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Clash of the titans: Ambani pips Adani to reclaim Asia's richest title

As of June 3, Reliance Industries' (RIL's) chairman's net worth was $99.7 billion, while the wealth of Adani Group's founder stood at $98.7 billion

Aether Industries surges 21% on listing day to end at Rs 777 on BSE

This was the second highest gain on debut this year for IPOs of over Rs 150 cr, after Campus Activewear

Sebi imposes 5-year market ban on two individuals in front-running case

In another development, Sebi also revoked an order passed against Abhay Bhutada, MD and CEO of Poonawalla Finance

Sensex posts third straight weekly gain despite 660-point drop on Friday

Gains in RIL propelled market during the week

NSE warns trading members against trades from 'unrealistic prices'

This comes a day after a 'fat-finger' trade was executed in derivatives segment

Sebi revokes order against Poonawalla Finance MD & CEO Abhay Bhutada

Proceedings against other entities to continue

SBI elevates 7 CGM-ranking officials to deputy managing director rank

The selection panel of the board used face-to-face interaction as well as hybrid mode to carry out performance review and promotion exercise

YES Bank board approves buyback of overseas bonds up to $200 mn

The lender will do the repurchase at 97% of the principal amount of the notes.

Freak trade in Nifty options? Contracts with strike price 14,500 allowed

Market players said this could be due to punching error where the trader sold 14,500 call options instead of 16,500 call options

Centre will next arrest Manish Sisodia in false case: Delhi CM Kejriwal

Health Minister Satyendar Jain's arrest is part of conspiracy to harass AAP government, he says

Bank of Baroda revises proposed dividend upwards to Rs 2.85 per share

Small impact on net-worth and capital adequacy. The dividend payment is subject to shareholders' approval at the annual general meeting

eMudhra ends flat on debut after 9% spike over IPO price in intraday trade

The firm's Rs 413-crore IPO had garnered 2.7x subscription. Through the offer, eMudhra raised Rs 200 cr fresh capital, remaining was secondary sale

Time ripe for further transformation to make bank future-ready: SBI chief

State Bank of India will focus on digital agenda, and partner with fintech firms and NBFCs to drive growth, says Dinesh Khara

HDFC raises interest rate by 5 bps; ICICI Bank raises MCLR by 30 bps

As of December 2021, a little over 39% of banking system loans are linked to the external benchmark, shows RBI data

Moody's upgrades BPCL outlook to 'stable' as govt calls off stake sale

The rating agency affirmed BPCL's Baa3 issuer rating reflecting its position as the second-largest state-owned refining and marketing company in India

Housing price index records slower annual growth in Q4, says RBI

The y-o-y movements in HPI varied widely across the cities - ranging from a growth of 19.2 per cent (Kolkata) to a contraction of 11.3 per cent (Bengaluru), Reserve Bank of India said in a statement

Credit offtake remains robust in April across sectors, shows RBI data

Loans to medium-sized industries gerew 53.5% this April as compared with 44.8% a year ago

Cargo handling by Essar Vizag port up by 10% YoY to 1.3 mn tonnes in Apr

Surge in traffic marks the uptick in Indian steel sector, a major contributor to India's manufacturing output

Irdai fines Deinon Risk Rs 10 lakh for acting as insurance intermediary

The firm did not have a valid registration with the insurance regulator

Retired SBI senior executive Natarajan Sundar joins NARCL as MD CEO

Karnam Sekar, Malvika Sinha named independent directors; NARCL Board now has 5 nominees from shareholder banks, one more independent director likely to join soon