Business News India
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SEBI introduces accredited investors concept in Indian securities market
Market | Aug 06, 2021, 01:26 PM ISTA person or entity will be identified as an accredited investor on the basis of net worth or income.
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Byju's to acquire e-learning platform Vedantu for $600-$700 million
Business | Aug 06, 2021, 11:34 AM ISTThis will be the 4th major acquisition by Byju Raveendran-run company this year.
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Aptus Value Housing Finance IPO to open on August 10
Market | Aug 06, 2021, 10:21 AM ISTThe initial share-sale will be open for public subscription on Aug 10, and conclude on Aug 12, the company said.
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Nuvoco Vistas IPO to open on August 9
Market | Aug 06, 2021, 10:04 AM ISTThe 3-day initial share-sale will open for public subscription on Aug 9 and conclude on Aug 11, the company announced.
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Exxaro Tiles IPO: Subscription opens today, Check price band, listing date
Market | Aug 04, 2021, 10:53 AM ISTThe initial public offering of up to 1,342,4000 equity shares comprises a fresh issue of up to 1,11,86,000 equity shares and an offer-for-sale of up to 22,38,000 equity shares by Dixitkumar Patel.
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Krsnaa Diagnostics IPO: Subscription opens today; Check price band and listing date
Market | Aug 04, 2021, 10:40 AM ISTAs a part of OFS, Phi Capital will sell 16 lakh equity shares, Kitara will offload 33,40,713 equity shares, Somerset Indus Healthcare Fund I Ltd will offer 35,63,427 equity shares and Lotus Management Solutions will sell 21,380 equity shares.
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Windlas Biotech IPO: Subscription opens today; Check price band and listing date
Market | Aug 04, 2021, 10:28 AM ISTThe IPO comprises fresh issuance of equity shares worth Rs 165 crore and and an offer for sale of up to 5,142,067 equity shares.
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GST revenue collection for July at over Rs 1.16 lakh crore
Business | Aug 01, 2021, 02:25 PM ISTOut of the total revenue collected CGST was Rs 22,197 cr, SGST was Rs 28,541 cr, IGST was Rs 57,864 cr- including Rs 27,900 cr collected on import of goods- and Cess was Rs 7,790 cr- including Rs 815 cr collected on import of goods.
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Dalal Street investors richer by over Rs 31 lakh cr this fiscal so far
Business | Aug 01, 2021, 12:02 PM ISTThe 30-share BSE Sensex has jumped 3,077.69 points or 6.21 per cent during April-July this fiscal.
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India's merchandise exports hit historic high levels in Q1FY22
Business | Jul 03, 2021, 08:10 AM ISTThis is 85 pc higher than exports of Q1 of 2020-21 and 18 pc higher than the exports of Q1 of 2019-20.
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Corporate Fixed Deposits vs Bank FDs: Difference, investment risk- All you need to know
Personal Finance | Jul 01, 2021, 11:31 AM ISTJust like bank fixed deposits several companies/corporates and NBFCs also collect and deposit money for fixed tenure and give interest.
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RBI extends restrictions on PMC Bank till December 31
Business | Jun 26, 2021, 09:19 AM ISTThe decision came a week after the RBI granted an "in principle" approval to Centrum Financial Services for setting up a small finance bank, thereby clearing the decks for the takeover of th crisis-hit PMC Bank by Centrum and BharatPe as equal partners.
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SEBI asks PNB Housing to halt Rs 4,000 crore preferential issue of shares
Business | Jun 20, 2021, 01:04 PM ISTThe company received a letter from the capital market regulator on June 18 calling it to comply with the legal provisions in the matter.
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Women now comprise 41% of global supply chain workforce
Business | Jun 20, 2021, 10:20 AM ISTWomen comprise 41 percent of the supply chain workforce globally in 2021, up from 39 percent last year, according to a new survey.
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India's forex reserves rise by over $3 billion
Business | Jun 19, 2021, 08:04 AM ISTAccording to RBI weekly statistical supplement, the reserves increased to $608.081 billion from $605.008 billion reported for the week ended June 4.
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Policybazaar gets insurance broking licence from IRDAI
Business | Jun 11, 2021, 02:55 PM ISTLeading web aggregator Policybazaar on Friday said it has got approval from regulator IRDAI to undertake insurance broking, a development that will help the company augment business and expand bouquet of services.
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Fineotex Chemical appoints Arindam Choudhuri as CEO
Business | Jun 07, 2021, 11:59 AM ISTFineotex Chemical on Monday announced the appointment of Arindam Choudhuri as its Chief Executive Officer (CEO).
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Rupee rises 12 paise against US dollar in early trade
Business | Jun 07, 2021, 11:20 AM ISTThe rupee surged 12 paise to 72.87 against the US dollar in opening trade on Monday following weakness in the greenback overseas and a positive trend in the domestic equities.
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Britannia Industries to raise Rs 698.51 crore via bonus debentures
Business | Jun 04, 2021, 09:44 AM ISTBritannia Industries on Thursday said its board has approved a proposal to raise Rs 698.51 crore by issuing bonus debentures to eligible equity shareholders.
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Unlocking Delhi 'illogical', traders urge CM to review decision
Business | May 31, 2021, 12:31 PM ISTThe traders' body in Delhi showed deep disappointment over the government's move to unlock the national capital, requesting CM Arvind Kejriwal to review the decision.