News Overview

The cash consideration paid by Indian Bank for subscribing to 11,96,95,455 new equity shares of the face value of Rs.10/- each in the said preferential allotment by NARCL is ~Rs120 crore.

The company stated that the sale is expected to be completed within 120 days from March 21, subject to shareholders’ approval.

The bank said that its board has approved raising upto Rs 300 crore by issuing subordinated bonds.

Speaking at the 38th Annual Economic Policy Conference of the National Association for Business Economics, Washington, Jerome Powell reiterated his hawkish outlook for rates.

Here is the stock market performance at 12:30 PM today.

Tata Motors today (22 March 2022) announced an impending price hike of its commercial vehicle (CV) range.

ICICI Bank has allotted 2,26,283 equity shares under the Employee Stock Option Scheme (ESOS).

Tata Motors announced an impending price hike of its commercial vehicle range. An increase in price in the range of 2-2.5%, will come into effect from 01 April 2022 across the range, depending upon individual model and variant. The increase in the prices of commodities such as steel, aluminium and other precious metals, in addition to higher costs of other raw materials, has incited this […]

At meeting held on 22 March 2022

Hisar Metal Industries Ltd, Orbit Exports Ltd, Madras Fertilizers Ltd and Jindal Drilling & Industries Ltd are among the other gainers in the BSEs B group today, 22 March 2022.