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Torrent Power Rs 3,500 cr QIP over subscribed 4 times

Torrent Power on Monday said its Rs 3,500 crore qualified institutional placement (QIP) issue was oversubscribed four times. The issue received bids of...
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Stocks

Tech View: Nifty forms long bull candle with minor shadow. What should traders do on Monday?

Reserve Bank of India's (RBI) CRR cut temporarily lifted markets mood but they eventually finished with declines, ending their five sessions gaining streak....
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Stocks

Nifty begins December series at higher open interest base, suggests F&O rollover data. What does this indicate?

Nifty futures will start the December series at higher open interest (OI) base with futures rollovers standing at 79% as against 76% averaged...
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Stocks

Canara Bank to list mutual fund, insurance arms early next fiscal

Two Canara Bank subsidiaries are poised to launch initial public offerings in the first half of next financial year, said managing director Satyanarayana...
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Economy

RBI working to create robust data analytics ecosystem: Dy Guv Swaminathan

Mumbai: RBI is working towards creating a robust data analytics ecosystem to support its supervisory functions, ensuring that the approach remains forward-looking and...
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Economy

Gold holds up incremental value of forex reserves

The Reserve Bank of India’s gold purchases has helped the central bank to hold up foreign exchange reserves amidst a huge pullout by...
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Stocks

NPA provisioning for banks moderates in Q2 driven by PSBs

Provisioning for bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison driven by the...
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Stocks

8 of top 10 most-valued firms lose nearly Rs 2 lakh crore in m-cap

Eight of the top-10 most valued firms together lost Rs 1,65,180.04 crore from market valuation in a holiday-shortened last week, with HDFC Bank...
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