Adani Transmission, TVS Motor, Paytm, GMR Airports Infrastructure in Spotlight
Adani Transmission has merged its WOS under Adani Cooling Solutions Limited (ACSL) to carry out the District Cooling Systems business. ACSL will commence its business...
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Carlyle, Advent Acquired 9.99% Stake in Yes Bank, Infuse Around Rs 8,896 Crore
On Tuesday, Yes Bank said that private equity giants Carlyle Group and Advent had acquired a 9.99% stake in the bank. Together, the two private...
UltraTech Cement Commissions 1.9 Mtpa Cement Capacity in Rajasthan
On Tuesday, the Aditya Birla Group company commissioned 1.9 million tonnes per annum (mtpa) greenfield clinker-backed grinding capacity at Pali Cement Work. Now the company...
India’s Wheat Stocks Fall to 6-Year Low in December as Prices Jump to Record Highs
Wheat stocks in government warehouses in India fell to their lowest level in six years in December, government data showed on Tuesday, as prices jumped...
Hindalco Industries Ltd Surges 1.77%
Over November, Hindalco Industries Ltd (HIL) added 2.29% compared to a 1.83% gain in the S&P BSE Metal index and a 1.8% rise in the...
Bank of Baroda Proposes Sale of Majority Stake in Nainital Bank
On Tuesday, the state-owned Bank of Baroda (BoB) said it planned to sell its majority stake in Nainital Bank. The bank’s board has approved the...
AU Small Finance Bank Hikes Rates on Term Deposits and Savings Accounts
AU Small Finance Bank (SFB), India’s largest Small Finance Bank (SFB), has announced an increase in interest rates on term deposits and savings accounts from...
Stocks to Buy for Wednesday, December 14,2022
In the previous session, the Nifty index consolidated with a positive bias throughout the day. The Nifty index saw a gap up opening and made...
Paytm’s Surprise Share Buyback Plan Raises Questions
Paytm‘s plan to buy back shares has investors surprised and worried about the loss-making Indian fintech’s growth prospects as it uses funds to prop up...
HDFC-HDFC Bank Merger Set to Shake Up India’s Debt Market
India’s biggest merger could snatch one of its biggest issuers from the rupee bond market, and its absence could weigh on bond sales and bank...