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Aditya Birla Capital Board Approves Sale Of Stake In Sun Life AMC

Aditya Birla Capital Limited (ABCL) on Monday announced the approval of a substantial share sale. The decision, greenlit during the Asset Monetization Committee meeting convened on March 18, 2024, underscores the company's proactive approach towards regulatory adherence and strategic portfolio management. ...

Stock To Buy: This SFB Approves Rs. 3,000 Cr Capital Raising Plan, Pat Grew 32% YoY: Motilal Oswal

Top brokerage firm Motilal Oswal suggests investors buying the stocks of AU Small Finance Bank (SFB). AU Small Finance Bank's board reportedly approved an Rs. 3,000 crore capital raising plan, recently, which can be a key point to surge its share ...

Pocket FM Raises $65 Mn In Funding From The Goodwater Capital, Naver, Tanglin Venture

Audio OTT platform Pocket FM has raised USD 65 million (about Rs 492 crore) in a Series C funding round from Goodwater Capital, Naver and existing investor Tanglin Venture Partners. The capital will be invested in strengthening its leadership ...

Govt May Ask RBI To Relax Capital Norms For Banks: Report

As per the leading business daily report, the government will engage in discussion with the RBI to reduce and relax capital requirements currently stipulated for banks so as to align them to less-strict Basel III norms. The proposal comes after ...

10 Small Business Ideas Which Require Low Capital In India

There are many business ideas that one may have, which require small capital. However, in all these cases you need some expertise. However, in some cases you may be abe to hire experts and run a shop. Take a look at 10 small business ideas that require low capital. {photo-feature}...

Take stern steps to recover loans from wilful defaulters: P. Chidambaram

Concerned over the mounting level of bad loans, Finance Minister P Chidambaram today asked banks to take stern steps to recover advances from wilful defaulters."So banks must pay attention to the portfolio of non-performing assets, identify the wilful defaulters, take stern ...

Canara Bank to raise Rs.1,500 cr through bonds

New Delhi: The state-owned Canara Bank Ltd on Friday said it plans to raise Rs.1,500 crore from bonds to augment its capital base.The bank has decided to raise additional capital of Rs.1,500 crore through the issue of Basel-III complaint Tier-II bonds, ...

Govt allows unlisted companies to directly list abroad

Faced with high current account deficit (CAD), the government today allowed unlisted companies to directly list on stock exchanges abroad to raise funds for acquisitions or retiring debts. As of now, unlisted companies are not allowed to directly list in ...

King Fisher Airlines stock rallies on hopes of capital infusion

King Fisher Airlines stocks rallied more than 2.46% to trade at Rs 25 at 12.40 PM IST on reports of capital infusion. News reports suggested that there would be capital infusion into the company to the extent of $500-600 million. Fresh ...

Understanding 'what is investment'

The are many theories of investment and most are different from each other but the underlying objective is the same. Investment is the application of money for earning more money. An amount deposited into a bank for a specific period ...

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