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BS Reporter

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Zee, Sony agree to sell three Hindi channels to address CCI concerns

Big Magic, Zee Action and Zee Classic are all part of Zee network; the merging firms have a combined viewership share of 36% in Hindi general entertainment, and 33% in Hindi movies

Zee, Sony agree to sell three Hindi channels to address CCI concerns
Updated On : 26 Oct 2022 | 10:02 PM IST

Motilal Oswal invests Rs 260 cr in 3 projects of Urbanrise-Alliance Group

The total saleable area in these three projects would extent to 6.2 million square feet and is expected generate a revenue of Rs 4,600 crore

Motilal Oswal invests Rs 260 cr in 3 projects of Urbanrise-Alliance Group
Updated On : 21 Oct 2022 | 11:52 PM IST

Merger of PSBs haven't impacted financial inclusion adversely: RBI

Preserving financial system stability an overriding objective for regulators says deputy governor Rajeshwar Rao

Merger of PSBs haven't impacted financial inclusion adversely: RBI
Updated On : 21 Oct 2022 | 11:43 PM IST

Karur Vysya Bank net profit up 52% at Rs 250 cr in Q2, deposits grow

NPA declines to Rs 2,457 crore, compared to Rs 3,972 crore a year ago

Karur Vysya Bank net profit up 52% at Rs 250 cr in Q2, deposits grow
Updated On : 21 Oct 2022 | 11:20 PM IST

RBI lifts ban on new branches by Tamilnad Mercantile Bank

At present, the bank has 509 branches -- 106 rural, 247 semi-urban, 80 urban and 76 in metropolitan

RBI lifts ban on new branches by Tamilnad Mercantile Bank
Updated On : 21 Oct 2022 | 8:52 PM IST

Hindustan Zinc Q2 net profit rises 33% to Rs 2,680 crore; revenue up 36%

Shares of Hindustan Zinc were up 0.88 per cent to Rs 280 apiece on the BSE at the close of trade on Friday

Hindustan Zinc Q2 net profit rises 33% to Rs 2,680 crore; revenue up 36%
Updated On : 21 Oct 2022 | 7:02 PM IST

Poonawalla Fincorp Q2 results: Net profit rises 70.8% to Rs 163 cr

Net interest income for reporting quarter grew by 33 per cent at Rs 446 per cent

Poonawalla Fincorp Q2 results: Net profit rises 70.8% to Rs 163 cr
Updated On : 21 Oct 2022 | 6:48 PM IST

ADIA, KKR, Brookfield to invest in UPL companies as restructuring move

KKR, the US-based private equity firm, will separately invest Rs 2,460 crore to pick up a 13.33 per cent stake in Advanta Enterprises, a subsidiary of UPL.

ADIA, KKR, Brookfield to invest in UPL companies as restructuring move
Updated On : 21 Oct 2022 | 5:22 PM IST

Wipro appoints Suzanne Dann as CEO for Americas 2 Strategic Market Unit

In her new role, Dann will focus on increasing bookings, large deal signings, and revenue in high-growth strategic areas.

Wipro appoints Suzanne Dann as CEO for Americas 2 Strategic Market Unit
Updated On : 20 Oct 2022 | 11:29 PM IST

South Indian Bank posts net profit of Rs 223 crore in second quarter

Murali Ramakrishnan, MD and CEO of the Bank, while announcing the results, stated that the strategy of realigning the business by the bank had contributed to the above improved performance

South Indian Bank posts net profit of Rs 223 crore in second quarter
Updated On : 20 Oct 2022 | 11:26 PM IST

Saurabh Agrawal takes over as Tata Power Renewable Energy's chairman

Three more directors including Eduard Ruijs, the Managing Director and Head of the London based BlackRock Global Infrastructure Fund team, also joined the board.

Saurabh Agrawal takes over as Tata Power Renewable Energy's chairman
Updated On : 20 Oct 2022 | 11:04 PM IST

Tracxn Technologies stock gains on NSE debut, up 17.7% at Rs 94.20 apiece

The stock of the data processing services company got listed at Rs 84.50, a Rs 6 per premium, to its issue price

Tracxn Technologies stock gains on NSE debut, up 17.7% at Rs 94.20 apiece
Updated On : 20 Oct 2022 | 10:59 PM IST

IT governance rules: RBI releases draft guidelines for regulated entities

The framework will specify the role and responsibilities of the board of directors and the senior management of the entity.

IT governance rules: RBI releases draft guidelines for regulated entities
Updated On : 20 Oct 2022 | 10:05 PM IST

Suzlon Energy rights issue subscribed 1.8 times, stock down 3.7%

The company is issuing 2.4 billion new shares, at Rs 5 apiece, through the rights issue

Suzlon Energy rights issue subscribed 1.8 times, stock down 3.7%
Updated On : 20 Oct 2022 | 8:51 PM IST

HCL founder Shiv Nadar gets USISPF's Lifetime Achievement Award 2022

Bilateral non-profit organisation honours billionaire for his contribution to technology industry and philanthropy

HCL founder Shiv Nadar gets USISPF's Lifetime Achievement Award 2022
Updated On : 20 Oct 2022 | 3:19 PM IST

Satya Nadella to visit India in Jan 2023, first in nearly 3-years

Nadella, was conferred with India's third highest civilian award, the Padma Bhushan earlier this year for his distinguished services

Satya Nadella to visit India in Jan 2023, first in nearly 3-years
Updated On : 20 Oct 2022 | 2:57 PM IST

Wipro Consumer Care-Ventures invests in Indonesia based start-up, YOUVIT

The brand is focused on creating premium quality, yet affordable, products to support the daily lifestyle needs of the consumers

Wipro Consumer Care-Ventures invests in Indonesia based start-up, YOUVIT
Updated On : 20 Oct 2022 | 12:19 AM IST

Piramal Pharma ends at Rs 192 on debut, valued at Rs 22,882 cr at close

Domestic brokerage Motilal Oswal has set a price target of Rs 210 for the stock

Piramal Pharma ends at Rs 192 on debut, valued at Rs 22,882 cr at close
Updated On : 19 Oct 2022 | 11:16 PM IST

Major asset management companies report muted results in second quarter

Revenue from operations remains flat for HDFC AMC and Nippon Life AMC in the previous quarter

Major asset management companies report muted results in second quarter
Updated On : 19 Oct 2022 | 10:31 PM IST

Suzlon rights issue subscribed 90% a day ahead of close, stock up 20%

The company is issuing 2.4 billion new shares at Rs 5 apiece; proceeds will be used pare debt, which currently stands at Rs 3,272 crore

Suzlon rights issue subscribed 90% a day ahead of close, stock up 20%
Updated On : 19 Oct 2022 | 6:24 PM IST