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HEG fixes September 7 as record date for demeger

New Delhi, Aug. 25 -- HEG Ltd, a manufacturer of graphite electrodes, completed the final operational steps of its proposed demerger that will create two independent listed entities. The LNJ Bhilwara ... Read More


Indian economy continuesto display strength despite headwinds: RBI Bulletin

New Delhi, Aug. 25 -- The Indian economy continuesto display strength, characterised by buoyant domestic demand, and rising manufacturing and services activity, notwithstanding headwindsarising from f... Read More


Aditya Birla Health Insurance ties up with ICAI to offer coverage to 17 lakh students and CA members

New Delhi, Aug. 25 -- Aditya Birla Health Insurance Co. Ltd. (ABHICL) announced on Tuesday a partnership with the Institute of Chartered Accountants of India (ICAI) to offer tailored health insurance ... Read More


L&T shares rise 0.71% as company bags two major West Asia orders

New Delhi, Aug. 25 -- Shares of Larsen & Toubro closed at Rs.4,119 on the NSE on Tuesday, gaining Rs.29 or 0.71 per cent over the previous close of Rs.4,090, as investors reacted to a back-to-back... Read More


Kirloskar Brothers shares slip 1.2% as Supreme Court sends family dispute to arbitration

New Delhi, Aug. 25 -- Shares of Kirloskar Brothers Ltd closed lower on Tuesday after the company disclosed a Supreme Court order directing arbitration in a long-running family dispute, with investors ... Read More


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