LiveBOI will Seek Shareholder’s Approval for Raising Rs 16,000 Crore
Bank of India (BOI) on Wednesday, said that the bank plans to raise up to Rs 16,000 crore through new issuance of shares and bonds and,...
Category : BUSINESS
ICICI Bank to Sell up to 2% Equity Stake in ICICI Securities
Industrial Credit and Investment Corporation of India (ICICI) Bank Ltd. on Wednesday said, that it would sell up to 2% of its equity stake holding in...
Reliance Appoints Sanjiv Singh as Group President
Reliance Industries Ltd. (RIL) has appointed Sanjiv Singh, former chairman of Indian Oil Corporation (IOCL), as Group’s President and Senior team leader of the oil-to-chemicals (O2C)...
Bata to Add 100 Stores Across India in FY21
Country’s Footwear major, Bata is planning to add about 100 of its new outlets despite Covid-19 pandemic and currently, it has 1,500 stores across India. Earlier, the...
Godrej to Drop Use of Word ‘Fair’ From Soap Range
India’s second-largest soap maker, Godrej Consumer Products Ltd. (GCPL) had decided to drop the use of word ‘fair’ from its wide range of soaps, many companies globally...
LIC Housing Finance Reported Net Profit of Rs 814 Crore in Q1 Results
LIC Housing Finance Ltd.(LIC HFL) had reported a growth of 34% year-on-year (Y-o-Y) in its net profit of Rs 817 crore for the quarter ended...
Axis Bank to Buy 17% Instead of 29% in Max Life Insurance JV Pact
On Monday, the country’s third-largest private sector lender, Axis Bank announced that it would acquire 17% stake in Max Life Insurance, instead of 29% as...
Union Bank of India Jumped 6% After Q1 Earnings Result
On Monday, shares of Union Bank of India nearly raised 6% after the bank had reported its standalone net profit of Rs 333 crore in...
Eicher Motors Shares Surged up by 10% After Stock Split
Today, shares of Eicher Motors surged up to 10%, making it a top gainer on the Nifty in terms of percentage, as the 1:10 stock split will...
PNB Reported Net Profit of Rs 300 Crore in June Quarter
Punjab National Bank pleasantly surprised investors with a net profit of Rs 300 crore against the expectation of a net loss for the June quarter. But...