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Veranda Learning IPO subscribed 3.5 times on Day 3

Veranda has raised Rs 200 crore in fresh capital, which will be used to repay debt and for expansion

Bond trade gains of banks may be down 30%, says India Ratings

The rating agency's assessment showed the yield on benchmark 10-year government bonds rose 66 basis points in FY22 to close at 6.84 per cent from 6.18 per cent at the end of March 2021

FACT records highest-ever turnover of Rs 4,100 cr in FY22, up 27% YoY

Firm fares well despite pandemic-led adverse scenario in which input prices sky-rocketed in the global markets; restarts Caprolactam production after nine years

Stalin seeks release of Rs 20,860 crore Central dues to Tamil Nadu

The amount consists mainly of GST compensation (about Rs 13,500 crore), and dues on account of subsidy, Rashtriya Madhyamik Shiksha Abhiyan and Sarva Shiksha Abhiyan

Regional rural banks may also be allowed to turn into SFBs: SBI Research

In fact, some of the large RRBs are bigger than the SFBs currently operating in the market

KFin Tech files for Rs 2,400-cr IPO, provides exit for General Atlantic

KFin Tech offers services and solutions to intermediaries operating in capital market ecosystem such as mutual funds, AIFs and wealth management firms

Cooperating with Sebi in Yes Bank AT1 bond matter, says Nippon India MF

According to reports, Nippon India chief executive Sundeep Sikka's role is also being examined by Sebi

Unity Small Finance Bank pays Rs 3,800 cr to 850,000 PMC Bank depositors

According to the plan approved by the Union government, Unity Small Finance Bank was supposed to pay the insured deposit amount up to Rs 5 lakh received from the DICGC immediately.

RBI extends timelines for banks to use lockable cassettes in ATMs by a year

The RBI decided to extend the timeline after it received representations from various banks and Indian Banks' Association expressing difficulties in meeting the timeline

GAIL announces Rs 1,083-cr share buyback at Rs 190 per share

Shares of Gail rose 1.5 per cent to end at Rs 155.7

KKR affiliate sells 10% stake in Max Healthcare for nearly Rs 3,300 cr

It sold shares at Rs 340 a apiece to a clutch of investors, which included SBI Mutual Fund, Pension Fund Global and Smaller Cap World Fund

ONGC OFS's retail portion subscribed 72%

Through the OFS, the government has divested 1.5 per cent stake in ONGC to raise Rs 3,000 crore.

Delhivery aims IPO for Q1 as market sentiment improves for large offerings

Offer is pegged to be around Rs 7,000 crore, rides on a positive outlook for sector

Sebi tightens rule for 'passive breaches' by MFs, effective July 1

Provision for barring fund houses from launching new schemes, charging exit load

ONGC OFS subscribed 1.6 times; will be open to retail investors on Thursday

Unsubscribed shares in retail category, if any, will be allotted to non-retail investors

IOB raises Rs 665 crore via tier-II bonds, exercises green shoe

The lender came up with a Basel-III compliant bond issue with base size of Rs 200 crore and green shoe option of Rs 600 crore

Sundram Fasteners gets GM honour; to invest Rs 350 cr in advanced tech

This is the ninth time Chennai-based auto parts firm has got the recognition, and follows govt approval of its PLI application

BSE starts search for new MD & CEO as Ashish Chauhan's term ends

Candidates are required to send their applications by April 23 and it has appointed Egon Zehnder to oversee the process.

I-T department detects Rs 1K-cr 'bogus' expenses at Hero MotoCorp

The findings are learnt to be part of the tax department's initial probe into a possible tax evasion by the two-wheeler giant