Sandes is a part of the government's initiative to push for use of India-made apps and software to develop an ecosystem of indigenously developed products.
The DA revision was withheld in 2020 due to the financial stress on state coffers in the wake of the Covid-19 pandemic.
As part of the agreement, the company will make a preferential allotment of 1.94 crore equity shares at a price per equity share of Rs 258 per share aggregating to Rs 500 crore to Panatone.
The RBI said the statutory inspections for supervisory evaluation (ISE) of the bank were conducted with reference to its financial position as on March 31, 2017, (ISE 2017), March 31, 2018, (ISE 2018), and March 31, 2019 (ISE 2019).
Tatva Chintan IPO Listing Date, Tatva Chintan Share Price: Tatva Chintan grey market premium or GMP is currently at Rs 1,100.
The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a consolidated net profit of Rs 475 crore for the first quarter ended June 30. The auto major had posted a consolidated net loss of Rs 268 crore in the April-June quarter of 2020-21.
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