FINOPB News Today

Kotak Mahindra Bank arm raises $1.25 billion for 2nd special situations fund

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The backers of first fund, Abu Dhabi Investment Authority, Singapore's GIC and family office Premji Invest have committed to invest in the second fund also.

• 29 March, 2023
• 1:43 PM
• less than a minute

LTIMindtree gets Hellenic Bank as customer

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LTIMindtree will assist in the transformation of Hellenic Bank's core business.

• 29 March, 2023
• 9:35 AM
• less than a minute

Reliance Industries completes acquisition of Sintex Textiles

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In this insolvency resolution, the primary creditor Punjab National Bank (PNB) received Rs 700 crore.

• 29 March, 2023
• 3:05 AM
• less than a minute

Zee Entertainment stock up by more than 3% today

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Company's stock price rises after IndusInd Bank withdraws insolvency petition against it.

• 29 March, 2023
• 2:13 AM
• less than a minute

HDFC board approves Rs 57000 crore redeemable NCDs

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Non-convertible debentures (NCDs) are fixed income securities that is listed with stock exchanges, like BSE and NSE in India.

• 27 March, 2023
• 4:01 PM
• less than a minute

Mamaearth puts IPO plan on hold: Reports

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The valuation of the company was estimated to be up to $3 billion.

• 27 March, 2023
• 2:27 PM
• less than a minute

Indian equity markets likely to see another day of volatility

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Bank of England raises interest rate by 25 basis points.

• 24 March, 2023
• 9:01 AM
• less than a minute

SBI purchases Canara Bank’s share in a Russian Joint venture for Rs121 crore.

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In a regulatory filing, Canara Bank stated that it had received the whole payment, or Rs121.29 crore, for the sale of its stake on Thursday.

• 24 March, 2023
• 6:44 AM
• less than a minute

With unexpected inflation, the Bank of England raises interest rates by 25 basis points

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The BoE's nine rate-setters voted 7-2 to raise the Bank Rate by 25 basis points, to 4.25%, sounding more optimistic about the outlook for the modest rate of economic development in the nation.

• 24 March, 2023
• 6:38 AM
• less than a minute

Adani Power sells Support Properties Private Ltd to AdaniConnex

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According to a BSE filing, the parties to the proposed transaction, for which a legally binding memorandum of understanding had previously been signed, had "executed a Share Purchase Agreement and finalized the transaction."

• 24 March, 2023
• 6:35 AM
• less than a minute