News Overview

In regulatory filing, DLF confirms ED search on November 25 related to money laundering investigation against Supertech and its promoters

The current investment enables the business to strengthen the financial health of its wholly owned subsidiary.

ONGC signs agreements to sell approximately 4.5 million tonnes of crude oil each to BPCL and HPCL

On June 22, the home financing company said that it received board approval to issue non-convertible debentures worth up to Rs 5,000 crore.

The government, which holds more than 45% of IDBI Bank, and the massive life insurance company LIC, which holds 49.24% of the lender, have opted to sell a combined 60.7% of the bank.

According to the sources, Zee is adamant that its Chief Executive Officer Punit Goenka — also its founder's son — lead the new firm.

Fedbank Financial Services, based in Mumbai, is expected to finalize the basis of allotment for IPO shares by November 28

Nifty IT stocks are trading with a decline of 0.58%. All other sectoral indices are trading with gains.

The allotment of shares will be conducted on a proportionate basis, considering the robust demand for the issue.

The IPO comprised a fresh issue of Rs 302 crore shares by the company, and an offer-for-sale of Rs 198.69 crore by promoter and investors.