India's retail inflation based on Consumer Price Index (CPI) continued northward journey...
Chief Economic Advisor (CEA) Krishnamurthy V. Subramanian has said that the Indian...
SRF has entered into a definitive agreement to sell its Engineering Plastics Business to...
NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies,...
United Bank of India has received approval to raise equity capital not exceeding Rs 1,500...
Credit Rating Agency Crisil has downgraded Dewan Housing Finance Corporation's commercial...
04-Nov2016
In a bid to beef up its tier-II capital, Indian Overseas Bank (IOB) has issued debt bonds worth Rs 800 crore on private placement basis. The bank has issued Basel III Compliant Tier II Bonds Series-I in the nature of Promissory notes with a coupon of 9.24% per annum with a maturity of 10 years.
IOB has reported a net loss of Rs 1450.50 crore for the quarter ended June 30, 2016 as compared to a net profit of Rs 14.76 crore for the same quarter in the previous year. Total income of the bank decreased by 12.05% to Rs 5868.44 crore for the quarter under review, from Rs 6672.11 crore for the corresponding quarter of the previous year.
Crude oil futures ended lower on Monday as steep declines in the US stock market fed an aversion to so-called riskier assets, which include oil. Meanwhile, the US-China trade dispute escalated as China......
Gold futures was trading flat on Monday as growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war fueled safe-haven demand for the precious......
Jeera futures traded higher on NCDEX on the back of rising physical and export demand at the spot market. However, higher availability of crop this season, capped some gains.The contract for May delivery......
SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......
NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......
United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......