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Allahabad Bank to issue preferential equity shares (30-09-2015)
Allahabad Bank today obtained shareholders' approval to issue preferential equity shares to the government to raise Rs 283 crore.
SBI, Bank of Baroda allot shares to government for capital infusion (30-09-2015)
Public lenders SBI and Bank of Baroda today said they have approved issuance of shares on a preferential basis to the government in lieu of capital infusion.
Tribunal asks Sebi to select SRO afresh for MF distributors (30-09-2015)
SAT today asked Sebi to select an applicant afresh for setting up a Self-Regulatory Organisation (SRO) for mutual fund distributors.
HCL Technologies sounds revenue alarm, expects to be hit by adverse currency impact (30-09-2015)
The firm highlighted factors such as adverse currency impact and skewness in revenue growth among factors that are likely to affect its results.
Ashok Leyland sells shares of IndusInd Bank worth Rs 165.37 crore (30-09-2015)
Hinduja Group flagship company Ashok Leyland has sold shares worth Rs 165.37 crore of IndusInd Bank.
Nifty may soon revisit 8,050 on global rally: Ashwani Gujral (30-09-2015)
The way the Nifty is moving, it is anticipating some sort of intermediate bottom getting created on rally in global markets, says Gujral.
Nifty may turn rangebound; 8,050 holds the key: Mitesh Thacker (30-09-2015)
Any stability above 8,050 in the short to medium term will suggest that we are now ready to sustain some kind of uptrend, says Thacker.
Sensex ends 376 points higher, Nifty a tad below 7,950; GAIL, Tata Steel gain 5% (30-09-2015)
The domestic equity market rallied smartly on Wednesday on the back of RBI governor Raghuram Rajan’s surprise 50 basis points repo rate cut.
Bwe selective in pharma space; prefer Lupin, Cadila: Gaurav Mehta (30-09-2015)
Once a bit of sanity comes back to the market, people will start becoming a lot more stock-specific; Lupin is one name that stands out, says Mehta.
See deep value in Tata Motors; buy stock with 12-24 month view: Gaurav Mehta (30-09-2015)
At present, Tata Motors trades at Rs 280-290 and is available at 7-7.5 times FY17 earnings, says Mehta.
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