Free Press Journal
  • DLF to raise Rs 3,500 cr via QIP to pare debt

    New Delhi ; India’s largest realty firm DLF Ltd plans to raise around Rs 3,500 crore via a sale of shares to institutional investors and the proceeds will be used to cut its net debt.

  • Biocon shares up 7 per cent

    New Delhi : Shares of biotechnology firm Biocon surged over seven per cent on Monday after the company said it has received an Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA) on closure of inspection of its aseptic drug product facility.

  • Rupee rebounds 17 paise against US dollar

    Mumbai: Reversing its three-day downward trend, the rupee recovered by 17 paise to 63.96 against the US dollar in early trade today on fresh selling of the American currency by exporters.

  • Jio to raise Rs 20,000 cr through rights issue

    Mumbai: Reliance Jio on Thursday announced that it will sell optionally convertible preference shares through rights issue to existing shareholders to raise Rs 20,000 crore.

  • BSE Sensex

    Nifty hits 9,900 mark, Sensex at new high post Infy results

    Mumbai: The benchmark Nifty today raced past the 9,900 milestone for the first time and the Sensex climbed yet another peak 32,110 as Infosys maintained its 2017-18 revenue growth guidance. IT, healthcare, consumer durables, oil and gas stocks were among the big gainers. Asian cues remained mixed though. The 50-issue Nifty crossed the 9,900 level for the first time by gaining 21.60 points, or 0.21 per cent, to trade at an all-time

  • BSE asks brokers to submit client funding details by July 8

    New Delhi: Leading stock exchange BSE today asked stock brokers, operating in the cash segment, to submit total amount funded to clients in June on the exchange’s electronic filing system, by July 8.

  • Dedicated sanctuaries needed to protect cows: Hansraj Ahir

    Mumbai: Amid the nationwide debate over demands to ban cow slaughter, Union Minister of State for Home Hansraj Ahir today underlined the need to protect the cow by setting up dedicated sanctuaries.

  • CDSL IPO opens today: 10 things to know

    Central Depository Services Ltd (CDSL) is one of two depository services providers in India. CDSL is offering its shares to the public for an initial public offer (IPO) today. First time a depository in India is to come out with an IPO. The IPO will be open for 3 days. The IPO will priced in a band of Rs 145-149. Investors can subscribe the IPO in lot of sizes of 100 shares.

  • RBI initiates PCA against IDBI Bank

    Mumbai: State-owned lender IDBI Bank on Tuesday evening said that Reserve Bank of India (RBI) has initiated a “prompt corrective action” (PCA) Ain view of its high non-performing assets (NPAs) and negative return on assets (RoAs).

  • Zee Learn scraps merger due to financial trouble at Treehouse Nursery group

    Mumbai : Controversy brew further regarding the future functioning of Treehouse Nursery group as the financial crisis deepened. In fact the merger deal between Zee Learn Limited (ZLL) and TreeHouse Education and Accessories Limited has been scrapped on Friday as per the announcements made by officials from ZLL.

  • Mumbai: Cylinder blast leads to major fire near BSE

    Mumbai: A major fire broke out in the five-storey J K Somani, commercial building near Bombay Stock Exchange (BSE) on Wednesday night. The fire was doused initially, but was eventually doused in the early hours on Thursday.

  • Sensex, Nifty opens on a negative note

    Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.

  • Sensex gripped by US rate hike fears, slips into red zone

    Mumbai: Market showed some signs of restraint as the Sensex ended up in the red today after RIL earnings failed to move investors and on heightened prospects of a US rate hike amid mixed Asian cues.