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Three major Indian banks raise over $1.85 billion in offshore bonds, signalling strong global market participation

New Delhi, Aug. 25 -- Three major Indian banks, Axis Bank, Kotak Mahindra Bank, and Union Bank of India, made significant moves in the international debt markets on Monday and Tuesday, collectively in... Read More


Vodafone Idea shares rally 8% on SBI loan progress, tariff hopes

New Delhi, Aug. 25 -- Shares of Vodafone Idea closed at Rs.15.19 on Tuesday, up Rs.1.12 or 7.96 per cent, after touching an intraday high of Rs.15.31, just 0.2 per cent shy of its 52-week high of Rs.1... Read More


Demand notice of Rs.1,755 crore on Tata Steel stayed

New Delhi, Aug. 25 -- In a major relief, the Revisional Authority has stayed the Rs.1,755 crore demand notice issued by District Mining Office, Ramgarh, Jharkhand for excess mining of coal and accepte... Read More


For-profit social enterprise Rays of Belief Ltd to come out with IPO to fund expansion

New Delhi, Aug. 25 -- A for-profit social enterprise Rays of Belief Limited, that operates under the "Mom's Belief" brand, expects its initial public offering (IPO) of equity shares of face value Rs.1... Read More


Indian banks likely to sustain healthy growth in FY27: Bernstein

New Delhi, Aug. 25 -- The Indian banking sector is expected to sustain healthy growth in FY27, supported by robust liquidity conditions and a recovery in nominal credit growth, although potential poli... Read More


Supreme Universal bags development project in Mumbai with Rs.1,500 crore revenue potential

New Delhi, Aug. 25 -- Luxury real estate developer Supreme Universal has secured development rights for one acre land parcel off Carter Road at Bandra in Mumbai with an estimated revenue potential of ... Read More


ICICI Bank prices its $1 billion 5-year Senior Notes at 5.410%

New Delhi, Aug. 24 -- ICICI Bank on Monday priced its $1 billion five year Senior Unsecured Fixed Rate Notes due 2031at 5.410per cent. Kotak Mahindra Bank (KMB) said it allotted $650million Senior Not... Read More


Fino Payments Bank's Board approves 3-month tenure extension for Merchant as interim CEO

New Delhi, Aug. 24 -- Fino Payments Bank's (FPB) Board of Director, based on the recommendation of the Nomination & Remuneration Committee, on Monday approved the extension of tenure of Ketan Merc... Read More


Centre appoints JK Sinha, Syed Akbaruddin and Annie George Mathew as Directors on RBI Central Board

New Delhi, Aug. 24 -- The Central government has appointed Janmejaya Kumar Sinha, Syed Akbaruddin and Annie George Mathew as part-time, non-official Directors on the Central Board of Reserve Bank of I... Read More


BSE waives off AP registration fee in commodity derivatives, EGR till September '28

New Delhi, Aug. 24 -- BSE, the country's oldest stock exchange, has waived processing fees for registration of Authorised Persons (AP) in the Commodity Derivatives and Electronic Gold Receipt segments... Read More