Saturday, April 1, 2023

Monthly Archives: February, 2023

China’s Ant Group plans to sell some of its stake in Paytm

Ant Group Co. is considering selling some of its shares in the operator of Indian financial technology firm Paytm to keep its holding within...

RBI to conduct 14-day variable rate reverse repo today

The Reserve Bank of India (RBI) will conduct a 14-day variable rate reverse repo (VRRR) auction today, February 24 for a notified amount of ₹50,000...

HDFC Bank raises $750 mn in dollar bond sale

The country's largest private sector lender HDFC Bank on Thursday announced that it has raised $750 million through a dollar bond sale. “HDFC Bank Limited...

Axis Bank-Citibank deal to be completed by March 1

Private sector lender Axis Bank on Thursday said that the deal to acquire Citibank's India's consumer business and NBFC business is expected to completed...

DLF to prepay 5,000 NCDs worth ₹500 cr: Check details here

Real estate developer, DLF on Thursday said that the company has exercised the option to prepay the non-convertible debentures (NCDs) worth ₹500 crores, according to...

This company is offering ₹3.5 lakh bonus to each employee after record sales

A French luxury design firm has announced that everyone on its team will receive a special bonus of €4,000 at the end of February...

LIC share price falls as the insurance company stares at losses in Adani stocks

The share price of Life Insurance Corporation (LIC) falls on Friday after the data showed that the insurance giant's investments made in the Adani...

NSE Indices launches India’s first Municipal Bond Index

The NSE’s index services subsidiary, NSE Indices Limited on Friday that it has launched India’s first ever Municipal Bond Index, Nifty India Municipal Bond...

Adani Total to start operations at Indian LNG terminal by mid-June

Adani Total Private Ltd will receive its first liquefied natural gas (LNG) cargo at the Dhamra terminal on India's east coast in April and...

Goldman Sachs predicts three more US Fed rate hikes, no cuts in 2023

Amid the reflection of sticky inflation and labour market resilience in recent US data, Goldman Sachs expects the US Federal Reserve to remain hawkish...
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