News Today

Three Entities Sell 2.55 Crore Shares of Five-Star for Rs 1,863 Crore; Stock Drops 5.89%

Copy Link

The sale caused Five-Star Business Finance shares to drop by approximately 5.89%

• 08 December, 2023
• 1:59 PM
• less than a minute

RBI Monetary Policy Review: Mr. V. P. Nandakumar - Managing Director & CEO at Manappuram Financ...

Copy Link

For this to happen, we may have to wait for a few quarters more as food price inflation is listed as a major downward risk in the near term.

• 08 December, 2023
• 12:30 PM
• less than a minute

India Shelter Finance Corporation Gears Up for Rs 1,200 Crore IPO: Public Issue Opens December ...

Copy Link

The anchor book is scheduled for launch on December 12.

• 08 December, 2023
• 12:23 PM
• less than a minute

Warburg Pincus Plans Over Rs 5,000 Crore Share Sale in IDFC First Bank and Bharti Airtel

Copy Link

The move follows Warburg Pincus' complete exit from Computer Age Management Services Ltd (CAMS) earlier this week.

• 07 December, 2023
• 11:13 AM
• less than a minute

Banking & Finance: Manifestation of second order impacts

Copy Link

Lenders having higher reliance on sourcing from Fintechs and small ticket PL should see their greater degree of growth and profitability slowdown, in analysts of IIFL Securities view.

• 07 December, 2023
• 10:10 AM
• less than a minute

IIFL Samasta Finance Limited NCD: Essential details you need to know

Copy Link

The company is raising Rs 1000 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.

• 05 December, 2023
• 1:11 PM
• less than a minute

LIC aims to open up office in GIFT City during this financial year

Copy Link

The company would be able to grow internationally because to LIC's presence in the Gujarat International Finance Tec (GIFT) City-International Financial Services Centre (IFSC).

• 05 December, 2023
• 11:48 AM
• less than a minute

Banking & Finance: Strong retail growth, but should slow down; incremental spreads improve in O...

Copy Link

Analysts of IIFL Securities believe that festive demand in Nov and a seasonally strong Q4 should keep growth momentum healthy.

• 01 December, 2023
• 10:10 AM
• less than a minute

Residential properties owned by PC Jewellers Ltd promoters are taken over by SBI

Copy Link

Banks recalled their loans when PCJ disclosed in an October 2018 stock exchange statement that it had defaulted on Rs 3,466 crore in this regard. SBI then filed a complaint with the Debt Recovery Appellate Tribunal.

• 30 November, 2023
• 12:22 PM
• less than a minute

NSE Imposes Trading Ban on Hindustan Copper and Manappuram Finance Stocks Due to MWPL Breach

Copy Link

The ban was enforced due to these securities surpassing 95 % of the market-wide position limit (MWPL) set by the NSE

• 30 November, 2023
• 12:05 PM
• less than a minute