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The stock however pared some gains and settled at Rs 513.55, up 15 per cent on BSE.

Biocon settles with 15 pc gain, mcap improves by Rs 4,000 crore

Shares of the company had surged 16.33 per cent to an intra-day high of Rs 519.50.

4 Dec 2017 4:55 PM IST

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

Pensioners' body bats for Rs 7,500 minimum monthly pension

Of nearly 60 lakh pensioners under EPS-95, close to 40 lakh receive a sum of below Rs 1,500 per month.

4 Dec 2017 4:38 PM IST

FMCG major Nestle India yesterday reported a decline of 8.66 per cent in its standalone net profit to Rs 167.31 crore for the quarter

Nestle India declares interim dividend of Rs 33 per share

Nestle shares settled 0.30 per cent lower at Rs 7,680.35 on BSE.

4 Dec 2017 4:29 PM IST

PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the banks ATMs.

PNB gets shareholders' nod for raising Rs 5,000 cr from market

Bank has already appointed merchant bankers for QIP and is expected to hit the market in next few days.

4 Dec 2017 4:14 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex breaks 4-day fall on value buying

Sensex rose 37 points to end at 32,870 on value-buying by domestic investors in IT, teck, metal and healthcare stocks.

4 Dec 2017 3:57 PM IST

Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.

'Rise in IPO activity may fuel credit growth in some sectors'

Rise in IPOs presents a good picture for businesses and corporates as it represents a better options to raise money.

4 Dec 2017 3:50 PM IST

Indian Oil Corp has delayed maintenance shutdown at its 300,000 barrels per day (bpd) Paradip refinery in eastern Odisha state to March-April, a company spokesman said on Friday. (Photo:IOCL)

Indian oil refiners issue tanker tenders aimed at boosting domestic...

Shift to five-year contracts would give millions of dollars in tanker contracts to the Indian carriers.

4 Dec 2017 3:44 PM IST

India typically imports around 800 tonnes of gold every year. (Photo: PTI)

Gold plunges on weak global cues, slack demand

Gold is trading at Rs 30,200 per 10 grams at bullion market taking cues from a weak trend overseas.

4 Dec 2017 2:49 PM IST

MMOPL had moved the Supreme Court against the high courts order.

High Court restrains MMOPL from hiking Mumbai Metro fares

MMOPL had contended that it was incurring losses of up to Rs one crore per day with the existing fares.

4 Dec 2017 2:18 PM IST

Maggi compliant with latest FSSAI norms, no ash added: Nestle

Company has received order of district administration and will decide on future course of action after studying it.

4 Dec 2017 1:13 PM IST

Railway Minister Suresh Prabhu.

AYUSH industry may create 26 million jobs by 2020: Prabhu

Indian domestic market of AYUSH is estimated to be Rs 500 crore, while exports amount to Rs 200 crore.

4 Dec 2017 12:59 PM IST

China's top two banks won't lend to Adani's Australian coal mine

Adani declined to comment on its financing plans on Monday or the statements from the Chinese banks.

4 Dec 2017 12:12 PM IST