Business News

Bulk Deals | BNP Paribas picks 0.7% stake in Sterling Wilson; Abakkus Fund buys 0.5% shares in IIFL Finance

BNP Paribas Arbitrage acquired a 0.7% stake in Sterling & Wilson Solar, a major solar EPC contractor, and Abakkus Fund…

5 years ago

Coffee Day Enterprises Q4 net loss at Rs 272 crore; revenue drops 69%

Coffee Day Enterprises Ltd (CDEL), in filings with BSE, said the company posted a net profit of Rs 554.80 in…

5 years ago

Chinese ride hailing giant Didi’s shares ride over 17% after NYSE listing

China's Ride Hei Ling conglomerate's drop-by-line jumped more than 17% from its debut on the New York Stock Exchange (NYSE)…

5 years ago

In June, FPI became net buyers investing Rs 12,714 crore in Indian markets

After being net sellers for the previous two months, FPI (foreign portfolio investors) turned net buys in June, injecting a…

5 years ago

Panel meets to discuss regulatory concerns and speed up bank privatisation

A high-level panel led by the cabinet secretary recently met to iron out numerous regulatory and administrative concerns so that…

5 years ago

Serum Institute generates nearly 100 million Covishield doses in June

In order to meet its goal, Serum Institute of India manufactured over 10 crore doses of its COVID-19 vaccine Covishield…

5 years ago

SBI prepared to handle the credit growth rise and anticipates a 9% increase in loan book in FY22

State Bank of India, the country's largest lender, is cautiously bullish about its prospects, expecting its loan book to increase…

5 years ago

Future Consumer suffers Rs 155 crore loss in Q4, with revenue falling by 59%

Future Consumer Ltd (FCL) recorded a reduced net loss of Rs 155.12 crore for the fiscal quarter ending March 31,…

5 years ago

In covid affected 2020-21, Indian Railways enhances operating ratio to 97.45%

According to an RTI response, the Indian Railways improved its operating ratio to 97.45 percent in the fiscal year 2020-21…

5 years ago

DLF expects a 30% increase in sales bookings to Rs 4,000 crore in FY22

DLF, the real estate conglomerate, anticipates a 30% increase in sales bookings to Rs 4,000 crore this fiscal year, despite…

5 years ago

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