 1,53,64,470 crore since Friday.

Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...

Dena Bank was on RBI's Prompt Corrective Action (PCA) list and other two banks have the strength to subsume a weaker bank, Finance Minister Arun Jaitley said on Monday. 

After rallying for two sessions, the Sensex and Nifty closed over 1% lower on Monday as worries about global trade war and prevailing rupee crisis dampened investors mood despite the government announcing steps to stem a steep fall in the Indian currency.While the Sensex fell 505 points or 1.33% to 37,585 level, the Nifty lost 137 points or 1.19% to 11,377 level. Subdued Asian and European markets due to escalating trade war between the US and China mainly led to a caution on do...

While the Sensex fell 505 points or 1.33% to 37,585 level, the Nifty lost 137 points or 1.19% to 11,377 level. Subdued Asian and European markets due to escalating trade war between the US and China mainly led to a caution on domestic bourses, brokers said.

Vibha Padalkar has been instrumental in listing of HDFC Life at smashing high valuation of close to Rs 95,000 crore.

Chaudhry, who resigned from the post of MD and CEO of HDFC Standard Life Insurance Company on Saturday, has been appointed as MD and CEO for a period of 3 years, with effect from January 1, 2019 up to December 31, 2021.

Vibha Padalkar is focusing on profitable products, risk management and setting high standards for disclosures.

Benchmark indices Sensex and Nifty fell for the second consecutive session as investors fretted over plunging rupee and rising crude oil prices, while August futures and options (F&O) expiry added to market volatility.The Sensex slipped 33 points, to 38,690. The Nifty fell 15 points to 11,677. Intra-day, the 50-share index moved between 11,698 and 11,639.Investors offloaded their long bets in F&O segment instead of carrying them forward to the next series for September, ...

However, if any company complies with the provisions of the LODR (Listing Obligations and Disclosure Requirements) Regulations on or before the date prescribed by the exchanges, the trading in its security will not be suspended, according to separate communications dated August 17 from the exchanges.

The Sensex fell over 188 points to close at 37,663, tracking weak global cues on concerns over Turkey's financial crisis amid sustained foreign fund outflows. The rupee stoked more worries, slumping to an all-time low of 70.40 per dollar (intra-day).Sentiment took a hit after the country's trade deficit soared to a near five-year high of $18 billion in July. The trade data was released by the Commerce Ministry on Tuesday after market hours.After opening lower at 37,796, the 30-sha...

The BSE said the disclosure by the company regarding the delay in first quarter results lacked \"certain information\" and Jet Airways should submit complete information that is available with it, for compliance with the requirements of Regulation 30.

The HDFC AMC stock later closed 65.01% or 715.15 points higher at 1815 level on BSE. It rose 4.38% higher than the listing price of 1739 level. The market capitalisation of the AMC on BSE stood at Rs 38,479.15 crore on the first day of its listing on the bourses.

The Sensex suffered its biggest single-day rout in over four months today as investors scrambled for the exit amid a flare-up in Sino-US trade frictions. Profit-booking by participants following the recent rally on Dalal Street added to the selling pressure, brokers said. Rate-sensitive auto, bank and realty stocks continued their slide, a day after the RBI hiked rates, making loans costlier for consumers. The Sensex plunged 356 points to close at a one-week low of 37...

The Sensex plunged 356 points to close at a one-week low of 37,165.16, while the NSE Nifty dropped 101.50 points to finish below the 10,300-mark.

The IPO will open an avenue for private equity PE fund Carlyle Group, which holds about 30 per cent stake in the company, to part exit its investment.

It hit an intra day low of 672.90 on the BSE. At 10:17 am, the stock was trading over 4% lower at 684.50 on the NSE and fell 4.61% or 33 points to 683 level on BSE.

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.