LiveCanara Bank to Raise to Rs 2000 Crore via Basel-III Tier-II Bonds
Canara Bank plans to raise Rs 2,000 crore considering growing credit demands. Of the total amount, Rs 1,000 crore are to be raised through Basel-III...
Category : BUSINESS
Crude Oil Prices Rise After Saudi Warns OPEC
Today, Oil prices edged slightly higher, tracking a pause in the dollar rally in early Asia. The Organization of the Petroleum Exporting Countries (OPEC) stands...
Rakesh Jhunjhunwala’s Rare Enterprises-Backed IKS Health to File for IPO Next Month
IKS Health, backed by the late Rakesh Jhunjhunwala‘s investment firm Rare Enterprises, will submit draft documents to SEBI next month for a floating IPO soon,...
LIC Housing Finance Hikes Rates by 50 Bps
Mortgage financier LIC Housing Finance has increased its prime lending rate by 50 basis points from August 22. With this increase, home loan rates will...
Exploring Options to Raise Rs 2000 Crore, Says SpiceJet CMD Ajay Singh
SpiceJet is currently exploring multiple alternatives to raise to Rs 2,000 crore. During an event of ASSOCHAM, SpiceJet’s Chairman and Managing Director Ajay Singh said...
Audi to Hike Prices as Supply Chain Costs Rise
German luxury carmaker Audi on Tuesday expressed that it is going to increase the prices of its entire model range by up to 2.4% next...
NTPC Launches First Part of Gandhar Solar PV Project
On Monday, the state-run NTPC declared commercial operation of the first part capacity of 10 megawatts (MW) out of the 20 MW Gandhar Solar PV...
ONDC to Become Live for All Consumers in One City Next Month
The Open Network for Digital Commerce (ONDC) will begin a testing phase in a city next month so that any user in the area can...
Infosys Cuts Average Variable Payout to 70% for June Quarter
IT major Infosys has decided to decrease the average variable payout of employees to 70% because of falling operating margins in the first quarter of...
Fintech Industry CAGR At 20% With 23 Unicorns
Fintech India has a growing industry to grab a sizable chunk in the global fintech sector, states’ States of Fintech Union 2022′ reported by the...