
PNB raises ₹5,000 crore via QIP to strengthen capital base
The QIP, which launched on September 23 and closed on September 26, received an overwhelming response from the market. Shares of Punjab National Bank ended…

The QIP, which launched on September 23 and closed on September 26, received an overwhelming response from the market. Shares of Punjab National Bank ended…

The deal, valued at ₹2,475 crore, will be executed in two tranches, reducing Apollo Hospitals’ stake in Apollo Healthco from 94.91% to 78.879%, on a…

Sources had earlier told CNBC-TV18 that the company is working towards filing its Draft Red Herring Prospectus (DRHP) papers with the Securities and Exchange Board of…

In the grey market, shares of KRN Heat Exchanger were trading at ₹274, representing a 125% premium. Ahead of the issue opening, the company raised…

Paytm founder Vijay Shekhar Sharma reflects on his journey, sharing his biggest regret about Paytm’s IPO, his challenges with funding, and how demonetisation became the…

The acquisition highlights Adani’s foray into the retail and food & beverage sector, building on its broader strategy to diversify beyond its core infrastructure and…

Hong Kong’s Hang Seng index reclaimed the 20,000 level, aided by Beijing’s stimulus measures, including the People’s Bank of China (PBC) cutting the amount of…

The sale of 20,64,972 shares brings down LIC’s total holding in MGL from 89,19,236 shares to 68,54,264 shares. Shares of Life Insurance Corporation of India…

Kathpalia joined the bank 16 years ago and has been pivotal in turning it around. Shares of Indusind Bank Ltd ended at ₹1,462.05, up by…

The US Federal Reserve announced a 50 basis point (bps) rate cut on September 18. Geoffrey Dennis, an Independent EM Commentator expects two more rate…