Stock Market News Update Today: Tech Mahindra, Tata Consultancy Services, Sun Pharmaceutical Industries, Dr. Reddy's Laboratories and Infosys were among notable gainers, while IndusInd Bank, Power Grid Corporation of India, ICICI Bank, HDFC Bank, Axis Bank, Reliance Industries were among top losers

If the Indian economy has to accelerate to rapid growth, the Rs 180-lakh-crore banking industry will have to play a pivotal role. But, for that, its loan book will have to expand multi-fold

Stock Market News Updates Today: Sectorally, all the other indices were trading with decent gains. Metal index was up 2.5%, while private, PSU Bank and financial indices rose 1.5% to 2% today

The Rs 819-crore IPO of telecom infrastructure provider received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer

Stock Market Updates Today: Sectorally, except for IT and pharma index, all the other indices ended with decent gains. Private, PSU Bank and financial indices closed 3% higher today.

The basis of share allotment is expected to be finalised on March 2 and shares are likely to be credited to Demat accounts of investors on March 4. Equity shares are proposed to be listed on BSE and National Stock Exchange

Aditya Puri, Ex-CEO, HDFC Bank, explains how the foundation for the bank was laid two decades ago, with an idea to create a world class bank, that was fair and transparent. Puri, in a discussion with Business Today's Nevin John, shares how fortunate he was to have worked with a bunch of self-motivated people, who helped create a world class Indian bank. Watch the video for more.Also Read: Former HDFC Bank MD Aditya Puri joins biopharma company Strides as advisor

The basis of share allotment is expected to be finalised on March 2 and shares are likely to be credited to Demat account on March 4. The equity shares are proposed to be listed on BSE and National Stock Exchange

Stock Market News Updates Today: ONGC, SBI, Power Grid, RIL, NTPC, ITC, Tech Mahindra, Infosys, RIL, TCS and IndusInd Bank were among the top gainers. On the other hand, Axis Bank, Bajaj Finserv, HDFC Bank, HUL, HDFC, Airtel and L&T were among the top losers today

Business Today on Tuesday honoured companies, business leaders based in Tamil Nadu, who contributed to the growth of the state. The winners were identified on the basis of the difference they made in the state, by a high profile jury comprising Arun Roy, IAS, Special Secretary, Industries Department, Govt of Tamil Nadu; Dr Darez Ahmed, IAS, Executive Director, Guidance Tamil Nadu; Preetha Reddy, Vice-Chairperson Apollo Hospitals Group; Rajshree Pathy, Chairperson, Rajshree Sugars & Chemicals; Dr GSK Velu, CMD, Trivitron & Neuberg Diagnostics and Chairman, Ficci Tamil Nadu State Council; Prof Pawan Kumar Singh, Director, IIM Trichy and N Madhan, Regional Managing Partner-South, PwC India. The Chief Minister of Tamil Nadu, Thiru Edappadi K Palaniswami, presented a total of 11 awards, including five for investment, three for employment, one for exports and two for others. Watch the video for more.Also Read: BT Business Leaders of TN: Manufacturing, electronics, SaaS can make India $5 trillion economy, say experts

Industry experts at Business Today's 'Business Leaders of Tamil Nadu' event spoke about how some sectors were contributing towards the growth of India's economy. They added that a thriving automotive industry, flourishing digital economy, and the vast scope in academics were some of the factors that could contribute to the cause. Watch as they explain how Tamil Nadu is moving towards growth with the help of its indigenous companies.Also Read: Business Today honours business leaders of Tamil Nadu

Tamil Nadu's automotive industry, which is a $3 trillion industry globally, has emerged as a significant player over the years, along with electronics industry, which stands at $2.7 trillion globally. Watch as experts including Dr Preetha Reddy, Vice-Chairperson Apollo Hospitals Group; Dr S Christopher, Ex-chairman, DRDO; Gopal Srinivasan, Chairman and MD, TVS Capital Funds Limited; Josh Foulger, Country Head and Managing Director, Foxconn International Holding, India; Madan R Krishnan, Vice President and Managing Director, Medtronic India; Vivek Partheeban, COO, Caplin Point Laboratories Ltd; Francisco Betti, Head - Shaping the Future of Advanced Manufacturing and Production, World Economic Forum; K Shanmugam, Ex-Chief Secretary, Tamil Nadu discuss how emerging markets have become key players for the state's economic growth.Also Read: Business Today honours business leaders of Tamil Nadu

Stock Market Updates Today: Sun Pharma, ITC, HDFC were trading among the top losers today while RIL, L&T, Maruti were among the top gainers

Investigators of the World Health Organization (WHO) have found that coronavirus may have originated outside the country and brought to China through import of frozen foods; Adar Poonawalla-led firm Rising Star Holdings is planning to acquire controlling stake in financial services company Magma Fincorp via open offer; Niche bike maker Royal Enfield may look at hiking prices from April in view of rising commodity prices, a top company official said on Wednesday. Watch this and more on News Blast.Also Read: Do business in India but follow laws too, Ravi Shankar Prasad to Twitter

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Stock Market Live News Today: Sensex and Nifty continued hitting new all-time highs today. Both benchmarks hit fresh lifetime highs of 51,523 and 15,159 earlier today

Online grocery delivery company BigBasket has reported a 36 per cent year-on-year (YoY) increase in its revenue at Rs 3,818 for the financial year ended March 31, 2020; HCL Technologies said it plans to hire 1,000 employees in the next few months for its campus at MIHAN (Multi-modal International Cargo Hub and Airport) in Nagpur; \"We encourage that any differences between the parties be resolved through dialogue,\" a U.S. embassy spokesperson said in a statement, which proffered general support to government measures to 'improve the efficiency of India's markets and attract greater private sector investment.' Watch this and more on News Blast.Also Read: Global shares reach record highs as COVID-19 vaccines bolster normalisation hopes

India Stock Market News Updates Today: Sensex scaled record high of 51,073.27 while the Nifty hit record high of 15,014.65 level in early trade. SBI, Kotak Bank, IndusInd Bank, HDFC, ONGC and Axis Bank were top gainers in the Sensex pack

Sensex, Nifty Highlights on Budget day, February 1: Almost all the sectors closed in green territory today, rising in the range of 3-6%, except for pharma index

Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil