BofA Securities offloaded shares of five companies, including Grasim Industries and Manappuram Finance, for Rs 859 crore through open market transactions.

The Reserve Bank of India has asked NBFCs to stick to a cash payment limit of Rs 20,000 for gold loans, citing Income Tax laws. This move aims to enhance compliance and transition towards digital...

Asirvad Micro Finance, a subsidiary of Manappuram Finance, gets Sebi's approval for its initial public offering (IPO) to raise up to Rs 1,500 crore. The IPO will be a fresh issue of equity shares...

Manappuram Finance plans to raise up to USD 500 million through external commercial borrowings (ECBs) to support business growth.

Indian bankers welcome RBI's decision to maintain key rates, with focus on LCR review to address digital liquidity risks.

Sebi has mandated stock brokers to implement systems for detecting and preventing market abuse, including surveillance, reporting, and whistleblower policies. The new rules aim to curb fraudulent...

Federal Bank's loan portfolio grew by 20% in the first quarter, with retail credit book up 25% and wholesale credit book up 14%. Deposits also rose by 20% year-on-year.

SECI plans to launch a tender for 500 MW of solar thermal capacity by FY25-end, marking the first time in India such a large-scale tender will be floated. The tender will feature advanced...

Premier Energies and its subsidiaries have secured a 350 MW solar module supply order from Apraava Energy for a project in Rajasthan, India. The modules aim to enhance efficiency and output,...

Get the latest areca and coconut prices in Mangaluru for Wednesday, July 3. Check prices for old supari, new supari, koka, and different coconut qualities.

Sebi has mandated stock brokers to implement systems for detecting and preventing market abuse, including surveillance, reporting, and whistleblower policies. The new rules aim to curb fraudulent...

Federal Bank's loan portfolio grew by 20% in the first quarter, with retail credit book up 25% and wholesale credit book up 14%. Deposits also rose by 20% year-on-year.

Guar seed futures prices rose on Wednesday, driven by firm spot market demand and thin supplies, according to market analysts. Speculators increased their positions, leading to a 0.72% increase in...

SECI plans to launch a tender for 500 MW of solar thermal capacity by FY25-end, marking the first time in India such a large-scale tender will be floated. The tender will feature advanced...

Indian social media platform Koo, a potential Twitter rival, is shutting down after failing to secure a partnership. The founders cite high operational costs and funding challenges.