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Business / Business Today

SBI drops IPO plan for general insurance arm; shares decline over 2%

State Bank of India share price (SBI) dropped over 2% intraday on Monday after largest state-run lender reportedly scrapped its plan to list its general insurance arm on domestic bourses saying that there is no need for additional capital now.

16 Sep 2019 5:34 pm
Gold prices surge Rs 460 to Rs 38,860 on weak rupee, spike in crude prices

In the bullion market here, gold prices for 24 Karat rose to Rs 38,860 per 10 gram from Saturday's closing price of Rs 38,400 per 10 gram, according to the data.

16 Sep 2019 3:54 pm
SpiceJet, InterGlobe Aviation shares fall up to 6.27% on rise in global crude oil prices

While SpiceJet share price fell up to 6.27% to Rs 123.35, InterGlobe Aviation share lost 3.74% to Rs 1654.1 on BSE.

16 Sep 2019 2:55 pm
SML Isuzu slips 2% as company shuts down chassis division for 6 days over weak demand

The share price of SML Isuzu Ltd fell over 2% intraday after the company said in its latest filing that it has decided to observe Block Closure of Chassis Division for six days due to continued low demand in the automobile sector.

16 Sep 2019 2:30 pm
Prabhat Dairy declines over 10% after board approves voluntary delisting of shares

Shares of Prabhat Dairy plunged 10.47% intraday to Rs 71 after the company board approved voluntary delisting of the company's shares.

16 Sep 2019 2:20 pm
Equitas Holdings share price declines over 17% after draft scheme fails to meet SEBI guidelines

Equitas Holding announced that market regulator SEBI returned the company's draft scheme with regard to Equitas Small Finance Bank (ESFB) and advised the company to re-submit the same after ensuring compliance with the provisions mentioned in the SEBI circular.

16 Sep 2019 12:50 pm
BPCL, Indian Oil, HPCL share prices fall 4-5% as global oil prices zoom on Saudi refinery attack

Share prices of oil marketing companies (OMCs) were trading lower on Monday's as international oil prices rose as much as 19% in early Asian trade, following an attack on Saudi Arabian refining facilities that disrupted global oil supply and soared tensions in the Middle East.

16 Sep 2019 12:14 pm
Rupee vs dollar: Indian currency opens 70 paise lower on sharp rise in global oil prices

Rupee slipped 70 paise to 71.62 per dollar compared to Friday's close of 70.92 today. On Friday, the Indian currency closed higher for the seventh straight session rising 22 paise to close at 70.92 per US dollar.

16 Sep 2019 10:00 am
Six of 10 most valued companies add Rs 50,580 crore in m-cap; SBI, ICICI Bank top gainers

While RIL, HDFC Bank, HDFC and Kotak Mahindra Bank were the other winners, Tata Consultancy Services Ltd (TCS), HUL, Infosys and ITC suffered losses in their market capitalisation (m-cap) for the week ended September 13

15 Sep 2019 1:58 pm
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14 Sep 2019 4:53 am
PI Industries share price hits all-time high on acquisition of 100% stake in Italian firm

PI Industries share price opened with a gain of 2.81% at Rs 1,245 today.

13 Sep 2019 2:42 pm
Titan Company stock rises over 3% amid plan to raise Rs 900 crore through commercial paper

Titan Company share price rose up to 3.08% to Rs 1,119.91 compared to the previous close of Rs 1,085.65 on BSE.

13 Sep 2019 11:51 am