State-owned Indian Oil Corp (IOC) said its board has approved buyback of 3.06 per cent of equity shares for Rs 4,435 crore.
Capital markets regulator Sebi relaxed its norms for clubbing of investment limits by well regulated foreign investors.
Benchmark indices rose for the third straight session Thursday led by a surge in financial stocks as optimism over new RBI Governor Shaktikanta Das' promise to take all stakeholders along on key issues enthused bulls on Dalal Street.
European shares rose for a third day running on Thursday as hopes over a compromise over Italy’s contested budget and easing concerns over trade offset persistent uncertainty over Britain’s exit from the European Union.
The key Indian equity indices traded higher on Thursday with the Sensex gaining over 300 points and Nifty50 trading over the 10,800 points mark.
Asirvad Microfinance Ltd, a subsidiary of Manappuram Finance, Thursday announced that it has reached a milestone of managing Rs 3,000 crore micro finance assets.
Shares of Sun Pharmaceutical fell over 3 per cent, a day after markets regulator Sebi said it is examining the whistleblower complaint against the company.
UK stock futures were flat to slightly lower after Prime Minister Theresa May saw off a leadership challenge, with investors viewing the result as changing little in the country’s prolonged divorce from the European Union.
Indian shares climbed to a more than one-week high after inflation eased sharply in November, and the new central bank governor’s move to open up a dialogue with lenders pushed up banking counters.