KSK Mahanadi Power Loan Account Sold to Birla ARC, SBI Deals for Rs 1,622 Crore
KSK Mahanadi Power Company sold Aditya Birla ARC for a loan amount of Rs 1,622 crore, against the total outstanding at 58 per cent to...
Category : Latest News
Syrma SGS Tech IPO Subscribed 32.61 Times on Final Day
The IPO of electronic systems design and manufacturing company Syrma SGS Technology was 32.61 times subscribed on the last day of bidding. Syrma is the...
Sebi Allows AIF to Go Global, Drop India Connection Clause
The Securities and Exchange Board of India (Sebi) on Thursday allowed alternative investment funds (AIFs) through back offices or subsidiaries to invest in overseas companies...
Futurense Targets Net Income of Rs 23 Crore in FY23
Futurense Technologies co-founder and CEO Raghav Gupta told FE Education that Futurense’s upskilling and talent acquisition firm is targeting a net income of Rs 230...
Shares of Adani Green Energy Ltd Spurts 4.9%
Today, Adani Green Energy Ltd’s shares are 4.9 per cent to Rs 2408.8 on the NSE. The company’s stock rose at 157.39 per cent in...
IndusInd Bank Slips on Profit Selling
Today, IndusInd Bank fell by 3.04 per cent to Rs 1,071.55 on profit booking after the profit rise in the last seven days trading session....
ReNew Power Reports Rs 10.4 Crore Loss in April-June Quarter of FY23
On Friday, ReNew Power reported a net loss of Rs 10.4 crore in the April-June quarter of FY23. This was due to certain adjustments to...
SpiceJet Needs to Travel to HC to Receive Bank Guarantee Return, Says Supreme Court
On Thursday, the Supreme Court instructed SpiceJet Ltd. to request a withdrawal of the $5 million bank guarantee that it had deposited with the court...
Dollar Credit Market in India Witnessing ‘Perhaps Worst Drought Ever’
India’s major dollar corporate bond market is experiencing its longest dry spell in 13 years as repaying foreign debt becomes unprofitable due to a historically...
Equity Mutual Fund Flows Moderate in July, Maruti Suzuki Tops
Equity mutual funds (MFs) stopped buying stocks in July despite a 9% rise in the benchmark index. Last month, they only invested Rs 4,712 crore...