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Shares of Yes Bank jumped 35 per cent before closing with gains of 24 per cent after the lender informed the exchanges that it has received a $1.2 billion binding offer (around Rs 8500 crore) from a global investor. The bank is yet to consider the offer, it said.

Yes Bank posts net loss of Rs 629 cr in Sept quarter as bad loans...

The private sector lender had posted a net profit of Rs 951.47 crore in the corresponding period of the previous fiscal.

1 Nov 2019 6:42 PM IST

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Business

IOC stock down nearly 3 pc after disappointing Q2 earnings

The stock touched an intra-day low at Rs 140.25, down 4.46 per cent.

1 Nov 2019 5:49 PM IST

The offer started Friday and will continue till the stock lasts.

Business

Audi India cuts SUV Q5, Q7 prices by up to Rs 6 lakh for limited...

The Audi Q5 in both petrol and diesel options will be tagged at Rs 49.99 lakh as against the current price of Rs 55.8...

1 Nov 2019 5:39 PM IST

Dussehra sales had disappointed the jeweler fraternity. However, they hope to see the latent demand for gold to support Dhanteras sales this time.

Business

Gold prices up Rs 181 to Rs 39,395 per 10 gram

The international gold prices were up as the trade deal uncertainty between the two major economies scared global...

1 Nov 2019 4:52 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

Business

Govt orders SFIO probe against crisis-hit DHFL

On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.

1 Nov 2019 4:40 PM IST

Domestic car sales also ticked up to 1,72,623 units as against 1,64,559 in February last year, up 4.9 per cent.

Business

Maruti posts positive domestic sales; Mahindra, Toyota improve...

This is the first time in the last seven months that Maruti Suzuki has seen an increase in its domestic sales.

1 Nov 2019 4:23 PM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

Business

COAI seeks waiver of all past statutory dues for Airtel, Voda-Idea

The telcos to pay the principal due together with interest and penalties within three months.

1 Nov 2019 4:10 PM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Business

Sensex ends marginally higher; Yes Bank drops 5 per cent

The broader NSE Nifty too advanced 13.15 points, or 0.11 per cent, to close at 11,890.60.

1 Nov 2019 4:02 PM IST

Revenue collection from the Goods and Services Tax (GST) had slipped below the Rs 1 lakh crore mark for the first time in the current fiscal in June at Rs 99,939 crore. (Photo: File)

Business

GST collections remain subdued at Rs 95,380 cr in October

The gross GST revenue collected in the month of October, 2019 is Rs 95,380 crore of which CGST is Rs 17,582 crore.

1 Nov 2019 3:52 PM IST

IndiGo on Tuesday announced that it had placed an order for 300 A320neo family aircraft, comprising A320neos, A321neos and A321XLRs. (Representational Image)

Business

DGCA asks IndiGo to replace PW engines of 23 A320neo planes by Nov 19

The regulator also asked IndiGo that all 97 such aircraft in its fleet must have modified PW engines by January 31 next...

1 Nov 2019 3:14 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Business

Crude oil futures rise over 1 per cent to Rs 3,921 per barrel

Analysts said raising of bets by participants kept crude prices higher in futures trade here.

1 Nov 2019 2:54 PM IST

$The capital infusion of public sector banks is a \big bang reform\ that will support credit growth and job creation, says SBI research report. (Photo: PTI)$ Business

Diluting govt stake below 50 per cent in PSBs no solution: Unions

Nobel laureate Abhijit Banerjee said that there was a need to bring down government stake to below 50 per cent in PSBs.

1 Nov 2019 2:26 PM IST