LiveM&M Financial has launched QIP issue
Mahindra & Mahindra (M&M) Financial Services has launched its qualified institutional placement (QIP) issue. The company has fixed the floor price of Rs.439.63 per share and...
Category : Latest News
Allahabad Bank proposes to divest stake in Sompo Insurance
Allahabad Bank has a medium term target to sell its 30% holdings, in Universal Sompo General Insurance. This will be done with a view to sell...
Reliance Power signs agreements for USD 1 bn power projects
Reliance power has completed signing of agreements, to execute first phase of its USD 1 billion power project in Bangladesh. The agreement has been signed for setting...
Dr Reddy’s receives approval to restart exports to EU
The German regulatory authority has given approval to Dr Reddy’s, Visakhapatnam based plant to restart production for the European market (EU). In a regulatory filing the...
Edelweiss Financial Services injects Rs.670 cr capital in insurance biz
Edelweiss Financial Services has made a capital infusion of Rs.670 crore in its insurance joint venture. Edelweiss Tokio Life Insurance, is a joint venture between Edelweiss...
Piramal Enterprises acquires Digeplex
The Digeplex and associated brands has been acquired by Piramal Enterprises today, from Shreya Lifesciences, for an amount which is not disclosed. This acquisition will help...
Cipla gets WHO approval, for selling TB preventing drug in HIV patients
Cipla has received approval for Q-TIB, a combination drug which is suggested to help prevent tuberculosis infection in people with HIV, from the World Health Organisation (WHO). Q-TIB...
PFC lists green bond on London Stock Exchange
India’s Power Finance Corporation (PFC), has listed its international bond on the London Stock Exchange. This is done with a view to finance renewable energy projects...
M&M to increase stake in its financial services arm
Mahindra & Mahindra will increase stake in its financial services arm, Mahindra & Mahindra Financial Services Ltd (MMFSL) to 53.25%. It will purchase 2.5 crore shares for...
SBI increases bulk deposit rate by 1% point across certain categories
State Bank of India (SBI), has increased interest rate on bulk deposits by 1% point across certain categories, which will be effective from Thursday. SBI has hiked...