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L&T Finance Holdings tumbled 7.60% to Rs 64.45 after CitiGroup Global Markets Mauritius and CBNA London sold 6.39 crore equity shares or 4.88% stake of the company on 21 February 2022.

Oil Country Tubular Ltd, Federal-Mogul Goetze (India) Ltd, Revathi Equipment Ltd and Ind Bank Housing Ltd are among the other gainers in the BSEs B group today, 24 February 2022.

The Company has tied up necessary Term Loans from Banks.

Ideal Finance, a subsidiary of Mahindra & Mahindra Financial Services (Mahindra Finance/ MMFSL), today announced the rebranding of its company name to Mahindra Ideal Finance (MIFL). This rebranding will form the bedrock on which the two joint venture partners (Mahindra Finance and Ideal Group) will build the vision of making Mahindra Ideal Finance one of the leading licensed finance companies (LFC) in Sri Lanka. The […]

RBL Bank, Punjab National Bank, and IDFC First Bank shed around 7%. IndusInd Bank, Bandhan Bank, AU Bank, and Federal Bank were also under selling pressure.

Bharti Airtel has acquired a strategic stake in Aqilliz – a Blockchain as a Service Company under the Airtel Startup Accelerator Program, subject to applicable statutory approvals. Singapore-based Aqilliz has developed a patented hybrid blockchain platform, Atom that integrates differential privacy and federated learning on a distributed digital ledger. This allows brands to create secure and consent-based solutions to engage with customers in a rapidly […]

Tourism Minister to take up the GST rates issues of tourism, travel & hospitality with the Group of Ministers (GOM) evaluating the entire GST rates structure.

The forging product supplier announced that it has entered into a definitive agreement to acquire JS Autocast Foundry India.

Business Wire India Kioxia Corporation has been named a Clarivate Top 100 Global InnovatorsTM 2022, an award given to companies at the pinnacle of the global innovation landscape by Clarivate Plc.   Kioxia was highly evaluated for various reasons including: recognition of its invention of NAND flash memory in 1987, over three decades of industry-leading research and development and the company’s efforts to protect and […]

COMEX Gold futures surged today, breaking well above $1900 per ounce mark as possibility of a full fledged war between Russia and Ukraine raged on. Equities took a beating in Asia with Hang Seng losing more than 3% while Nikkei lost 1.8%. Shanghai Composite tumbled more than 2%. COMEX Gold futures are currently trading at 13 month high of $1941 per ounce, up 1.60% on […]