Search result for 'financial position'

Mizoram's Financial Position Improves: CM

April 3, 2025 16:53

Mizoram's financial position has improved significantly due to austerity measures implemented by the ZPM government, resulting in a cash balance of Rs 1,093 crore. Learn more about the state's...

ACME Solar Holdings Secures Rs 2,491 Cr Refinancing

April 3, 2025 10:45

ACME Solar Holdings has secured a Rs 2,491 crore refinancing facility from SBI and REC to reduce debt costs for renewable energy projects. This move aligns with the company's strategy to create an...

Cineline India Focuses on Film Exhibition Expansion After Debt-Free Status

April 1, 2025 11:37

Cineline India, a Mumbai-based cinema chain, will focus on expanding its film exhibition business after becoming debt-free following the sale of its hotel asset. The company plans to use the...

Haldiram Sells Stake to IHC & Alpha Wave Global - $10 Billion Valuation

March 31, 2025 18:42

Haldiram Snacks Food, India's leading snack brand, has sold a stake to IHC and Alpha Wave Global at a valuation of $10 billion, marking a major deal in the Indian packaged food industry.

Himachal CM Seeks Additional Borrowing from Sitharaman | PTI News

March 20, 2025 20:10

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has requested Union Finance Minister Nirmala Sitharaman to allow the state an additional borrowing of 2% of GSDP in 2025-26, citing revenue...

IBBI Mandates Carry-Forward Loss Disclosure in Insolvency

March 19, 2025 22:26

The IBBI has made it mandatory for insolvency professionals to disclose carry-forward losses in the Information Memorandum during the insolvency process. This aims to provide potential resolution...

SpiceJet Founder Injects Rs 294 Crore, Shareholding Rises

March 17, 2025 11:00

SpiceJet founder Ajay Singh will infuse Rs 294 crore into the airline through a promoter group entity, increasing promoter group's shareholding to over 33%.

RBI Directs IndusInd Bank to Complete Remedial Action

March 15, 2025 13:43

The Reserve Bank of India has directed IndusInd Bank to complete remedial action this quarter after a discrepancy of Rs 2,100 crore was found in its accounting. RBI assures that the bank's...

Capital Infra Trust Raises Rs 2,363 Cr Through Debt Securities

March 10, 2025 15:45

Capital Infra Trust, an infrastructure investment trust, has raised Rs 2,363 crore through debt securities to strengthen its financial position. The funds will be used to refinance existing loans...

Tata Capital IPO: USD 2 Billion Listing After Merger Approval

March 9, 2025 10:19

Tata Capital plans to file IPO papers for a USD 2 billion listing, contingent on NCLT approval for its merger with Tata Motors Finance. The IPO is expected to be one of the largest in India's...

Gensol Engineering Addresses Debt, Credit Downgrades

March 5, 2025 19:43

Gensol Engineering addresses recent credit rating downgrades and outlines a debt reduction plan, including asset divestments, to strengthen its financial position.

Religare Appoints Four Directors, Suspends MIC Operations

February 26, 2025 21:43

Religare Enterprises has appointed four new directors and suspended the operations of MIC Insurance Web Aggregator due to financial challenges. The appointments are subject to RBI approval and...

Varanasi-Aurangabad Highway Raises USD 316.3 Million

February 26, 2025 14:31

Varanasi Aurangabad NH-2 Tollway Private Limited (VAH) has raised USD 316.3 million through dollar-denominated bonds, the funds will be used for refinancing and capital expenditure.

Gensol Engineering Sells US Arm Scorpius Trackers for Rs 350 cr

February 25, 2025 11:08

Gensol Engineering announces the sale of its US subsidiary Scorpius Trackers Inc for Rs 350 crore to a major renewable energy solutions provider in the US. The deal includes the transfer of...

RBI Fines Citibank Rs 39 Lakh for Regulatory Violations

February 21, 2025 20:42

The Reserve Bank of India has imposed a penalty of Rs 39 lakh on Citibank N.A. for non-compliance with directions pertaining to large exposures framework and delay in furnishing credit information...

Info Edge Q3 Profit Soars 61% to Rs 242.6 Cr, Stock Split Approved

February 5, 2025 17:28

Info Edge, the parent company of Naukri, reported a 61% jump in Q3 net profit to Rs 242.6 crore. The board also approved a 1:5 stock split to enhance liquidity and encourage retail investor...

BMC Allocates Rs 1000 Cr for BEST Bus Services in FY 2025-26

February 4, 2025 12:58

The Brihanmumbai Municipal Corporation (BMC) has allocated Rs 1,000 crore for BEST bus services in its FY 2025-26 budget, acknowledging the undertaking's financial challenges. The funds will be...

CARE Upgrades Inox Wind Banking Facilities Ratings

January 13, 2025 10:48

CARE Ratings upgrades Inox Wind's banking facilities ratings to 'CARE A1+' for short-term and 'CARE A+/Stable' for long-term, reflecting strong financials and business growth.

Technopark Gets A+/Stable Rating for Fourth Year in a Row

December 20, 2024 22:47

Technopark, India's first IT Park, secures an A+/Stable rating from CRISIL for the fourth consecutive year, highlighting its strong financial position and sustainable growth.

RBI Fines IndusInd Bank Rs 27.30 Lakh for Interest Rate Violations

December 20, 2024 19:04

The Reserve Bank of India (RBI) has imposed a Rs 27.30 lakh penalty on IndusInd Bank for non-compliance with norms related to interest rates on deposits. The penalty was levied after an inspection...

RBI Fines Manappuram Finance for KYC Violations

December 20, 2024 19:01

The Reserve Bank of India has penalized Manappuram Finance Rs 20 lakh for failing to comply with Know Your Customer (KYC) norms, citing non-verification of PAN details and multiple identification...

IGL Announces 1:1 Bonus Share Issue - Boost for Shareholders

December 10, 2024 15:26

Indraprastha Gas Ltd (IGL) declares a 1:1 bonus share issue, aiming to increase retail investor participation and reward shareholders. The company cites strong financial performance and growth...

Coal Scam: Abhijeet Infra Convicted in CBI Case

December 9, 2024 16:20

A special CBI court convicted Abhijeet Infrastructure Pvt Ltd, its MD Manoj Kumar Jayaswal, and former director Ramesh Kumar Jayaswal in a coal scam case related to the allocation of Brinda, Sisai,...

Piramal Pharma Settles Dispute with VetDC Inc for USD 407,400

December 6, 2024 18:07

Piramal Pharma has agreed to pay USD 407,400 to VetDC, Inc to settle a dispute over rejected batches of a product. The company says the settlement will not significantly impact its financial position.

Hero MotoCorp Shares Surge on Strong Q2 Earnings

November 18, 2024 11:34

Hero MotoCorp shares jumped over 5% after the company reported a 6% YoY increase in profit for the September quarter, driven by higher sales.

Hero MotoCorp Q2 PAT Up 6% to Rs 1,066 Cr - Higher Sales Drive Growth

November 14, 2024 20:11

Hero MotoCorp's consolidated profit after tax (PAT) surged 6% to Rs 1,066 crore in Q2 FY25, driven by robust sales. The company's revenue also increased, with a strong performance in both...

IL''FS Resolution Deadline Extended to March 2025

November 13, 2024 12:53

NCLAT extends moratorium on IL''FS resolution, directs completion of remaining 58 firms by March 31, 2025. Debt resolution process is at an advanced stage with significant progress made.

Reliance Power Reports Rs 2,878 Crore Net Profit

November 13, 2024 10:45

Reliance Power has announced a consolidated net profit of Rs 2,878.15 crore in the July-September quarter, driven by a gain from deconsolidation of a subsidiary and settlement of guarantor...

RBI Cancels License of Durga Co-op Urban Bank

November 12, 2024 18:34

The Reserve Bank of India has cancelled the licence of Vijayawada-based The Durga Co-operative Urban Bank due to inadequate capital and earning prospects. Depositors will be eligible for insurance...

RBI Fines South Indian Bank for Non-Compliance

November 8, 2024 20:18

The Reserve Bank of India (RBI) has imposed a penalty of Rs 59.20 lakh on South Indian Bank for non-compliance with directions on interest rates and customer service.

IL''FS Resolves Rs 38,082 Cr Debt by Sep-end

November 6, 2024 11:59

IL''FS Group has discharged Rs 38,082 crore debt to creditors by September 30, 2024, as per an NCLAT filing. The firm aims to resolve a total of Rs 61,000 crore debt.

IL&FS Seeks Legal Advice for Excess Remuneration Recovery

November 5, 2024 14:14

IL&FS is seeking legal advice to recover excess remuneration paid to former directors. The debt-ridden firm is aiming to recover approximately Rs 187 crore from the previous board, who...

Udaan Raises Rs 300 Cr: Funding for Expansion & Profitability

October 28, 2024 12:11

Online B2B platform udaan secures Rs 300 crore in debt financing from Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital. The funds will be used to expand its 'Micro-Market...

Economic Activity Moderates in Q2: NCAER-NSE Survey

October 18, 2024 17:00

India's economic activity showed dynamism in Q2 of 2024-25, but at a moderated pace, according to the NCAER-NSE Business Expectations Survey. Business sentiments moderated compared to the previous...

Assam's Debt Soars to Rs 1.52 Lakh Cr: Congress Demands Fiscal Transparency

October 16, 2024 16:37

Congress demands a white paper on Assam's finances, alleging a huge rise in debt under CM Himanta Biswa Sarma and financial mismanagement leading to salary delays and contractor payment issues.

Maharashtra Welfare Schemes Won't Dent Finances: Icra

October 16, 2024 14:47

Icra Ratings says Maharashtra's new welfare schemes are unlikely to impact state finances despite concerns over their cost. The agency cites the state's strong fiscal position and limited welfare...

Avaada Energy Refinances Rs 597 cr Solar Projects

October 15, 2024 12:25

Avaada Energy secures Rs 597 crore refinancing from NIIF IFL for its solar projects in Karnataka and Maharashtra, supporting leading corporates in their energy transition goals.

SpiceJet Settles USD 23.39 Million Dispute with Aircastle & Wilmington Trust

October 15, 2024 10:20

SpiceJet has settled a USD 23.39 million dispute with aircraft lessors Aircastle and Wilmington Trust, adding to recent financial settlements and strengthening its financial position.

Anil Ambani's Reliance Group Transformation: Debt Reduction & Fund Raising

September 22, 2024 18:03

Reliance Group, led by Anil Ambani, embarks on a transformation journey with debt reduction and fund raising initiatives. The group aims to solidify its financial position and invest in growth...

SpiceJet Raises Rs 3,000 Cr from Institutional Investors

September 21, 2024 21:38

SpiceJet has raised Rs 3,000 crore through a Qualified Institutional Placement (QIP), with major investors including Societe Generale, Goldman Sachs, and Discovery Global Opportunity. The funds...

Sebi Exempts Spice Healthcare from Open Offer for SpiceJet

September 14, 2024 20:28

Sebi has exempted Spice Healthcare from making an open offer to SpiceJet shareholders after the conversion of warrants. The exemption is subject to certain conditions, including a 24-month lock-in...

RBI Fines BNP Paribas, 3 Others for Non-Compliance

September 13, 2024 18:03

The Reserve Bank of India has imposed penalties on BNP Paribas, Hewlett Packard Financial Services, SMFG India Credit, and Muthoot Vehicle & Asset Finance for violations of certain banking...

Union Budget 2024-25: Balanced Growth, Fiscal Consolidation

July 31, 2024 19:23

Finance Minister Nirmala Sitharaman defends Union Budget 2024-25, highlighting growth, employment, fiscal consolidation, and cooperative federalism.

Budget Balances Growth, Employment & Capex: FM

July 31, 2024 16:01

India's Union Budget 2024-25 focuses on growth, employment, capital investment, and fiscal consolidation, with increased funding for states and agriculture. The FM highlights the government's...

RBI Cancels Licence of Mahabhairab Coop Urban Bank, Tezpur

July 24, 2024 18:32

The Reserve Bank of India (RBI) has cancelled the licence of Tezpur-based The Mahabhairab Cooperative Urban Bank due to its deteriorating financial condition. The bank will cease to operate with...

Bhu-Aadhaar for Rural Land, Urban Land Records Digitization: Budget 2023

July 23, 2024 13:59

India's Budget 2023 proposes 'Bhu-Aadhaar' for rural land parcels, digitization of urban land records, and other land reforms to boost economic growth and efficiency.

IL&FS Submits Revised Financials to NCLT

July 15, 2024 20:57

IL&FS has submitted revised financial statements for two of its group companies, IL&FS Transportation and IL&FS Financial Services, to the National Company Law Tribunal (NCLT).

RBI Cancels Shimsha Sahakara Bank License: Depositors Protected

July 5, 2024 19:47

Reserve Bank of India cancels the license of Shimsha Sahakara Bank Niyamitha due to financial woes. Depositors will receive insurance up to Rs 5 lakh from DICGC.

RBI Fines Punjab National Bank Rs 1.31 Crore for KYC Violations

July 5, 2024 19:45

The Reserve Bank of India has imposed a Rs 1.31 crore penalty on Punjab National Bank for non-compliance with KYC and loan-related regulations. The penalty was imposed following a statutory...

RBI Cancels License of Banaras Merchantile Co-op Bank

July 4, 2024 20:17

The Reserve Bank of India has cancelled the licence of Banaras Merchantile Co-operative Bank, Varanasi due to its worsening financial position. Depositors are entitled to receive up to Rs 5 lakh...

Allcargo Gati Raises Rs 169.28 Crore Through QIP

July 2, 2024 16:22

Allcargo Gati Ltd raised Rs 169.28 crore through a Qualified Institutional Placement (QIP). The funds will be used for technology, infrastructure, and deleveraging the balance sheet.

Sebi Fines Kwality's Ex-MD, Others for Financial Misrepresentation

June 28, 2024 20:11

Sebi has penalized Kwality's former MD, Sanjay Dhingra, and other entities for misrepresenting the company's financials, leading to a fine of Rs 3.75 crore and a two-year market ban.

RBI Fines HSBC Rs 29.6 Lakh for Credit Card Violations

June 28, 2024 18:55

The Reserve Bank of India (RBI) has imposed a penalty of Rs 29.6 lakh on HSBC for non-compliance with directions related to credit card operations. The penalty was imposed following a supervisory...

Bajaj Auto: Domestic Biz Momentum & Export Recovery

June 21, 2024 19:47

Bajaj Auto expects continued domestic growth in FY24, aiming to recover export volumes and expand production for new businesses like Chetak electric scooters and Triumph motorcycles.

RBI cancels licence of Mumbai-based The City Co-operative Bank

June 19, 2024 19:43

Reserve Bank of India cancels the licence of The City Co-operative Bank in Mumbai due to lack of capital and earning prospects. Depositors will be eligible for insurance claims up to Rs 5 lakh.

RBI cancels licence of Purvanchal Co-op Bank, Ghazipur

June 17, 2024 16:18

The Reserve Bank of India has cancelled the license of Purvanchal Co-operative Bank, Ghazipur, Uttar Pradesh due to inadequate capital and earning prospects. Depositors are entitled to receive...

RBI imposes Rs 1.45 cr penalty on Central Bank of India

June 14, 2024 18:42

The Reserve Bank of India has imposed a penalty of Rs 1.45 crore on Central Bank of India for non-compliance with directions related to loans and advances and customer protection.

Samvardhana Motherson Q4 Profit Surges 2-fold to Rs 1,444 cr

May 29, 2024 17:32

Samvardhana Motherson International Ltd reported a strong Q4 FY24, with net profit doubling to Rs 1,444 crore. Revenue also saw significant growth, driven by robust performance across automotive...

RBI Fines Hero FinCorp Rs 3.1 Lakh for Fair Practices Code Violation

May 24, 2024 19:52

The Reserve Bank of India (RBI) has imposed a penalty of Rs 3.1 lakh on Hero FinCorp Limited for non-compliance with certain provisions relating to fair practices code.

GSFCL Q4 Profit Plunges 89%: Poor Sales Hit Fertilizer Giant

May 21, 2024 20:04

Gujarat State Fertilisers and Chemicals (GSFCL) saw a sharp decline in net profit for the fourth quarter of 2023-24, attributed to weak sales. The company faced challenges in both fertilizer and...

Telangana BJP Leader Raises Fiscal Concerns Over Govt Borrowings - News18

May 20, 2024 19:37

Telangana BJP leader NVSS Prabhakar raised concerns with FM Nirmala Sitharaman over the Congress government's financial management, alleging unsustainable borrowings. Read more.

EKI Energy Services Q4 Loss Falls to Rs 29 Crore

May 12, 2024 23:18

EKI Energy Services reported a net loss of Rs 29.10 crore in the March quarter, down from Rs 47.75 crore a year ago, driven by reduced expenses. The company's total income also declined.

UPSIDA Revenue Hits Record Rs 1,359 Cr in FY'24

May 5, 2024 16:38

UPSIDA's revenue reached a record Rs 1,359 crore in FY'24, marking a doubling compared to FY'19. The authority's focus on infrastructure development and land allocation has led to significant...

Ajanta Pharma Q4 Profit Soars 66% to Rs 203 Cr

May 2, 2024 19:02

Ajanta Pharma reported a 66% jump in net profit to Rs 203 crore in the March quarter, driven by strong domestic and international sales. The company also announced a share buyback.

ITPCL Debt Restructuring: NCLAT Rejects SBI Objection

April 28, 2024 16:06

NCLAT rejects SBI's objection to the liquidation value of ITPCL, upholding the debt restructuring plan approved by majority lenders. Read more.

Trump Stock Plunge: Short Sellers Profit

April 26, 2024 22:13

Short sellers are profiting from the decline of Trump Media & Technology stock, betting on its financial struggles and volatile trading. But risks remain high.

Trump Media Stock: Truth Social's Wild Ride

April 26, 2024 09:45

Truth Social's stock has been volatile since going public. Experts say Trump's influence and retail investors are driving the action, but the company's future is uncertain.

SBI General Insurance Profit Jumps 30% in FY24

April 25, 2024 17:16

SBI General Insurance reported a 30.4% rise in net profit to Rs 240 crore in FY24, driven by strong growth in overall business and a diverse product portfolio.

SBI General Insurance Profit Jumps 28% to Rs 240 cr in FY'24

April 25, 2024 16:29

SBI General Insurance reported a 28% rise in net profit at Rs 240 crore for the financial year ended March 2024, driven by strong growth in overall business.

Adani Raises Ambuja Cements Stake to 70.3% with Rs 8,339 Cr Infusion

April 17, 2024 17:44

Gautam Adani's family has infused Rs 8,339 crore in Ambuja Cements, raising its stake to 70.3%. This investment aims to boost the cement maker's manufacturing capacity and accelerate its growth...

RBI Restricts Mumbai's Sarvodaya Co-op Bank

April 15, 2024 21:05

The Reserve Bank of India has imposed restrictions on Sarvodaya Co-operative Bank in Mumbai, limiting withdrawals to Rs 15,000 due to financial concerns. Learn more about the restrictions and their...

RBI Restricts Pratapgarh Co-op Bank: Withdrawals Capped at ₹10,000

April 15, 2024 20:44

The Reserve Bank of India has imposed restrictions on National Urban Co-operative Bank Ltd, Pratapgarh, including a ₹10,000 withdrawal limit, due to financial concerns. Learn more about the...

Vedanta Secures Rs 3,900 Cr Loan for Power Projects

April 15, 2024 18:05

Vedanta Ltd has secured a Rs 3,918 crore loan from PFC to expedite completion of its power projects, aiming to reach 4.8 GW capacity by FY27.

RBI Restricts Shirpur Coop Bank: Withdrawal Curbs, Financial Woes

April 8, 2024 18:18

The Reserve Bank of India has imposed restrictions on Shirpur Merchants' Co-operative Bank, limiting withdrawals and loan approvals due to its deteriorating financial position. Learn more about the...

NHBF Demands Compensation for Toll Revision Deferment

April 2, 2024 15:09

The National Highways Builders Federation (NHBF) has demanded compensation from NHAI for the loss of revenue due to the deferment of toll revision during the Lok Sabha elections.

NFRA Enhances Audit Quality with Independent Directors & Committees

March 5, 2024 18:03

The NFRA engages with audit committees & independent directors to improve audit quality & corporate governance, harnessing big data & AI for accurate financial reporting.

Business Integrity Key for Growth: NCLAT Chairperson

March 5, 2024 12:21

NCLAT Chairperson Justice Ashok Bhushan stresses business integrity for economic growth and investor confidence, highlighting the importance of transparent financial reporting and audit quality.

IIFL Finance Shares Plunge 20% After RBI Ban on Gold Loans

March 5, 2024 11:18

IIFL Finance shares hit the lower circuit limit after the Reserve Bank of India barred the firm from disbursing gold loans due to supervisory concerns regarding gold purity.

RBI Bans IIFL Finance From Gold Loans: Supervisory Concerns

March 4, 2024 19:13

Reserve Bank of India (RBI) barred IIFL Finance from disbursing gold loans due to supervisory concerns including deviations in gold purity certification, breaches in loan-to-value ratio and more.

RBI Bans IIFL Finance from Gold Loans: Supervisory Concerns

March 4, 2024 17:51

The Reserve Bank of India has barred IIFL Finance from sanctioning or disbursing gold loans due to material supervisory concerns in its gold loan portfolio. The RBI has ordered a special audit.

RBI Cancels Licence of Sumerpur Mercantile Urban Coop Bank

February 28, 2024 20:49

The Reserve Bank of India (RBI) has cancelled the licence of Sumerpur Mercantile Urban Cooperative Bank due to inadequate capital and earning prospects. Depositors will receive insurance up to Rs 5...

SpiceJet Raises Rs 316 Crore, Total Funds Reach Rs 1,060 Crore

February 22, 2024 11:53

SpiceJet secures an additional Rs 316 crore, bringing total funds raised to Rs 1,060 crore through a preferential share issue, providing much-needed relief to the struggling airline.

SpiceJet Shares Plunge 3% Amid Financial Concerns

February 14, 2024 19:36

SpiceJet shares fell over 3% on Wednesday, raising concerns about the airline's financial health. The carrier is planning job cuts as part of its turnaround strategy.

Congress Slams Govt's White Paper as 'Hiding Dark Truths' | India News

February 10, 2024 16:09

Congress leader K C Venugopal criticized the government's White Paper on the economy, alleging it hides the 'dark truths' of the country and diverts attention from key issues like...

Gensol Engineering Raises Rs 900 Cr via Warrants

February 7, 2024 13:54

Gensol Engineering has raised Rs 900 crore through the issue of convertible warrants, with participation from international and domestic investors. The funds will be used for working capital,...

RBI Cancels Licence of Jai Prakash Narayan Nagari Sahakari Bank

February 6, 2024 19:39

The Reserve Bank of India has cancelled the licence of Jai Prakash Narayan Nagari Sahakari Bank in Maharashtra due to its financial instability. Depositors are eligible for insurance up to Rs 5 lakh.

RBI Fines PFC Rs 8.8 Lakh for Liquidity Risk Compliance

February 6, 2024 19:39

The Reserve Bank of India (RBI) has imposed a penalty of Rs 8.8 lakh on Power Finance Corporation (PFC) for non-compliance with liquidity risk management regulations.

RBI Fines Bajaj Housing Finance Rs 5 Lakh for Regulatory Violations

February 2, 2024 20:57

The Reserve Bank of India has imposed a penalty of Rs 5 lakh on Bajaj Housing Finance for non-compliance with certain regulatory provisions related to changes in management. The penalty is based on...

BYJU'S Investors Can't Oust CEO: Shareholder Agreement

February 2, 2024 15:49

BYJU'S says investors lack voting rights to remove CEO, despite calls for EGM. The edtech firm is facing issues over governance and financial management.

SpiceJet Secures Rs 900 Cr Funding: Fleet Upgrade, Cost Cuts on Agenda

January 29, 2024 12:05

SpiceJet receives over Rs 900 crore in funding, focusing on fleet upgradation and cost-cutting measures to navigate turbulent times. The airline also plans to bid for bankrupt Go First.

RBI Report: Panchayats Need Revenue Boost

January 24, 2024 20:29

A new RBI report highlights the need for Panchayats to increase their own revenue sources and improve governance for sustainable growth. The report emphasizes the importance of State Finance...

Swan Energy Repays Rs 40 Crore Textile Unit Debt

December 27, 2023 20:38

Swan Energy has repaid Rs 40 crore debt for its textile unit, part of its commitment to reduce debt. The company also recently acquired Reliance Naval and Engineering, expanding its operations into...

RBI Fines TDCC Bank Rs 2 Lakh for Loan to Director

December 23, 2023 11:57

The Reserve Bank of India (RBI) has imposed a penalty of Rs 2 lakh on Thane District Central Co-operative (TDCC) Bank for violating banking regulations by sanctioning a loan to one of its directors.

RINL, JSPL Partner for Working Capital, Raw Material Supply

December 21, 2023 21:50

RINL and JSPL sign an agreement for working capital support and raw material supply, enabling RINL to restart its third blast furnace (BF-3) in December 2023.

Vizag Steel Plant Secures Rs 900 Cr Working Capital from JSPL

December 21, 2023 21:28

Vizag Steel Plant has secured Rs 900 crore in working capital from JSPL to boost sales, increase monthly turnover, and reduce losses. The deal will enable the plant to restart Blast Furnace-3...

SpiceJet Shares Surge on Go First Acquisition Interest - Business News

December 19, 2023 17:05

SpiceJet shares climbed nearly 8% after announcing interest in acquiring bankrupt Go First. The airline is also raising USD 270 million for growth plans.

SpiceJet to Acquire Bankrupt Go First

December 19, 2023 11:03

SpiceJet expresses interest in acquiring Go First, plans to submit an offer after due diligence. Go First is undergoing insolvency resolution process after facing financial woes.

Jai Balaji Industries Retires Legacy NPAs with Rs 559 cr Loan

December 18, 2023 13:24

Jai Balaji Industries has secured a Rs 559 crore loan from Tata Capital Financial Services to retire legacy NPAs held by ARCs. The company aims to be debt-free within the next 12 months.

SpiceJet to Raise Rs 2,250 Cr Amid Financial Woes

December 12, 2023 21:22

SpiceJet will raise over Rs 2,250 crore through share issuance to navigate financial headwinds. The airline also reported a reduced net loss in the September quarter.

SpiceJet to Raise Rs 2,250 Cr Amid Financial Woes

December 12, 2023 16:35

SpiceJet to raise over Rs 2,250 crore through equity issuance to investors, including financial institutions and FIIs, as the airline navigates financial headwinds. The airline's September quarter...

RBI Cancels License of Shankarrao Pujari Nutan Nagari Sahakari Bank

December 4, 2023 22:03

The Reserve Bank of India (RBI) has cancelled the licence of Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Kolhapur, due to inadequate capital and earning prospects. The bank will cease to...

Satyam Case: Sebi Orders Disgorgement of Rs 624 Crore

December 1, 2023 19:17

Sebi orders Ramalinga Raju and others to disgorge unlawful gains worth over Rs 624 crore in the Satyam Computer Services case, barring them from the securities market for nearly five years.

Company Name
Price
Volume

Vodafone Idea L
7.91 ( -3.42)
63014572

Srestha Finvest
0.55 (+ 1.85)
25579372

Standard Capital
0.51 ( -1.92)
23892719

YES Bank Ltd.
17.20 ( -4.18)
13060858

GTL Infrastructure
1.47 ( -3.92)
10225168

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Search result for 'financial position'

Mizoram's Financial Position Improves: CM

ACME Solar Holdings Secures Rs 2,491 Cr Refinancing

Cineline India Focuses on Film Exhibition Expansion After Debt-Free Status

Haldiram Sells Stake to IHC & Alpha Wave Global - $10 Billion Valuation

Himachal CM Seeks Additional Borrowing from Sitharaman | PTI News

IBBI Mandates Carry-Forward Loss Disclosure in Insolvency

SpiceJet Founder Injects Rs 294 Crore, Shareholding Rises

RBI Directs IndusInd Bank to Complete Remedial Action

Capital Infra Trust Raises Rs 2,363 Cr Through Debt Securities

Tata Capital IPO: USD 2 Billion Listing After Merger Approval

Gensol Engineering Addresses Debt, Credit Downgrades

Religare Appoints Four Directors, Suspends MIC Operations

Varanasi-Aurangabad Highway Raises USD 316.3 Million

Gensol Engineering Sells US Arm Scorpius Trackers for Rs 350 cr

RBI Fines Citibank Rs 39 Lakh for Regulatory Violations

Info Edge Q3 Profit Soars 61% to Rs 242.6 Cr, Stock Split Approved

BMC Allocates Rs 1000 Cr for BEST Bus Services in FY 2025-26

CARE Upgrades Inox Wind Banking Facilities Ratings

Technopark Gets A+/Stable Rating for Fourth Year in a Row

RBI Fines IndusInd Bank Rs 27.30 Lakh for Interest Rate Violations

RBI Fines Manappuram Finance for KYC Violations

IGL Announces 1:1 Bonus Share Issue - Boost for Shareholders

Coal Scam: Abhijeet Infra Convicted in CBI Case

Piramal Pharma Settles Dispute with VetDC Inc for USD 407,400

Hero MotoCorp Shares Surge on Strong Q2 Earnings

Hero MotoCorp Q2 PAT Up 6% to Rs 1,066 Cr - Higher Sales Drive Growth

IL''FS Resolution Deadline Extended to March 2025

Reliance Power Reports Rs 2,878 Crore Net Profit

RBI Cancels License of Durga Co-op Urban Bank

RBI Fines South Indian Bank for Non-Compliance

IL''FS Resolves Rs 38,082 Cr Debt by Sep-end

IL&amp;FS Seeks Legal Advice for Excess Remuneration Recovery

Udaan Raises Rs 300 Cr: Funding for Expansion & Profitability

Economic Activity Moderates in Q2: NCAER-NSE Survey

Assam's Debt Soars to Rs 1.52 Lakh Cr: Congress Demands Fiscal Transparency

Maharashtra Welfare Schemes Won't Dent Finances: Icra

Avaada Energy Refinances Rs 597 cr Solar Projects

SpiceJet Settles USD 23.39 Million Dispute with Aircastle & Wilmington Trust

Anil Ambani's Reliance Group Transformation: Debt Reduction & Fund Raising

SpiceJet Raises Rs 3,000 Cr from Institutional Investors

Sebi Exempts Spice Healthcare from Open Offer for SpiceJet

RBI Fines BNP Paribas, 3 Others for Non-Compliance

Union Budget 2024-25: Balanced Growth, Fiscal Consolidation

Budget Balances Growth, Employment & Capex: FM

RBI Cancels Licence of Mahabhairab Coop Urban Bank, Tezpur

Bhu-Aadhaar for Rural Land, Urban Land Records Digitization: Budget 2023

IL&amp;FS Submits Revised Financials to NCLT

RBI Cancels Shimsha Sahakara Bank License: Depositors Protected

RBI Fines Punjab National Bank Rs 1.31 Crore for KYC Violations

RBI Cancels License of Banaras Merchantile Co-op Bank

Allcargo Gati Raises Rs 169.28 Crore Through QIP

Sebi Fines Kwality's Ex-MD, Others for Financial Misrepresentation

RBI Fines HSBC Rs 29.6 Lakh for Credit Card Violations

Bajaj Auto: Domestic Biz Momentum & Export Recovery

RBI cancels licence of Mumbai-based The City Co-operative Bank

RBI cancels licence of Purvanchal Co-op Bank, Ghazipur

RBI imposes Rs 1.45 cr penalty on Central Bank of India

Samvardhana Motherson Q4 Profit Surges 2-fold to Rs 1,444 cr

RBI Fines Hero FinCorp Rs 3.1 Lakh for Fair Practices Code Violation

GSFCL Q4 Profit Plunges 89%: Poor Sales Hit Fertilizer Giant

Telangana BJP Leader Raises Fiscal Concerns Over Govt Borrowings - News18

EKI Energy Services Q4 Loss Falls to Rs 29 Crore

UPSIDA Revenue Hits Record Rs 1,359 Cr in FY'24

Ajanta Pharma Q4 Profit Soars 66% to Rs 203 Cr

ITPCL Debt Restructuring: NCLAT Rejects SBI Objection

Trump Stock Plunge: Short Sellers Profit

Trump Media Stock: Truth Social's Wild Ride

SBI General Insurance Profit Jumps 30% in FY24

SBI General Insurance Profit Jumps 28% to Rs 240 cr in FY'24

Adani Raises Ambuja Cements Stake to 70.3% with Rs 8,339 Cr Infusion

RBI Restricts Mumbai's Sarvodaya Co-op Bank

RBI Restricts Pratapgarh Co-op Bank: Withdrawals Capped at ₹10,000

Vedanta Secures Rs 3,900 Cr Loan for Power Projects

RBI Restricts Shirpur Coop Bank: Withdrawal Curbs, Financial Woes

NHBF Demands Compensation for Toll Revision Deferment

NFRA Enhances Audit Quality with Independent Directors & Committees

Business Integrity Key for Growth: NCLAT Chairperson

IIFL Finance Shares Plunge 20% After RBI Ban on Gold Loans

RBI Bans IIFL Finance From Gold Loans: Supervisory Concerns

IL&FS Seeks Legal Advice for Excess Remuneration Recovery

IL&FS Submits Revised Financials to NCLT