The ‘banker to every Indian’, State Bank of India, is now behind the carmaker for every second Indian, Maruti Suzuki, in market capitalisation.

At a market cap of Rs 2,73,106 crore, the Suzuki-promoted carmaker is now the sixth most valued company in the country.

The BSE benchmark Sensex rallied a little more than 300 points for a second day, buoyed by a sharp rally in global equities and expectation of a Bharatiya Janata Party (BJP) victory in the Gujarat election.

The election in Prime Minister Narendra Modi’s home state is seen as a key test for his party, ahead of the general election in 2019. Market players see a BJP win as positive, for continuation in policymaking and reform.

Axis Bank's shareholders have approved mobilisation of Rs 11,626 crore through sale of shares and warrants to a group of investors, including Bain Capital and LIC, the private lender said on Friday.

The shareholders approved the fund-raising during an extraordinary general meeting (EGM) of the bank on Friday.

Nearly 300 Chinese companies attended a business seminar in the country's southwest which was organised by the Indian Embassy to attract more investment into India.

The India-China Business Seminar was held in Guizhou's capital Guiyang where Deputy Chief of Mission at the Indian Embassy, Amit Narang, encouraged the companies to visit and invest in India.

Mumbai: The largest private sector lender ICICI Bank has sold a benchmark bond issue at a coupon of 3.833% to overseas investors.

The $500-million ten-year dollar money was issued through the Dubai branch of ICICI Bank, an official at Citigroup India, which was the sole advisor to the deal, told PTI today.

BENGALURU: Acme Cleantech Solutions, a solar power developer, has petitioned the Madras High Court against a move by customs officials at Chennai port to charge import duty on panels and modules, which were previously exempt from the levy.

In its petition filed on November 24, Acme said it had been importing solar panels and modules for the past seven years without ever having been asked to pay duty.

2017 has been a wonderful year so far for Maruti Suzuki India, as it has witness an uptick trend in sales despite the rollout of the Goods and Services Tax (GST) and the government's demonetization drive.

Maruti Suzuki India has gained a lot from the economic reforms in the country which led it to register 71 per cent growth in 2017.

Maruti Suzuki India hit a new high of Rs 9,120 on the BSE in intra-day delas on Friday, surpassing the state-owned banking giant State Bank of India (SBI) in market capitalisation (market-cap) ranking.

On Thursday, Maruti Suzuki India had surpassed the India's largest mortgage lender and non-banking finance company Housing Development Finance Corporation (HDFC).

As businesses widely use WhatsApp to communicate with their customers, particularly in Asia, the Facebook-owned service appears all set to launch a brand new app for them.

In a new FAQ published on its site, WhatsApp has revealed more details about the upcoming Business accounts like how to identify verified Business accounts from non-verified ones.

The National Highways Authority of India (NHAI) may offer higher interest rate to physically challenged in its next bond issue, according to the Times of India.

Senior citizens, ex-servicemen, women and widowers could also be among the class of retail investors who will get the benefit.

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