SBI AT1 bonds sale: Bank raises ₹3,717 cr from its third issue
State Bank of India (SBI), the country’s largest lender, has raised ₹3,717 crore through its third Basel III compliant Additional Tier 1 (AT1) bond issuance in the current financial year on…
Adani Power amalgamates six subsidiary companies
Adani Power on Tuesday said it has amalgamated its six subsidiaries with itself after receiving NCLT nod for the same last month. The six companies, APML, APRL, UPCL, REL, REGL…
Natco Pharma announces ₹210 cr share buyback via open market
Hyderabad-based drug firm Natco Pharma on Wednesday announced a share buyback of ₹210 crore thorugh the open market route, for a price not exceeding ₹700 per equity share. The buyback price is 23 per…
IDFC First Bank shares trade near 52-week high
The BFSI sector has been a key outperformer of CY22 and has witnessed a healthy retracement in the last three months, thus forming a higher base for the next leg…
Pakistan economic crisis: Central bank hikes policy rate by 300 bps, highest in 27 years
The State Bank of Pakistan (SBP) has hiked the policy by 300 basis points (bps) to 20 per cent, the highest in around 27 years This is the highest level…
Elon Musk no longer world’s richest person; loses spot to LVMH’s Bernard Arnault
Tesla and Twitter CEO Elon Musk lost the top spot on the global rich list again on Friday after regaining it earlier this week. Musk’s net worth stands at $176…
Adani group stocks surge post block deal announcement
The seven Adani group stocks surged today in trade, with a few touching the upper circuit. Today is the third day when the group stocks are gaining since the Hindenburg…
SBI share price zooms as three year lock-in in Yes Bank ends next week
State Bank of India or SBI share price has been in uptrend since early morning deals on Friday. SBI share price today opened upside and went on to hit intraday…
Airtel to hike call, data rates across all plans, CEO Sunil Mittal confirms at MWC 2023
Bharti Airtel, one of India's leading telecommunications companies, is reportedly planning to increase mobile phone call and data rates across all plans in 2023. This announcement was made by the…
Adani Enterprises, Adani Green, Adani Power: Adani group shares are making a comeback. Here’s why
Shares of most Adani group companies on Thursday climbed for the second straight day amid reports the group was looking to prepay loans, instilling confidence among investors. A report by…
