Income tax raid reveals Hero MotoCorp made over Rs 1000 crore bogus expenses
The Income Tax Department has observed that Hero MotoCorp made more than Rs 1,000 crore fake costs and over Rs 100-crore cash exchanges for a farmhouse in Chhattarpur, Delhi, sources…
Punjab National Bank plans to raise Rs 12,000 crore through bonds
Punjab National Bank (PNB) on Tuesday said its board has supported a proposition to raise Rs 12,000 crore through issuance of securities to subsidize business development. The board has supported…
SBI to buy entire share of three stakeholders in SBI Global Factors
SBI will buyout the whole stake of over 13% held by three other financial accomplices in SBI Global Factors Ltd (SBIGFL), the bank said on Tuesday. The other three financial…
Adani Group achieves financial closure of Navi Mumbai airport project
The Adani Group has closed supporting for the primary period of Navi Mumbai air terminal by raising Rs 12,770 crore advance from the State Bank of India. The gathering declared…
Govt to sell up to 1.5% stake in ONGC to raise Rs 3,000 cr
The public authority will sell 1.5 percent stake in Oil and Natural Gas Corporation through a proposal available to be purchased (OFS) on Wednesday, a move that is supposed to…
Wipro declares interim dividend for FY22: Details here
IT administrations major Wipro Limited on Friday proclaimed a break profit of Rs 5 for every per value portion of standard worth Rs 2 each for the monetary year 2021-22.…
GAIL to consider share buyback on 31 March
State-possessed GAIL Ltd today educated the stock trades that its board will meet on 31 March to think about buyback of offers. On Friday, GAIL shares shut 0.41% higher at…
Vedanta to invest $1.5 billion across oil, zinc and steel businesses
Tycoon Anil Agarwal's Vedanta Ltd on Friday said it will contribute USD 1.5 billion across its oil and gas, zinc and steel organizations. Its board at a gathering on Friday…
Emami acquires Dermicool brand from Reckitt for Rs 432 crore
Quick customer products organization, Emami, on Friday, reported the obtaining of "Dermicool" - one of the main brands in the thorny hotness powder and cool powder fragment - from Reckitt…
Airtel to acquire Vodafone’s 4.7% stake in Indus Towers for Rs 2,388 crore
Telecom organization Bharti Airtel will secure a 4.7 percent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore, as per an organization documenting. The exchange will be…
