Bs Reporter

Adani Enterprises announces QIP at Rs 3,111 per share floor price

The company added that it may, at its discretion, offer a discount of not more than 5 per cent on the floor price

60% of unicorn founders in India are first time founders, says study

29% founder took two attempts to build their first Unicorn

Mkt regulator Sebi approves appointment of Vijay Chandok as new NSDL head

Chandok currently serves as the MD & CEO of ICICI Securities, the broking and investment banking arm of ICICI Bank

ICICI Bank, PhonePe partner to provide credit line on UPI for customers

PhonePe's market share on UPI is pegged at 49 per cent, with the second-largest player Google Pay processing about 38 per cent of the total transaction volumes in the country

RBI draft proposals on aligning businesses may impact private banks

The list include HDFC Bank, Axis Bank, Kotak Mahindra Bank, and Federal Bank

Securitisation volumes likely to have touched Rs 60,000 cr in Q2: Icra

HDFC Bank, in its quarterly update, said it has securitised Rs 19,200 crore of loans in Q2FY25 as a strategic initiative to lower its elevated credit-deposit ratio

HDFC Bank raises MCLR by 5 bps for select tenures, effective October 7

MCLR is the minimum interest rate a financial institution needs to charge for a specific loan. It dictates the lower limit of the interest rate for a loan

Canara Bank invites EoIs for counter bids on exposure to 3 NSL companies

The three NSL group companies include NSL Sugar Ltd, NSL Krishnaveni Sugar Ltd, and NSL Textiles Ltd. NSL Group is led by Mandava Holdings Pvt Ltd, the holding company

LIC boosts stake in Pune-based Bank of Maharashtra from 4.05% to 7.10%

LIC acquired 3.376 per cent equity of the bank during the QIP process at an average cost of Rs 57.36

Exit polls predict a Congress return in Haryana, hung house in J&K

While all the exit polls predict a thumping Congress win in Haryana, most suggest a split verdict in Jammu & Kashmir

Visa unveils platform for global banks to issue stablecoin, other tokens

The product is designed to let banks use their tokens within smart contracts for programmability

Inflation rate under outgoing MPC that decided 25 monetary policies

The outgoing MPC was constituted in October 2020 and is now demitting office

KRN Heat Exchanger makes bumper trading debut, increases 2.2 times

The gains came despite a selloff in the overall market. The stellar listing follows a strong debut for KRN's shares during its maiden share sale

Half a dozen firms file DRHPs, first MF transaction on ONDC, and more

The euphoria in the initial public offering (IPO) market shows no sign of a slowdown

NTPC registers 3.9% growth in power generation, 16% in coal mining

The company's mining arm, NTPC Mining, produced 19 million tonnes (MT) of coal during H1FY25, registering a growth of 20 per cent year-on-year

Adani Power signs agreement to acquire Dahanu Power for Rs 815 crore

In a two-step deal, AESL transferred the asset-holding subsidiary to Adani Properties, which in turn sold it to Adani Power

Dr Reddy's completes acquisition of Haleon's global NRT portfolio

DRL's Swiss subsidiary completed the acquisition through the purchase of shares of Northstar Switzerland SARL, a Haleon group company

Reliance Industries secures Centre's approval for transfer of channels

The Competition Commission of India (CCI) approved the Rs 70,350-crore merger between Reliance Industries and Disney's Indian media assets on August 28, 2024