https://www.financialexpress.com/business/banking-finance-rbl-bank-bajaj-finance-shares-fall-as-card-pact-gets-1-year-extension-3348150/ Clipped from: https://www.financialexpress.com/business/banking-finance-rbl-bank-bajaj-finance-shares-fall-as-card-pact-gets-1-year-extension-3348150/ On October 27, Bajaj Finance had sought a longer extension for its credit card ties with RBL Bank. The initial permit was
Category: Company Specific News
Infosys terminates $1.5-billion AI deal with global client – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/infosys-terminates-15-billion-ai-deal-with-global-client/article67669188.ece Clipped from: https://www.thehindubusinessline.com/companies/infosys-terminates-15-billion-ai-deal-with-global-client/article67669188.ece The MoU pertained to Infosys providing enhanced digital experiences, along with modernisation and business operations services, leveraging the company’s platforms and Artificial
Lawyers say Byju’s in good health, BCCI’s plea to be heard on Jan 17
https://www.business-standard.com/companies/news/lawyers-say-byju-s-in-good-health-bcci-s-plea-to-be-heard-on-jan-17-123122200843_1.html Clipped from: https://www.business-standard.com/companies/news/lawyers-say-byju-s-in-good-health-bcci-s-plea-to-be-heard-on-jan-17-123122200843_1.html Byju’s gave this response when the NCLT inquired about the company’s current status during the hearing of the insolvency plea filed by
Byju’s investors push for transparency from company at AGM – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/byjus-investors-push-for-transparency-from-company-at-agm/article67665783.ece Clipped from: https://www.thehindubusinessline.com/companies/byjus-investors-push-for-transparency-from-company-at-agm/article67665783.ece Investors reiterated their demand for audited FY23 financials to be furnished at the earliest possible to founder Raveendran Edtech major Byju’s investors have
Bandhan Bank gets binding bid worth ₹280.39 cr from ARC for housing finance NPA – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/bandhan-bank-gets-binding-bid-worth-28039-cr-from-arc-for-housing-finance-npa/article67663174.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/bandhan-bank-gets-binding-bid-worth-28039-cr-from-arc-for-housing-finance-npa/article67663174.ece The bank will take up the bidding as per the Swiss challenge method. However, the name of the ARC was not revealed
PhonePe rolls out credit feature to help users manage credit cards, pay bills – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/phonepe-rolls-out-credit-feature-to-help-users-manage-credit-cards-pay-bills/article67662559.ece Clipped from: https://www.thehindubusinessline.com/companies/phonepe-rolls-out-credit-feature-to-help-users-manage-credit-cards-pay-bills/article67662559.ece The ‘credit’ section will enable users to view their credit bureau score without any additional cost Walmart-owned fintech major PhonePe has rolled out a
Bank of Maharashtra raises Rs 259 cr at 7.99% through tier-II bonds
https://www.business-standard.com/companies/news/bank-of-maharashtra-raises-rs-259-crore-at-7-99-through-tier-ii-bond-123121300949_1.html Clipped from: https://www.business-standard.com/companies/news/bank-of-maharashtra-raises-rs-259-crore-at-7-99-through-tier-ii-bond-123121300949_1.html The issue had a base size of Rs 250 crore and a greenshoe option of Rs 750 crore Bank of Maharashtra |
Amitabh Chaudhry, a banker with clear agenda – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/amitabh-chaudhry-a-banker-with-clear-agenda/article67600628.ece lipped from: https://www.thehindubusinessline.com/specials/current-account/amitabh-chaudhry-a-banker-with-clear-agenda/article67600628.ece It may have taken him longer than expected, but the key boxes are gradually and convincingly getting ticked It was around July
Reliance Industries: With the Stock Having Underperformed Nifty 50 in Last Three Years, Is It Time to Buy? – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/reliance-industries-with-the-stock-having-underperformed-nifty-50-in-last-three-years-is-it-time-to-buy/article67618354.ece Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/reliance-industries-with-the-stock-having-underperformed-nifty-50-in-last-three-years-is-it-time-to-buy/article67618354.ece RIL has typically tended to underperform whenever the company has been in a heavy investment phase The stock of India’s most valued
Broker’s call: Axis Bank (Buy) – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/brokers-call-axis-bank-buy/article67570690.ece Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-axis-bank-buy/article67570690.ece Target: ₹1,150 CMP: ₹1,008.15 Axis Bank hosted an Analyst Day to demonstrate its progress at future-proofing the franchise on both sides of
UCO Bank approaches CBI for probing IMPS glitch, says systems safe
https://www.business-standard.com/finance/news/uco-bank-approaches-cbi-for-probing-imps-glitch-says-systems-safe-123111600449_1.html Clipped from: https://www.business-standard.com/finance/news/uco-bank-approaches-cbi-for-probing-imps-glitch-says-systems-safe-123111600449_1.html State-owned lender says it has recovered 79% of wrongly credited amount after the glitch State-owned UCO Bank has approached the Central Bureau
TCS issues transfer order to over 2,000 employees – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/tcs-issues-transfer-order-to-over-2000-employees/article67536206.ece Clipped from: https://www.thehindubusinessline.com/info-tech/tcs-issues-transfer-order-to-over-2000-employees/article67536206.ece Employees allege that those who resisted the transfer are facing action from the IT firm Tata Consultancy Services has issued transfer notices to
Broker’s call: Canara Bank (Buy) – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/brokers-call-canara-bank-buy/article67504163.ece Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-canara-bank-buy/article67504163.ece Target: ₹506 CMP: ₹384.25 The Canara Bank has been reporting consistent growth in net profit since previous thirteen quarters. In Q2-FY24, the
Should touch Rs 1K crore from OTC this year, says Nandini Piramal
https://www.business-standard.com/companies/interviews/the-cdmo-business-will-continue-to-grow-piramal-pharma-s-nandini-piramal-123110601028_1.html lipped from: https://www.business-standard.com/companies/interviews/the-cdmo-business-will-continue-to-grow-piramal-pharma-s-nandini-piramal-123110601028_1.html In an interview with Sohini Das, Piramal Pharma Chairperson Nandini Piramal outlines her plans, and why she wants to focus on profitability
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