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Rupee strengthens to 72.38 to a dollar

The rupee strengthened against the US dollar on Wednesday after a news report said the Reserve Bank of India was studying off-market swap deals for oil retailers.

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NBFCs crash: Here's why DHFL tanked over 60% in trade today

Shares of non-bank finance companies (NBFCs) took a massive beating on Friday, with DHFL amd Indiabulls Housing Finance tumbling around 60 per cent and 30 per cent respectively in intraday trade.

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YES Bank tumbles over 20% on RBI's denial to Rana Kapoor's tenure extension

Shares of YES Bank collapsed 34 per cent in the early trade on Friday after the RBI curtailed the term of lender's founding CEO Rana Kapoor and asked the bank to look for his replacement by January 2019.

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HDFC twins drag Sensex; AMC stocks fall on Sebi's TER order

Markets ended lower with the S&P BSE Sensex slipping 169 points, or 0.5 per cent, dragged lower by HDFC Bank and HDFC that lost nearly 1.4 per cent each. Read more...

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