SK Finance files draft papers with Sebi  to garner `2,200 crore via IPO

SK Finance files draft papers with Sebi to garner `2,200 crore via IPO

Friday, 03 May 2024 | PTI | New Delhi

Vehicle finance and business loans-focused non-bank lender SK Finance has filed preliminary papers with capital markets regulator Sebi to garner Rs 2,200 crore through an initial share sale. The proposed initial public offer (IPO) is a combination of a fresh issue of equity shares worth Rs 500 crore and an offer...

Patanjali Foods gets show cause notice for GST dues

Patanjali Foods gets show cause notice for GST dues

Tuesday, 30 April 2024 | PTI | New Delhi

Patanjali Foods has been served a show cause notice by the GST intelligence department, asking the company to explain why input tax credit worth Rs 27.46 crore should not be recovered from it. The Yoga guru Ramdev-led Patanjali Ayurved Group firm, which is mainly into the edible oil business, has received...

Rupee falls 10 paise to settle at 83.48 against US dollar

Rupee falls 10 paise to settle at 83.48 against US dollar

Tuesday, 30 April 2024 | PTI | Mumbai

The rupee declined 10 paise to close at 83.48 (provisional) against the US dollar on Monday, as investors remained cautious ahead of the US Federal Reserve’s monetary policy decision. A robust sentiment in the domestic equity market and softening crude prices in the international market, however, cushioned the downfall in the...

Infant food formulation done on global basis, racial stereotype charges unfortunate: Nestle

Tuesday, 30 April 2024 | PTI | GurugramGurugram

Nestle India Chairman & Managing Director Suresh Narayanan on Monday asserted that the company’s infant food formulation for children below 18 months is done on a global basis and the allegation that “it is racially stereotyped is unfortunate” and untrue. Addressing reporters here, he said the amount of sugar content in...

Urja Arpan conclave organised

Tuesday, 30 April 2024 | PNS | New Delhi

Tata Power Delhi Distribution Limited (Tata Power-DDL), a leading power utility supplying electricity to a populace of 7 million in North Delhi, hosted the second edition of Urja Arpan Conclave on April 24, 2024, to commemorate the World Earth Day. The conclave focused on the Demand Side Management journey of Tata...

Good growth, cloud migration, GenAI gaining traction: HCLTech CEO

Tuesday, 30 April 2024 | PTI | New Delhi

HCL Technologies’ FY25 guidance of 3-5 per cent represents a “good growth” in current environment, CEO C Vijayakumar said, adding cloud migration and GenAI projects are gaining traction but financial services vertical could face ‘headwinds’. Vijayakumar told PTI in an interview that HCL Technologies (HCLTech) is keen on acquisitions in areas...

Dish TV launches service for customers in Delhi to access TV, OTT content

Tuesday, 30 April 2024 | PTI | New Delhi

Direct-to-home service provider Dish TV on Monday said its existing as well as new customers in Delhi can now access TV and OTT content from popular apps without paying an additional cost. With the ‘Dish TV Smart+’ service, all Dish TV and D2H customers can access to content on popular...

Indegene `1,842 crore IPO to open on May 6

Tuesday, 30 April 2024 | PTI | New Delhi

Indegene Ltd, a healthcare tech firm focused on the global life sciences industry, on Monday said it has fixed the price band at Rs 430 to Rs 452 per share for its Rs 1,842-crore initial share-sale offer that opens for public subscription on May 6. The initial public offering (IPO)...

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