UCO Bank

UCO Bank seeks SEBI extension for share dilution. Evaluating QIP, OFS for fund-raising. Reports Q3 profit, improved asset quality.

UCO Bank reports a 16% increase in net profit to Rs 740 crore in Q3, driven by core income and a decline in bad loans (NPAs).

UCO Bank reports a 15.76% rise in net profit to Rs 739.51 crore for the December quarter. Gross NPAs decline to 2.41%.

UCO Bank reports 13.29% growth in total business to Rs 5.54 lakh crore in Q3 FY''26. Advances rise 16.27%, deposits up 10.71%.

Government holding in Indian Overseas Bank (IOB) falls to 92.44% after offer-for-sale (OFS). Details on stake dilution and green shoe option.

SEBI approves IPOs for 12 companies including Infra.Market, Purple Style Labs, Sify Infinit Spaces. Details on the IPOs and company plans.

Saint-Gobain plans significant expansion in India through acquisitions and investments, aiming to double business every five years.

CANEUS International partners with Maharashtra to establish a Mid-TRL Institute in Mumbai, focusing on aerospace, space, energy, and deeptech.

Torrent Power ranked #1 in Power Ministry's Discom rankings. Ahmedabad & Surat units achieve perfect scores. Details inside.

Pride Hotels receives Sebi approval to raise Rs 1,000 crore via IPO. Funds to be used for renovation, debt repayment, and expansion.

SEBI approves IPOs for 12 companies including Infra.Market, Purple Style Labs, Sify Infinit Spaces. Details on the IPOs and company plans.

IndiGo starts direct Mumbai-Athens flights with A321 XLR, becoming the first airline connecting India and Greece directly. Flights begin Jan 23.

Air India to operate new Boeing 787-9 with limitations, awaiting FAA approvals for business class & economy seats. Details inside.

Saint-Gobain plans significant expansion in India through acquisitions and investments, aiming to double business every five years.

Supervity AI signs agreement with Maharashtra govt to establish AI GCC hub in Mumbai. Focus on AI-driven enterprise operations.