HDFC Life posts 14% rise in Sept quarter profitValue of new business (VNB) margin expanded 20 basis points to 24.7% against 24.5% a year ago. One basis point is a hundredth of a percenta...
Jubilant Pharmova block deal: Quant Mutual Fund offloads Rs 190 crore stake amid Rs 800 crore fundraising plan; Abakkus buys 11 lakh sharesQuant Mutual Fund sold 20.81 lakh shares of Jubilant Pharmova worth Rs 190.47 crore in bulk deals, while Abakkus Four2Eight Opportunities F...
PNB Housing sees 5-8 bps NIM gain from RBI rate hike, says CEO Ajai ShuklaPNB Housing Finance anticipates a minor enhancement in net interest margin due to the Reserve Bank's recent rate hike. The lender's margin ...
IBL Finance proposes public issue of NCDs worth up to Rs 50 croreIBL Finance Ltd is gearing up for a public issuance of secured non-convertible debentures amounting to Rs 50 crore. This issuance includes ...
Sebi unveils six-tier credit risk-o-meter for debt securitiesThe Securities and Exchange Board of India is introducing a mandatory colour coded credit risk-o-meter for debt securities. This new meter ...
Adani Enterprises gets rating upgrade from CARE Ratings to AA; Stable; shares up 21% in 2026Adani Enterprises secured its highest-ever credit rating after CARE Ratings upgraded its long-term rating to CARE AA; Stable from CARE AA-;...
Jio Platforms IPO: Rs 37,700 crore issue likely to open on Oct 21Jio Platforms is preparing to launch what is anticipated to be India's largest initial public offering. Scheduled around Dussehra, the IPO ...
Anupam Rasayan eyes US, Europe pharma push after Bliss deal, one-third revenue from drugsAnupam Rasayan India Ltd anticipates significant growth in its pharmaceutical segment over the next three years. The company expects pharma...
DIAL raises 3,500 crore to refinance $522.6 m dollar bondsDelhi International Airport Ltd has successfully raised ₹3,500 crore through 15-year rupee-denominated non-convertible debentures. This fin...
Cube Highways Trust secures Rs.1,150 crore through AAA-rated NCDsCube Highways Trust has triumphantly secured Rs. 1,150 crore by issuing senior secured NCDs, boasting a competitive coupon rate of 7.50% pe...
These large-, mid- & small-cap stocks can give more than 20% return in 1 year, according to analystsOil prices are still up, and so are bond yields, both in the US and in other major markets. And fresh troubles seem to crop up somewhere or...
Rs 9.91 lakh income tax refund for senior citizen after proving that he mistakenly paid income tax on tax-free bonds; ITAT Delhi order explainedMr Ajay Kumar Bakaya a senior citizen from Gurgaon faced a significant tax issue when he accidentally overpaid income tax on his tax-free b...
Stocks in news: Tata Steel, KPI Green Energy, NLC India, Poonawalla Fincorp and Cummins IndiaIndian equity benchmarks faced a decline as both the Nifty 50 and BSE Sensex hit six-month lows. The Nifty 50 saw a drop of 64.05 points, o...
Washington State Investment Board backed fund exits Rs 550 crore investment in Noida’s Dasnac groupKautilya Finance has successfully exited its investment in New Delhi-based Dasnac, realizing cash proceeds of Rs 550 crore. The investment ...
Stocks in news: Tata Group, ITC, IRFC, NCC, Zydus Lifesciences and JSW EnergyThe Indian equity markets faced a significant downturn, with benchmark indices slipping past vital support thresholds. The Nifty 50 saw a d...
Clean Max Enviro Energy raises Rs 2,500 cr via green bondsIn a significant financial move, Clean Max Enviro Energy successfully raised Rs 2,500 crore by issuing green debt securities. The offering ...
Embassy REIT raises Rs 1,000 cr via debentures to refinance debtEmbassy Office Parks REIT has effectively secured Rs 1,000 crore via non-convertible debentures, aimed at refinancing its existing debts an...