LiveCanara Bank aims to raise Rs 2,400 crore through bonds
On Tuesday, the state owned Canara Bank said that it is planning to raise Rs 2,400 crore from bonds to fund business growth. Canara Bank...
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Strides Shasun has raised Rs 1,102 crore through QIP
Strides Shasun has raised over Rs 1,102 crore through the qualified institutional placement (QIP). Strides Shasun said in a BSE filing that “The QIP Committee of...
Yes Bank has announced 3 senior level appointments
Yes Bank, the private sector lender has made three appointments to its senior management team. Padhmanabhan Kumar has been appointed as the Chief Operating Officer...
Glenmark Pharma has received USFDA final approval for anti-bacterial drug
Glenmark Pharmaceuticals has got the US health regulator’s final approval for a generic version of anti-bacterial drug Zyvox. The company said in a statement that “Glenmark...
Kotak Mahindra Bank acquires stake worth Rs 91 crore in Godrej Properties
A 1.37 percent stake in Godrej Properties has been acquired by the private sector lender Kotak Mahindra Bank for Rs 91 crore through an open...
FIPB has cleared nine proposals
The Foreign Investment Promotion Board (FIPB) has cleared nine proposals including that of Cadila Healthcare and Volvo Assets Finance India. The government has made changes...
P Mukherjee has been named by Lakshmi Vilas Bank as its new MD & CEO
On Monday, the South India based Laksmi Vilas Bank has said that Parthasarathi Mukherjee will be the new managing director and chief executive officer of...
Adani Power has incorporated a wholly owned subsidiary firm
On Monday, Adani Power has announced that a wholly-owned subsidiary firm, Adani Power (Jharkhand) Ltd has been incorporated by it. The company said in a...
BSNL reduces mobile call rates by 80% for new customers
The state owned telecom firm BSNL has reduced mobile call rates by up to 80 percent for the first two months under a scheme for...
Tata Motors, the only Indian firm enters on top-50 global R&D list
Tat Motors enters on the top-50 league of the world’s biggest companies in terms of their research & development (R&D) investments that is topped by...