IndusInd Bank to raise Rs3,288cr ($439 mn) through preferential issue
ICICI Prudential Life Insurance to invest Rs850 cr MUMBAI: The board of directors of IndusInd...
Category: NEWS AROUND
RBI signs currency swap deal with Lankan Central Bank
Drawals capped at $400 mn or equivalent MUMBAI: The Reserve Bank of India (RBI) has...
Huge Covid-related provisions dent Kotak Bank Q1 profit at Rs1244.45 cr
Treasury, BMU income declines from Rs586 cr to Rs36 cr MUMBAI: Kotak Mahindra Bank, country’s...
Arab Bank H1 profit declines by two-thirds to $152 mn
JORDAN: Arab Bank Group (ABG) reported net income after tax of $152.1 million for the...
Ind-Ra downgrades Go Air to BBB+; maintains RWN
Suspension of services for 2 months big blow to sector MUMBAI: India Ratings & Research...
Q1 auto sales fall miserably, but see silver lining in June
Two-wheeler sales take the lead MUMBAI: The domestic automobile industry witnessed a 75 per cent...
L&T’s Q1 profit declines more than two-thirds to Rs536.88 cr
MUMBAI: Larsen and Toubro Ltd (L&T), the country’s largest engineering & infrastructure company reported a...
Diaspora bond issue to have unit face value at Rs25,000
Issue aims to raise Rs2000 cr ($270 mn) from expatriates THIRUVANANTHAPURAM: The Kerala government’s Diaspora...
Wipro receives yet another prestigious recognition
EAST BRUNSWICK, NEW YORK/BANGALORE: Wipro Ltd, a leading global information technology, consulting and business process...
Tata Power to develop 225 MW renewable power project
Firm’s renewable capacity to increase to 3,782 MW MUMBAI: Tata Power, India’s largest integrated power...