Mumbai Jun 23 (PTI) Reliance Infrastructure Chairman Anil Ambani on Tuesday said the company will be completely debt-free this financial year. RInfra, which is sitting on a debt of over Rs 6,000 crore, has been working towards monetising its assets to reduce debt.
New Delhi, Jun 23 (PTI) Larsen & Toubro on Tuesday said it is committed to reduce dependence on imported products from China and achieve self-reliance for domestic industry to support 'Atma Nirbhar Bharat' initiative. As many as 20 Indian Army personnel were killed in a...
Mumbai, Jun 22 (PTI) Fino Payments Bank on Monday said it has opened 2 lakh customer accounts since April 1, despite the COVID-19 lockdown. All the accounts meet the complete Know Your Customer (KYC) requirements, the bank said in a statement. The...
New Delhi, Jun 22 (PTI) Microfinance lender Satin Creditcare Network Ltd (SCNL) on Monday said its board has approved raising up to Rs 120 crore through rights issue of shares. "The board of directors of the company, at its meeting held today (Monday), June 22,...
New Delhi, Jun 22 (PTI) UTI Asset Management Company (AMC) has received markets regulator Sebi's go ahead to raise a little over Rs 3,000 crore through its initial public offering (IPO). The IPO of the country's largest asset management company in terms of total assets...
Kolkata, Jun 20 (PTI) mjunction has deployed an e-procurement platform for the Ordnance Factory Board (OFB) and it will be in operation for seven years, the B2B e-commerce company said. The portal will be used by all OFB suppliers, 41 Ordnance factories, the Ordnance Factory...
New Delhi, Jun 20 (PTI) State-owned Punjab National Bank (PNB) has said its standalone net loss narrowed to Rs 697.20 crore in the fourth quarter ended March 31, due to lower provisioning against bad loans. The second largest public sector lender had posted a loss...
Mumbai, Jun 17 (PTI) Logistics solutions provider Ecom Express on Wednesday said it is planning to hire over 7,000 employees in the next two months. The hiring will span across business functions such as last-mile delivery, warehousing management, operations, information technology and data sciences.
New Delhi, Jun 16 (PTI) Worried about the stability of financial sector following outbreak of coronavirus, many Indian companies are shifting their accounts to larger and more stable banks, said a report. The outbreak of COVID-19 has created unprecedented crisis around the globe impacting hard...
New Delhi, Jun 15 (PTI) Mutual funds focussed on fixed-income securities witnessed 46 per cent month-on-month jump in investment to Rs 63,665 crore in May, mainly due to robust inflow in liquid schemes and measures taken by the RBI. Most individual categories that invest in...
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