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Dena Bank stock traded 1.59 per cent down at Rs 30.85 on BSE.

Dena Bank surges 20 pc; BoB tumbles 14 pc post merger announcement

Shares of Bank of Baroda dived 13.76 per cent to Rs 116.50 and Vijaya Bank lost 2.59 per cent to Rs 58.25.

18 Sept 2018 12:55 PM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

Infosys loses arbitration case, asked to pay ex-CFO Rajiv Bansal Rs...

As per the award, Infosys is required to pay Bansal the outstanding severance amount of Rs 12.17 crore.

18 Sept 2018 12:37 PM IST

Ola plans to start services in South Wales next month. (Photo: AP)

Ola forays into New Zealand in latest overseas push

Company, which is competing with Uber in India's USD 12 billion taxi market, did not provide further details.

18 Sept 2018 12:23 PM IST

Prime Minister Narendra Modi (Photo: File)

PM Modi launches projects worth over Rs 550 crore in Varanasi

Projects inaugurated include Integrated Power Development Scheme for Puraani Kashi and Atal Incubation Centre at BHU.

18 Sept 2018 12:15 PM IST

Adani Enterprises today said it has sold 100 per cent stake in its wholly-owned subsidiary Adani Energy Ltd (AEnL) for Rs 13.61 lakh.

Adani Capital to raise Rs 1,000 crore in growth capital in FY19

Company has so far raised Rs 35 crore through its maiden commercial paper issuance last month.

18 Sept 2018 11:41 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Merger of BoB, Vijaya, Dena Bank to improve efficiency, governance:...

The merged entity will have a market share of about 6.8 per cent by loans, according to data as of March 2018.

18 Sept 2018 10:58 AM IST

The retail prices of diesel and petrol are the lowest in Delhi, among Indias key metropolitan cities. (Representational Images)

Petrol prices rule high as govt stubborn on fiscal target

Centre collected a staggering Rs 2,29,019 crore as excise revenue from the petroleum sector in FY18.

18 Sept 2018 10:53 AM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

Vijaya, Dena, Bank of Baroda in 3-way bank merger

Merged entity will be 3rd largest bank after SBI and PNB in terms of size, deposits and will continue to receive capital...

18 Sept 2018 10:29 AM IST

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

Sensex, Nifty turn choppy on global rising trade war concerns

The NSE Nifty, too, turned negative and was trading 10.60 points, or 0.09 per cent, lower at 11,367.15.

18 Sept 2018 10:19 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI to sell 8 NPAs to recover dues worth over Rs 3,900 crore

SBI's gross NPAs rose to 10.69 per cent of the total advances at the end of June this year, as against 9.97 per cent a...

18 Sept 2018 10:14 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee recovers 10 paise against USD in early trade

Rupee is trading at 72.41 against the US dollar amid volatility on fresh selling of the US currency by exporters.

18 Sept 2018 10:08 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Goldman goes bearish on Indian stock market

The Bank has been strategically overweight since 2014.

18 Sept 2018 12:12 AM IST