India Stock Market Highlights Today: HCL Tech, followed by L&T, M&M, Tech Mahindra, Maruti, TCS, Asian Paints, Infosys and HDFC Bank were among the top gainers today. On the other hand, ONGC, Nestle India, SBI, ICICI Bank and IndusInd Bank were among the laggards

Share price of RIL slipped 1.74%  to Rs 2,190 against previous close of Rs 2229 on BSE

Reliance Retail, which is a retail arm of oil-to-telecom conglomerate Reliance Industries Ltd (RIL), is currently holding discussions with advisers at the UK-based multinational retailer Debenhams for a possible takeover by the end of September (2020)

Countering the government's stand on ownership of spectrum, the Committee of Creditors (CoC), led by the SBI told the Supreme Court that the spectrum is an essential and integral part of RCom's assets and is vital for its continuance as a going concern

The RBI has stated that the benefit of restructuring will be available to corporates classified as standard accounts and not in default for more than 30 days with any lending institutions as on March 1, 2020

The appointment of this big a legion of merchant banks is the biggest ever taken on board by an Indian corporate for fundraising purposes in the equity capital markets

Small businesses that account for nearly one-quarter of India's $2.9 trillion economy and employ more than 500 million workers are the worst affected by the pandemic

The MSME trade body has said that the change in definition of MSMEs will allow large corporates and multi-national companies (MNCs) to have indirect control of the manufacturing sector in India through their subsidiaries

The government will engage two pre-IPO transaction advisers for what could be the largest ever IPO in India. LIC is a fully-owned government entity, which has delivered strong performance over the years

Tax havens have powerful backers; they include big nations including the UK and the US, reputed international bankers, accountants, law firms and many others which makes it difficult to discipline them

Yes Bank needs between Rs 20,000 - 22,000 crore to revive. SBI's risks will be ring-fenced with maximum exposure of Rs 10,000 crore. Yes Bank will not be merged with SBI but will remain an associate bank

YES Bank news: IL&FS, Dewan Housing, Jet Airways, Cox & Kings, CG Power, Cafe Coffee Day, Altico - name a bane of Indian financial services sector and YES Bank was as a key lender

A consortium of eight public sector banks held 34.56 per cent stake in Petronet MHB Ltd, where ONGC and HPCL held 32.72 per cent apiece

YES Bank says its financial advisers are in discussions with these investors on the commercial terms, including pricing of their investments

The BOI in its complaint, which is now part of the CBI FIR, said Frost International's account had started showing signs of stress from January, 2018 and later became NPA

As against the admitted claims of secured financial creditors of Rs 9,783 crore, Suraksha and NBCC are offering repayment of only 62 per cent of their outstanding dues despite the liquidation value of the company being around Rs 13,000 crore

The National Company Law Tribunal gave a go-ahead to the resolution plan of Royale Partners after the Committee of Creditors accepted its Rs 900-crore bid by 73.13 per cent vote share

P&A Law Offices, which represents and advises nine registered homebuyers associations, has written a letter to Kuldeep Verma, who is an authorised representative of homebuyers in a committee of creditors (CoC)

A consortium - led by Union Bank and State Bank of India - was set up to restructure DHFL's debt a month after it defaulted in June

DHFL shares rallied nearly 18 per cent in intra-day trade to Rs 61.80 apiece on the BSE, after slipping nearly 4 per cent in early deals, amid hopes of receiving lenders' approval on the final resolution plan