LiveCanara Bank to Pick Up 12% Stake in Bad Bank
Canara Bank has said it will be the lead sponsor of National Asset Reconstruction Company Limited (NARCL) or bad bank with 12 per cent stake...
Category : BUSINESS
NHB Imposes Rs 80,000 Fine on PNB Housing Finance
National Housing Bank (NHB) has imposed a penalty of Rs 80,000 on PNB Housing Finance for not complying with loan disbursement norms in 2015. However,...
ICICI Bank Raises Rs 2,827 Crore on Private Placement Basis
ICICI Bank Ltd has raised over Rs 2,827 crore by issuing bonds on a private placement basis. Its board of directors in April this year...
Jubilant FoodWorks Sees Two Fold Jump in Q4 Net Profit
Jubilant FoodWorks Ltd, which operates Domino’s Pizza and Dunkin’ Donuts chains in India, posted 223 per cent jump in consolidated net profit at Rs 105.3...
Sagar Cements Zooms 20% on Stock Split Plan
Sagar Cements shares zoomed 20 per cent to Rs 1,032.15, hitting a fresh 52-week high, on the BSE in intra-day trade on Tuesday after the...
Newgen Software Rallies 12%, Hits New High Following Block Deals
Shares of Newgen Software Technologies soared 12 per cent, hitting a new high of Rs 511.55, on the BSE in intra-day trade after more than...
HDFC Bank to Consider Dividend For FY21 On June 18
HDFC Bank has said that the board of directors in a meeting scheduled, June 18, 2021, will consider a proposal for a recommendation of a...
Steel Firms Lead Private Capex Cycle
Steel and cement companies find themselves at the cusp of a much-awaited CAPEX cycle that usually lasts between six and eight years, with the government...
CIL Q4 Net Marginally Down at Rs 4,589 Crore
On Monday, Coal India Ltd had reported a marginal decrease in consolidated net profit at Rs 4,589 crore for the quarter ending March 31, 2020....
Shriram Transport Finance Raises Nearly Rs 2,000 Crore Through QIP
The Shriram Transport Finance (STFC) has said it has raised Rs 1,998.98 crore through its qualified institutional placement (QIP) issue. The issue, which was launched...