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Budget 2021: Clear guidelines on Global listing is need of an hour for fintech sectors

The anticipation around the Union Budget 2021 is tremendous, especially for the fintech industry, considering the seam it has picked up in 2020. Given...

IEX: Adani Total Gas, Torrent Gas acquires 5% stake each in IGX

Adani Total Gas and Torrent Gas have acquired a 5 percent share each in the Indian Gas Exchange (IGX). In a filing with the exchange,...

NTPC to raise Rs 2,500 crore in a bond issue

NTPC on January 22 said, "It will be raising Rs 2,500 crore through issuance of non-convertible bonds on private placement basis." "It has decided to...

Yes Bank Board approves to raise Rs 10,000 crore

Leading private sector lender, Yes Bank on January 22 said, "Its board has approved to raise Rs 10,000 crore." In a filing with the exchange,...

Indian Bank to raise Rs 4,000 crore via share sales

Leading Public sector lender, Indian Bank has said, "The board has approved a proposal to raise Rs 4,000 crore through a share sale." In a...

Grasim Industries enters in paints business

Grasim Industries on Friday announced to forays into the paints business. In a filing with the NSE, Grasim Industries said, "The Board of Directors of...

UBS offloads 39.50 lakh shares of IndusInd Bank

The UBS Principal Capital Asia has sold 39.50 lakh shares of IndusInd Bank Ltd on the open market. According to the data available on the...

SEBI approves Reliance Retail and Future Group deal

The Security Exchange Board of India (SEBI) on Wednesday approved the Reliance Retail and Future Group deal. SEBI in its letter of approval listed several...

L&T Infotech CFO resigns

Larsen & Toubro (L&T) infotech on 20 January said, "Its CFO, Ashok Kumar Sonthalia has resigned from the company." L&T infotech in a regulatory filing...

Bank Of Baroda raises Rs 969 cr through bonds

India based Bank of Baroda on Wednesday said, "It has raised Rs 969 crore through issuance of bonds on private placement basis." In a filing...

Force Motors to raise Rs 500 crore through NCDs

Automobile company Force Motors on Tuesday said, "Its board has approved to raise to Rs 500 crore through issuance of non-convertible debentures (NCDs)." In a...

Embassy REIT to raise Rs 2,600 crore via NCDs

Embassy Office Parks REIT on Tuesday said, "Its board has approved to raise to Rs 2,600 crore through issuance of non-convertible debentures (NCDs) on...

RPP Infra Projects joint venture bags order of Rs 232 cr from Highways Department

RPP Infra Projects ha said, "Its joint venture firm has received an order worth of Rs 231.77 crores from Highways Department. In a filing with...

BHEL bags Rs 450 crore order from NALCO

Bharat Heavy Electricals Limited (BHEL) said, "It has received an order worth Rs 450 crore for a steam and power plant from National Aluminium...

NSE launches derivatives on Nifty Financial Services Index

The National Stock Exchange (NSE) on Monday announced the launch of derivatives on the Nifty Financial Services Index. NSE in its statement said, "It has...

SBI raises $600 mn from overseas bonds

India's leading public sector bank, State Bank of India (SBI) on Thursday said, "It has raised $600 million from overseas bonds." In a filing with...

Government to divest 26% shares of BEML

Indian Government has announced to divest 26 percent of its total equity shares in BEML. In a filing with the exchange, BMEL said, "The Government...

SEBI slaps Rs 40 cr fine on Reliance Industries, Mukesh Ambani for manipulative shares of RPL

The Securities Exchange Board of India (SEBI) has imposed Rs 40 crores in fine on Reliance Industries Ltd (RIL), Mukesh Ambani, and on its...

IIFL Home partners with ICICI Bank for affordable housing & MSME loans

Leading private lender, IIFL Finance has said, "It's home loan subsidiary IIFL Himes has partnered with ICICI Bank to provide affordable housing loans and...

Infosys divested its one-third holding in Whoop for $10 mn

Infosys on Friday said, "It has divested one-third of its holding in US-based startup Whoop for about $10 million." In a filing with the stock...

Jerome Powell says, “Federal Reserve will continue to infuse more cash in the market”

In a bid to bring the economy on track. Federal Reserve Chairman Jerome Powell has announced that "The Federal Reserve will keep funneling cash...

Nagarro debuts in Frankfurt Stock Market

Global leader in digital engineering and technology solutions Nagarro SE has today announced its debut as an independent, publicly-traded company and the completion of...

Shriram City Union Finance to raise Rs 200 crore through bonds

Shriram City Union Finance on Monday announced to raise Rs 200 crore through the issuance of bonds on a private placement basis. In a filing...

ICICI Securities launches zero-brokerage plan for customers

India based stock trading platform, ICICI Securities has announced the launch of 'ICICIDirect Neo' – a zero brokerage plan for customers. "This is a one-of-its-kind...

Tata Motors floats VRS Scheme for permanent employees

In a bid to control the overall cost of the company, Tata Motors on Friday floated a voluntary retirement scheme (VRS) for the third...

Smallcase raises funding from HDFC Bank

As a part of recently concluded $14 million Series B round funding, Smallcase has raised an undisclosed amount from HDFC bank. The new round funding...

HDFC Asset Management hires Navneet Munot as MD & CEO

HDFC Asset Management Company on Monday announced the appointment of Navneet Munot as CEO & Managing Director. HDFC Asset Management in its regulatory filing said,...

Reliance Retail Ventures acquires 96% stake in Urban Ladder

Reliance Retail Ventures Ltd, a wholly-owned subsidiary of Reliance Industries on Monday announced that it has acquired 96 percent equity shares in online furniture...

Sundaram Home Finance plans to raise Rs 2,000 crore

Sundaram Home Finance on Wednesday said, "It is looking to raise Rs 2,000 crore in the second half of the year through a mix...

TCS to acquire PostBank Systems from Deutsche Bank

Tata Consultancy Services (TCS) on Tuesday announced the acquire 100% stakes in the 'Postbank Systems' from Deutsche Bank. According to the statements, "The transaction...

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