Adani Power, Transmission, Total Gas Slip 5%
The shares of Adani Power (Rs 127.25), Adani Transmission (Rs 1,369.35), and Adani Total Gas (Rs 1,394) – were locked in lower circuit for the...
Author : Neha Verma
Reliance Jio and Bharti Airtel Starts 5G Network Trials in India
Reliance Jio has commenced 5G trials in Mumbai as it races with rival Bharti Airtel plans to introduce the mobile technology. While Jio’s trials in...
Infosys Hits Record High, Up 13% in a Month
The Infosys Ltd shares rose 1 per cent to hit a record high of Rs 1,484.10 on the Bombay Stock Exchange in intra-day trade on...
Rupee Falls For 2 Paise Down at 73.31/USD
Falling for the sixth straight day in a row, the rupee closed lower by 2 paise at 73.31 (provisional) against the US currency on Tuesday...
Canara Bank to Pick Up 12% Stake in Bad Bank
Canara Bank has said it will be the lead sponsor of National Asset Reconstruction Company Limited (NARCL) or bad bank with 12 per cent stake...
NHB Imposes Rs 80,000 Fine on PNB Housing Finance
National Housing Bank (NHB) has imposed a penalty of Rs 80,000 on PNB Housing Finance for not complying with loan disbursement norms in 2015. However,...
ICICI Bank Raises Rs 2,827 Crore on Private Placement Basis
ICICI Bank Ltd has raised over Rs 2,827 crore by issuing bonds on a private placement basis. Its board of directors in April this year...
Jubilant FoodWorks Sees Two Fold Jump in Q4 Net Profit
Jubilant FoodWorks Ltd, which operates Domino’s Pizza and Dunkin’ Donuts chains in India, posted 223 per cent jump in consolidated net profit at Rs 105.3...
Manipal Group Chief Launch Consumer Sector Focused SPAC in US
Rohan Ajila, a private equity veteran, and Gautham Pai, chairman of the Manipal Group, have set up a special purpose vehicle in the US for...
India Inc Earns 72% of Revenue From the Domestic Market
On an aggregate basis, 72 per cent of Emerging Market companies’ revenues come from their home country. 72 per cent of the revenue of Indian...