As the Dalal street continues to be in party mode, staying bullish would appear to be the most logical thing at this point of time. Why fig...

The company reported an 11.54% year-on-year (YoY) jump in its June quarter net profit at Rs 261 crore, up from Rs 234 crore reported by the...

Tata Consultancy Services has bagged a deal from Rail Delivery Group to design, develop, implement, and operate the UK's Rail Data Marketpl...

“RBI has authorised TMB for undertaking Government Business on behalf of RBI. Agreement has been signed by the bank with RBI at Mumbai for ...

The IPO consisted of the fresh issue of 15.8 million shares. The Thoothukudi-based private lender allotted 71,28,000 equity shares to 10 an...

Incorporated in 1921, Tamilnad Mercantile Bank offers an array of banking and financial services to retail customers, micro, small, and med...

However, analysts remain positive on the private lenders despite its muted debut at the bourses and suggest that investors should hold the ...

The issue attracted bids for 2,49,39,236 shares or 2.86 times against the issue size of 87,12,000 shares. The quota reserved for retail ind...

One should understand that any pre-IPO equity has a mandatory lock-in of at least 6 months from the date of IPO allotment, but in this case...

Most analysts said the asking valuations are attractive when compared with peers, but the bank’s future growth would be subject to pending ...

The IPO of Tamilnad Mercantile Bank will close for subscription on Wednesday, September 7.

Dealers of unlisted shares say this space is not for traders; but investors with a long-term outlook can hope to earn hefty returns, if the...

Some of these firms have strong balance sheets and credible financials to support this frenzy.

Seventeen years ago, S Ashok became an outcast among the Nadars when he sold his 18% equity in the community-owned Tamilnad Mercantile Bank...