Vedanta Group’s Sterlite Electric has applied for an initial public offering of shares, consisting of a fresh issue and an offer for sale by existing shareholders, to raise funds for debt repayment, capital expenditure, and general corporate purposes.
The Nifty Bank index surged to its day’s high after the RBI maintained the repo rate at 5.5% and retained the stance at ‘neutral.’ What does this mean for Indian investors and the banking sector?
Om Freight Forwarders Ltd.’s initial public offering has opened on its final day subscription. Check the latest subscription status, grey market premium, and listing details.
The Reserve Bank of India has removed the proposed regulatory restriction on business overlaps of bank and its group entities, bringing relief to HDFC Bank and HDB Financial Services Ltd.
The Reserve Bank of India’s latest Monetary Policy Meet brings positive news for the Indian economy, with a focus on ease of doing business and growth. Industry leaders welcome the move, citing its potential to boost GDP and reduce inflation.
Get the latest updates on the Fabtech Technologies IPO, including final day subscription, GMP, and other key details that Indian investors need to know.
The Reserve Bank of India has announced three consumer-centric measures to improve access and services for bank account holders, including expanded benefits for Basic Savings Bank Deposit accounts and strengthened grievance redressal mechanisms.
Morgan Stanley expects urban plays to outperform in the last 45 days of Q2, driven by early festivities, with a positive impact on discretionary and retail businesses.
Shriram Finance has denied reports of a potential stake sale to MUFG, a Japanese financial giant. What does this mean for Indian investors and the company’s future?
Get the latest updates from the Indian stock markets, including Nifty levels, Sensex movements, and major corporate actions affecting investor sentiment, following the RBI’s Monetary Policy Committee decision.