Stock Market News Updates

SBI looks to raise up to Rs10,000 crore via additional tier-I bonds (AT-1) this week. However, it is still to take a call on locking in at higher yields. This...

For the June 2023 quarter, Titan reported revenue growth of 20% with double digit growth across all its verticals. This was disclosed as part of its pre-results update. In the...

For the June 2023 quarter, Adani Wilmar reported 25% growth in volumes yoy. This was on the back of strong consumer demand for edible oils and foods. For the quarter,...

According the data furnished by the RBI, nearly 76% of the Rs2,000 banknotes in circulation as on May 19, 2023 worth Rs2.72 trillion were returned to banks; of which 87%...

Indian companies saw their debt levels rising to Rs36.63 trillion in FY23, largely driven by capex. Vodafone Idea had the biggest interest cost of Rs23,354 crore for FY23 followed by...

The first half of 2023 saw a sharp spike in Indian companies raising funds from foreign sources. The fund raising was up 12% at $9.7 billion. The fundraising was led...

It is official now; the merger of HDFC into HDFC Bank will be effective July 1, 2023. Announcing the dates, HDFC Ltd chairman Deepak Parekh said that the boards of...

Lenders of Go First have approved an interim funding of $55 million or nearly Rs450 crore to support the resumption of services by the airline. The airline is currently under...

Adani group is looking to grow EBITDA to Rs90,000 crore over next 2-3 years after it completed its loan repayment program. The company had faced a trial of trust after...

Trouble appears to be brewing at Byju’s  with their statutory auditors, Deloitte Haskins & Sells, resigning over the delay in filing financial results. Byju’s is yet to publish financial results...

Go First, the airline owned by the Wadia group which is currently under bankruptcy protection, has now asked the committee of creditors for additional funds to resume operations. This was...

In what could go down as one of the biggest aviation orders in history, Indigo Airlines has placed order for 500 Airbus A320 Family aircraft on Day-1 of the Paris...

In its reply to SAT, the regulator (SEBI) has asked for the case against Zee promoters to be speeded up. As per the SEBI order, there had been a flagrant...

Reliance Industries is in talks with lenders for a foreign-currency loan of $2 billion to bankroll its expansion plans. Reliance plans to use the ECB route to raise funds with...

Zurich Insurance Group is in advanced talks to buy up to 51% in the general insurance arm of Kotak group. The early stage valuation of the general insurance business has...