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A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.
NCDs are fixed-income securities listed on BSE and NSE, offering an alternative to bank and corporate FDs for investors with medium risk tolerance
The collaboration of over 25 years aims to upgrade SBG's platform with next-gen tech, enabling cloud-based critical business operations by 2026
RBI levied a penalty of Rs 1.62 crore on the Indian Bank.
With USD 635 billion in assets under custody and administration, SBG runs the largest custody network in sub-Saharan Africa, leading the growth of the continent's capital markets.
134 bids were submitted for the issue, demonstrating a more diverse level of interest. Investors included business entities, insurance firms, mutual funds, provident funds, pension funds, and more.
The bank estimates that the acquisition will likely be completed by the end of October 2023.
Nirma Ltd. will conduct a required open offer to all public shareholders of GLS in accordance with SEBI regulations.
Adani Group verified the formation of the entity, Dharavi Redevelopment Project Pvt Ltd, without going into further detail.
Approval is valid for one year and comes with the condition that HDFC AMC's shareholding in both banks should not exceed 9.5%