LiveL&T Arm to Sell 100% Stake in Think Tower Developers
On January 5, 2023, the EPC major announced its wholly owned subsidiary of L&T Realty Developers has agreed to sell its entire stake in Think...
Category : BUSINESS
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...
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...
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,...
RBL Bank Rise After Deposits High by 11% YoY in Q3FY23
After RBL bank’s total deposit increased by 11% to Rs 81,746 crore from December 2022 to December 2021, RBL Bank advanced 1.5% to Rs 182.65....
Likhitha Infra Receives Orders Worth Rs 457 Crore in Q3FY23
Likhitha Infrastructure said it had received total orders worth approximately Rs 457.39 crore from various oil and gas distribution companies in Q3FY23. After trading hours,...
NTPC, HPCL in Green Energy Pact
State-run NTPC subsidiary NTPC Green Energy Limited (NGEL) and Hindustan Petroleum Limited (HPCL) will jointly develop renewable energy projects as part of a new MoU...
Orient Cement Clarifies on Buzz of Adani Group’s Possible Stake Purchase
Adani Group told the promoters of C.K. Orient Cement, which is part of the Birla Group, has acquired a stake in the company. According to...