LFIC News Today

Vedanta's parent company raises $450 million from two competitors

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Trafigura Group, a commodity trading firm, has provided $200 million in funding for VRL, while Glencore International AG, a mining and natural resource corporation, has provided $250 million.

• 02 June, 2023
• 11:50 AM
• less than a minute

Aditya Birla Group to invest Rs 1,250 crore into its financial services subsidiary

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According to Aditya Birla Capital Ltd., the preferential issuance would take place at a cost of Rs 165.1 per equity share and is pending approval from shareholders.

• 02 June, 2023
• 10:22 AM
• less than a minute

Centre to Sell 3% Stake in Coal India Ltd, Aims to Raise ₹4,158 Crore

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The floor price for the two-day OFS is set at ₹225 per share.

• 01 June, 2023
• 2:35 PM
• less than a minute

Manappuram Finance unveils digital money lending app

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The company envisions that the new app will help in expanding its digital business.

• 01 June, 2023
• 11:09 AM
• less than a minute

Struggle to keep LIGHTS ON in Utility sector: IIFL Securities

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Analysts of IIFL Securities see Power demand growing at 5-7% in FY24, even if some industrial load switches back to captive units.

• 01 June, 2023
• 10:37 AM
• less than a minute

Q4FY23 Review: IEX Ltd: Confident of volume recovery

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Recommendation: Add; Target Price: Rs 165

• 29 May, 2023
• 2:54 PM
• less than a minute

Ministry of Finance Introduces Rs.75 Commemorative Coin for New Parliament Building Inauguratio...

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Coin to Feature New Parliament Building Image and Unique Specifications

• 26 May, 2023
• 9:42 AM
• less than a minute

Maruti Suzuki collaborates with Chola for dealer financing solutions

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This commitment aims to ensure a smooth and hassle-free car buying experience for their customers.

• 23 May, 2023
• 2:08 PM
• less than a minute

NTPC starts working on hydrogen hub in Andhra Pradesh

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NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds

• 23 May, 2023
• 1:40 PM
• less than a minute

Paytm introduces UPI SDK to let customers pay directly within merchant app

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The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank.

• 23 May, 2023
• 1:37 PM
• less than a minute