Indian benchmark indices ended largely flat on Thursday as domestic markets remained volatile amid elevated crude oil prices, while value buying after the recent correction provided support.
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This is part of AU’s plan to strengthen the bank’s leadership deck ahead of its transition into a universal bank and is the second lateral recruitment at the senior management level.
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India’s equity issuance market is expected to remain buoyant in the coming months as several large initial public offerings (IPOs) are lined up, which could sustain fundraising momentum and support higher corporate capital expenditure, according to a Bank of Baroda…
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Since the issue is an OFS, NSE itself will not get any of the funds raised. After deducting issue expenses, the proceeds will go to the shareholders selling their shares.
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Tata Sons has granted Chairman N Chandrasekaran a five-year extension, setting the stage for the long-awaited initial public offering of the group. This announcement spurred a surge in several Tata group stocks, particularly Tata Chemicals and Tata Investment Corporation, which…
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A split within Tata Trusts is affecting Tata Sons’ boardroom decisions regarding its impending listing. Sir Dorabji Tata Trust seeks to prevent its nominee director from supporting the public offering. The Reserve Bank of India has mandated that upper-layer NBFCs…
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