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Ashok Leyland scales back stake ownership plan for NBFC arm

Finance

23 March, 2020

Ashok Leyland scales back stake ownership plan for NBFC arm

Hinduja Group flagship Ashok Leyland Ltd will acquire a lower amount of stake in Hinduja Leyland Finance Ltd than originally ......

Ashok Leyland to raise stake in NBFC arm Hinduja Leyland Finance

Finance

19 March, 2020

Ashok Leyland to raise stake in NBFC arm Hinduja Leyland Finance

Hinduja Group flagship Ashok Leyland Ltd plans to buy an additional 19% stake in group company Hinduja Leyland Finance Ltd ......

Sensex, Nifty erase gains as coronavirus fears grip global markets

Markets

17 March, 2020

Sensex, Nifty erase gains as coronavirus fears grip global markets

Indian shares gave up gains to slide more than 3% in the last hour of trade on Wednesday, in line ......

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Yes Bank debacle: How healthy are smaller private-sector banks?

Finance

13 March, 2020

Yes Bank debacle: How healthy are smaller private-sector banks?

The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders, especially ......

Sensex, Nifty slump for second week as Yes Bank woes drag financial stocks down

Markets

06 March, 2020

Sensex, Nifty slump for second week as Yes Bank woes drag financial stocks down

Indian stocks slumped on Friday with banks and non-bank companies dropping after the Reserve Bank of India’s decision to impose ......

Grapevine: Jhunjhunwala, others eye IDBI Federal; IndusInd CEO race heats up

General

27 February, 2020

Grapevine: Jhunjhunwala, others eye IDBI Federal; IndusInd CEO race heats up

A company controlled by ace stock market investor Rakesh Jhunjhunwala’s RARE Equity is among the firms shortlisted to buy a ......

Sensex, Nifty drop on US trade deal uncertainty

Markets

20 February, 2020

Sensex, Nifty drop on US trade deal uncertainty

Indian shares closed lower on Thursday, as investors booked profit on uncertainty related to a trade deal with the United ......

Sensex, Nifty close lower on inflation, industrial output worries

Markets

13 February, 2020

Sensex, Nifty close lower on inflation, industrial output worries

Indian shares snapped two days of gains and ended lower on Thursday due to concerns related to growth after data ......

Sensex, Nifty rise as RBI keeps rates steady

Markets

06 February, 2020

Sensex, Nifty rise as RBI keeps rates steady

Indian shares, boosted by state-owned banking stocks, ended higher for the fourth straight session on Thursday, as the country's central ......

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Half the early birds post lower revenue for Q3 but profitability improves a tad

Finance

23 January, 2020

Half the early birds post lower revenue for Q3 but profitability improves a tad

India Inc.’s revenue growth slowed again in the quarter through December 2019 but profit growth recovered a little, an analysis ......