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STRATEGIC SALE OF IDBI BANK
Govt achieves 78 pc of FY27 divestment, asset monetisation Budget target in Apr-AugThe government has achieved about 78% of its ₹80,000-crore FY27 disinvestment and asset monetisation target within five months. It has rais...
Close to clearing NSE IPO: Sebi Chief Tuhin Kanta PandeyNSE's valuation in the unlisted market is around ₹5 lakh crore, potentially catapulting it to India's top-ten market capitalization leader-...
NSE IPO: Sebi approval likely soon, says chairman Tuhin Kanta PandeyNSE’s much-awaited IPO could be nearing launch as Sebi chairman Tuhin Kanta Pandey says approval of its DRHP is close. The entirely offer-f...
Pernod Ricard India sales rise 7% in FY26; IPO plan under discussionPernod Ricard reported seven percent sales growth in India for fiscal year twenty twenty six. The company is discussing a potential initial...
India’s budget math brightens with asset sales target in sightIndia's fiscal position has improved significantly from earlier concerns. The government is set to exceed its asset sale target for the fir...
AI, entrepreneurship, and scalability take centre stage at ET Business Growth Summit in BengaluruWith the industry’s who’s who in attendance, the event explored the opportunities and challenges shaping businesses in a rapidly changing w...
High spirits: Onam liquor sales in Kerala cross Rs 700 crore in 8 daysKerala's state-run Bevco has achieved record liquor sales during the Onam festival. Sales reached Rs 770 crore in the first eight days of t...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities reversed morning gains to close sharply lower, with Sensex falling 183 points and Nifty declining 0.52%. IT stocks weakened...
SoftBank mulls up to $20 billion bond sale for OpenAI financingSoftBank Group is in talks with investment banks about a potential $10 billion to $20 billion bond offering to help refinance a loan for it...
India adds 1.26 million credit cards in July as spending rises; HDFC, SBI lead the wayhealthy demand Industry card additions rise 11.5% over June; Card spends hold above ₹2 lakh-crore mark; Transaction volumes surge but the v...
Federal Bank falls 3% on report of Jana Small Finance Bank stake acquisitionFederal Bank shares fell nearly 3% after reports that the lender may acquire a controlling stake in Jana Small Finance Bank. The deal could...
Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
Vishal Mega Mart among 4 stocks showing bullish RSI upswingOn August 24, four Nifty500 stocks that gained 4% were identified using the RSI Trending Up scan, based on data from StockEdge.com. An uptr...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities ended lower after erasing early gains, with Sensex falling 172 points and Nifty 33 points. Rising bond yields, Iran sanctio...
India to give Canada's Fairfax two years to consolidate holdings for IDBI Bank deal: SourcesFairfax Financial may receive two years to consolidate its Indian bank holdings. This consolidation is necessary for its acquisition of a m...
HDFC Bank's record dollar bond sale makes it top issuer under RBI windowHDFC Bank has achieved a remarkable feat by securing $1.75 billion through a dual-tranche dollar bond issuance, marking the largest single ...
Lupin arm to commercialise YUVEZZI eye drop across key European marketsLupin's VISUfarma BV has secured exclusive rights for YUVEZZI in key European markets. This ophthalmic product treats loss of clear close-u...
No takers: Public sector banks put ₹39,000 cr of bad loans up for sale againPublic sector banks offered many bad loans previously for sale. Nearly eighty percent of these loans were repeat sale attempts. Indian Over...
Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positionsA parliamentary committee highlighted a significant 43 percent vacancy rate within DIPAM. This shortage severely impacts the department's a...
Centre unlikely to dilute strategic sale list despite ministries’ push for reviewThe government plans to proceed with its strategic sale of public sector enterprises. Ministries have requested reconsiderations, but few c...