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14 December, 2018 11:37 AM Understanding the Kotak-RBI battle – Letter, spirit, rules and a court petition

We examine the complications and implications – essentially the answer to the question: What is this Kotak’s Natak? Kotak Bank which was built by Uday Kotak was asked by RBI to pare down its promoter stake way back in 2012. THis is normal, as part of RBI norms, to “broadbase� the shareholding and to restrict individuals from holding large stakes 64

13 December, 2018 2:05 AM Stocks in the news: Jubilant Foodworks, Pricol, Bank of Baroda, Ashoka Buildcon, Strides Pharma, Lupin

Jubilant Foodworks | Pricol | Bank of Baroda | Ashoka Buildcon and Music Broadcast are stocks which are in the news today. Jubilant Foodworks: Company has been allotted 51 lakh ordinary equity shares at a par value of BDT 10 (Bangladesh Taka Ten) each, in Jubilant Golden Harvest Limited (JV company). Subsequent to the allotment, company has become 51 percent 41

11 December, 2018 5:46 AM Rate-sensitive stocks trade lower on Urjit Patel's resignation; HDFC Bank, Oberoi Realty fall 2-3%

Interest rate-sensitive stocks are trading in the red with Nifty Bank, Nifty Auto and Nifty Realty down up to 1 percent each after the sudden announcement of resignation of Reserve Bank of India Governor Urjit Patel. Bank Nifty was down over 1 percent with losses from HDFC Bank and ICICI Bank which shed 2 percent each while IndusInd Bank and Kotak Mahindra 52

9 December, 2018 11:07 AM Non-Maintenance Of Minimum Balance: Penalty Charges Levied By Top Banks

Most of the leading banks have fixed their AMB according to the location of a customer's account in urban, metro, semi-urban and rural areas. Banks have mandated regular saving bank account users to maintain a certain average monthly balance (AMB) in their accounts, failing which they have to bear certain penalty charges. Average Monthly Balance (AMB) 57

6 December, 2018 8:57 AM Google Pixel 3 Referral Program Launched With Rs. 7,000 Instant Discount and Other Benefits

In order to boost sales, Google has launched a new Pixel 3 referral offer for Pixel and Nexus users this holiday season. As part of this new program, Google is offering Rs. 7,000 instant discount to the referee, and a Rs. 2,000 e-gift voucher to the referrer. This offer has been launched on Flipkart, and will be live till December 20. The referral codes 49

5 December, 2018 7:11 AM D-Street Buzz: Nifty Metal down 2% with JSPL at new 52-week low; Tech Mahindra gains 2%, midcaps drag

78 stocks have hit new 52-week low including names like ABG Shipyard, JSPL, Dish TV, Deepak Fertilizers, IL&FS Transportation, Punj Lloyd, Sun Pharma Advanced and UFO Moviez among others. Ahead of the RBI policy outcome, the Indian stock market continues to trade in the red with the Nifty50 is down 64 points, trading at 10,805 while the Sensex 56

3 December, 2018 4:28 AM Buy HDFC Bank with target Rs 2,420: Anand Rathi

HDFC Bank is an Indian banking and financial services company headquartered in Mumbai, Maharashtra and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets. HDFC Bank provides a number of products and services including wholesale banking, retail banking, treasury, auto loans, two wheeler loans 53

1 December, 2018 1:16 PM Bankers threaten nationwide strike on December 26 to protest merger of banks

The government had in September approved the merger of three public sector lenders - Bank of Baroda, Dena Bank and Vijaya Bank.  NEW DELHI: Bank unions have called for a nationwide strike on December 26 against the proposed merger of Bank of Baroda, Dena Bank and Vijaya Bank. The strike is being organised by the United Forum of Bank Unions (UFBU), an umbrella 256

28 November, 2018 3:55 PM State Bank of India Revises Fixed Deposit Interest Rates; What Others Lenders Pay

State Bank of India (SBI), the largest lender of the country, revised its fixed deposit (FD) interest rates with effect from today, the bank said on its website - sbi.co.in. A fixed deposit (FDs) is a secure financial instrument offered by banks, which fetch guaranteed returns. In a fixed deposit account, money can be invested for a higher rate of interest 77

28 November, 2018 7:14 AM 'Market has priced in a BJP loss in Rajasthan, win in Chhattisgarh'

The weakness seen in Q2 of financial year 2019 will continue even in Q3, predicts Gautam Trivedi, co-founder and managing partner of Nepean Capital. "Earnings remain a big concern, Q2 earnings were weak and earnings in Q3 may also continue to be weak because it will bear the full brunt of higher crude prices and the currency," he said, adding "the market 114