Banking

India Inc's Overseas Direct Investment Rises 8.5% To $3.34 Bn In Mar

In the preceding month (February 2022), the outward foreign direct investment was USD 940.62 million Read more

Parl Panel Questions Sebi Chief On NSE Case, Ruchi Soya's Follow On Offer

Sebi Chairperson Madhabi Puri Buch on Tuesday appeared before a parliamentary panel and was questioned on the NSE contro... Read more

Bandhan Bank's Overall Collection Efficiency Ratio Stands At 96%

The overall collection efficiency ratio (CER) of private lender Bandhan Bank stood at 96% at the end of FY 2021-22, agai... Read more

Poonawalla Fincorp AUM Grows 17% To Rs 16,575 Crore In FY22

The finance company has set a target of having AUM of about Rs 45,000 crore by 2025. Read more

Zoom Opens Technology Centre In Chennai; Second In The Country

The company has two data centres in Mumbai and Hyderabad, a company statement said Read more

US-based Nithia Capital Acquires Steel Maker CREST For Rs 600 Crore

CREST is an integrated plant with a sponge iron capacity of 225 kilo tonne per annum (KTPA) Read more

Marico Expects Low Single-digit Growth In India Revenue In Q4 FY22

FMCG major Marico said its domestic business in the January-March quarter stayed relatively firm, helped by "low single-... Read more

Tata Steel Output Falls 3% To 7.57 MT In Q4; Sales Jump 4% To 7.82 MT

Its total sales, however, rose by over 4 per cent to 7.82 MT in the fourth quarter, from 7.51 MT in the year-ago period Read more

India Inc Raises A Record Green Capital Of $19 Billion In 2021

India Inc has raised a record USD 19 billion in green capital in 2021, led by Wall Street major Bank of America, which i... Read more

Motherson In Race For Marelli Holdings' Restructuring: Report

Motherson has partnered with US investment fund KKR to negotiate with Marelli on the terms and conditions of support ahe... Read more

Nazara Technologies Invests $2.5 Mn In US-based Bitkraft Ventures

The announcement comes at the back of its recent partnership with Griffin Gaming Partners, in which Nazara has committed... Read more

Phool Raises Rs 60 Cr From Sixth Sense Ventures, Alia Bhatt, IAN Fund

The money was raised in a series A round which also saw participation from existing investors -- actor Alia Bhatt and IA... Read more

Milk Prices To Remain Firm Going Forward, Says Amul MD

Dairy major Amul feels prices will remain "firm" going forward due to increased pressure from energy, logistics and pack... Read more

Carlyle Sells 2.78% Stake In SBI Cards For Rs 2,229 Cr

CA Rover Holdings, an affiliate firm of the Carlyle Group, sold a total of 26.17 million shares at Rs 852 apiece, shows ... Read more

Surge In Raw Material Cost Pushes Steel Prices To New High In April

Raw material prices had been on the rise, but since Russia waged war on Ukraine, prices surged. Read more