Stocks Crash

  • Banks' stocks slump on bourses February 25, 2013

    Mumbai: Shares of existing banks lost value on the bourses on Monday amid the RBI issuing guidelines for new bank licences. More than a dozen corporates, including big names such as Aditya Birla Group, M&M, L&T, as well as state-owned PFC, LIC and India Post, are likely to apply to...
  • Anil Ambani Group firms shed nearly 10 pc September 30, 2011

    New Delhi: Shares of Anil Ambani-led Reliance Group companies fell by nearly 10 per cent on the bourses on Friday, even as the group asserted that it was not a beneficiary of any telecom licence issued in January, 2008. The group's telecom arm, RCom, saw its...