Banking

HDFC Bank Board Declares Dividend Of Rs 6.50 Per Share For FY21

HDFC Bank on Friday said its board has declared a dividend of Rs 6.50 per share for the year ended March 2021. "A divid... Read more

REITs Reduce Borrowing Costs By About 200 Basis Points Or More In FY21

Top property developers such as Godrej Properties and the rental arm of DLF reduced their borrowing costs in FY21 by 110... Read more

Paytm First Games Secures $30-mn Loan From One97 Communications, Others

The loan will be given in two tranches, payable within five years, and will also have the option to be converted into eq... Read more

AEL, APSEZ Stocks See Recovery After 4 Days Of Fall

While Adani Enterprises shares went up by 8.76% to close at Rs 1487.85 a share, APSEZ stock was up by 7.39% to close at ... Read more

SBI Cards' Shares Fall By 6.7% As PE Giant Carlyle Sells 5.1% Stake

Carlyle sold 48 million shares at Rs 1,002 apiece to raise Rs 4,810 crore. Read more

Air India To Sell Real Estate Assets; May Garner Up To Rs 300 Crore

Disinvestment-bound Air India is looking to raise Rs 200 to 300 crore by selling commercial and residential real estate ... Read more

PhonePe Launches Auto Top-up Feature For Its Wallet

This feature will allow customers of PhonePe to set up a UPI e-mandate once, post which the company will automatically t... Read more

Dodla Dairy IPO Gets Subscribed 45x On Day 3, KIMS 3.8x

Dodla Dairy had priced its IPO between Rs 421-428 per share, while KIMS had priced its between Rs 815 to Rs. 825 per eq... Read more

Indians Need To Improve Both Soft And Technical Skills, Shows Data

India's overall rank in the report was 67 globally, with 38% proficiency Read more

Reliance Power To Raise Rs 1,325 Cr From RInfra Via Preferential Allotment

Reliance Infra stake to go up to 38% from 9%; more fund raising planned Read more

CoCreate Ventures, PES Varsity Roll Out Fund To Back Startups At Campuses

The fund, called PESU Venture Labs, provides up to $150,000 in funding and other services to help firms build products a... Read more

Baba Ramdev's Ruchi Soya Files FPO Document To Raise Up To Rs 4,300 Cr

Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurveda, has filed draft document with SEBI to ... Read more

Lupin Gets Warning Letter From US Health Regulator For Somerset Facility

The company does not believe that the warning letter will have an impact on disruption of supplies or the existing reven... Read more

CG Power Lines Up Rs 135 Cr Capital Expenditure In Current Financial Year

CG Power and Industrial Solutions, acquired by Tube Investments last year, has chalked out capital expenditure plans of... Read more

Exim Bank Sees India's Q1 Merchandise Exports At $87.2bn

Export-Import Bank of India (Exim Bank) has projected India's total merchandise exports for the first quarter of FY22 to... Read more