Central Bank, Indian Overseas Bank: The government has shortlisted the Central Bank of India (CBI) and the Indian Overseas Bank (IOB) for divestment, according to a report.
Jaiprakash Associates: The firm reported a decline of 86.2 percent in its consolidated net profit to Rs 424.41 crore in Q4 against net profit of Rs 3,068.10 crore in the January-March quarter a year ago.
Muthoot Fincorp: The gold loan company has bought 54 per cent stake in Hyderabad-based fintech startup Paymatrix by buying out existing investors as part of its added focus on digital payments segment.
Maruti Suzuki India: The country’s largest carmaker said it will increase prices of its entire product portfolio in the second quarter of the current fiscal due to rise in prices of various essential commodities, including steel.
Info Edge (India): The internet firm reported over two-fold rise in its consolidated net profit to Rs 308 crore in Q4 against profit of Rs 119 crore in the year-ago period.
Indian Bank: The state-owned lender launched its qualified institutional placement (QIP) of shares to raise around Rs 4,000 crore, setting the floor price at Rs 142.15 per share.
Adani Transmission: The Adani Group firm will seek shareholders nod to raise up to Rs 2,500 crore in one or more tranches through the issuance of equity shares, securities, debentures etc in its annual general meeting on July 13.
Dish TV India: The company said its board has cleared raising up to Rs 1,000 crore through a rights issue in one or more tranches.
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