Axis Bank plans to raise up to Rs 4,175 crore via NCDs Axis Bank plans to raise up to Rs 4,175 crore via NCDs Avalokita Pandey / Thursday, January 30, 2020 0 1214 Article rating: 4.3 Axis Bank, the third-largest private sector bank in India, informed on Thursday that they are planning to raise up to Rs 4,175 crore by issuing Non-Convertible Debentures (NCDs) on a private-placement basis. Read more
KYC breach: RBI imposes penalty of Rs 1 crore on HDFC Bank KYC breach: RBI imposes penalty of Rs 1 crore on HDFC Bank Avalokita Pandey / Thursday, January 30, 2020 0 1462 Article rating: 3.4 Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on HDFC Bank for non-compliance of norms related to Know Your Customer (KYC). Read more
Sensex rebounds after two-day loss; closes above 200 points Sensex rebounds after two-day loss; closes above 200 points Avalokita Pandey / Wednesday, January 29, 2020 0 523 Article rating: 5.0 Sensex closed above 200 points at the end of Wednesday’s trading session at 41,198.66 levels, up by 0.57 per cent. While, Nifty managed to close at 12,129.50 levels, up by 0.61 per cent. Read more
Rallis India stock hits 21-month high today Rallis India stock hits 21-month high today Avalokita Pandey / Wednesday, January 29, 2020 0 1045 Article rating: 4.0 Rallis India Limited, a chemical manufacturing company of Tata Group, rallied seven per cent today to hit 21-month high level of Rs 247 on BSE. Read more
Tata Group plans EV ecosystem; launch Nexon EV in India Tata Group plans EV ecosystem; launch Nexon EV in India Avalokita Pandey / Wednesday, January 29, 2020 0 1208 Article rating: 4.4 Tata Group, one of India’s largest conglomerates, is planning to take a major step towards a clean and safe environment by making an ecosystem consisting electric cars and batteries, charging stations and battery recycling plants. Read more