Digit Insurance Aims To Raise $500 Million Via Public Offer: Report
Reuters | Wednesday May 25, 2022, MUMBAIIndia's Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, is considering raising about $500 million in an IPO
Bank of India March Quarter Profit Soars 142% To Rs 606 Crore
Press Trust of India | Tuesday May 24, 2022, MumbaiBank of India on Tuesday reported a 142.31 per cent rise in standalone profit after tax at Rs 606 crore in the quarter ended March 2022
eMudhra IPO Subscribed 2.72 Times On Last Day Of Issue
Press Trust of India | Tuesday May 24, 2022, New DelhiThe initial public offer (IPO) of digital signature certificate provider eMudhra was subscribed 2.72 times on the last day of subscription
Aether Industries IPO Subscribed 33% On First Day Of Issue
Press Trust of India | Tuesday May 24, 2022, New DelhiThe initial share sale of speciality chemicals company Aether Industries received 33 per cent subscription on the first day of offer
Grasim Industries March Quarter Profit Soars 55% To Rs 4,070 Crore
Press Trust of India | Tuesday May 24, 2022, New DelhiGrasim Industries Ltd on Tuesday reported a 55.56 per cent increase in its consolidated net profit at Rs 4,070.46 crore for the fourth quarter
India Emerges On Top For Most Trust In Domestic Companies: Report
Press Trust of India | Tuesday May 24, 2022, DavosIndian companies have emerged as the most trusted by the domestic population, followed by China, Canada, the US and the UK, according to a new study
OYO To Come Out With Public Offer After September
Press Trust of India | Tuesday May 24, 2022, New DelhiOYO is looking to launch its IPO after September and has written to stock market regulator Securities and Exchange Board of India
LIC's Board To Consider Dividend Payment, Financial Results On May 30
Edited by Animesh Singh | Tuesday May 24, 2022Life Insurance Corporation of India (LIC) will consider payment of dividend during its board meeting, which is scheduled to be held on May 30
Steel Giant SAIL Posts 28% Drop In Q4 Profit On Higher Expenses
Press Trust of India | Tuesday May 24, 2022, New DelhiSteel giant SAIL has reported a 28 per cent fall in its consolidated net profit to Rs 2,478.82 crore for the fourth quarter ended March 2022, mainly on account of higher expenses.
Zomato's March Quarter Loss Widens On Rising Expenses
Reuters | Monday May 23, 2022, BENGALURUThe company's consolidated net loss widened to Rs 360 crore for the three months ended March 31, 2022 from Rs 131 crore a year earlier
Akasa Air Expects First Aircraft Next Month
Press Trust of India | Monday May 23, 2022, MumbaiRakesh Jhunjhunwala-backed Akasa Air in a release also said that it is on track to launch its commercial operations by July
Post Fuel Excise Duty Cut Reliance-BP Joint Venture Says Operations Unsustainable
Press Trust of India | Monday May 23, 2022, New DelhiRBML - the joint venture of Reliance Industries Ltd and BP - has told Government that fuel retailing for private sector has become unsustainable
Chipmaker Broadcom In Talks To Buy Cloud Company VMware: Report
Reuters | Monday May 23, 2022Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters.
Amazon Accuses Future Group's Independent Directors Of Fraudulent Strategy
Press Trust of India | Sunday May 22, 2022, New DelhiAmazon has accused independent directors of Future Retail of facilitating "fraudulent stratagem" of transfer of 835 stores to Reliance group
Paytm Payments Bank Hopes RBI To Lift Curbs On Taking New Customers Soon
Reuters | Sunday May 22, 2022, MUMBAIPaytm Payments Bank expects the central bank to allow it to resume taking on new customers in the next few months