PSP Projects Rise Over 11% in Six Days
For six straight sessions, the stocks of PSP Projects hit a high of 2.37% to Rs 767.65. The PSP Projects jumped by 11.43%. The stock...
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Launch of IIFL Finance NCD Offering Up to 9% Yield
Non-banking finance company (NBFC) IIFL Finance Ltd has raised up to Rs 1,000 crore in a public offering of secured non-convertible debentures (NCDs) on December...
Customers Need not visit Bank for re-KYC, Says RBI
The Reserve Bank of India (RBI) has elucidated that self-declaration by clients through non-face-to-face frequencies will be satisfactory for implementing the re-know your customer course...
Varde-Arena Increases Bid for Srei Company
The consortium of Varde Partners and Arena Investors claimed that the challenge mechanism process for the new scheme to invite qualified resolution applicants for the...
RVNL, Ambuja Cements, Mukand in Focus
Yesterday, Ambuja Cements incorporated a wholly owned subsidiary company named AMBUJA RESOURCES LIMITED for manufacturing cement & allied product, alternate fuel and power generation. Mahindra...
Samsung Profit flips 69%, Historic Fall on Chip Price Falls
Samsung Electronics Co’s profit fell by 69% in its nastiest fall in more than a decade amid an economic slowdown that beat memory chip prices...
Kewal Kiran Partners BCCI as Official Sponsor of Indian Cricket Team
Kewal Kiran Clothing (KKCL) announced its strategic partnership with the Board of Control for Cricket in India (BCCI) as the Indian Cricket Team’s Official Partner....
Nifty, Sensex Flip Between Profit and Loss, Bank Nifty Below 42,500
India’s benchmark indices, BSE Sensex and NSE Nifty opened flat after closing lower on Wednesday. Nifty opened below the 18,000 level. The Sensex opened 0.04%...
Vodafone Idea Approaches Banks For Loans Cost Rs 7,000 Crore
Vodafone Idea (Vi) has allegedly advanced several banks to contract loans adding up to Rs 7,000 crore, per the media report. State Bank of India,...
Sebi Approves Govt Stake in IDBI Bank to be Reclassified as ‘Public’
The Securities and Exchange Board of India (SEBI) has allowed the centre to reclassify its stake in IDBI Bank as “public” following the divestment, provided...