10 most valued companies added Rs 1,14,744.44 crore to their total market valuation
10 most valued companies added Rs 1,14,744.44 crore to their total market valuation
BPCL Trust to sell up to 4% of its shares (86.77 million shares)
The Trust will sell up to 86.77 million shares or 4% of the total share capital of the company at a floor price of ₹435. Citigroup, Kotak Mahindra Capital and ICICI Securities Limited are advising the Trust on the secondary share sale
IDFC First Bank board approves fundraise of ₹3,000 crore via securities
IDFC First Bank said that its board ‘noted the significant opportunities for growth of the bank based on the strong capabilities the bank has built and the strong outlook for economic recovery in India’
Tata Motors’ passenger vehicles business unit valued at Rs 9,417 crore
Upon the coming into effect of the scheme and upon transfer and vesting of the passenger vehicles undertaking in the transferee company — TML Business Analytics Services Ltd, the total lump sum consideration payable to the transferor company TML shall be the purchase consideration, that is Rs 9,417 crore and subject to withholding taxes under applicable Law, the filing added.
Privatisation’s here — two public sector banks that could be the first ones to be sold
Bank stocks surge as Budget 2021 initiates long-pending reforms, but unions oppose the move.
What are large money changes taking place from February 1, 2021?
Budget 2021 getting presented on February 1 would have a direct impact on the public in general. Nonetheless, apart from the union budget, there are some other significant changes, which will happen from February 1.
What are large money changes taking place from February 1, 2021?
Budget 2021 getting presented on February 1 would have a direct impact on the public in general. Nonetheless, apart from the union budget, there are some other significant changes, which will happen from February 1.
Real Estate Startup Darwin Homes Raises $15M in Series A Funding
Darwin Homes, an Austin, Texas-based real estate technology startup, raised $15M in Series A funding.
Union Budget 2021 is likely to present a proposal hiking FDI limit in the insurance sector
There is a view that hiking the FDI limit in the insurance sector from 49 percent to 74 percent could lead to foreign partners in insurance JVs taking all major business decisions, affecting nationalist interests.
Will there be a relief for the middle class in Union budget 2021?
Budget 21-22 will be presented in Parliament on 1 February. With this budget, the middle class hopes that Finance Minister Nirmala Sitharaman will make several announcements for them as well.
Health and R&D related spending expected to see a boost in budget 2021: Economists at YES Bank
According to economists at YES Bank, heath and R&D related spending is anticipated to discern an upswing to align India with its international counterparts and to adapt to ongoing changes in global health situations.
Education Fintech GrayQuest Collaborated with SBM Bank to help Parents Pay Fees in Easy EMIs
GrayQuest partners with SBM Bank. GrayQuest parents also receive benefits such as complimentary insurance cover and access to 50+ exclusive rewards for their children
Market all-time High: Sensex Hits 50,000 for First Time, Nifty above 14,700
Reliance Industries rose after the market regulator SEBI approved Reliance Industries’ Rs 24,713-crore deal to buy Future Group’s retail assets.
Stocks to Watch Upon: Infosys, Wipro, SAIL
Infosys recorded better-than-expected earnings accomplishment in the third quarter, with profit heightening 16.6 per cent to Rs 5,197 crore and revenues rising 12 per cent to Rs 25,927 crore. Wipro recorded almost 21 per cent surge in compact net profit to Rs 2,967 crore for December quarter
Bentley Posts Highest Sales in 2020 after 101 years
Bentley’s most significant growth was earmarked for China, posting a sales increase of 48 percent, 2,880 cars, against 1,940. The traditional sedan market hailed the opening of the all-new Flying Spur, with Bentayga sales staying robust.
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