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UCO Bank offers 203 crore preferential shares to Indian Govt

UCO Bank on Saturday said, "It has allotted 203 crore preferential shares to the Government of India for Rs 2,600 crores." In a filing with...

Larsen & Toubro Infotech names Anil Rander as CFO

Technology consulting company Larsen & Toubro Infotech (LTI) has announced the appointment of Anil Rander as its new Chief Financial Officer (CFO). Anil Rander holds...

Interview: “Thanks to technology, equity cult is fast-changing, and so are we,” Says Jones George, Chief Digital Officer, Geojit Financial Services

In conversation with Jones George, Chief Digital Officer, Geojit Financial Services on how technology is nurturing the equity culture and the way the future...

Hero MotoCorp total sale increased by 1.49% in February

Two-wheeler maker Hero MotoCorp has reported an increase of 1.45 percent in its total sales for February at 5,05,467 units compared to 4,98,242 units...

Siemens acquires 99.22% stake in C&S Electric Ltd

Siemens Ltd on Monday announced the acquisition of a 99.22 percent stake of C&S Electric Ltd from its promoters. In a filing with the exchange,...

Sterlite Technologies bags order worth $100 mn from Middle East and Africa

Telecom equipment manufacturer Sterlite Technologies Ltd (STL) has received an order worth $100 million from Middle-East and Africa for setting up a network and...

Reliance Industries invest additional $26.75 mn in skyTran Inc to acquire a majority share

Reliance Industries Ltd wholly-owned subsidiary Reliance Strategic Business Ventures (RSBVL) has acquired additional equity shares in skyTran Inc. In a filing with the exchange, Reliance...

HDFC Bank, Kotak Mahindra Bank acquires 9.9 percent stake each in Ferbine

India-based leading private sector lenders HDFC Bank and Kotak Mahindra Bank have acquired 9.99 percent stake each in Ferbine Private Limited, a Pan-India Umbrella...

Bharti Airtel seeks shareholders nod to issue of 3.64 crore shares to Lion Meadow Investment

Telecom company Bharti Airtel on Friday said, "It will seek shareholders nod for the issuance of about 3.64 crore equity shares of the company...

Angel Broking tie-ups with Vested Finance to allow Indians to invest in U.S. stocks

India's leading stockbroker Angel Broking on Thursday, announced its partnership with Vested Finance to allow Indian Investors to invest in U.S. stocks and EFTS. In...

IIFL Finance raises Rs 100 crore through debentures

IIFL Finance Ltd has said, "It has raised Rs 100 crore through issuance of non-convertible debentures (NCDs) on private placement basis." IIFL Finance in a...

Tata Power raises Rs 900 crore through NCDs

Power Utility company Tata Power has raised Rs 900 crore through the issuance of non-convertible debentures (NCDs). In a filing with the exchange, Tata Power...

SBI Cards raises Rs 550 crore through bond issue

SBI Cards and payment services on February 22, said, "It has raised Rs 550 crore through issuance of bonds on a private placement basis." In...

REC Ltd Secures $500 million via Global Medium Term Note Program

Leading infrastructure finance company REC Ltd on Tuesday said, "It has raised $500 million through the issuance of notes under its $7 billion Global...

Vedanta CFO G R Arun Kumar steps down

Vedanta on February 20, 2021, announced that "G R Arun Kumar has resigned from the post of Chief Financial Officer." In a filing with the...

L&T Power Transmission and distribution business bags ‘Large’ contracts

Engineering and construction company L&T on February 22 said, "Its power transmission and distribution business has bagged large domestic and international contracts. In a filing...

Thomas Cook India to raise up to Rs 450 crore through OCCRPS

The travel service company, Thomas Cook India has announced its plan to raise up to Rs 450 crore through issuance of Optionally Convertible Cumulative...

Karnataka Bank reports Rs 34.16 crore fraud against IL&FS Transportation to RBI

Karnataka Bank on Friday said, "It has informed the RBI regarding a fraud of Rs 34.16 crore in credit facility extended to IL&FS Transportation...

L&T secures orders to develop two units of Kudankulam Nuclear Power project

The leading infrastructure company Larsen and Toubro (L&T) on February 18 said, "L&T Construction has secured an order from Nuclear Power Corporation of India...

Arvind Fashion to attract Rs 200 crore via rights issue

Textile Company Arvind Fashion on Thursday said, "Its committee of directors has approved raising around Rs 200 crore through a rights issue." In a filing...

L&T Finance raises Rs 2,998 crore via right issue

L&T Finance Holdings Ltd (LTFH) on Wednesday said, "It has raised Rs 2,998 crore through a right issue." In a filing with the exchange, L&T...

Dubai based Gibraltar Technologies acquires HCL Infotech

Dubai-based technology company Gibraltar Technologies (GT) has announced the acquisition of HCL Infotech for 74.6 million dirhams. GT in its statement said, "The company along...

Geojit partners with Lotusdew to launch small, mid-cap basket using AI

Geojit Financial Services has announced its partnership with Loctusdew to launch small, mid-cap stock baskets that use behavioral finance and AI to identify dominant...

NHPC raises Rs 1500 crore through bonds

Public listed hydropower company National Hydroelectric Power Corporation Limited (NHPC) has raised Rs 1,500 crore through issuance of non-convertible taxable bonds." In a filing with...

Bosch Limited posts 12% profit before tax in Q3 FY 20-21

Leading technology and services supplier Bosch Limited on Thursday, reported a 12.1 percent Profit before tax (Before EI) for Q3 FY 2020-21. In a statement...

U GRO Capital raises Rs 178 core in debt, loan disbursal stood at Rs 2,000 cr

Small business lender U GRO Capital on Thursday said, "It has raised an incremental of Rs 178 crore in debt, for a total of...

BHEL receives order from the Indian Navy

Lending engineering company Bharat Heavy Electrical Ltd (BHEL) on Thursday said, "It has received an order from Indian Navy for supplying two Super Rapid...

IRB Infrastructure Developers eyes for Rs 2,220 crore through NCDs

IRB Infrastructure Developers on February 10, said, "It will raise Rs 2,220 crore through issuance of non-convertible debentures (NCDs). In a filing with the exchange,...

Adani Airports acquire 23% stake in Mumbai International Airport

Adani Airport Holdings (AAHL) has acquired 23 percent stake of Mumbai International Airport (MIAL) for Rs 1,685.25 crore." In a filing with the exchange, Adani...

Tata Steel BSL partners with FarEye to accelerate its digital transformation goals

India based steel company, Tata Steel BSL has announced its partnership with FarEye to improve its in-plant and in-transit visibility, optimize transportation costs, mitigate...

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