Page 104 - Bs Reporter

Bank of Baroda hikes lending rates by 5 basis points across three tenures

The one-year MCLR has risen to 8.85%, while the six-month and three-month MCLR rates have been increased to 8.65% and 8.45%, respectively

India equity capital market issuances hit record at $ 14.8 billion

ECM proceeds jumped fivefold from the first quarter of the previous year when 70 deals worth $2.8 billion were launched

NSE issues caution against fake videos of CEO Chauhan recommending stocks

The exchange reiterated that its employees are not authorised to recommend any stock or deal in those stocks

Swiggy deliveres 6 million plates of Biryani this Ramzan, up by 15%

Cities such as Mumbai, Hyderabad, Kolkata, Lucknow, Bhopal, and Meerut saw a drastic increase in orders placed for Iftar sweet dishes, including Malpua, Dates, and Phirni during Ramzan

Ola Cabs shuts down international ventures, shifts focus to Indian market

The future of mobility is electric - not just in personal mobility but also for the ride-hailing business, and there is immense opportunity for expansion in India, said the statement

Private equity company Bain Capital sells residual stake in Axis Bank

Among the buyers were a clutch of domestic as well as foreign funds

Private equity firm Bain Capital to sell remaining Axis Bank holding

The price range for the share sale has been set at Rs 1,071 - Rs 1,076 per share, a discount of up to 0.47 per cent to Axis Bank's last close of Rs 1,076 per share

Centre appoints Manoj Panda as member of 16th Finance Commission

Panda's research areas span monitoring and analysis of macro-economic trends and prospects, evaluation of alternative trade and fiscal policy options from the point of view of growth and distribution

Tata Mutual Fund launches six sectoral and thematic index funds

Schemes are based on infra, manufacturing, health care, realty sectors and themes, among others

Consumer confidence for year ahead improves further: RBI survey

Households' sentiments on the general economic situation and employment prospects recorded notable improvements for both the current period as well as the upcoming year

JSW Energy announces completing Rs 5,000 cr QIP to fund growth plans

The company, in a disclosure earlier, had said the proceeds would be used for investments in JSW Neo Energy, a subsidiary which holds green energy assets and repayment of certain borrowings

RBI imposes monetary penalty on IDFC First Bank, LIC Housing Finance

Reserve Bank of India has imposed monetary penalty of Rs 1 crore on private sector lender IDFC First Bank for non-compliance with certain directions issued by regulator on Loans and Advances

Nifty Smallcap 100 extends gains for 11th day; index up 12% since March 19

The index rose 0.84 per cent to 16,355 - the highest close since February 7 - even as the benchmark Nifty50 index ended little changed

Monetary policy: Review of liquidity ratio framework for banks on the cards

Securities that are eligible for the statutory liquidity ratio like central and state government bonds are reckoned as HQLA for the purpose of calculating LCR. Banks have to maintain 100 per cent LCR

Bharti Hexacom IPO subscribed nearly 30 times on the final day

The telecom operator's Rs 4,275-crore issue was the largest in nearly a year

Singapore's Xcelerate picks up strategic stake in governance firm Stirrup

The acquisition by Xcelerate comes at a time when demand for ESG-related advisory and communication services is on the rise following increased regulatory emphasis on ESG disclosures

HDFC foreign legroom rises but misses index provider MSCI threshold

The rally was on the back of an encouraging business update for the March quarter where HDFC Bank's deposit growth remained robust and the loan-to-deposit ratio fell

Bharti Hexacom IPO fully subscribed on the second day of the issue

The price band for the IPO is Rs 542-570 per share. At the top end, the IPO size is Rs 4,275 crore, making it the largest issue in almost a year

GenAI platform Hanooman announces partnership with Abu Dhabi's 3AI Holding

Platform aims to reach 200 mn users in Indian languages after being launched on May 1

Seema Nazareth Award: Media, diplomacy relationship evolving, says Menon

"I first became aware of the role of journalism in diplomacy in Beijing in the early 1970s during the last furious, or rather hectic, days of the Cultural Revolution," he recounted