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News Corner
•Market Update: The Sensex ended 629 points higher at 38,697 while the Nifty rose 169 points to settle at 11,417 Nifty Bank advances 794 points to 22,246
•Trump’s coronavirus is another jolt of uncertainty for investors
•Reliance :GIC, TPG to invest Rs 7,350 crore in Reliance Retail GIC will invest Rs 5,512.5 crore for a 1.22 per cent equity stake on a fully diluted basis, TPG will invest Rs 1,837.50 crore for a 0.41 per cent stake at a similar valuation.
Likhitha Infrastructure IPO Extended; Price Band Cut. Likhitha Infrastructure's initial public offer has been extended till Oct. 7 and the price band has also been revised lower to Rs 116-120 per share, according to an update on the NSE.
•RailTel : Railtel corporation of India files DRHP for Rs.700 crore IPO
•Franklin shuttered schemes have cash of Rs 8,262 crore
•Kotak Bank registers Rs 170 crore fraud case against Cox & Kings
•Route Mobile acquires intellectual property, associated contracts from TeleDNA
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