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Employees' union stages protest against privatisation of IDBI bank

Drawing attention to the problems, Nagarajan added that the move to lower the stake in the bank will affect the financial inclusion programme of the government

Vivriti Capital to raise Rs 500 cr via non-convertible debentures on Aug 18

The NCDs will have five options with different tenures and interest payout options

Shorter IPO timeline to become effective from December 1, says Sebi

At present, it takes six working days (T+6) for an IPO to list

Axis Bank to infuse Rs 1,612 cr in Max Life via preferential allotment

Axis entities stake to increase to 19.02%; Analjit Singh continues to be as chairman

Eicher unit to provide electric trucks for Amazon India's delivery ops

Collaboration will introduce 1,000 zero-emission electric trucks for Amazon's delivery work in 5 years

Promoter pledging rises marginally to 1.36% in June quarter, shows data

Among the Nifty 50 components, highest promoter pledges were seen in Apollo Hospitals (16.3%), Asian Paints (7.3%), IndusInd Bank (45.5%) and JSW Steel (15%)

Panel to decide reversal of erroneous transfers in demat accounts

Depositories approached Sebi, highlighting the challenges faced concerning obtaining OTP for such trade reversal

NIIT Learning valued at Rs 5,000 cr; Concord Biotech IPO subscribed 25x

Shares of NIIT Learning Systems-demerged from NIIT-finished at Rs 374 during their trading debut on Tuesday

2 senior execs of Freshworks quit after co-founder's exit in March

Company says new chief human resource officer will start work later in August and it looking for a chief marketing officer

Insurer Star Health announces alliance with Standard Chartered Bank

Collaboration with lender will help in offering 'tailored health insurance' to more customers, says firm

TCS to revamp Government e-Marketplace, enhance efficiency, transparency

GeM acts as an end-to-end online marketplace for central, state govt bodies, including PSUs

Yatharth Hospital gains 11% on debut; Concord IPO subscribed 2.3x on day 2

Concord had allotted shares worth Rs 465 crore to anchor investors at Rs 741 per share, the top-end of the price band

Sebi's success rate before Securities Appellate Tribunal improves

The regulator saw a remarkable drop in the number of pending cases -- from 426 at the end of FY22 to just 160 in FY23

Sebi 'implementation standard' pilot for verification requirements starts

The exercise is to ease implementation of new and existing regulations of Sebi

India Cements posts net loss of Rs 74 crore in Q1 due to dip in sales

Its revenue from operations for the quarter under review declined by 5 per cent to Rs 1,437 crore compared to Rs 1,514.4 crore in the corresponding quarter a year ago

FPIs mandated to route 10% market trade in corporate bonds through RFQ

The RFQ is a dedicated platform for debt securities, launched in 2020 by stock exchanges

General insurers' premium grew by18.3% in July to Rs 23,259 crore

Stand-alone health insurers reported a growth of 24 per cent to Rs 2,665 crore in July, and a 25.8 per cent rise to Rs 9,322 crore in the first four months

Adani Energy achieves $1 bn financial closure for transmission asset

The credit facility is part of a $ 700 million revolving project finance facility tied up in October 2021 for its under-construction transmission assets portfolio

Coromandel arm Dhaksha bags Rs 165 crore drone order for Indian army

Recently, Dhaksha also secured a contract from agricultural inputs cooperative Iffco to supply 400 agri-spraying drones

TVS Supply Chain public issue on August 10, price band set at Rs 187-197

The total issue size is set at Rs 880 crore, including fresh issue aggregates up to Rs 600 crore, and an offer for sale of 14.23 million equity shares