LiveICICI Bank posts 2.4% YoY increase for Q2
On Monday, the private lender ICICI Bank has posted 2.4 percent year-on-year growth in its standalone net profit at Rs 3,102 crore for the quarter...
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UCO Bank is going to raise Rs 270 crore through preferential shares to LIC
UCO Bank will be raising over Rs 270.59 crore through issuance of shares to state owned life insurer LIC on preferential basis. UCO has said...
L&T-MHPS Boilers has signed technology licence agreement with MHPS
A technology licence agreement has been signed by L&T-MHPS Boilers Pvt Ltd with Mitsubishi Hitachi Power Systems Ltd for selective catalytic reduction systems. According to...
OCL India, Dalmia Bharat have received boards approval for merger
The Dalmia Bharat Group companies, OCL India and Dalmia Bharat have received their respective boards approval for the merger in an effort to simplify the...
Godrej Properties is expecting Rs 3,000 crore revenue from Greater Noida township
Godrej Properties, a realty firm, is aiming a sales revenue of about Rs 3,000 crore over the next 6-7 years from a new township in...
SBI aims to raise Rs 5,000 crore through infra bonds
The State Bank of India, which is the largest public sector lender, has been planning to raise Rs 5,000 crore through infrastructure bonds that will...
OIL consortium has completed $3.14 billion stake buy in Russian fields
Oil India led consortium has completed the deal for acquisition of stakes in two Russian oilfields for a total of USD 3.14 billion. OIL, Indian...
Bharat Forge has set up ordnance factory in Pune
Bharat Forge, the engineering solutions provider has set up an ordnance equipment factory in Pune for manufacturing barrels, breech, muzzle brake for artillery systems and...
General Motors India plans to export over 70,000 units this year
General Motors India is aiming to export over 70,000 vehicles this year for various markets that includes Central and South America. GM India in 2015, exported...
Vedanta plans to raise up to Rs 1,250 crore through NCDs
On Wednesday, the mining major Vedanta has said that it will be raising up to Rs 1,250 crore through issuance of non-convertible debentures (NCDs). Vedanta...