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Fund mop-up via QIP plunges 78% to Rs 2,818 crore in first six months of the current fiscal Fund mop-up via QIP plunges 78% to Rs 2,818 crore in first six months of the current fiscal

Fund raising by listed companies from institutional investors plunged by 78 percent to Rs 2,818 crore in the first six months of the current fiscal.

16 of 22 PSU banks skip dividend in FY16 on mounting NPAs 16 of 22 PSU banks skip dividend in FY16 on mounting NPAs

Saddled with mounting bad loans, as many as 16 public sector banks, including PNB, BoB and Canara Bank, skipped paying dividend in 2015-16, leading to three-fold decline in government receipts to Rs 1,444.6 crore.

RBI proposes 'Islamic window' in conventional banks for gradually introducing Sharia banking RBI proposes 'Islamic window' in conventional banks for gradually introducing Sharia banking

The Reserve Bank of India (RBI) has proposed opening of "Islamic window" in conventional banks for "gradual" introduction of Sharia-compliant or interest-free banking in the country.

India Cements records Rs 62 crore in net profit

Cement major India Cements Ltd on Saturday said it closed the second quarter of fiscal 2016-17 with a profit of Rs 62.41 crore.  

SBI proposes to raise Rs 5,681 crore from preferential issue to government SBI proposes to raise Rs 5,681 crore from preferential issue to government

State Bank of India on Saturday said it proposes to raise Rs 5,681 crore by issuance of preferential shares to the central government, its majority shareholder.

Massive outflow of foreign funds as foreign investors take flight Massive outflow of foreign funds as foreign investors take flight

Massive outflow of foreign funds, along with rupee depreciation and political bickering over the government`s recent demonetisation move, plunged the key Indian equity markets by around 2.50 percent during the just-concluded week.  

Post-demonetisation, ICICI Bank got Rs 32,000 crore deposits: Chanda Kochhar

Top private sector lender ICICI Bank Friday said it has received deposits of Rs 32,000 crore after the November 8 demonetisation move.

SC against disclosure of big defaulters' names, says won't lead anywhere SC against disclosure of big defaulters' names, says won't lead anywhere

The Supreme Court today said that disclosure of names of debtors, who owe Rs 500 crore and more to banks, will not lead "anywhere" as the important issue is to address "root cause" of accumulation of non-performing assets (NPAs).

Rupee crashes below 68 level against dollar; ends at 9-month low Rupee crashes below 68 level against dollar; ends at 9-month low

The rupee Friday crashed below the psychological 68-mark to end at near nine-month low as sentiment turned bearish on combination of growing US rate hike expectations and stunning dollar run.

Sensex falls to a fresh six-month low; rupee drops below 68-level against US dollar Sensex falls to a fresh six-month low; rupee drops below 68-level against US dollar

Sensex stumbled for the fifth day as it touched a fresh six-month low due to continuous foreign outflows after Fed chair Janet Yellen signalled a rate hike in December policy review.

Sensex extends losses for fifth session; Rupee cracks 68-level Sensex extends losses for fifth session; Rupee cracks 68-level

Extending losses for the fifth session, the Sensex fell over 49 points in early trade while the rupee took a sharp plunge of 32 paise to crash below the 68-mark against the US dollar.

Sensex, Nifty end at six-month lows on persistent selling Sensex, Nifty end at six-month lows on persistent selling

Dropping for the fourth straight session, the Sensex Thursday slumped to its six-month low amid heightened risk aversion, sparked by foreign capital outflows and lingering worries over the government's demonetisation decision.

Mutual fund equity folio count rises 20 lakh in first 7 months of this fiscal Mutual fund equity folio count rises 20 lakh in first 7 months of this fiscal

Equity mutual funds witnessed an addition of nearly 20 lakh investor accounts or folios in the first seven months of the ongoing fiscal, primarily on account of strong retail participation.

Sensex jumps 134 points after three-session fall Sensex jumps 134 points after three-session fall

The gauge had lost 1,218.99 points in the previous three sessions.

SBI Rs 7,000 crore loan 'write off' not a loan waiver: Arun Jaitley SBI Rs 7,000 crore loan 'write off' not a loan waiver: Arun Jaitley

As a controversy arose over SBI reportedly writing off loans worth Rs 7,000 crore including that of Vijaya Mallya promoted Kingfisher Airlines, government and the bank today maintained that there was no loan waiver and the liability on the borrowers still remains.

Sensex succumbs to late sell-off, ends flat on global cues Sensex succumbs to late sell-off, ends flat on global cues

Market benchmark Sensex ended a shade lower today after giving up early gains of about 317 points on widespread fag-end selling amid sustained capital outflows by foreign funds and a weak trend in European shares.

Demonetisation: Bank deposit to see sharp decline once withdrawal norms ease Demonetisation: Bank deposit to see sharp decline once withdrawal norms ease

With about Rs 4 lakh crore coming into the banking system within a week after demonetisation, Moody's Investors Service on Wednesday cautioned that banks' deposit base will witness a "sharp decline" as and when the current restriction on cash withdrawals eases.

'RBI may cut rate by 0.25% as inflation target within reach' 'RBI may cut rate by 0.25% as inflation target within reach'

The Monetary Policy Committee headed by RBI Governor Urjit Patel last month cut benchmark interest rates by 0.25 percent to 6.25 percent.

Sensex surges 317 points; Nifty reclaims 8,200-mark Sensex surges 317 points; Nifty reclaims 8,200-mark

The benchmark Sensex rebounded almost 317 points to 26,621.40 and the broader Nifty reclaimed the 8,200-mark in early trade today on account of positive macro-economic data.

Tata Motors shares skid 10%; mcap drops by Rs 15,057 crore

Shares of Tata Motors Tuesday plummeted nearly 10 percent, eroding Rs 15,057.51 crore from its market valuation, after the company's standalone net loss widened to Rs 631 crore in the September quarter.