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HDFC raises home loan interests by 30 bps after RBI's repo rate hike

For new customers, on loans upto Rs 30 lakh, interest rate charged will be 7.10 per cent.

HDFC raises home loan interests by 30 bps after RBI's repo rate hike
Updated On : 07 May 2022 | 1:23 PM IST

Lakshmi Venu takes over as MD of auto parts maker Sundaram-Clayton

She managed to turn the firm around, make it a competitive foundry globally, building deep customer ties with Cummins, Hyundai, Volvo, Paccar and Daimler

Lakshmi Venu takes over as MD of auto parts maker Sundaram-Clayton
Updated On : 07 May 2022 | 1:49 AM IST

RBI gives go-ahead to Equitas reverse merger plan with certain riders

Asks Equitas Holdings to divest shareholding in its subsidiary, Equitas Technologies, prior to the scheme taking effect

RBI gives go-ahead to Equitas reverse merger plan with certain riders
Updated On : 07 May 2022 | 1:09 AM IST

CSB Bank Q4 net up over two-fold YoY to Rs 131 cr, asset quality improves

FY22 net also doubles from Rs 218.40 cr in FY21 to Rs 458.49 cr in FY22

CSB Bank Q4 net up over two-fold YoY to Rs 131 cr, asset quality improves
Updated On : 07 May 2022 | 12:11 AM IST

Lower provisions drive Federal Bank Q4 net up 13% to Rs 541 cr

NIM of the lender rose 7.38% to Rs 1,525.21 crore in Q4FY22, from Rs 1,420.37 crore in the year-ago period

Lower provisions drive Federal Bank Q4 net up 13% to Rs 541 cr
Updated On : 07 May 2022 | 12:07 AM IST

Delhivery may make it to FTSE index in Dec, MSCI India by next May: Analyst

The stock, however, is unlikely to get added to the benchmark Nifty and Sensex indices anytime soon, he says .

Delhivery may make it to FTSE index in Dec, MSCI India by next May: Analyst
Updated On : 06 May 2022 | 11:49 PM IST

LIC IPO subscribed 1.4 times on day 3 on interest by policyholders, staff

The policyholder quota was subscribed 4 times, employee portion 3.1 times and retail individual investor quota 1.23 times

LIC IPO subscribed 1.4 times on day 3 on interest by policyholders, staff
Updated On : 06 May 2022 | 11:46 PM IST

Delhivery's Rs 5,235-cr IPO to open on May 11; price band set at Rs 462-487

Logistics company's anchor allotment on May 10 will demonstrate interest among investors for tech startups, say experts.

Delhivery's Rs 5,235-cr IPO to open on May 11; price band set at Rs 462-487
Updated On : 06 May 2022 | 7:33 AM IST

RBI asks ASBA designated bank branches to remain open on Sunday for LIC IPO

LIC's IPO will remain open for subscription even on the weekend, given the large amount the government is looking to raise from the market

RBI asks ASBA designated bank branches to remain open on Sunday for LIC IPO
Updated On : 06 May 2022 | 2:30 AM IST

Rule changes on client fund access have boosted transparency: NSE

Sebi has barred brokers from using one client's collateral to fund another's margins: one of several steps taken to protect investors.

Rule changes on client fund access have boosted transparency: NSE
Updated On : 06 May 2022 | 12:24 AM IST

Future Enterprises sells 25% stake in joint venture insurance firm

Future Enterprises has defaulted on repayment of Rs 2,911.51 crore of loans to lenders

Future Enterprises sells 25% stake in joint venture insurance firm
Updated On : 06 May 2022 | 12:23 AM IST

Prudent Corporate Advisory Services prices IPO at Rs 595-630 per share

The Ahmedabad-based firm's IPO will open from May 10 to May 12

Prudent Corporate Advisory Services prices IPO at Rs 595-630 per share
Updated On : 06 May 2022 | 12:07 AM IST

CIFCL Q4: Net profit up 184% to Rs 690 cr, total income rises 6%

Performance was aided by strong signs of recovery in the auto and mortgage industries.

CIFCL Q4: Net profit up 184% to Rs 690 cr, total income rises 6%
Updated On : 05 May 2022 | 11:14 PM IST

NTT India launches hyperscale data centre campus NAV1A in Navi Mumbai

The investment that one hyperscale data centre requires is anywhere between $100-$150 million, said Sharad Sanghi, MD, NTT India

NTT India launches hyperscale data centre campus NAV1A in Navi Mumbai
Updated On : 05 May 2022 | 1:31 PM IST

EIH Chairman PRS Oberoi steps down, nephew Arjun Singh Oberoi takes over

The veteran hotelier is credited with making Oberoi a brand to reckon with steps down owing to ill health

EIH Chairman PRS Oberoi steps down, nephew Arjun Singh Oberoi takes over
Updated On : 05 May 2022 | 10:26 AM IST

Pfizer sets up drug development centre at Chennai's IIT Research Park

The centre integrates two essential functions under the export-oriented undertaking of Pfizer: Pharmaceutical Sciences (PharmSci) and Global Technology and Engineering (GT&E) Centre of Excellence.

Pfizer sets up drug development centre at Chennai's IIT Research Park
Updated On : 05 May 2022 | 9:34 AM IST

Bombay HC allows Indiabulls Housing Finance appeal to quash FI

'We believe that the lodgment of the complaint against the petitioners and continuity of the proceedings, is an abuse of process of law', the high court said in its judgement

Bombay HC allows Indiabulls Housing Finance appeal to quash FI
Updated On : 05 May 2022 | 2:13 AM IST

State Bank of India to raise $2 billion through overseas bonds in FY23

The executive committee of the Bank's central board will meet on May 10 to examine the status and decide on long term fund raising in single/multiple tranches, the bank informed BSE

State Bank of India to raise $2 billion through overseas bonds in FY23
Updated On : 05 May 2022 | 2:06 AM IST

Upskilling, reskilling of workforce topmost priority for India HR: Study

Mercer's 2022 Global Talent Trends study highlights that difficulty in hiring the right talent, at the right price, and in time remains a top concern in 2022

Upskilling, reskilling of workforce topmost priority for India HR: Study
Updated On : 04 May 2022 | 9:52 PM IST

NTAGI meeting on vaccination for 5-12-year-olds inconclusive: Sources

Last month regulator had approved Serum Institute's Covovax and Biological E-made Corbevax, but at today's meet took no decision on expanding the programme for this lot

NTAGI meeting on vaccination for 5-12-year-olds inconclusive: Sources
Updated On : 04 May 2022 | 8:59 PM IST