Clipped from: https://www.business-standard.com/article/finance/we-ll-be-selective-in-our-lending-decisions-says-idbi-bank-s-rakesh-sharma-121031600264_1.html IDBI Bank, which came out of PCA last week, says processes have been strengthened and past mistakes will not be repeated Rakesh Sharma,
Category: Company Specific News
mondolez foods: CBI books Cadbury India for allegedly obtaining factory licence in HP – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/cbi-books-cadbury-india-for-allegedly-obtaining-factory-licence-in-hp/articleshow/81555339.cmsSynopsis It is alleged that the company in conspiracy with Excise officials availed excise exemption benefits of Rs 240 crores (appox) for its new
Kalyan Jewellers raises ₹352 crore from anchor investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/kalyan-jewellers-raises-352-crore-from-anchor-investors/article34080063.ece ₹1,175-crore IPO opens today Kalyan Jewellers India Ltd has raised ₹351.89 crore from 15 anchor investors, ahead of its proposed initial public offering (IPO),
CEAT Tyres aims to make deeper inroads into smaller towns and cities | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ceat-tyres-to-make-deeper-inroads-into-smaller-towns-and-cities-121031600779_1.html To double Ceat Shoppes to 600 in 2 years as demand for personal vehicles gains traction CEAT Tyres CEAT Tyres is looking to double
Ola to set up cell manufacturing plant for powering Lithium-ion battery | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ola-electric-plans-to-set-up-li-ion-battery-plant-invest-rs-2-400-crore-121031700076_1.html Ola will initially source the cells for the Li-ion battery used in its soon-to-be-launched e-scooters from South Korea The batteries are going to
Robust growth trajectory drives gains for Asian Paints | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/robust-growth-trajectory-drives-gains-for-asian-paints-121031601028_1.html Falling crude oil prices to support margins Analysts at Morgan Stanley say while the market is wary of increased competition and raw material
Govt should earmark 10% of CSR for skill development: L&T’s A M Naik | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/govt-should-earmark-10-of-csr-for-skill-development-l-t-s-a-m-naik-121031500016_1.html Large industries do not have to collaborate with NSDC or government organisations because they have created training centres, says Naik A M Naik,
Axis Bank looks to strengthen position in insurance sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/axis-bank-looks-to-strengthen-position-in-insurance-sector/article34067261.ece?homepage=true Signs agreements for 9.9% stake in Fettle Tone, promoter of Max Bupa Health Insurance In a bid to further consolidate its position in
Betting on pent-up demand, Berger Paints speeds up expansion plans | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/betting-on-pent-up-demand-berger-paints-speeds-up-expansion-plans-121030300869_1.html Berger is in the process of setting up a Rs 700-cr plant in Uttar Pradesh Photo: Shutterstock As pent-up demand is pushing up
Tata seeks CCI nod to buy majority stake in BigBasket – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/tata-proposes-to-take-majority-stake-in-bigbasket/articleshow/81470103.cmsSynopsis In the filing with the Competition Commission of India, Tata Digital Ltd, a wholly owned unit of Tata Sons, proposed to buy 64.3%
Marriott hotels to add 7 seven new properties in India as visitors check in | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/marriott-hotels-to-add-7-seven-new-properties-in-india-as-visitors-check-in-121031101342_1.html Group is operating at 50 per cent plus room occupancy, says senior executive as industry bets on domestic leisure travelers Two properties will
Tata Motors sees volumes rising 30% in CV segment in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tata-motors-sees-volumes-rising-30-in-cv-segment-in-fy22/article34046709.ece Girish Wagh, President, Commercial Vehicle Business Unit, Tata Motors – The Hindu Girish Wagh, President, Commercial Vehicle Business Unit, Tata Motors – The
With no PCA overhang, IDBI Bank expects to grow loans at 8%-10% in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/with-no-pca-overhang-idbi-bank-expects-to-grow-loans-at-8-10-in-fy22-121031101168_1.html Corporate credit back on the lender’s agenda; RBI to review the lender’s performance each quarter for 1 year IDBI Bank Freed from the
As normalcy returns, market share gains to continue for TVS Motor in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/as-economy-re-opens-market-share-gains-to-continue-for-tvs-motor-in-fy22-121031101136_1.html Improving product mix and rising exports to aid margins TVS Motor New launches, market share gains over the last year and robust exports
Kalyan Jewellers’ Rs 1,175-crore IPO to open on March 16 – The Financial Express
Clipped from: https://www.financialexpress.com/market/ipo-news/kalyan-jewellers-rs-1175-crore-ipo-to-open-on-march-16/2210687/ The offer for sale comprises selling up to Rs 125 crore worth of shares by promoter TS Kalyanaraman and another Rs 250 crore
Vijay Sales targets ₹200 crore from online sales in FY 22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/vijay-sales-targets-200-crore-from-online-sales-in-fy-22/article34033613.ece I’d say, It was because the competition came in, we are where we are today, says Nilesh Gupta, Director of Vijay Sales Despite
Why you must avoid the Easy Trip IPO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/why-you-must-avoid-the-easy-trip-ipo/article34007599.ece?homepage=true Track record of poor corporate governance makes this offer an ‘Easy’ avoid Investors must avoid the IPO of Easy Trip Planners (Easy Trip).
Alembic Pharma’s revival on the cards: Why it is stock pick of the week – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/alembic-pharmas-revival-on-the-cards-why-it-is-stock-pick-of-the-week/articleshow/81363888.cms Synopsis-Alembic Pharma is looking forward to high growth with API and RoW businesses reporting decent growth. Besides, new products in pipeline and company’s
YES Bank gets shareholders’ nod to raise Rs 10,000 crore – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/yes-bank-gets-shareholders-nod-to-raise-rs-10000-crore/2205662/ YES Bank MD and CEO Prashant Kumar had earlier said the board’s approval to raise Rs 10,000 crore was an enabling provision for
“The business was built on equity and public deposits” – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/the-business-was-built-on-equity-and-public-deposits/article33955753.ece Managing Director TT Srinivasaraghavan on what made Sundaram Finance a household name in Chennai It’s just after 3 pm when TT Srinivasaraghavan (TTS)
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