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News Shots The US markets fell heavily (and recovered partially later) after the Fed made their announcements after the policy meeting. They hinted at least two interest rate hikes in 2023, a year earlier than forecasted in the March meeting. They also talked about reducing their bond buying programme. All these were discussed as they […]
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News Shots ICICI Bank has raised over Rs 2,827 crore by issuing bonds on a private placement basis. Wipro extended its partnership with Levi Strauss & Co. The four-year agreement builds upon the companies’ existing collaboration in digital commerce, infrastructure, and finance. Wipro will provide Global IT support services across Levi Strauss & Co.’s consumer […]
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News Shots Tech Mahindra is looking for acquisitions in Europe to upgrade its capabilities in various segments, including cloud computing, 5G, SAP and Salesforce softwares. Tata Motors board to meet on June 14 to consider raising Rs 500 crore via non-convertible debentures. A proxy advisory firm has raised questions on PNB Housing Finance’s decision to […]
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News Shots Bank of Baroda will conduct an e-auction of as many as 46 NPA accounts later this month to recover dues of Rs 597.41 crore. Financial services player Religare Enterprises proposes to raise Rs 570 crore via preferential issuance of shares to a clutch of investors, including existing shareholders, to fund its business plans. […]
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News Shots BPCL is setting up a 50,000 metric tonne per annum super absorbent polymer plant at the Kochi Refinery, the technology for which was developed in-house. Infosys announced a collaboration with Archrock, Inc., a leading provider of natural gas compression services in the U.S, to integrate digital technologies and mobile tools for its field […]
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News Shots RBI Monetary Policy Committee decision will be announced today. Repo rate is likely to be unchanged. Britannia Industries has approved a proposal to raise Rs 698.51 crore by issuing bonus debentures to eligible equity shareholders. Telecom gear maker Nokia and HFCL will participate in the Rs 12,195-crore telecom PLI scheme. Domestic air traffic […]

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