HDFC Bank seeks to list NBFC arm, raise $1 bn

India’s largest private sector lender, HDFC Bank, is looking at an initial public offering (IPO) of its non-bank lending unit, HDB Financial Services, that could see the company raise more... Read more »

TCS surpasses RIL to become most valued firm by market-cap

Tata Consultancy Services on Monday crossed the Reliance Industries to become the most valued firm by market valuation. Nearing trade, the market capitalisation (m-cap) of TCS was at Rs... Read more »

Sensex retreats from fresh record high to trade in red

After touching a fresh all-time high of 36,747.87 points, the benchmark BSE Sensex retreated and traded on a negative note during the afternoon session on Wednesday. Minutes into trade,... Read more »

3 lakh village level entrepreneurs to engage as banking correspondents

CSC SPV, a special purpose vehicle under the Ministry of Electronics & IT, has entered into agreement with HDFC Bank to enable its three lakh village level entrepreneurs (VLEs)... Read more »

Global cues, weak rupee subdue equity indices; Sensex ends 179 points lower

Subdued global markets and a weak Indian rupee pulled the domestic equity indices lower on Thursday, with the BSE Sensex closing 179 points lower. Globally, investor sentiments were weighed down... Read more »

Global cues, weak rupee subdue equities

Negative global cues, including rising crude oil prices and the escalating trade war concerns along with a weak Indian rupee, pulled the domestic equity indices deep into the red... Read more »