Indian Stock Market

US lawmakers rejected a 0 billion bailout plan for the financial industry in a shock vote that sent global markets sliding.

MD & CEO G V Nageswara Rao: IDBI Fortis Life Insurance has a capital base of Rs 200 crore… Our solvency margin is way above the regulatory requirement

Keki Mistry, vice chairman and managing director, HDFC: India largely insulated from financial crisis due to low mortgage penetration and strict RBI norms

Largest failure of US bank; bailout came after WaMu suffered deposit outflows of .7 billion since September 15

HSBC Holdings, Europe’s biggest bank, said on Friday it was cutting 1,100 jobs in its global banking and markets operation.

A new world order is emerging across the banking landscape as a handful of banks strive to emerge as winners from the wreckage.

Indiabulls Financial Services said a group firm would take 24.5 % stake in an insurance joint venture with Societe Generale.

Banking operations were affected as the strike call given by the employees union to press for wage related issues entered the second day today.

An unusual surge in Goldman Sachs’ share price in the last 10 minutes of trading on Tuesday raised eyebrows on Wall Street.

A government agency is selling a stake worth roughly .2 billion in private sector lender Axis Bank.