Topics: NSE

Insolvency plea filed against IL&FS transportation’s Spanish arm ‘Elsamex SAU’

Mumbai based IL&FS Transportation on 3rd July said, "One of the lenders of its Spain-based subsidiary Elsamex SAU, has filed for insolvency." In a filing...

Muthoot Finance plans for a stock split

Muthoot Finance on Friday said, "It is planning to consider a sub-division/stock split of equity shares." In a filing with the stock exchange, the company...

Axis Bank to suspend UK subsidiary

Leading private sector bank, Axis Bank on Thursday announced its plan to shut down its UK subsidiary. In a filing with the exchange, the bank...

JSPL to divest 100 percent stake of Oman-based subsidiary for $1 billion

Jindal Steel and Power Ltd (JSPL) has announced plans to sell its Oman-based subsidiary for over $1 billion (approx Rs 7,500 crore). In a statement...

Bank of Baroda to raise Rs 2,000 crore through bonds

Leading public sector lender, Bank of Baroda (BoB) has announced its plan to raise Rs 2,000 crore through issuance of bonds. In a filing with...

LIC Managing Director T C Suseel Kumar joins Axis Bank board

Private lender Axis Bank on Monday said, "The bank has appointed Managing Director of Life Insurance Corporation of India (LIC), T C Suseel Kumar...

Carlyle Group picks 20 percent share in Piramal Pharma for $490 million

Piramal Enterprises Limited on Saturday said, "Global investment firm Carlyle Group has agreed to invest around $490 million to pick 20 percent stake in...

HUDCO records 87 percent increase in Q4 profit at Rs 440.91 crore

State-run finance provider HUDCO on 26 June reported an 87 percent increase in its consolidated net profit to Rs 440.91 crore for Q4. In a...

Glenmark Pharma records 36.28% increase in Q4 profit at Rs 220 crore

Mumbai-based drugmaker Glenmark Pharma on Friday said, "It has reported a 36.28 percent increase in its consolidated net profit to Rs 220.3 crore in...

Increasing Cases and United States ‘Carousel Retaliation’ spooks risk sentiment

The risk sentiment was souring as US trade representatives had proposed imposing tariffs on USD 3.1bn of imports from France, Germany, Spain, and the...

Metropolis Healthcare promoter divested 6.03 percent shares for Rs 422.58 crore

Mumbai-based diagnostic company Metropolis Healthcare has said, "Its promoter has divested 6.03 percent shares in the company for Rs 422.58 crore." In a filing with...

Crosses rally on robust PMIs

Euro and Sterling rallied yesterday as France, Germany and UK manufacturing PMIs came in better than expected. Onshore, the USDINR spot moved lower yesterday to...

Piramal Enterprises to raise Rs 2,590 crore via NCDs

Mumbai-based healthcare company Piramal Enterprises said, "Its board has approved raising to Rs 2,590 crore through issuance of secured non-convertible bonds on a private...

White House trade advisor Navarro does a U-turn; so do markets

The US Dollar has weakened overnight. The anticipation of a second stimulus package is keeping the USD under pressure. While the EU is finding...

Singapore government acquires 164,30,820 shares of ICICI Prudential Life

The government of Singapore has acquired 1,64,820 equity shares (representing 1.14 percent of paid-up capital) of ICICI Prudential Life Insurance Company. According to the bulk...

ICICI Bank divested 1.50% shares of ICICI Prudential Life Insurance

In a bid to strengthen the balance sheet as the opportunities arise, the ICICI Bank on Monday said, "It has divested 21,500,000 equity shares...

Market Analysis by Abhishek Goenka: Global Risk sentiment holds positive

Overall global risk sentiment was positive heading into the weekend with China reaffirming its commitment to adhere to the one phase trade deal with...

Arvind Fashions revises the plan, Will raise Rs 399 crore through rights

Leaders in textile manufacturing Arvind Fashions on Sunday said, "It has revised the amount of capital it plans to raise through the right of...

Punjab National Bank records net loss at Rs 697 crore in Q4

India-based public lender Punjab National Bank (PNB) has recorded a net loss of Rs 697.20 a crore in the fourth quarter. In a filing with...

Tata Power bags order from MSEDCL to develop Solar Project in Maharashtra

Leaders in power utility company Tata Power on Friday said, "Its subsidiary Tata Power Renewable Energy Limited (TPREL) has received an order from Maharashtra...

Indian Hume Pipe secures Rs 235 crore deal from Uttar Pradesh Government

India-based concrete pipe maker Indian Hume Pipe has secured Rs 234.91 crore order from the Uttar Pradesh government. In a filing with the exchange, Indian...

Market Analysis: Focus will be on the Bank of England MPC meeting

Levels across currencies are pretty much unchanged overnight. Focus today will be on the Bank of England policy. While it is expected to leave...

IRB Infrastructure raises Rs 300 crore via NCDs

IRB Infrastructure Developers Ltd has raised Rs 300 crore through allotment of non-convertible debentures (NCDs). In a filing at the stock exchange, IRB Infra said,...

IDFC First Bank secures Rs 2,000 crore through allotment of preferential shares

Mumbai-based IDFC First Bank has raised nearly Rs 2,000 crore by issuing shares on a preferential basis to its promoters and others. In a filing...

IDFC Group sells 100 percent stake in IDFC Securities for Rs 86 crore

Private lender IDFC Group on Thursday announced, "It has completed the 100 percent equity stake help in IDFC Securities Ltd for Rs 86 crore." In...

SBI to raise $1.5 billion through bonds

India's largest public bank State Bank Of India (SBI) on Thursday said, "Its board has approved the plan to raise to $1.5 billion through...

COVID-19: Chennai Petroleum records inventory write-down of Rs 1,456 crore

State-owned oil refinery company Chennai Petroleum Corporation Ltd on Friday said, 'It has recorded an inventory write-down of Rs 1,456 crore due to the...

Adani Ports secures Rs 100 crore through NCDs

Adani Ports and Special Economic Zone (APSEZ) has secured Rs 100 crore through issuance of NCDs on a private placement basis. In a filing with...

Indian Energy Exchange launches real-time electricity market

India-based electronic systems based power trading platform Indian Energy Exchange Ltd (IEX), has announced the launch of Real-Time Electricity Market (RTM). In a filing with...

Manappuram Finance to raise Rs 500 crore through NCDs

India-based NBFC Manappuram Finance Ltd is reportedly planning to raise Rs 500 crore through issuance of non-convertible debentures on a private placement basis. In a...

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