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BS Reporter

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REC raises Rs 2,625 crore through 15-year bonds at coupon rate of 7.02%

Market participants noted that spreads on AAA-rated corporate bonds have tightened considerably in April compared to previous months

REC raises Rs 2,625 crore through 15-year bonds at coupon rate of 7.02%
Updated On : 08 Apr 2025 | 7:29 PM IST

CDSL to deposit Rs 3 cr as financial disincentive for technical glitches

The depository on Tuesday stated that Sebi's directions will have no impact on its operations or other activities

CDSL to deposit Rs 3 cr as financial disincentive for technical glitches
Updated On : 08 Apr 2025 | 4:36 PM IST

Hindustan Unilever and NSRCEL-IIM-B launch Climate Incubation Hub

The initiative will focus on startups operating in key environmental domains, including climate, nature, and plastics circularity

Hindustan Unilever and NSRCEL-IIM-B launch Climate Incubation Hub
Updated On : 08 Apr 2025 | 1:43 PM IST

Retail investors give Mazagon Dock OFS a miss; Sebi imposes fine on R-Sec

The Securities and Exchange Board of India (Sebi) on Monday imposed a penalty of ₹7 lakh on Reliance Securities for alleged lapses in complying with stock brokers regulation

Retail investors give Mazagon Dock OFS a miss; Sebi imposes fine on R-Sec
Updated On : 08 Apr 2025 | 12:21 AM IST

A new and significant chapter begins in Haldiram's story: CEO Chutani

For its partners and vendors, this merger means deeper relationships and wider opportunities; and for its customers, it means everything they love and a lot of new things to look forward to

A new and significant chapter begins in Haldiram's story: CEO Chutani
Updated On : 07 Apr 2025 | 8:12 PM IST

Shah pledges Rs 1 cr for Naxal-free villages at Bastar Pandoom 2025 finale

Union Home Minister Amit Shah, who attended the closing ceremony, made several key announcements aimed at transforming the region's image and accelerating its development

Shah pledges Rs 1 cr for Naxal-free villages at Bastar Pandoom 2025 finale
Updated On : 05 Apr 2025 | 7:39 PM IST

Internal restructuring strategic move for seamless solutions: YES Bank

As part of organisational streamlining process, bank is harnessing synergies across all functions to optimise efficiencies and enhance customer experience, it said

Internal restructuring strategic move for seamless solutions: YES Bank
Updated On : 05 Apr 2025 | 7:14 PM IST

How US levy could play out: Export tariff rates before and after April 9

EY analyses how the US move would pan out across sectors in India

How US levy could play out: Export tariff rates before and after April 9
Updated On : 05 Apr 2025 | 12:47 AM IST

Federal Bank's Shalini Warrier resigns to explore new opportunity

Warrier, who joined the bank as the chief operating officer (COO) in 2015, took on the additional responsibility of business head of retail banking products in 2019

Federal Bank's Shalini Warrier resigns to explore new opportunity
Updated On : 04 Apr 2025 | 9:17 PM IST

As Mudra turns 10, signs of beneficiaries moving into higher loan bracket

The share of Shishu accounts declined to 51.7% of the total in FY25 while Kishor accounts' share has increased to 44.7%, suggesting some Shishu account holders have grown and availed Kishor loans

As Mudra turns 10, signs of beneficiaries moving into higher loan bracket
Updated On : 04 Apr 2025 | 2:56 PM IST

HDFC Bank's deposits increase 14%, gross advances grow 5.4% in Q4

The bank has securitised Rs 57,000 crore of loans in FY25, and in Q4 alone, the bank has securitised Rs 10,700 crore of loans

HDFC Bank's deposits increase 14%, gross advances grow 5.4% in Q4
Updated On : 03 Apr 2025 | 9:57 PM IST

State Bank of India withdraws special fixed deposit scheme Amrit Kalash

Other banks, including HDFC Bank and Yes Bank, have also trimmed interest rates on fixed deposits for select tenures

State Bank of India withdraws special fixed deposit scheme Amrit Kalash
Updated On : 03 Apr 2025 | 8:11 PM IST

UltraTech acquires Wonder WallCare at enterprise value of Rs 235 crore

The deal is expected to close in the next 90 days, subject to applicable regulatory approvals and compliance, the company said in a statement

UltraTech acquires Wonder WallCare at enterprise value of Rs 235 crore
Updated On : 03 Apr 2025 | 7:27 PM IST

Sebi launches system to verify authenticity of notices and summons

Sebi warns NSDL for compliance on centralised database

Sebi launches system to verify authenticity of notices and summons
Updated On : 03 Apr 2025 | 6:30 PM IST

What are the best term insurance premiums available for professionals?

A term insurance plan is a safe and attractive option for securing your own finances as well as your family's long into the future

What are the best term insurance premiums available for professionals?
Updated On : 03 Apr 2025 | 2:52 PM IST

Lupin announces acquisition of UK-Based Renascience Pharma for GBP 12.3 mn

Renascience, incorporated in 2015, supplies niche branded bio-generic products catering to primary and secondary care in the UK

Lupin announces acquisition of UK-Based Renascience Pharma for GBP 12.3 mn
Updated On : 03 Apr 2025 | 10:10 AM IST

ECL Finance names Ajay Khurana MD; Moody's upgrades Muthoot rating

Moody's Ratings has upgraded gold financier Muthoot Finance Ltd's long-term corporate family rating from Ba2 to Ba1. The rating outlook remains stable

ECL Finance names Ajay Khurana MD; Moody's upgrades Muthoot rating
Updated On : 02 Apr 2025 | 11:40 PM IST

UPI payments face outage for third time in a week, NPCI flags latency

This is the third time processing UPI payments has faced an outage

UPI payments face outage for third time in a week, NPCI flags latency
Updated On : 02 Apr 2025 | 9:57 PM IST

Reliance lays foundation for first of 500 CBG plants in Andhra Pradesh

The plant will be developed with innovative technology and will utilise Napier grass, to be cultivated on barren and waste lands, to produce bio-gas

Reliance lays foundation for first of 500 CBG plants in Andhra Pradesh
Updated On : 02 Apr 2025 | 9:02 PM IST