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Sammaan Capital draws curtain on 7-year legal overhang after Supreme Court hearing

New Delhi, Aug. 18 -- Sammaan Capital appears to have finally emerged from a seven-year legal overhang after investigative agencies and court proceedings reaffirmed that the company is neither an accu... Read More


Horizon Industrial Parks IPO overall subscription reaches 0.24 times

New Delhi, Aug. 18 -- Horizon Industrial Parks Limited's Rs.2,600 crore IPO gathered momentum on its second day of bidding on Tuesday, with cumulative subscription rising to 0.24 times by close, up fr... Read More


BSE shares slide as analysts turn bearish ahead of Nifty 50 entry

New Delhi, Aug. 18 -- BSE Limited shares closed 0.72 per cent lower at Rs.3,308 on Tuesday. The stock prepares for inclusion in the Nifty 50 index from September 30, with the exchange facing mounting ... Read More


Visa expands premium card tier in India, targets growing affluent base

New Delhi, Aug. 18 -- Visa on Tuesday launched a restructured premium card portfolio in India, replacing its single Visa Infinite tier with a three-level suite, Visa Infinite, Visa Infinite Privilege,... Read More


ASK Property Fund books Rs.340 crore exit from Chennai housing project

New Delhi, Aug. 18 -- ASK Property Fund on Tuesday exited its investment in Shriram 122 West, a residential project in Chennai's Mangadu locality, realising Rs.340 crore against an initial investment ... Read More


ICICI Bank stock slips 0.45% as bank prices $750 million bond issue

New Delhi, Aug. 18 -- ICICI Bank shares were trading at Rs.1,409, down Rs.6.30 or 0.45 per cent, on Tuesday, August 18, as the private lender simultaneously announced pricing of a $750 million bond of... Read More


Brokerages turn bullish on Juniper Hotels expansion plans

New Delhi, Aug. 18 -- Leading brokerage houses remain bullish on Juniper Hotels (Juniper) on the back of its significant expansion pipeline and multiple triggers for future growth. Brokerages expect J... Read More


Cash still king in India despite digital boom, says RBI Deputy Governor Murmu

New Delhi, Aug. 18 -- Despite the rapid growth of digital payments, cash continues to play a critical role in India's economy, especially in rural and semi-urban regions, among low-income households, ... Read More


Magellanic Cloud bags Rs.8.90 crore DFCCIL surveillance contract, stock jumps nearly 7%

New Delhi, Aug. 18 -- Shares of Magellanic Cloud Limited surged 6.95 per cent to Rs.28.63 on the NSE on Tuesday after the Hyderabad-based technology company announced that its wholly owned subsidiary,... Read More


EaseMyTrip launches 'ReSave' feature to monitor post-booking fare drops

New Delhi, Aug. 18 -- EaseMyTrip on Tuesday launched a new flight add-on called 'ReSave' that automatically monitors booked itineraries for fare reductions and passes eligible savings back to customer... Read More