Banking

Equity Fund Raising Rises 88% To $32.7 Bn In First 9 Months Of 2020

This is already a record year for amount mobilised through the equity capital markets (ECM), topping $31.2 billion raise... Read more

Housing Supply Down Nearly 60% In Jan-Sept Across Top 7 Cities: Report

New supply of residential properties fell nearly 60 per cent in January-September this year as low demand due to Covid-1... Read more

Will Recover Money From LVB, Officials Won't Be Pardoned: Religare Chief

Religare Enterprises has said its NBFC arm Religare Finvest will be able to fully recover its fixed deposits, with an in... Read more

Indian IT Firms To Gain As US Court Blocks Trump Ban On H1B, Work Visas

Order says US President "exceeded his constitutional authority" in his move to ban issuance of non-immigrant visas aimed... Read more

Warburg Pincus Invests Rs 700 Cr To Acquire Stake In Home First Finance

Home First Finance, True North-backed affordable housing finance firm, said it has entered into an agreement with Warbur... Read more

Mahindra Commences Bookings For The New Thar Priced Between Rs 9.8-13 Lakh

The new generation Thar is available in 2-litre petrol and 2.2-litre diesel variants and deliveries will start from Nove... Read more

Investor Body Slams Amfi For Not Protecting Franklin Templeton Unit Holders

CFMA alleged that Amfi was undermining a lawfully registered FIR against FTMF when it was not privy to the forensic audi... Read more

Margins Under Pressure, Steel Industry Seeks Ban On Exports Of Raw Material

The domestic secondary steel industry contributes nearly 55 per cent to the total production of the alloy in the country Read more

Warburg Pincus Invests Rs 700 Cr To Acquire Stake In Home First Finance

Affordable housing financier Home First Finance said it has entered into definitive agreements with an affiliate of glob... Read more

Royal Enfield's Total Sales Increase 1% To 60,041 Units In September

Motorcycle maker Royal Enfield on Friday reported a 1% increase in its total sales at 60,041 units in September Read more

TVS Supply Chain Set To Launch Rs 1,100-crore Warehousing Venture

The UK government's investment arm CDC is pumping in $50 million (Rs 369 crore), said sources Read more

Mubadala Picks Up 1.4% Stake In Reliance Retail For Rs 6,247 Crore

This would take the combined investment by Silver Lake and its co-investors in Reliance Retail to Rs 9,375 crore in exch... Read more

Embassy REIT Raises Rs 750 Crore Through Debentures In September Quarter

Embassy Office Parks REIT is the country's first Real Estate Investment Trust (REIT), which was launched last year to ra... Read more

Hero MotoCorp Appoints Former Air Chief BS Dhanoa As Independent Director

The company has also appointed Sanjay Bhan as Head of Global Business to pursue rapid expansion and consolidation in the... Read more

VIL Gets Shareholders' Nod To Raise Borrowing Limit, Issuance Of Securities

Shareholders of the company, which was earlier listed as Idea Cellular, had approved a borrowing limit of Rs 25,000 cror... Read more