The Bombay Stock Exchange (BSE) expects around 40 per cent of its existing member base of 1,400 to set up offices at the Gujarat International Finance Tec-city (Gift City) in Gandhinagar.

The exchange has already started marketing the concept to its members and the first road show in India was organised in Ahmedabad.

YES Bank, Axis Bank, Asian Paints, LIC Housing Finance and Dewan Housing Finance Corporation are among 30 stocks from the BSE500 and Nifty500 indices, which hit their 52-week highs on Friday.

YES Bank ended 3% higher at Rs 1,291 on the BSE on reports that the stock's weightage on the MSCI Global Standard Indexes was raised to 1.7% from 0.46% earlier. The increase could translate into additional buying of $224 million.

Investment made by bank employees through bank's own portfolio management scheme (PMS) would be considered as violation of Securities and Exchange Board of India (Sebi) insider trading norms, the regulator said in an informal guidance note to HDFC bank

Sebi on Friday responded on the clarification sought by HDFC Bank on whether deals under discretionary portfolio management schemes (PMS) by the portfolio manager by the employee of bank is in compliance with the provisions of Prohibition of Insider Trading (Regulation), 2015.

Apollo Hospitals Enterprise Ltd (AHEL) has said that the company has not cancelled its plans for rights issue to raise around Rs 750 crore, which it announced in May 2015, and is pending for government approval. The company, which is experiencing pressure on profit after tax due to higher investment, would see the profitability margins improving in two to three years, said senior management of the company.

Maruti Suzuki India launched its hatchback Baleno last year and since then the car has performed very well among the masses. In the month of July, 2016, the company recorded a growth of 30.9% in its sales for the Baleno. Within the first few months of its launch, the company has recorded 21,000 bookings of the Maruti Suzuki Baleno, while in 9 months, the sales reached 75,000 units sales mark in the country.

Supreme Court in its latest ruling has lifted the ban on diesel vehicles with engines larger than 2,000 cc in the Delhi NCR region. The concession has been made against the clause of paying a 1% cess, which will be paid to the Delhi Pollution Control Board. The government authority will then utilise this money to find ways to lower pollution in Delhi. The payment will have to be made by the carmaker before the vehicle can be registered and hence the payment will be made on the ex-showroom prices.

Bajaj Electricals today reported a 11.94 per cent increase in net profit to Rs 22.87 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 20.43 crore in the same period last fiscal, Bajaj Electricals said in a BSE filing.

State Bank of India (SBI), the nation's top lender by assets, reported a 32% drop in first-quarter on Friday which was in line with estimates. The bank's bad loans rose slightly.

SBI shares rose more than 8.5% at 1320 hours after the results on the lower-than-expected rise in bad loans.

Patanjali Ayurved Ltd, founded by yoga guru Baba Ramdev, has successfully bid for setting up a modern food park at Mihan here.

Maharashtra Airport Development Company (MADC) earlier floated two global tenders (in May and July 2016), but failed to get any bidder.

Senior Bharatiya Janata Party (BJP) leader Brijpal Teotia and five others were seriously injured when they were attacked by armed assailants here on Thursday.

According to NDTV, the assailants fired at least 100 rounds using AK-47 assault rifles during the attack on Teotia.

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