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NHAI-sponsored Raajmarg Infra Investment Trust secured ₹1,728 crore from anchor investors ahead of its ₹6,000 crore IPO, opening March 11 for retail participation.
The Reserve Bank of India has introduced a new prudential framework for bank dividends effective FY27, linking payouts to capital strength and capping them at 75% of profits.
The Reserve Bank of India has issued updated prudential norms linking bank dividend payouts directly to capital strength, setting a new framework effective from FY 2026-27.
The Reserve Bank of India has introduced a revised framework for bank dividend payouts, capping them at 75% of adjusted profits and linking them to capital adequacy.
Tata Consultancy Services sees its market capitalization fall by over $100 billion from its 2022 peak amid IT sector headwinds and AI-related uncertainties.
Hindustan Zinc has awarded contracts to CIMIC Group's Sedgman and Leighton Asia to build India's first zinc tailings recycling facility at its Rampura Agucha Mines.
G7 finance ministers are discussing a coordinated release of strategic oil reserves after escalating conflict in the Middle East pushed crude prices above $116 per barrel.
A rapidly expanding military conflict involving the US, Israel, and Iran now includes strikes in Lebanon, Iraq, and several Gulf nations, escalating regional tensions.
An escalating conflict in the Middle East involving Iran has disrupted oil supplies through the Strait of Hormuz, causing crude prices to spike above $110 and triggering a sharp downturn in global stock markets.
The escalating conflict triggered by US-Israeli strikes on Iran has resulted in over 1,600 deaths across the Middle East, disrupting global energy markets and supply chains.
The Reserve Bank of India is actively intervening in currency and bond markets to stabilize the rupee, which hit a record low amid surging global crude oil prices.
Indian Railway Finance Corporation's board has approved a substantial ₹70,000 crore fundraising plan for FY27 and declared a second interim dividend of ₹1.05 per share.
POWERGRID's board has approved raising ₹5,000 crore via a term loan, investing ₹233.96 crore in a security center, and divesting its entire stake in subsidiary CTUIL.
Vertex Pharmaceuticals shares surged in after-hours trading following the announcement of positive interim results from a Phase 3 trial for its kidney disease drug, povetacicept.
G7 nations are prepared to release strategic oil reserves to counter surging prices driven by Middle East conflict but have decided against immediate action.
NSE CEO Ashish Chauhan confirms the timeline for its long-awaited IPO, which will be an Offer for Sale and list on the BSE after merchant bankers are appointed.