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BOARD APPROVAL
BoFA deal to get regulatory go-ahead by December; Jio Credit's product plans, strategy to be redrawn: JFSJio Credit expects regulatory approvals for its Rs 18,268 crore fund raise by December. This capital infusion will enable Jio Credit to re-...- Indian Bank to enter life insurance business, soon to seek board nodIndian Bank plans to enter life insurance and asset management sectors soon. The bank is seeking board approval for these proposed new vent...
- HDFC Bank submits two names to RBI for CEO post, strengthens board-level leadershipHDFC Bank has submitted two preferred candidates for its next MD and CEO to the Reserve Bank of India. The bank's board approved these cand...
- HDFC Bank submits two candidates to RBI for next CEOIndia's largest private lender HDFC Bank has submitted the names of two candidates to the Reserve Bank of India for the position of man...
- HDFC Bank sends two names to RBI for Jagdishan’s successor as MD & CEOHDFC Bank's board has recommended two candidates for the next MD and CEO role. These proposed appointments are for a three-year term, pendi...
- Keralam power crisis: Government, Oppn trade charges over shortageKerala's ruling UDF and opposition LDF governments are exchanging accusations regarding the current power shortage. Electricity Minister Su...
- Sebi imposes Rs 2 lakh penalty on Emami Realty for regulatory lapsesSebi has imposed a Rs 2 lakh penalty on Emami Realty for regulatory lapses involving a related-party loan and the classification of investm...
- Continental Securities plans fresh capital raise to fund expansionContinental Securities aims to boost its business expansion through targeted fundraising, specifically focusing on its mutual fund and gold...
- Coforge shares rise 2% as Nuvama, other brokerages say concerns around Chairman's resignation are overdoneCoforge shares recovered after brokerages retained Buy calls, saying concerns over Chairman Om Prakash Bhatt’s resignation are overdone. Nu...
- RBI approves ICICI Prudential AMC’s up to 9.95% stake buy in AU Small Finance BankThe Reserve Bank of India has approved ICICI Prudential Asset Management Company's proposal. This approval allows an aggregate holding of u...
- Sebi proposes wider pool of MII board candidates, SOP for key officialsSebi has proposed governance reforms for market infrastructure institutions, including relaxed director eligibility rules and standardised ...
- Nexus Select Trust to acquire Galaxy Infra Creations for Rs 1,600 croreNexus Select Trust is set to enter the thriving consumption markets of northeast India with the acquisition of a shopping mall and a Hyatt ...
- Four banks including RBL and Bank of Maharashtra line up overseas fund raiseRBL Bank and Bank of Maharashtra are actively promoting dollar bonds in international markets as they look to refinance short-term loans ac...
- ASM Tech shares rally 10% to record high as Radhakishan Damani, Mukul Agrawal join Rs 526-crore preferential issueASM Technologies share price rallied sharply on Wednesday to hit a record high after the company approved a Rs 526-crore preferential issue...
- Want a govt job in Maharashtra? New 5% job quota policy could open up more opportunities for athletesRevised job quota policy: Maharashtra’s Cabinet has approved a revised five per cent sports quota policy for government jobs. The new polic...
- RBL Bank to raise up to USD 1 bn from overseas investorsRBL Bank's board has given the green light to raise up to one billion US dollars from foreign investors via a Euro Medium Term Note Program...
- Indian Bank to open representative office in Dubai to expand foreign operationsIndian Bank plans to open a representative office in Dubai after receiving board approval, targeting business from the large Indian diaspor...
- Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industryVolkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...
- Tata Sons readies fresh ₹10,000 crore bet on Air India as losses mount, but T&C applyTata Sons' board approved over Rs 10,000 crore for Air India's capital infusion. This significant funding is contingent upon business cases...
- Persistent Systems shares fall over 3% as board gives nod for $1.25 billion fundraise. Check detailsPersistent Systems approved plans to raise up to $1.25 billion through debt and up to $450 million via equity-linked instruments, subject t...
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