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Finance Ministry Proposes the Terms of CEOs and EDs of State-Owned Banks be Extended

Finance Ministry Proposes the Terms of CEOs and EDs of State-Owned Banks be Extended

As part of its efforts to ensure stability and continuity at state-owned lenders amid the pandemic, the finance ministry has recommended extending the tenure of three managing directors and chief executive officers (MDs and CEOs) and 11 executive...

Aditya Birla and Voda Group may Dilute their Interest in Voda Idea

Aditya Birla and Voda Group may Dilute their Interest in Voda Idea

If a strategic investor wants to take control of Vodafone Idea Ltd (VIL), Vodafone Group Plc and Aditya Birla Group may transfer control, according to two persons familiar with the internal negotiations. The development marks new thinking on...

IFC, HDFC Venture Into $250 Million Partnership to Endorse Economical Green Housing Finance in India

IFC, HDFC Venture Into $250 Million Partnership to Endorse Economical Green Housing Finance in India

India’s largest mortgage lender Housing Development Finance Corporation (HDFC) and the World Bank Group member IFC have entered into an agreement to promote green housing in India through lending for affordable and low-income housing....

FPIs offloaded domestic equities, withdraw Rs 5,689 crore in July so far

 FPIs offloaded domestic equities, withdraw Rs 5,689 crore in July so far

Foreign portfolio investors (FPIs) have offloaded domestic equities to the tune of over Rs 5,689 crore in July so far as they continued to adopt a cautious stance in view of various domestic and global factors. During July 1-23, FPIs took out...

JSPL receives revised Rs 7,401-crore offer from Worldone Private Limited for arm Jindal Power

 JSPL receives revised Rs 7,401-crore offer from Worldone Private Limited for arm Jindal Power

JSPL on Sunday has announced that it has received a revised offer of Rs 7,401 crore from Worldone Private Limited for divestment of its subsidiary company Jindal Power Limiter (JPL). Jindal Steel and Power Limited (JSPL) had earlier...

India Inc. to Set a New Record for Overseas Fundraising of $20 Billion

India Inc. to Set a New Record for Overseas Fundraising of $20 Billion

India Inc is projected to experience a jump in international borrowings, possibly establishing a new record, as various corporations raise cash for the first time in the coming months, owing to a persistent need for long-term project funding....

How to Start an Apparel Business

How to Start an Apparel Business

The apparels industry is a booming market segment in India the domestic market stood at 108 billion US dollars in 2019-2020 and out of these 28 billion US dollars of business was exports. This showcases the business potential of apparels business...

Low interest rates, ample liquidity in securities market reasons behind the rising investor interest: Sebi chief

Low interest rates, ample liquidity in securities market reasons behind the rising investor interest: Sebi chief

Sebi Chairman Ajay Tyagi on Thursday declared that prevailing low interest rates and ample liquidity are major factors for rising investor interest and any tightening of liquidity or increase in interest rates would impact the market....

LIC IPO Date Alert, BIGGEST in Indian financial history

LIC IPO Date Alert, BIGGEST in Indian financial history

Government is planning to complete LIC’s initial public offering (IPO) in the current financial year. Minister of State for Finance Pankaj Chaudhary announced this in the Lok Sabha on July 19. Earlier, Finance Minister Nirmala...

Zomato set to make stock market debut Today

Zomato set to make stock market debut Today

India’s first unicorn Zomato will make its stock market debut on Friday and it is marking a historic moment for the domestic capital market. As per initial schedule, Zomato’s listing was to take place on July 27. However, investment...

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