Home First IPO Subscribed 2.2 Times On Substantial Retail Interest
The retail portion of the issue was subscribed 3.4 times, while institutional investor portion was subscribed 1.4 times Read more
Grasim To Enter Paints Business With Rs 5,000 Cr Initial Investment
Will take on the likes of Asian Paints, Nerolac in a sector that has registered a revenue CAGR of 11% between FY14 and F... Read more
Gujarat, APSEZ Ink Pact For Country's Largest Multi-modal Logistics Park
Nearly 1,500 acres park to attract investments worth Rs 50,000 crore in logistics, transport Read more
SBI Life Q3 Net Down 40% Despite Surge In Investment, Premium Income
Net premium income up almost 18%, revenue from investment rises more than 3x Read more
Adani Total, Torrent Pay Rs 3.7 Cr Each For 5% Stake In Indian Gas Exchange
IGX now has 16 members and over 500 registered clients. With three physical hubs, the exchange has already traded 75,000... Read more
Not Viable: Alphabet Closing Loon, A Balloon Alternative To Cell Towers
Founded in 2011, Loon aimed to bring connectivity to areas of the world where building cell towers is too expensive or t... Read more
IL&FS Board Addresses Nearly Rs 32,000 Crore Of Debt By December
Last year, in June, the board of IL&FS laid down a road map to resolve 57 per cent of the group's nearly Rs 1 trilli... Read more
Market Reacts Negatively To Biocon's Weaker Results, Exit Of Biologics' MD
Analysts have raised doubts over the $1 billion guidance for biosimilars by FY22 and Hamacher's exit due to "professiona... Read more
Adani Total Gas, Torrent Gas Invest In IGX, Acquire 5% Stake Each
The IGX is an arm of IEX and first authorised gas exchange in the country Read more
HDFC Stock Falls After Sebi Imposes Rs 1 Cr Fine For Violating Directions
On the BSE, shares of the private lender were trading at Rs 1,453.35 apiece, falling 1.39 per cent over the previous clo... Read more
Apple, Google, Other US Business Groups Applaud Biden's Immigration Reforms
Apple CEO Tim Cook welcomed President Biden''s "commitment to pursuing comprehensive immigration reform that reflects th... Read more
CBI Books Cambridge Analytica, Global Science Over Illegal Data Harvesting
Facebook reported the leak of personal data of nearly 562.000 Indians users by the UK data firm Read more
Bajaj Finance Has Enough Headroom To Withstand Moderate Downside Risks: S&P
BFL's credit costs will stay elevated at about 5 per cent in fiscal 2021 and improve to 2.5-2.7 per cent of total loans ... Read more
Falling Cash Flow: AirAsia Group To Raise $113 Mn Via Private Placement
AirAsia said it will continue to explore other fundraising options or corporate proposals to improve the group's financi... Read more
Franklin Templeton's Closures Reflect Poorly On India's Capital Markets
Failures like IL&FS, Yes Bank and Templeton have been absorbed by the Indian financial system, but at a cost Read more