Utkarsh Small Finance Bank will raise Rs 949 crore via a rights issue, attracting top investors like Madhusudan Kelas fund, ...
While Kela’s fund received the largest allotment in the rights issue, several marquee investors also participated.
Insurers are renegotiating terms with distributors. This follows the government's GST exemption for individual life insurance policies. The change has disrupted commission structures and profitability ...
Shares of Utkarsh SFB rallied nearly 15% after the lender announced the allotment of over 5.71 crore shares to ace investor ...
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related ...
Indian investors have two key choices for fixed income and tax savings: National Savings Certificates and 5-year tax-saver ...
Indian equity markets are set to witness a flurry of initial public offerings (IPOs) collectively valued at over Rs 35,000 crore by November end.
Find all the latest Q2 results 2025 updates of SBI Life Insurance Company, Dr Reddy’s Laboratories, SBI Cards & Payment ...
Indian equity benchmarks opened on a muted note, with Nifty struggling below 25,900 and Sensex down by 100 points. Pharma major Cipla saw a decline of 3% in early trade.
Cipla, HUL, Kotak Mahindra Bank, Max Healthcare, UltraTech Cement were among top losers on the Nifty, while gainers were Hindalco, Bharti Airtel, Shriram Finance, ICICI Bank. On the sectoral front, ...
Indian equity benchmarks started Friday’s session on a flat note. The Sensex opened at 84,667.20, gaining 0.13%, while the ...
Earlier this month, the company's board had approved the terms of a rights issue of 67.79 crore shares to raise up to Rs 949 ...