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Sensex: 80 trading days from 70,000 to 75,000, third fastest 5K addition

The fastest addition of 5,000 points came from August 13, 2021, to September 24, 2021, when Sensex moved from 55,437 to 60,048 in 28 days

Zee-Sony deal: ZEE withdraws merger implementation application from NCLT

The Zee statement said the Board took the step based on legal advice after a detailed consultation with legal experts

India's outward FDI rises to $3.91 billion in March, shows RBI data

Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans, and guarantees

Cipla Health signs agreement, strengthens beauty play with Ivia's brands

Cipla Health strengthens beauty play in Tier II-VI towns with Ivia Beaute's cosmetics, personal care distribution and marketing biz

Citi confirms Vashistha to continue as head of India equity capital markets

On a year-to-date basis, Citi has overseen ECM deals worth $4 billion, with a 14 per cent market share - ranking number one on the India ECM league table

Quantum MF asks ICICI Bank to stall ICICI Sec delisting over irregularities

Last month, the delisting bid was approved by shareholders of both ICICI Bank and ICICI Securities

RBI rejects Tamilnad Mercantile Bank's proposal for CEO candidate

Bank has been asked to submit "fresh panel of candidates with suitable experience" for the position of chief executive

Bharti Hexacom sparkles on market debut; stock gain 43% at Rs 814

Bharti Hexacom, a subsidiary of Bharti Airtel, provides fixed-line telephone and broadband services primarily in two circles-Rajasthan and North East

RBI rejects two more applications for setting up small finance banks

So far, the regulator has received 13 applications to set up banks under the guidelines for 'on tap' licensing of Universal Banks and Small Finance Banks

Nifty futures decline as investors reduce their bets on rate cuts

Meanwhile, Brent crude declined and was trading at $91.4 as traders monitored potential attacks on Israel by Iran or its proxies, which could significantly escalate hostilities in the Middle East

Mundra Petrochemicals places chlor-alkali project order with Nuberg

Nuberg company executives said the project was awarded in March this year and will be completed over the course of the next 15 months

Bank of Baroda hikes lending rates by 5 basis points across three tenures

The one-year MCLR has risen to 8.85%, while the six-month and three-month MCLR rates have been increased to 8.65% and 8.45%, respectively

India equity capital market issuances hit record at $ 14.8 billion

ECM proceeds jumped fivefold from the first quarter of the previous year when 70 deals worth $2.8 billion were launched

NSE issues caution against fake videos of CEO Chauhan recommending stocks

The exchange reiterated that its employees are not authorised to recommend any stock or deal in those stocks

Swiggy deliveres 6 million plates of Biryani this Ramzan, up by 15%

Cities such as Mumbai, Hyderabad, Kolkata, Lucknow, Bhopal, and Meerut saw a drastic increase in orders placed for Iftar sweet dishes, including Malpua, Dates, and Phirni during Ramzan

Ola Cabs shuts down international ventures, shifts focus to Indian market

The future of mobility is electric - not just in personal mobility but also for the ride-hailing business, and there is immense opportunity for expansion in India, said the statement

Private equity company Bain Capital sells residual stake in Axis Bank

Among the buyers were a clutch of domestic as well as foreign funds

Private equity firm Bain Capital to sell remaining Axis Bank holding

The price range for the share sale has been set at Rs 1,071 - Rs 1,076 per share, a discount of up to 0.47 per cent to Axis Bank's last close of Rs 1,076 per share

Centre appoints Manoj Panda as member of 16th Finance Commission

Panda's research areas span monitoring and analysis of macro-economic trends and prospects, evaluation of alternative trade and fiscal policy options from the point of view of growth and distribution

Tata Mutual Fund launches six sectoral and thematic index funds

Schemes are based on infra, manufacturing, health care, realty sectors and themes, among others