https://www.thehindubusinessline.com/money-and-banking/icici-securities-board-to-meet-on-june-29-to-consider-delisting-shares/article67010473.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/icici-securities-board-to-meet-on-june-29-to-consider-delisting-shares/article67010473.ece The board’s decision comes after shares of ICICI Securities surged 8.9 per cent intraday on Friday to a high of Rs 572.70
Category: Company Specific News
TCS signs $1.1 billion contract with UK’s Nest – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/tcs-signs-11-billion-contract-with-uks-nest/article66995022.ece Clipped from: https://www.thehindubusinessline.com/info-tech/tcs-signs-11-billion-contract-with-uks-nest/article66995022.ece The contract, to help Nest transform its administration services, if extended to the entirety of its 18-year tenure would be worth 1.5
TCS, Infosys, and Wipro: The poor math behind some share buybacks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/the-poor-math-behind-some-share-buybacks/article66955217.ece?cx_testId=27&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EXEPURFQAOW6#cxrecs_s Unless done at cheaper value-accretive prices, those who do not participate in buybacks lose out In finance circles it is said: “Buybacks are
👍Go First Insolvency Resolution: Go First files for voluntary insolvency resolution proceedings before NCLT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/go-first-files-for-voluntary-insolvency-resolution-proceedings/articleshow/99934815.cms Synopsis “Go First deeply regrets the current situation, which has forced it to apply to the NCLT. With Pratt & Whitney failing to
👍Kotak Mahindra Bank PAT up 26% | The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/kotak-mahindra-bank-pat-up-26/3068856/ Kotak Mahindra Bank’s net profit rose 26% year-on-year (y-o-y) in the March quarter due to a strong growth in its loan book. The
👍👍👍Letter without spirit | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/letter-without-spirit/3064323/ Kotak Bank has followed the RBI guidelines but appears to have ignored the regulatory intent One wishes Kotak had walked the talk while
👍Reliance’s expansion manageable, says S&P
lipped from: https://www.business-standard.com/companies/news/reliance-s-expansion-manageable-says-s-p-123042600467_1.html S&P said RIL’s adjusted debt will likely remain at Rs 2.6 lakh crore to Rs 2.7 lakh crore over the next two years
🙏🙏🙏🙏🙏HDFC Bank: RBI hasn’t handed out a sweetener! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/hdfc-bank-rbi-hasnt-handed-out-a-sweetener/article66773283.ece The real challenge will be in handling regulatory requirements such as reserve ratios and repricing the loan book A section of the street
🙏AU Small Finance tumbles 5% in 4 sessions; what should investors do?
Clipped from: https://www.business-standard.com/markets/news/au-small-finance-tumbles-7-in-4-sessions-what-should-investors-do-123042600518_1.html Last week, reports claimed that the Reserve Bank of India has raised concerns about the rapid rise in advances at AU Small Finance
Reliance Industries withdraws proposal to merge subsidiary RNEL with itself
lipped from: https://www.business-standard.com/companies/news/reliance-industries-withdraws-proposal-to-merge-subsidiary-rnel-with-itself-123042200749_1.html RNEL will undertake the conglomerate’s new energy/renewable energy business Photo: Shutterstock Listen to This Article Reliance Industries (RIL) on Saturday said the company’s
Meesho’s monthly active users count about 55% of Amazon, Flipkart: Report
Clipped from: https://www.business-standard.com/companies/news/meesho-s-monthly-active-users-count-about-55-of-amazon-flipkart-report-123042101157_1.html Meesho is India’s third largest e-commerce retailer with CY22 GMV of $4.5 bn and 7 per cent market share, growing much faster than
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