Kotak Mahindra Bank allots 85,642 equity shares of Rs 5 each under ESOPs

Mumbai, June 20 (IANS) Essar Steel Thursday said it has raised $1 billion overseas loan through External Commercial Borrowings (ECB) with a view to de-risk its balance sheet from currency fluctuations. ... …

Indian gold futures extended declines on Thursday afternoon by more than 4 percent to hit their lowest level in more than two weeks but in the domestic market a seasonally slack demand period outweighed ... …

Mumbai, June 20 (IANS) A benchmark index of Indian equities markets plunged over 500 points in late afternoon trade Thursday as the Indian rupee slumped to another record low coupled with negative global ... …

India, the world's biggest buyer of gold, will levy 0.01 percent commodities transaction tax on futures contracts of non-agricultural commodities like precious, base metals, oil and gas, from July 1, the ... …

The Reserve Bank of India is likely to soon start placing surplus government funds with banks through overnight auctions at market-determined rates, two sources with direct knowledge of the matter said, ... …

The U.S. Federal Reserve's explicit signal it will stop pumping money into the world economy and data showing China's economy slowing down swept across financial markets on Thursday, sinking bonds, shares ... …