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Hero FinCorp files for Rs 3,668 crore IPO; Akums IPO subscribed over 50x

Among the selling shareholders for Hero FinCorp are AHVF II Holdings (Apollo Management), Apis Growth, Link Investment Trust, and Otter

'Nothing has structurally changed on either food or fertiliser subsidy'

Somanathan responded to a range of queries arising from the Budget and explained the government's thinking, on employment schemes, capital gains indexation and fiscal roadmap and many more

IOB invites EoIs for Rs 1,067 crore bad loans through open offer

ARCs interested in acquiring the bad loans have to complete their due diligence on the accounts by August 12

Infosys says it's in full compliance after Rs 32,000 crore GST notice

The company, in a regulatory filing, said that the demand was towards the expenses incurred by its overseas brand offices for the period from July 2017 to March 2022

BSE shares rise 6% after Sebi proposes stricter derivatives trading rules

SoftBank-backed SaaS platform Unicommerce eSolutions Ltd will launch its initial public offering (IPO) on August 6.

Sundram Fasteners Q1 results: Net profit rises 11% to Rs 142.69 crore

The earnings before interest, depreciation, and taxes (EBITDA) for the quarter were at Rs 223.06 crore as against Rs 197.66 crore during the same period in the previous year

Les Hindous leads the way at Saffronart's 'Passages to India' auction

Rare books, prints, maps, photographs and letters capturing India's journey through time go under the hammer

TVS SCS Q1FY25 results: Net profit at Rs 7.5 cr on growth in revenue

During the quarter, the company made significant strides by securing key new business wins, including partnerships with global OEMs in the commercial vehicle sector in both India and Singapore

Coastal Energen promoters reiterate commitment to one-time settlement

The company said in a statement that the total financial commitment of the promoters to the project is Rs 7,097 crore, including Rs 5,847 crore offered as settlement to banks

Sebi launches chatbot SEVA, Prudent AUM crosses Rs 1 trillion, and more

One of the largest mutual fund (MF) distributors Prudent Corporate Advisory on Monday informed exchanges that its total MF assets under manage­m­ent (AUM) has crossed Rs 1 trillion

Indian Bank Q1 FY25 results: Net profit rises 41% to Rs 2,403 crore

Its operating profit improved by 9 per cent year-on-year (Y-o-Y) to Rs 4,502 crore in June 2024 from Rs 4,135 crore in June 2023

USAID, Takeda Biopharma launch dengue prevention programme across India

The vaccine is already available for children and adults in the private market in Europe, Indonesia, and Thailand, and in some public programmes in Argentina and Brazil

Shriram Finance Q1 FY25 results: Net profit rises 18.6% Rs 2,030 crore

During the period under review, the liquidity coverage ratio was at 225.19 per cent as against 202.84 per cent by the end of June 2023

Vedanta shares gain 3.8% on S&P Global Ratings upgrade of UK parent

Shares of the Mumbai-listed Vedanta closed at Rs 447, up Rs 16.4, or 3.8 per cent over the previous day's close

In India's goal of financial inclusion, banks make 'remarkable progress'

Number of Indians with an account in a formal financial institution increased to 77% in 2021

Bajaj Finserv MF launches largecap fund; Greatdeal settles case with Sebi

Sebi proposed guidelines for CRAs to include detailed reasons for rating actions, especially in cases of default and upgrades of default ratings

National pension system logs 79,000 fresh subscribers in May: NSO

The corporate component of the scheme is voluntary in nature and includes people working in public sector organisations, private limited companies, or public sector banks among others

MP: Investment proposals worth Rs 2,500 crore received in Coimbatore

Announcing the opening of an industry office in Coimbatore, Yadav said that this office would act as a bridge to upsurge business between Madhya Pradesh and Tamil Nadu

Budget 2024: Adequate capital buffers, credit-deposit ratio may weaken

PSBs to develop capabilities to assess MSMEs for credit, reducing external reliance

Union Budget 2024: India's direct tax mopup growing faster than GDP

Simpler TDS structure and tax regime for charities. Changes to reassessment and search provisions and capital gains taxations