HDFC News Today

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

Copy Link

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

Copy Link

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

Power Grid Corporation acquires Khavda II-C Transmission Ltd

Copy Link

Acquisition done for Rs 18.45 crore.

• 23 March, 2023
• 12:32 PM
• less than a minute

SBFC refiles DRHP, cuts IPO size

Copy Link

The IPO size has been reduced from Rs 1600 crore to Rs 1200 crore.

• 23 March, 2023
• 10:58 AM
• less than a minute

Hindustan Zinc's dividend payments may ease Vedanta's debt repayment challenges

Copy Link

Vedanta is the parent company of Hindustan Zinc.

• 23 March, 2023
• 9:39 AM
• less than a minute

Govt to sell up to 3.5% stake in HAL

Copy Link

Floor price for the offer-for-sale set at Rs 2,450 per share.

• 23 March, 2023
• 9:28 AM
• less than a minute

Indian Oil Corporation to invest Rs 61,077 crore to build a petrochemical plant

Copy Link

The petrochemical complex at Paradip will include a large-scale cracker unit as well as downstream processing units.

• 23 March, 2023
• 9:25 AM
• less than a minute

Shriram Finance to raise Rs 400 crore from interest-cap bonds

Copy Link

HSBC along with some other banks to buy the bonds.

• 22 March, 2023
• 10:56 AM
• less than a minute

Reliance re-launches auction for sale of natural gas from eastern block

Copy Link

Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.

• 20 March, 2023
• 2:11 PM
• less than a minute

IOC, NTPC to set up renewable energy plants in joint venture

Copy Link

The firms said to make JV with 50:50 equity participation.

• 16 March, 2023
• 1:04 PM
• less than a minute