The acquisition will enable RSHPL to achieve higher efficiencies in its existing businesses in the financial lending space as well as expand and diversify its operations in other business areas.

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

Stocks to watch today on February 22: Jet Airways, PNB Housing, Karnataka Bank, Axis Bank, Inox Leisure among others are the top stocks to watch out for in Monday's trading session

IndusInd Bank said that the warrants were converted at a price of Rs 1,709 per share reflecting a premium of 65 per cent over Wednesday's closing price of Rs 1,032.60

The proposed transaction is part of Airtel's strategy to align the shareholding of its customer facing products, services and businesses under the same holding group.

Stocks to watch today on February 15:  Tata Motors, Airtel, Vodafone, PowerGrid, ONGC, Godrej Industries among others are the top stocks to watch out for in Monday's trading session

Magma Fincorp share has risen 107.1% in nine days. On January 29, the small cap stock stood at Rs 45.10 on BSE

As par the agreement, Magma Fincorp to allot 45.80 crores equity shares to Rising Sun Holdings and 3.57 crore shares to Sanjay Chamria and Mayank Poddar

The October-December quarter saw a significant acceleration of business recovery along sequential quarters as consumers started coming back to stores, the company said.

India Stock Market News Updates Today: Earlier today, Sensex rose above the psychological key level of 50,000 and Nifty neared 14,700

In October last year, Aditya Birla Fashion's board had approved plans to raise Rs 1,500 crore by issuing a 7.8 per cent stake on a preferential basis to Walmart-owned Flipkart Group

During the Extraordinary General Meeting (EGM), the shareholders passed the special resolution with the requisite majority for raising capital through FPO/Rights or QIP or preferential allotment

RBI Governor Shaktikanta Das has been advising banks to proactively raise capital and not wait for a difficult situation to arise due to the ongoing COVID-19 crisis

Following the financial performance review after the first half, sources said, it was found that Punjab & Sind Bank, out of the 12 PSBs, was in need of Rs 5,500 crore to meet the regulatory requirement

Burger King India IPO: Anchor investors who subscribed to the issue were Government of Singapore, Sundaram Mutual Fund, SBI Mutual Fund, Integrated Core Strategies Asia Pte Ltd, HDFC Trustee Company and ICICI Prudential Mutual Fund

The price band of IPO has been fixed at Rs 59 to Rs 60 per equity share. Bid lot size is of 250 shares and in multiple of 250 shares thereafter. Burger King plans to raise Rs 804 crore at lower end of price band and Rs 810 crore at higher end of price band

Max Financial Services Limited will issue and allot 7.54 crore shares of Rs 2 each at a price of Rs 565.11 per equity share on a preferential allotment basis to Mitsui Sumitomo

Share of Tube Investments gained 3.74% to Rs 845.55 against previous close of Rs 815.05 on BSE. The stock has gained after 2 days of consecutive fall

Stocks to watch today on November 27: Larsen & Toubro, Mahindra & Mahindra, Gillette, United Spirits, Rane Holdings among others are the top stocks to watch out for in Friday's trading session

Current tariff 'unsustainable'; need telcos, TRAI to support hike: Sunil Mittal Bharti Airtel Chairman Sunil Mittal has stressed on the need for a hike in telecom tariff as the current rates are \"unsustainable\". However, he said that the telecom market and regulator would have to be on the same page before Airtel can go ahead with a tariff hike. Mittal added that Airtel has taken a clear stance on the issue of tariffs and is of the view that a hike is necessary. World Bank cautions G20 ...