Mumbai: Indian Bank is likely to launch a second Swiss challenge auction for the distressed Dharani Sugars and Chemicals account after a change in the deal structure for transferring the …
Indian market is likely to edge higher on Wednesday tracking positive global cues. The S&P BSE Sensex fell more than 100 points while the Nifty50 closed above 19,550 levels on …
Fedbank Financial Services, promoted by Federal Bank, has refiled its draft papers with market regulator SEBI to raise funds through an IPO. The IPO comprises a fresh issue of Rs …
Indian equities ended Wednesday’s session on a positive note ahead of the US Fed meeting outcome in the later hours. Nifty managed to end above 19,750 levels, up 0.5%, or …
There could be some near-term weakness in the market after the Nifty nearly touched the 20,000 milestone last week following a run-up that resulted in equities becoming overbought. With the …
Federal Bank has launched a QIP (qualified institutional placement) issue on Wednesday and fixed Rs 132.59 as the floor price, which is at a marginal discount to current share price. …
Brokerage firm Citigroup has a buy rating on Federal Bank, Jefferies maintains a buy rating on HDFC Bank, Morgan Stanley recommends an Equal-Weight rating on Avenue Supermarts and Nomura maintains …
“A lot of this is explained by the flows. FIIs have bought close to Rs 50,000 crores since 28th March when markets bottomed, so that is sort of one leg …
Federal Bank reported a standalone net profit of Rs 854 crore for the quarter ended June on Thursday, rising 42% compared to the company’s Rs 601 crore-Q1 profit of the …