New Delhi, March 11 -- The company launched a Qualified Institutions Placement (QIP) on March 10, setting the floor price at Rs.12,112.50 per share.

Mumbai-based private sector bank IndusInd Bank revealed that an internal review of its derivative portfolio uncovered discrepancies in the accounts of Other Assets and Other Liabilities. These issues arose following the implementation of the Reserve Bank of India's (RBI) Master Direction on Classification, Valuation, and Operation of Investment Portfolio for Commercial Banks, which took effect in April 2024.

The company has invested Rs.300 crore in its subsidiary, Aditya Birla Housing Finance, through a rights issue. Following this investment, Aditya Birla Capital's percentage shareholding ...