Tata Power-ICICI Bank JV acquires Manoj Gaur's Prayagraj power project
Renascent Power Ventures Pvt Ltd, the wholly-owned subsidiary of Resurgent Power Ventures Pte, has acquired 75 per cent stake in Prayagraj Power Generation Co Ltd (PPGCL) which owns and operates 1,980 MW coal-based electricity generation unit, Tata Power said in a regulatory filing.
RBL Bank to launch QIP, eyes over Rs 2,000 crore
The new issue is expected to list by December 10.
Radhakishan Damani may look to raise Rs 5,870 crore via stake sale
Damani looks to pare his stake in India’s largest listed retail chain by s...
Brokers advise clients to buy share of SBI ahead of credit card unit’s IPO
SBI shareholders likely to have better chance of getting allotment even if they hold one share.
Kotak Mahindra, Axis Bank to recruit 5,000 fresh grads
Two of the country’s largest private sector banks said they will hire a total of about 5,000 fresh graduates, with a greater emphasis on tech talent.
Personal finance takeaways from RBI monetary policy review
RBI maintained status quo on key rates, surprising many. ET Online’s Shambhavi Mehrotra gives to lowdown on what this means for borrowers an...
F&O: VIX shows bullish bias; Bank Nifty negates lower highs & lows
On monthly options front, maximum Put open interest was at 12,000 followed by 11,500 level.
Axis Bank more than doubles loan provisions for troubled sectors
The bank is maintaining a standard asset provisioning of 1 percentage point for bad loans in such sectors, as against the regulatory provision of 0.40 per cent, its executive director Rajiv Anand told .
Pakistan's ailing economy gets USD 1.3 billion infusion from ADB
The ADB's quick dispersing special policy-based loan is part of a multi-donor economic reform programme led by the IMF to stabilise Pakistan's economy after a major deterioration in its fiscal position in 2018, according to a statement by the Manila-based regional lender.
Punjab & Sind Bank seeks to mop up Rs 500 crore via QIP
The bank's board will meet on December 6 to consider and approve the fundraising.
CSB Bank could turn out to be a compounder: Siddharth Purohit, SMC Global Securities
CSB Bank being listed at 22% capital adequacy, leaves enough scope for growth in the next 2-3 years.
RBI to retain dovish bias going forward
Das said the pause was temporary and the central bank wanted to assess the effect of its policy after reduction of 135 basis points in five policies this year.
Asian stocks' valuations hit near 2-year high in November: Refinitiv data
MSCI World index's forward P/E was about 16, at the end of last month.
After Market: YES Bank plunges; broader market bleeds; 26 stocks turn 'oversold'
Nifty Media, Nifty Metal and NIfty PSU Bank indices each ended over 2 per cent down on NSE.
Postmen, grameen dak sevaks may soon start selling insurance policies
The IPPB, which is a corporate agent, can seek permission from Irdai for sponsoring postmen and grameen dak sevaks of Department of Posts (DoP) to act as Point of Salesperson (PoS), Irdai said. ln case the authority grants permission, IPPB shall be responsible for all acts of omission and commission of the persons appointed as PoS, it added.
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