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Banking

SBI appoints Charanjit Attra as Chief Financial Officer (CFO)

State Bank of India (SBI) has appointed Charanjit Surinder Singh Attra as chief financial officer. Before joining the country’s largest public sector lender, Attra was Partner at EY India and…

Gaurav Verma Gaurav Verma 5 years ago
Banking

PNB reports Rs 1,203 crore fraud by Sintex Industries

State-run Punjab National Bank (PNB) on Wednesday reported a borrowal fraud of Rs 1,203.26 crore in the non-performing assets (NPA) account of Sintex Industries Ltd. (SIL). The fraud was reported…

Gaurav Verma Gaurav Verma 5 years ago
Other Business News

Government extends due date for GSTR-9 and GSTR 9C till October 31

The Central Board of Indirect Taxes and Customs ( CBIC ) has extended the due date for filing GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) for the Financial Year 2018…

Gaurav Verma Gaurav Verma 5 years ago
Other Business News

General Atlantic to invest ₹ 3,675 crore in Reliance Retail

General Atlantic, a leading global growth equity firm has decided to invest ₹3,675 crore into Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries. This marks the second investment…

Gaurav Verma Gaurav Verma 5 years ago
Other Business News

Vedanta gets in-principle nod for delisting from BSE & NSE

Billionaire Anil Agarwal-controlled Vedanta on Tuesday said it has received in-principle approval from stock exchanges -- BSE and National Stock Exchange of India (NSE) -- for delisting. Earlier Vedanta Resources…

Gaurav Verma Gaurav Verma 5 years ago
IPO Updates

Mazagon Dock Shipbuilders IPO to opens on Sept 29

Mazagon Dock Shipbuilders, the premier public sector unit war-shipbuilding yard in India will open the initial public offer (IPO) on Sept 29 About Mazagon DS State-owned Mazagon Dock is a…

Gaurav Verma Gaurav Verma 5 years ago
Other Business News

Reliance Retail receives Rs 7,500 cr from Silver Lake for a 1.75% stake

Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from US private equity firm Silver Lake Partner SLP Rainbow This is the second…

Gaurav Verma Gaurav Verma 5 years ago
IPO Updates

UTI Asset Management Company to launch it’s IPO on 29th Sept.

The much awaited initial public offering (IPO) of UTI Asset Management Company will hit the markets next week. The IPO comes at a time when the mutual fund industry is…

Gaurav Verma Gaurav Verma 5 years ago
Information Technology

Hexaware Technologies to offer Rs 475 per share for delisting

IT firm Hexaware Technologies on Wednesday said will offer Rs 475 per share as the final price for its delisting offer. The company stated the offer was successful and 8.72…

Gaurav Verma Gaurav Verma 5 years ago
Information Technology

HCL tech acquires Australian IT firm DWS for $115.8 million

Noida-based IT company HCL Technologies (HCL) said it would acquire DWS Limited, an Australian IT, business and management consulting group. The acquisition of DWS will enhance HCL’s contribution to digital…

Gaurav Verma Gaurav Verma 5 years ago
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