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2 mins read

Kotak Mahindra Bank raises Rs 7,442.5 cr via QIP of shares

Entities who bought the shares include Invesco Oppenheimer Developing Markets Fund, which bought 5…

PTI   


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1 min read

Kotak Mahindra Bank launches Rs 7,000-cr share sale through QIP

The share sale through the QIP route will help the bank's promoter group led by Uday Kotak decreas…

PTI   


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1 min read

Sebi proposes to relax rules for 6-month gap between two QIPs by listed firms

Accordingly, Sebi has proposed that to address concerns of the issuer companies and to support the…

PTI   


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1 min read

PNB Housing Finance board approves Rs 1,700 cr fundraising via QIP

"In addition, the board also considered it advisable, subsequent to the successful closure of the …

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1 min read

SpiceJet’s Ajay Singh might sell stake to raise funds for airline

SpiceJet's Chairman Ajay Singh is considering selling over 10 percent of his stake to raise funds b…

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2 mins read

Vedanta Q1 profit surges 37% to ₹3,606 crore on improved margins

Income rose to Rs 36,698 crore over Rs 34,279 crore in the year-ago period, according to an exc…

PTI   


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Anil Ambani's Reliance Group starts transformation journey, achieves near zero-debt

Reliance Infra announced a significant reduction in standalone external debt, lowering it from Rs 3…

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1 min read

IREDA shares surge over 10 percent on Rs 4,500 crore fundraising plan

Shares of Indian Renewable Energy Development Agency Ltd surged over 10 per cent after the company …

PTI   


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1 min read

Reliance Power reports Rs 397 cr loss in Q4

The company's total income, however, increased to Rs 2,193.85 crore from Rs 1,853.32 crore a year a…

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2 mins read

Market Morning: Except for FMCG, consumer durables, sectoral indices open in red

During early morning trade, IndusInd Bank, Cipla, Tata Steel, Adani Ports and and SBI lost signific…

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5 mins read

India’s deal making stayed cautious in 2023, declined by over half to $66 bn

The stock market may have hit new highs in 2023, but deal making activity continued to battle the l…

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1 min read

Sterling and Wilson Renewable Energy raises Rs 1,500 crore

Sterling and Wilson Renewable Energy has raised Rs 1,500 crore through an issue of shares to qualif…

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3 mins read

SEBI proposes to ease disclosure requirement for listed firms

The proposals, based on the recommendations of an expert committee chaired by SK Mohanty, former Wh…

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4 mins read

Deal Tracker: PE investments fall by 30% to $1.7 bn in September quarter, BFSI rules the roost

The September quarter of 2023 saw a total of 40 deals valued at $1.7 bn, which is a fall of 30% in …

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1 min read

Ramkrishna Forgings Q3 net profit rises to Rs 87 crore

Ramkrishna Forgings Ltd on Thursday posted a 43% rise in consolidated net profit to Rs 86.86 crore …

PTI   


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1 min read

RBI directs Bajaj Finance to stop giving loans under eCOM, Insta EMI Card

Indian banking regulator on Wednesday directed Bajaj Finance to stop sanction and disbursal of loan…

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2 mins read

Corporate India's deal activity jumps 58% to $3.1 billion in July: Report

Shanthi Vijetha, a partner at the consultancy, said the impact of the global slowdown is visibl…

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1 min read

Suzlon Energy Q2 profit up 81 pc to Rs 102 cr

Suzlon Energy on Thursday posted over 81 per cent rise in consolidated net profit to Rs 102.29 cror…

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3 mins read

India’s deal activity in the slow lane in 2023 both in value & volume

India’s deal making activity saw a surge in November — both in terms of value and volume. With only…

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2 mins read

Bajaj Finance stock regains speed after fall in the morning

The stock of Bajaj Finance fell by over a percent in early morning trade on Thursday. On Wednesday …