Clipped from: https://www.financialexpress.com/industry/banking-finance/hdfc-raises-rs-25000-cr-in-largest-ever-local-bond-issue/2983930/ HDFC had set an issue size of Rs 5,000 crore for the issue, with an option to retain oversubscription of Rs 20,000 crore.
Category: Company Specific News
👍Google India sacks 453 people from various operations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-india-sacks-453-people-from-various-operations/article66518295.ece Meanwhile, YouTube Global CEO Susan Wojcicki quits; to be replaced by Indian-origin Neal Mohan Last month, Alphabet Inc, the parent company of Google,
Adani says appointment of Grant Thornton as auditor ‘market rumour’ | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/adani-says-appointment-of-grant-thornton-as-auditor-market-rumour-123021601168_1.html The audits was to specifically look into if there was any misappropriation or repatriation of funds and if loans were used for any
👍TCS revenue growing at a lower rate than Infosys in FY23 and FY24: Moody’s – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/moodys-sees-tcs-revenue-growing-at-a-lower-rate-than-infosys-in-fy23-and-fy24/article66513416.ece Revenue growth prospects for IT companies are likely to slow down in the medium term: Moody’s The operating profit margin of TCS is
👍👍👍Mortgage platform LoanKuber raises $2 million in funding – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mortgage-platform-loankuber-raises-2-million-in-funding/article66515652.ece LoanKuber to utilise funding to scale assets under management, improve the existing technology stack as well as build and expand the team Fintech
👍👍👍Why is the Air India order such a big deal? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-why-is-the-air-india-order-such-a-big-deal/article66512086.ece The deal has the potential to not only vault Air India to the number one position in the domestic aviation sector but also
👍Indian lender HDFC’s biggest-ever bond issue to see strong demand: Bankers | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/indian-lender-hdfc-s-biggest-ever-bond-issue-to-see-strong-demand-bankers-123021501181_1.html HDFC aims to raise at least 50 billion rupees ($603.4 million) through the sale of 10-year bonds on Thursday, with an option to
👍HDFC likely to sell Rs 25,000 cr of 10-year bonds by this week, say sources | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/hdfc-likely-to-sell-rs-25-000-cr-of-10-year-bonds-by-this-week-say-sources-123021301323_1.html This will be one the largest ever debt sales by the firm; proceeds may be used to meet its financing or refinancing needs
👍Is this a good time to buy the shares of SBI? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/is-this-a-good-time-to-buy-the-shares-of-sbi/article66467945.ece We zoom in on the prospects of State Bank of India, as also the prospects of two other stocks — Zomato and Union
👍Holding structure | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/holding-structure-123013101722_1.html Regulator should look into allegations against Adani Enterprises The follow-on public offering (FPO) of Adani Enterprises was fully subscribed on the last day
Bank of Baroda reports highest-ever quarterly profit of Rs 3,853 cr in Q3 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/bank-of-baroda-reports-highest-ever-quarterly-profit-of-rs-3-853-cr-in-q3-123020300778_1.html On the bourses, shares of the bank jumped over 5 per cent to an intra-day high of Rs 162.3 per share State-owned Bank
👍TCS, Persistent: Breakout in IT index may trigger up to 9% rally in stocks | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/tcs-persistent-breakout-in-it-index-may-trigger-up-to-9-rally-in-stocks-123020300456_1.html Shares of Tata Consultancy Services, Infosys, HCL Technologies, Coforge and Persistent Systems are indicating chart structures that reflect resumption of their short-to-medium term
👍👍Experts say Adani Group stock sell-off may not affect market, but deepens anxiety on corporate governance | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-economics/experts-say-may-not-affect-market-but-deepens-anxiety-on-corporate-governance-8408635/ While many feel the situation will “stabilise” in the coming days, there is an apprehension that this may reinforce distrust around corporate governance
👍L&T profit jumps 24% in Q3 at ₹2,552 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/lt-profit-jumps-24-in-q3-at-2552-crore/article66450731.ece Order book at ₹3.86-lakh crore is at an all-time high and provides multi-year revenue visibility, says MD & CEO SN Subrahmanyan, MD &
👍LIC sitting on investment gains in Adani Group cos stocks – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/lic-says-sitting-on-investment-gains-in-adani-group-co-stocks/article66450212.ece LIC’s statement comes amid Adani Group’s stocks getting battered after Hindenburg Research released report alleging lapses in corporate governance and financial management Life
👍LIC reviews Adani response to short seller’s allegation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/lic-reviews-adani-response-to-short-sellers-allegation/article66450183.ece Having invested over $4 billion in the Adani Group, LIC has the right to ask relevant questions and engage with them, says LIC’s