Banking

UltraTech, JSW Lost Ambuja Race Due To CCI Concerns: Holcim CEO

The CEO said the smoothness of the execution of such a transaction was a major factor in taking the decision. Read more

Luxury Watch Player Ethos Gets Rs 142 Cr From Anchor Investors Ahead Of IPO

Luxury and premium watch retail player Ethos on Tuesday said it has raised around Rs 142 crore from anchor investors ahe... Read more

LIC Debut Is 2nd Worst Among 11 Global Firms That Raised Over $1 Bn In 2022

The poor listing is set to disappoint millions of small-time investors who bid enthusiastically for the issue because of... Read more

Go First Plans IPO Of Up To Rs 3,600 Cr By July After Deferring For Months

The airline plans to increase daily flights, add 10 new aircraft by March 2022 Read more

NCLT Kolkata Dismisses Kanoria Application Against KPMG Forensic Report

Sources say tribunal also rejected contempt petition filed by Kanoria after Punjab & Sind Bank declared the account ... Read more

Paradeep Phosphates IPO Gets 29% Subscription; Retail Portion Booked 57%

The initial public offer of Paradeep Phosphates was subscribed 29 per cent on the first day of subscription on Tuesday. ... Read more

Dr Lal Pathlabs Q4 Consolidated PAT Dips 27% To Rs 62 Cr, Stock Sheds 1%

Operating revenue rose 12.7% during the quarter to Rs 485.5 cr; Covid-19 and allied segments added roughly 13.6% to Q4 t... Read more

Govt Weighs Selling Part Of BPCL Instead Of Entire Stake: Report

New Delhi is considering inviting bids for a 20%-25% stake in BPCL, instead of an outright sale of its entire 52.98% hol... Read more

Airtel Q4 Net Up 3x To Rs 2,008 Cr On Tariff Hike, Exceptional Income

Consolidated revenue rises 22.3% YoY to Rs 31,500 crore, ARPU up 9.2% sequentially and over 22% YoY to Rs 178 Read more

SAIL Supplied 4,300 Tn Special Steel For Indigenous Navy Warships: Official

Steel Authority of India Ltd has supplied 4,300 tonnes of special steel for India's indigenous navy warships INS Udaygir... Read more

DLF Q4 Net Profit Declines 16% To Rs 405 Cr; Total Income Falls 13%

Realty major DLF on Tuesday reported a 16 per cent decline in its consolidated net profit to Rs 405.33 crore for the qua... Read more

IOC Posts Highest Revenue By Any Indian Company, Record Profit In FY22

Standalone net profit of Rs 6,021.88 crore, or Rs 6.56 a share, in January-March, compared with Rs 8,781.30 crore, or Rs... Read more

Saint-Gobain, Sembcorp Sign Green Energy Supply Deal For Indian Units

Construction materials giant Saint-Gobain has signed a long-term renewable power supply deal with Singapore-listed Sembc... Read more

Jet Airways Successfully Conducts Proving Flights: Jalan-Kalrock Consortium

Jet Airways has successfully operated all proving flights and is now looking forward to the grant of air operator certif... Read more

Piramal Group Chairman Awarded For Services To UK-India Trade Relationship

Piramal Group Chairman Ajay Piramal has received the prestigious Commander of the Order of the British Empire (CBE) awar... Read more