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largest private lender ICICI Bank approves 1:5 shares split

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ICICI Bank approved sub-division of one equity share into five with the aim to increase liquidity of scrip."The board of directors of ICICI Bank has considered and approved the sub-division (split) of one equity share of the bank having a face value of Rs 10 into five equity shares of face value of Rs 2 each," the bank said in a statement...

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Nifty slid 63.50 points, Sensex fell 244.48 points
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Sensex fell 244.48 points to end at below 27,000 mark and Nifty slid 63.50 points to below 8,100 level on US rate hike fears and tepid China data, despite domestic inflation in August easing to nearly five-year low.The rupee depreciated against US dollar to 61.14 levels, further dampening market sentiments, said equity brokers...
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India and Vietnam must encourage joint ventures for mutual benefit-Pranab

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President of India MrPranab Mukherjee who is on his state visit in Vietnam, addressed the Vietnamese and Indian community after inaugurating the Centre of Indian Studies at the Ho Chi Minh National Academy of Politics and Public administration in Hanoi .He opined that the initiative will promote growth, employment and efficiencies in both the countries...

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