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Carlyle-backed Hexaware Technologies plans to raise Rs 9,950 crore through a pure offer for sale (OFS), with shares being sold by CA Magnum Holdings
"The proposed amendments aim to strengthen the regulatory framework governing the recovery of monetary penalties, enhancing procedural clarity and efficiency," said CCI chairperson Ravneet Kaur
Its Net Interest Margin + Fees & Other Income stood at 10.33 per cent for Q3Fy25 down from 10.93 per cent in Q3Fy24, according to Analysts presentation
Social Stock Exchange (SSE) was launched in 2023 to enable NPOs to raise funds from the public
The Chennai-based bank posted a total income of Rs 8,409 crore during the quarter under review versus Rs 7,437 crore in the same period last year
The bank's net interest income (NII) increased by 7.79 per cent to Rs 1,079 crore compared to Rs 1,001 crore in the same period last year
Digital ecosystem growth is facing the increasing risk of cyberattacks on consumers and enterprises alike
The study highlighted that effective communication goes beyond being clear, understandable, and engaging
Union Mutual Fund (MF) on Friday announced the launch of a short duration fund, a debt MF offering which will invest in short-term debt instruments
During April to December 2024, CIL recorded a production of 543.4 mt, a growth of 2.2 per cent over the same period last year
Foreign currency assets fell by $9.5 billion, while the value of gold reserves went up by $792 million
It is the is the highest amount raised in the last five years through that route
He brings with him extensive experience in banking, spanning more than three decades in various capacities. As Executive Director of Punjab National Bank (PNB) since November 2022
The Union Cabinet also approved the construction of a third launch pad at Isro's space centre in Sriharikota with an investment of Rs 3,984 crore
On Thursday, the regulator released the list of NBFC-UL for 2024-25 in which 15 entities are named, same as financial year 2023-24. No new NBFCs were included in the list for FY25
The RBI has also allowed non-resident Indians to use such balances for foreign investments, including foreign direct investment (FDI) in non-debt instruments
The plan features flexible maturity income payout options, including tax-free payouts for up to 40 years
The information is on monthly installments, processing fees and rebates
58% believe market will improve and they are optimistic about getting a new job this year
Laurus Labs further clarified that the penalty proceedings would not have any financial impact on the company