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The insurance company plans to float a stake of 5% to raise about $8 billion next month for the South Asian nation's largest initial public offering (IPO) by far.

At 75.4075/4300 per Dollar

On 3 March 2022

Punjab National Bank announced that Anil Kumar Misra has been appointed as a Govt. Nominee Director of the Bank in place of Vivek Aggarwal. Powered by Capital Market – Live News

Of Rs 5.5 per share

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation announced its Second Advance Estimates (SAE) of National Income, 2021-22 as well as Quarterly Estimates of GDP for the quarter October-December (Q3), 2021-22 along with the corresponding quarterly estimates of expenditure components of GDP both at Constant (2011-12) and Current Prices. Real GDP or Gross Domestic Product (GDP) at Constant (2011-12) Prices in the […]

With immediate effect

Union Bank of India has considered the issuance of Basel III Compliant Debt Instruments in the nature of Debentures eligible for inclusion in Additional Tier-1 Capital (?Bonds?) Series XXXIV of Rs.500 crore with Green Shoe Option up to Rs.1000 crore (maximum Rs.1500 crore) on Private Placement basis. The deemed date of allotment is 02 March 2022. Powered by Capital Market – Live News

The combined Index of Eight Core Industries stood at 144.4 in January 2022, which increased by 3.7 per cent (provisional) as compared to the Index of January 2021. The production of Coal, Natural Gas, Refinery Products, Steel, Cement and Electricity industries increased in January 2022over the corresponding period of last year. Final growth rate of Index of Eight Core Industries for October 2021 is revised […]

The Indian rupee slipped by 2 paise to 75.35 (provisional) against the US dollar on Monday due to rising crude oil prices amid deepening tensions between Russia and Ukraine. Sustained foreign capital outflows also weighed on investor sentiments. At the interbank foreign exchange market, the rupee opened weak at 75.73 against the US dollar. However, it recovered most of its losses to quote at 75.35 […]