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NSE IPO: NIACL, IFCI, other stocks gain up to 14% as NSE files for India's largest IPO. Who's selling stake?Shares of IFCI, SBI, and other companies saw significant gains on Thursday. This surge followed the National Stock Exchange filing its draf...- LIC targets stronger market leadership as it approaches its platinum jubileeLIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national developmen...
- RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD depositsBanks are aggressively increasing interest rates on NRI dollar deposits. This move follows a special RBI dispensation to boost foreign curr...
- Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
- Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fundSubahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in buildin...
- Central Bank to launch GIFT city branch next month: MDCentral Bank of India is set to launch its IFSC Banking Unit at GIFT City next month with an aim to expand its international banking operat...
- Small & midcaps rally! Coforge, Ola Electric, FirstCry & other stocks jump up to 7%Small and midcap stocks rose sharply on Tuesday, lifting broader markets and outperforming benchmarks. Coforge led midcap gains, while Ola ...
- Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
- Forget the noise: These 54 smallcap stocks attracted FII buying in March quarterForeign institutional investors are strategically buying into beaten-down smallcap stocks in India, increasing stakes in 54 companies despi...
- ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...
- Technophiles India hosts Dine with AlphaSec III in Mumbai, bringing together India’s cybersecurity leaders to address emerging digital risks
- As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
- Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...
- Banks pay near 2-year high rates on CDs amid tight liquidityBanks are paying significantly higher rates for certificates of deposit, reaching near two-year highs. This reflects intense competition fo...
- IDBI Bank signs pact to transfer mutual fund schemes to LIC MF"In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby advise that on December 29, 2022, a Scheme Transfer Agreement (S...
- RBI nixes Muthoot Finance's plan to acquire IDBI Mutual FundMuthoot Finance had proposed to purchase 100 equity shares of IDBI AMC and IDBI MF Trustee Company held by the sellers for a total consider...
- IDBI Bank gets shareholders' nod to raise Rs 10,000 croreIDBI Bank said among the resolutions passed at the AGM were the issue of shares aggregating up to Rs 5,000 crore through various modes of i...
- IDBI MF launches 'IDBI Debt Opportunities Fund'IDBI Mutual Fund launched 'IDBI Debt Opportunities Fund, which is an open-ended income scheme, with a focus on generation of interest incom...
- IDBI set to raise $1 bn via bond sale overseasThe first tranche of about $250-300 million could be sold in January with a tenure of as much as five years to meet credit demand as compan...
- IDBI Bank in talks with government for rights issueIDBI Bank is in discussions with the Govt to examine various fund raising options including a rights issue to fuel its expansion plans in t...
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