Finance May 5, 2022 On the RBI rate hike, Finance Secretary said it’s a “necessary step in the right direction.” The administration claims that hiking the key interest rate by the Reserve Bank of India (RBI) was a necessary step.…
Finance May 5, 2022 According to a report, the Central Bank of India may close 13 percent of its branches. According to sources and a document obtained by Reuters, the Central Bank of India, a state-owned commercial bank, aims to…
Companies May 5, 2022 The LIC IPO raised 67 percent on day one, with policyholders subscribing 1.99 times: 10 Facts The subscription period for the Life Insurance Corporation of India's first public offering (IPO) began today.
Companies May 4, 2022 Titan’s stock has dropped almost 3% as a result of the March quarter’s results. Titan Business Ltd's stock fell more than 3% in morning trade on Wednesday, a day after the company reported a…
Companies May 4, 2022 The LIC IPO is now open for subscription, with a 28 percent subscription rate in under two hours. The subscription period for the Life Insurance Corporation of India's initial public offering (IPO) began on Wednesday.
Economy April 30, 2022 12 years, a big time to recoup the Indian economy pandemic losses: RBI reports The Indian economy may take more than a decade to overcome the losses emanating from the COVID-19 pandemic, said a…
Companies April 29, 2022 Campus Activewear IPO subscribed 51.75 times of last day The initial public offer of athleisure footwear company Campus Activewear was subscribed 51.75 times on the last day of subscription…
Finance April 29, 2022 Incredible demand for the buying IPO shares of LIC by the policy holders reaches 6 crores The LIC has set a price band of ₹ 902-Rs 949 per equity share. The government intends to raise ₹…
Market & Forex April 29, 2022 SEBI Cuts Listing Time for Real Estate, Infrastructure Investment Trusts The time taken for listing such emerging is reduced by securities board of exchange [SEBI], where investment vehicles to six…
Finance April 29, 2022 RBI revised the norms for the interest subvention scheme on crop loan. Reserve Bank of India (RBI) on Thursday modified norms for banks to claim the amount of interest subvention provided to…
Finance April 29, 2022 A shocking factor for Axis Bank regards to share fall over 5%, despite net profit soaring 54% to Rs 4118 crore. Axis Bank on Thursday reported a 54 per cent jump in its standalone net profit to ₹ 4,117.77 crore for…
Companies April 29, 2022 Vedanta’s March quarter profit slides 5% to reach ₹ 7,261 Crore Vedanta Ltd reported about 5 per cent decline in its consolidated profit after tax at ₹ 7,261 crore in March…