7 of top-10 firms add Rs 76,998 cr in market capitalisation

The combined market capitalisation of seven of the 10 most valued Indian firms advanced by Rs 76,998.4 crore last week, with TCS leading the chart. Reliance Industries Limited (RIL), HUL, HDFC, ITC, ICICI Bank and SBI were the other firms which witnessed a jump in their market valuation Continue Reading

ICICI bank sells entire stake in GST Network

Private sector ICICI Bank said it has exited the GST Network, the company facilitating collection of the indirect tax, by selling its entire 10 per cent stake to as many as 13 state governments. The stake sale is for aggregate cash consideration of Rs 1 crore, ICICI Bank said in a regulatory filing. Continue Reading

Haier unveils cashback offers

Home appliances and consumer electronics brand, Haier has announced cashback offers and discounts on its range of products to add to the on-going festive season across India. A press release said, that the brand is offering affordable EMI schemes in collaboration with Bajaj Finserv, HDBFS, HDFC, IDFC First, Kotak and Axis Bank. Continue Reading

Eight firms spike over Rs 77,000 crores in market valuation last week

Eight of the 10 most valued domestic companies together added Rs 77,222.53 crore in market valuation last week, propelled by sharp gains in HDFC twins and ITC. Continue Reading