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Aditya Birla Capital to Rs.2100 crore from Advent, Premji Invest, others

Mumbai, Sept. 5 -- Aditya Birla Capital Ltd on Thursday said its board has approved raising Rs.2,100 crore through preferential allotment to marquee investors and promoter group entities. The equity c... Read More


Aditya Birla Capital to Rs.2100 crore from Advent, Premji Investment, others

Mumbai, Sept. 5 -- Aditya Birla Capital Ltd on Thursday said its board has approved raising Rs.2,100 crore through preferential allotment to marquee investors and promoter group entities. The equity c... Read More


Aditya Birla Capital to get Rs.2100 crore from Advent, Premji Invest, others

Mumbai, Sept. 5 -- Aditya Birla Capital Ltd on Thursday said its board has approved raising Rs.2,100 crore through preferential allotment to marquee investors and promoter group entities. The equity c... Read More


Moody's affirms ratings of five PSU banks following merger announcement

Mumbai, Sept. 4 -- Moody's Investors Service on Tuesday took rating action on five public sector banks that will undergo merger. While Moody's affirmed stable outlook for banks including Canara Bank, ... Read More


RBI panel recommends self-regulatory agency for secondary markets

New Delhi, Sept. 4 -- A task force set up by the Reserve Bank of India (RBI) submitted its report on the development of a secondary market for corporate loans on Tuesday. The task force headed by Can... Read More


Fewer banks may mean faster debt resolutions

New Delhi, Sept. 2 -- The proposed merger of state-run banks announced by finance minister Nirmala Sitharaman on Friday could speed up the resolution process of bankrupt companies, experts said. Fewe... Read More


Road map for better governance

New Delhi, Aug. 31 -- Finance minister Nirmala Sitharaman on Friday announced a raft of long-pending reforms for public sector banks (PSBs) to make them more competitive. PSB boards will now be allow... Read More


Synergy's interest in Jet makes creditors extend bid deadline

Mumbai, Aug. 30 -- Lenders to Jet Airways (India) Ltd have extended until Saturday, 31 August, the deadline for submitting expressions of interest (EoIs) to invest in the grounded airline to accommoda... Read More


Reviving consumption demand top priority, says RBI; rate cuts in the offing

India, Aug. 29 -- The Reserve Bank of India on Thursday reiterated that reviving consumption demand and private investment have assumed the highest priority in 2019-20, a sign that more rate cuts coul... Read More


Growth revival highest priority in FY20: RBI annual report

Mumbai, Aug. 29 -- The Reserve Bank of India on Thursday reiterated that reviving consumption demand and private investment have assumed the highest priority in 2019-20, a sign that more rate cuts cou... Read More