Sensex ends volatile session with minor gains; Indiabulls Housing down 8.5%

All that happened in the markets today

9:31 AM

Can Fin Homes rises 4% in early trade

9:30 AM

Tata Steel trades 4% higher

9:29 AM

Sectoral gainers and losers on NSE

9:29 AM

Top gainers and losers on S&P BSE Sensex

9:27 AM

Market at open

9:26 AM

Market at open

9:13 AM

Top gainers and losers on S&P BSE Sensex

9:13 AM

Market at pre-open

9:12 AM

Market at pre-open

8:54 AM

Airlines, private equity firms renew interest in grounded Jet Airways

Grounded Jet Airways, which has been dragged to the insolvency court, could now find a fresh line-up of suitors keen to strike a bargain. Airline companies and global private equity funds have begun exploring the feasibility of bidding for Jet through the Insolvency and Bankruptcy Code (IBC) route. READ MORE

8:47 AM

On-tap licences for small finance banks to see many applicants this year

The Reserve Bank of India’s (RBI’s) on-tap universal banking licence policy announced four years ago raised the hopes of many who entertained such thoughts; none were issued. It’s time to dream again: Mint Road is set to come out with “on-tap” licensing norms, albeit for small finance banks (SFBs) by end-August this year. READ MORE

8:43 AM

Stocks to watch: HDFC Bank, PNB, YES Bank, Mindtree, NDTV, HCL Tech

HDFC Bank: The Reserve Bank of India (RBI) has fined HDFC Bank Rs 1 crore for non-compliance with the central bank’s norms on ‘know your customer (KYC)/anti-money laundering (AML)’ and ‘reporting of frauds’.

 

PNB: India Ratings and Research (Ind-Ra) has downgraded Punjab National Bank's (PNB) additional tier I (AT1) perpetual bonds worth Rs 67.5 billion by one notch to A/negative outlook from A+/negative.
 

HCL Tech: has signed multi-year partnership with Cricket Australia for digital services. READ MORE

8:36 AM

NEWS ALERT | HCL Tech enters into multi-year partnership with Cricket Australia for Digital Services

8:34 AM

India Ratings downgrades Mumbai International Airport term loans

India Ratings (Ind-Ra) has cut rating for GVK group backed Mumbai International Airport Private Ltd’s (MIAL’s) term loans from "AA-" to "A+" on erosion in built-up liquidity caused by factors like delays in real estate monetisation.

 

The rating action also reflects higher than estimated capital expenditure and higher-than-projected equity injections in Navi Mumbai International Airport Private Limited (NMIAL). MIAL is promoter of upcoming New Mumbai international airport. READ MORE

8:28 AM

Mindtree founders may have to vacate board seats for L&T nominees

With L&T seeking induction of its nominees on Mindtree board, the founders of the IT services firm are likely to be in a spot as at least one of them might have to vacate the board seat. Sources in the know said given the mandatory one-third representation of independent directors, the IT firm would have to expand the size of the board to reflect fair representation of its new shareholder L&T or it would have to let go of some of its founding members to accommodate L&T nominees. READ MORE