RBNL continues to rally, up 5%

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• Reliance Broadcast Network Ltd (RBNL) today climbed nearly 5 per cent to touch the upper circuit on the Bombay Stock Exchange, after the company announced raising over Rs 400 crore to fund its growth. [..]

BSE in control of CDSL, buys 16% more

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• The Bombay Stock Exchange (BSE) has acquired the controlling stake in Central Depository Services Ltd (CDSL) by purchasing 16 per cent more from three banks, people with direct knowledge of the deal said. [..]

Norwest Venture buys 2.11% in NSE

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• The US-based Norwest Venture Partners (NVP) has bought 2.11 per cent stake in National Stock Exchange of India (NSE) from IL&FS Securities Services for Rs 250 crore, valuing the exchange at Rs 11,848 crore. [..]

Sensex opens strong, rises over 600 points

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• Continuing its rising streak for the third straight session on Friday, the benchmark Sensex moved up by over 665 points in early trade on massive buying by funds and retail investors largely on the back of overnight gains in the US markets. [..]