Suven Life Sciences hit a record high of Rs 99.95 on Wednesday, having rallied 115 per cent thus far in December.
Dinabandhu Mohapatra is a former managing director and CEO of Bank of India
At over 30 per cent capital adequacy, the lender has raised Rs 2,780 crore of debt and Rs 2,577 crore of equity so far in FY21
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It is estimated that about Rs 700 - 900 crore of likely liability may hit the bank
Indiabulls Housing Finance's stock has now fallen below its QIP price
Indiabulls Housing Finance is aiming to raise up to Rs 1,000 crore through a QIP launched on Wednesday as well as partial divestment of its stake in UK-based OakNorth Bank in tranches, sources said.
About 4.8 million shares have changed hands on the BSE, which was 430 per cent higher than the average shares changing hands on the counter on the exchange in the past one week
Stocks of Indiabulls Group are in focus on Thursday, a day after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect
From PM Modi laying foundation stone of Ram Temple, RBI Policy meet likely to keep lending rate unchanged to Airtel signing Amazon deal, here are the top news of the day
All that happened in the markets today
The attrition is in line with the process we follow every year, says company
Sebi has also introduced limits on open positions for going short or long in index derivatives
The bank asserted that its financial health is sound and the Capital to Risk Weighted Assets ratio, the main parameter, is well above the limit prescribed by the RBI
Incremental cost of funds was high at nearly 9 per cent, key financials also remained under pressure in Q3
In the past two years, IBREL has sold commercial assets to Blackstone for around Rs 12,250 crore
The surge in wealth creation in the sector has been led by private banks and non-banking financial companies (NBFCs).
It is, however, still probing the company, one of the country's largest real estate lenders, and has sought two months' time for filing additional affidavit in this matter
Tata Motors, Tata Motors with differential voting right (DVR), Yes Bank and Vedanta will be dropped from the BSE's benchmark Sensex from December 23. In their places, UltraTech Cement, Titan Co Ltd and Nestle India will be added in the index, Asia Index, a joint venture between S&P Dow Jones Indices and the BSE, said in a statement on Friday. Besides, UPL Ltd and Dabur India will find a place in the S&P BSE Sensex 50, replacing Indiabulls Housing Finance and Yes Bank. Among other changes, Indiabulls Housing Finance, Yes Bank, InterGlobe Aviation, SBI Life Insurance Company and Info Edge (India) will make entry in the S&P BSE Sensex Next 50, while Cadila Healthcare, Dabur India, Glenmark Pharmaceuticals, UPL Ltd and Edelweiss Financial Services will be dropped from the index. The changes will be effective from Monday, December 23, 2019, Asia Index said. Apart from these, changes have been made in several indices including S&P BSE 500, S&P BSE 200 and S&P BSE
The ministry's affidavit was filed in response to a PIL by an NGO, Citizens Whistle Blower Forum, alleging financial irregularities by IBHFL