LiveHDFC Bank to Raise Rs 2.7 Trillion for Merger
HDFC Bank Ltd may raise at least Rs 2.2 trillion from public deposits and corporate bonds and an additional Rs 50,000 crore from similar documents...
Category : BUSINESS
M&M Shares Hit Record Highs, as Scorpio-N Receives 1 Lakh Bookings in 30 Minutes
Shares of Mahindra and Mahindra Ltd (M&M) reached an all-time high on Monday as soon as 1,00,000 bookings for the brand-new Scorpio-N were registered within...
Manufacturing Activity Improves in July, PMI Rises to 8-Month High
As per S&P Global’s Purchasing Managers’ Index (PMI), India’s manufacturing activity grew in July. The country stood at a score of 56.4 in the index....
Adani Raises $5.25 Billion from Global Banks to Acquire Ambuja, ACC
Top international banks, led by BNP Paribas, Barclays and Citigroup, have strongly backed Adani Group‘s plan to buy Swiss firm Holcim‘s stake in Ambuja Cements...
Dr. Reddy’s Laboratories Signs Licensing Pact with Slayback Pharma
Dr. Reddy’s Laboratories on Saturday held that it had signed a pact with New Jersey-based Slayback Pharma to acquire rights to a medication that relieves...
Sundram Fasteners Net Profit Rises to Rs 138.03 Crore in Q1
Sundram Fasteners Ltd (SFL) posted a consolidated net profit of Rs 138.03 crore during the first quarter of Financial Year 2023, rise 14.5 per cent...
Zee Sony Merger Receives Approval From NSE, BSE
On Thursday, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) approved the proposed merger of ZEE Entertainment Enterprises Limited (ZEEL) and Culver...
Stride Pharma Science June Quarter Net Loss Narrows to Rs 163 Crore
Strides Pharma Science Ltd has reported a consolidated net loss of Rs 163.4 crore in the first quarter ended in June 2022, compensated by higher...
HDFC Q1 PAT Jumps 22% YoY to Rs 3,669 Crore
On Friday, HDFC Bank reported a consolidated net profit of Rs 3,668.82 crore for the first quarter of this year. The profit was higher than...
Sun Pharma Q1PAT Soars 43% YoY
In the June quarter, Mumbai-based Sun Pharmaceutical Industries posted a 43 per cent rise in net profits to Rs 2,061 crore. The consolidated net profit...