Government to Earn Rs 1,544 Crore From IRFC IPO
The Rs 4,633 crore IPO of Indian Railway Finance Corporation (IRFC) was subscribed 3.49 times on the final day of bidding on Wednesday. “Bidding time for retail...
Author : Neha Verma
Govt Raises Authorised Capital of Punjab & Sind Bank to Rs 10K Crore
The Punjab & Sind Bank on Wednesday said the government has raised its authorized capital to Rs 10,000 crore. “Government of India vide Gazette Notification No.F.No.l l/8/2019-BOA-I...
Federal Bank Q3 Net Profit Declines 8% to Rs 404 Crore
Federal Bank on Wednesday posted an 8 per cent decline in net profit at Rs 404.10 crore for the third quarter ended December 2020, mainly due...
Funds From PM Kisan Scheme Failed to Reach Beneficiaries About 44%
Nearly 44 per cent of the funds transferred under the PM-Kisan scheme during Covid-19 lockdown may have failed to reach the accounts of the beneficiaries, according to...
Home Sales in Top 8 Cities Rose 7% in Q3
Home sales across the top eight cities in India rose 7 per cent year-on-year in the December quarter, ICRA said in a report. Considering that sales...
Oil Rises With Stimulus Hopes Overshadowing Gloomy IEA Forecast
Oil extended gains in Asia on expectations US President-elect Joe Biden’s incoming administration will take steps to revive growth and energy demand in the world’s...
NTPC Records 4% Growth in Power Generation in Apr-Dec
NTPC Ltd achieved gross cumulative generation of 222.4 billion units between April and December 2020, up 3.8 per cent year-on-year, the company said in a statement...
Agritech Startup DeHaat Raises $30 Million
Dehaat, an agritech startup, which connects small farmers with a network of small suppliers of farm input and equipment, has raised $30 million in Series...
Dunzo Raises $12 Million Led by Google
Having secured $28 million in funding last September, Dunzo, a hyperlocal delivery startup, has raised $12 million, led by a clutch of investors including Google...
Mindtree Jumps 6% as of Q3 Net Profit Rises 29%
Mindtree Ltd shares have surged nearly 6 per cent on Tuesday, following robust December quarter results. The company reported a 28.7 per cent quarter-on-quarter rise in...