Tata Steel Sales Rise by 8 % despite fall in Consolidated Output
Tata Steel's combined output decreased from 7.69% to 7.08 MT in the first quarter while its sales increased by 8%. In the first quarter of FY24, the combined production of…
Shares Surging by 4%, Maruti’s Market Evaluation rockets by Rs.10519.95 Crores
The market valuation of Maruti Suzuki India increased by Rs 10,519.95 crore on Wednesday as its shares rose by about 4%. On the BSE, the stock increased 3.61 percent to…
Singapore-based GIC to Acquire 74% Stake in Genus Power’s Venture
Following the transaction, Genus Power will own 26% of the platform, with Gem View Investment, a GIC affiliate, retaining the remaining 74%. Singapore's sovereign wealth fund GIC said on July…
In India’s Largest Corporate Deal, IDFC First Bank to Merge with IDFC
A few days after the merging of the HDFC twins, IDFC First Bank said on Monday that its parent company, IDFC Ltd, would combine with itself in an all-stock transaction.…
Bank of Baroda to Sell 49% Stake in its Credit Card Business, BOB Financial Solutions
Up to 49% of the government-owned Bank of Baroda's ownership stake in the credit card division, BOB Financial Solutions Ltd., will be sold. BoB presently owns all of the company.…
Following delisting, ICICI Securities to become a 100% subsidiary of ICICI Bank
For every 100 shares of the company, ICICI Securities stockholders would receive 67 equity shares of ICICI Bank as part of the acquisition. On Thursday, ICICI Securities revealed that upon…
IndiGo becomes the Leading Indian Airline touching One Lakh Crore Market Value
On June 28, InterGlobe Aviation Ltd, which runs low-cost carrier Indigo, became India's top airline to reach the $1 trillion barrier in market capitalization (Mcap). The stock, which has a…
In Domestic Bond Markets, IDFC FIRST Bank Raises ₹ 1,500 Crores
In the domestic Indian bond markets, IDFC FIRST Bank stated on Tuesday that it has raised ₹ 1,500 crore in tier-2 bonds. These privately placed bonds have a face value…
Asian Paints
For ₹ 54 crores, Asian Paints Purchased a Second Interest in White Teak
The business has continually kept its respectable dividend payout rate at 58.4%. Asian Paints Limited's stock increased 0.5% on June 26, 2023, and it is presently trading at ₹3305.85 per…
Go First Awaits DGCA Nod for Lenders to Release ₹ 400 crores
With 22 aeroplanes, Go First intends to fly around 150 flights every day. In the beginning, the airline also intends to run charter flights for the armed forces. The lenders…
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