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Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI relaxes 26 per cent debt-equity conversion cap for ARCs

Central bank also asked the boards of ARCs to frame a policy for converting debt into equity.

24 Nov 2017 6:00 AM GMT

NTPC offers 2.74 crore equity shares to employees

Equity Shares of Rs 10 each to the eligible employees of NTPC Ltd at discounted price of Rs 159.60 per share.

6 Sep 2017 9:45 AM GMT

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

JSW Steel may raise additional long-term resources via rights issue

The promoter and promoter group hold 42.32 per cent stake in the company, while 57.12 per cent is held by the public.

21 Oct 2018 8:12 AM GMT

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC's open offer for 26 pc stake in IDBI Bank to begin from December 3

The open offer, at Rs 61.73 per equity share, will close on December 14.

11 Oct 2018 1:45 PM GMT

Fortis Healthcare board

IHH assumes control of Fortis, board approves Rs 4,000 cr preferential...

The board also approved the appointment of four IHH nominees on Fortis board.

14 Nov 2018 5:18 AM GMT

Board of Idea Cellular approved raising about Rs 3,250 cr from entities under promoter Aditya Birla Group.

Idea Cellular raises Rs 3,250 cr from promoter group

The net debt of Idea as on December 31, 2017 stood at Rs Rs 55,781.8 crore.

12 Feb 2018 12:26 PM GMT

Bharti Infratel Q4 net profit rises 2 pc to Rs 606 cr Mobile tower firm Bharti Infratel today posted a 2 per cent rise in consolidated net profit at Rs 606 crore for the fourth quarter ended March 2018.

Bharti Infratel Q4 net profit rises 2 per cent to Rs 606 crore

The company's net profit for the January-March period of the previous 2016-17 fiscal stood at Rs 597 crore.

23 April 2018 1:59 PM GMT

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank to raise Rs 18,000 crore through equity shares

The bank is one of the worst-affected private lenders after the Reserve Bank's asset quality review.

20 July 2019 11:48 AM GMT

Adani Enterprises today said it has sold 100 per cent stake in its wholly-owned subsidiary Adani Energy Ltd (AEnL) for Rs 13.61 lakh.

Adani Power seeks shareholders' nod to raise up to Rs 7,000 cr

The company proposes to have flexibility to infuse additional capital, to tap capital markets and to raise additional...

12 July 2019 1:03 PM GMT

ICICI Bank offloads 3.96% equity in ICICI Lombard General Insurance. (PTI Photo)

ICICI Bank sells 3.96% stake in ICICI Lombard for Rs 2250 crore

Following this, the bank's shareholding in ICICI Lombard General Insurance stands at 51.9%, it said in regulatory...

19 Jun 2020 10:22 AM GMT

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

Electrosteel allots shares worth Rs 7,400 crore to lenders

The company had yesterday spelled out steps to be taken for completion of its takeover by Vedanta Star Ltd.

6 Jun 2018 8:20 AM GMT

L&T to seek shareholders' nod to buyback shares worth up to Rs 9,000...

Notice is hereby given to seek approval of the shareholders for buyback of equity shares.

31 Aug 2018 11:50 AM GMT