LiveHDFC, IOC, Four Others to Issue Bonds Tomorrow to Raise Rs 9,200 Crore
Money market traders said about half a dozen companies planned to raise Rs 9,200 crore in corporate bonds on November 23. The six companies include...
Category : BUSINESS
Mahindra Finance Allots NCDs Worth Rs 582 Crore
Mahindra & Mahindra Financial Services has announced the allotment of rated, secured, listed, redeemable NCDs aggregating to Rs 582 crore through private placement after the...
Five Star Financial Expects Rs 7,000 Cr Assets Under Management by the end of FY23
Thirty-eight years after its inception, Five Star Financial was listed on the stock exchange on Monday, November 21, albeit at a 5% discount to its...
World Stocks Fall on Chinese COVID Outbreaks
On Monday, world stocks and oil prices plunged as fresh COVID-19 restrictions in China deepened worries about the global economic outlook. The safe-haven dollar rallied,...
Tumbled FTX Owes Nearly $3.1 Billion to Top 50 Creditors
FTX, the Bahamas-based cryptocurrency exchange, has filed for US bankruptcy court protection. It said it owes its 50 biggest creditors nearly USD 3.1 billion. FTX...
Merck & Co to Acquire Imago BioSciences for $1.35 Billion
On Monday, Merck & Co Inc said it would acquire Imago BioSciences Inc, the cancer drug developer, for a total equity value of USD 1.35...
Elevated Interest Rates Help Virgin Money UK Post Annual Profit Surge
Virgin Money UK PLC (LON:VMUK) reported a rise in full-year income as higher interest rates and credit card expenditure helped offset provisions against bad loans....
RBI Fines The Parwanoo Urban Cooperative Bank for Violations
On November 21, the Reserve Bank of India (RBI) fined The Parwanoo Urban Cooperative Bank Ltd, Parwanoo Himachal Pradesh, Rs 3 lakh for breaching certain...
Aurobindo Pharma Arm Gets USFDA Approval for Fungal Infection Treatment Injection
Aurobindo Pharma said on Friday that its wholly-owned subsidiary Eugia Pharma Specialties had received final approval from the United States Food and Drug Administration (USFDA)...
Maruti Suzuki Expands Its Sales Network with Addition of 3,500 Store
Maruti Suzuki recently opened its 3,500th sales outlet in India alongside the opening of its latest NEXA outlet in Hyderabad. India’s largest passenger car maker...