UBI Spurts on Raising Rs 663 Crore via AT 1 Bond
The stake of Union Bank of India (UBI) surged 7.32% to Rs 72.55 after the allotted Basel III Compliant Additional Tier (AT) 1 Bond on...
Author : Neha Verma
Godrej Properties Gains on Acquiring Land in Kurukshetra
Shares of Godrej Properties rose 1.44% to Rs 1,189.80 after announcing that it is expanding its residential portfolio in the National Capital Region (NCR) with...
PNB Gains on Raising Rs 582 Crore Via AT1 Bonds
After the public sector lender announced to raise funds by Rs 582 crore by issuing bonds at a coupon of 8.4% per annum through PPB...
Deep Inds Soars on Bagging LoAs for Rs 178 Crore
After Deep Industries received two letters of award (LoAs) from the Oil and Natural Gas Corporation (ONGC) for a value aggregating to Rs 178.32 crore,...
TPCL Plans to Raise Up to Rs 2,000 Crore
Tata Power Company (TPCL) plans to announce the raising of funds up to Rs 2,000 crore via bonds for financing its business operations. Meanwhile, the...
PAN Not Linked to Aadhaar will be Unserviceable by March 2023
On Saturday, the Income Tax Department said those Permanent Account Numbers (PANs) not linked to Aadhaar by the end of March next year would be...
HDFC Receives $400 Million Loan for Green Finance
On December 23, Housing Development Finance Corporation (HDFC) raised funds worth $400 million through a loan from the International Finance Corporation for financing the affordable...
Free Ration to Poor for One Year Under NFSA
On December 23, the Cabinet decided not to extend the free ration scheme for Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). However, the government will...
Nasal Vaccine Gets Approval for Booster Doses
Bharat Biotech’s intranasal vaccine will be used in India’s Covid-19 vaccination programme. On December 23, 2022, Union Health Minister Mansukh Mandaviya said the vaccine was...
Stellantis Plans to Acquire Stake in Symbio
Michelin and Stellantis-owned Faurecia have announced exclusive talks for Stellantis to acquire a substantial stake in Symbio, a pioneer in zero-emission hydrogen vehicles, alongside existing...