Friday, October 30, 2020
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...
New Delhi, Jun 14 (PTI) Hospitality firm Sarovar Hotels and Resorts on Sunday said it is currently operating 41 out of 83 properties in India. The company manages 86 hotels. Out of these, 83 hotels are in India and three are in Africa.
New Delhi, Jun 14 (PTI) Tata Starbucks, the coffee chain joint venture (JV), posted a "growth of 21 per cent for the financial year 2019-20", helped by increase in sales and stores, according to the annual report of Tata Consumer Products Ltd (TCPL). Though business...
New Delhi, Jun 13 (PTI) Tata Communications on Saturday reported widening of consolidated losses at about Rs 275 crore for the fourth quarter ended March 31, mainly due to provisioning for statutory dues. It had registered net loss of Rs 199 crore in the year-ago...
New Delhi, Jun 13 (PTI) Non-banking finance company Spandana Sphoorty Financial Ltd on Saturday said it will raise up to Rs 100 crore by issuing bonds on a private placement basis. The decision was taken at a meeting of the management committee of the board...
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