Axis Mutual Fund Launches ‘Axis Banking ETF’
Axis Mutual Fund has launched a new fund offer of ‘Axis Banking ETF’. It is an exchange traded fund that offers investors an opportunity to invest...
Author : Amrita Chakravorty
Mindtree Net Profit Increases 88% to Rs 254 Crore in Q2 Results
On Thursday, IT services firm Mindtree reported 87.9 per cent increase in its net profit at Rs 253.7 crore for the quarter ended on 30 September, 2020,...
Zomato Gets $52 Million Top-Up from Kora Investments
Zomato, which is in talks to raise almost $600 million, as part of its ongoing funding round, has added $52 million (almost Rs 380 crores)...
Equitas Small Finance Bank IPO to Open Next Week
The IPO of Equitas Small Finance Bank (ESFB) will open next week. The lender has fixed a price band of Rs 32-33 per share. The IPO opens...
Oaktree-Backed Array Technologies Raises $1.05 billion via IPO
Array Technologies Inc. and its largest shareholder has raised $1.05 billion after increasing the size of the issue offered by the company and pricing it...
Infosys Ltd Hits Market Cap of Rs 5 Trillion
On Thursday, IT major Infosys Ltd became India’s fifth firm to cross a market capitalisation of Rs 5 trillion, as the shares of the company rallied nearly...
DGCA Will Assess 737 Max to Certify its Airworthiness
The Directorate General of Civil Aviation (DGCA) will conduct its due diligence before allowing the grounded Boeing 737 Max planes to return to Indian skies, a DGCA...
Lakshmi Vilas Bank Board Approved to Raise up to Rs 500 Cr via Rights Issue
Today, the board of Lakshmi Vilas Bank (LVB) has approved the proposal of raising funds up to Rs 500 crore through issuance of shares on the rights...
Likhitha Infrastructure Ltd. Lists at 8.4% Premium on Debut
Shares of oil and gas infrastructure service provider, Likhitha Infrastructure Ltd. on Thursday listed at Rs130 per share on BSE, a premium of 8.41 per cent against...
GoAir Engine Shutdown Causing Trouble for P&W
In September, Wadia Group’s airline GoAir faced a mid-flight shutdown of one of its Pratt & Whitney (P&W) engines, which forced pilots to land the Airbus A320neo...