KOTAKBANK News Today

For a roughly 10% stake, ICICI Bank would invest Rs 5 crore in Quantum CorpHealth.

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The bank estimates that the acquisition will likely be completed by the end of October 2023.

• 22 September, 2023
• 11:41 AM
• less than a minute

Nirma will launch an open offer to purchase a 75% interest in Glenmark Life Sciences for Rs 5,6...

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Nirma Ltd. will conduct a required open offer to all public shareholders of GLS in accordance with SEBI regulations.

• 22 September, 2023
• 11:30 AM
• less than a minute

Adani Group forms JV for redevelopment of Mumbai’s Dharavi slum

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Adani Group verified the formation of the entity, Dharavi Redevelopment Project Pvt Ltd, without going into further detail.

• 22 September, 2023
• 11:22 AM
• less than a minute

RBI Allows HDFC AMC to Acquire Stakes in DCB Bank and Karur Vysya Bank

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Approval is valid for one year and comes with the condition that HDFC AMC's shareholding in both banks should not exceed 9.5%

• 21 September, 2023
• 3:35 PM
• less than a minute

The government obtains substantial dividends from BHEL and Coal India Ltd

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The Government has received about Rs 1556 crore and Rs 88 crore as dividend tranches from Coal India Ltd. and BHEL, respectively.

• 21 September, 2023
• 2:07 PM
• less than a minute

Vedanta Ltd Shares Hit 14-Month Low Ahead of Key Board Meeting

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The board will discuss issuing private non-convertible debentures (NCDs) as part of their routine refinancing

• 21 September, 2023
• 1:44 PM
• less than a minute

HDFC Bank and TruCap Join Forces to Boost Credit Access for MSMEs

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The partnership focuses on offering MSME business loans and Gold Loans mainly to borrowers in non-urban areas

• 21 September, 2023
• 1:41 PM
• less than a minute

RBI permits HDFC AMC to acquire a stake in Karur Vysya Bank and DCB

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Additionally, the central bank informed HDFC AMC that its ownership stake in both private banks should not be greater than 9.5%.

• 21 September, 2023
• 12:02 PM
• less than a minute

Oil prices decline in advance of additional central bank guidance on interest rates

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Brent futures for November delivery were down 44 cents, or 0.5%, at $89.18 per barrel. West Texas Intermediate crude (WTI) CLc1 in the United States decreased by 49 cents or 0.6% to $89.17.

• 21 September, 2023
• 10:39 AM
• less than a minute

Equity Benchmarks Dip on Global Cues

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Major factors contributing to the bearish trend include foreign fund outflows and a downturn in HDFC Bank's performance

• 20 September, 2023
• 2:22 PM
• less than a minute