Both parties have reached this agreement through amicable negotiations, choosing to resolve the matter outside the courtroom. As part of the settlement, all ongoing litigations and disputes between the parties will be withdrawn at the appropriate forums.
Bandhan, IDFC First, RBL, CSB Bank among 19 financial stocks at 52-week low (25-10-2024)
Capital Small Finance Bank, ESAF Small Finance Bank, Fedbank Financial Services and Fusion Finance have hit an all-time low in trades on Friday.
IDBI Bank Q2 Results: Net profit jumps 39% YoY to Rs 1,836 crore, NII up 26% (25-10-2024)
IDBI Bank Q2 Results: IDBI Bank on Friday reported a 39% jump in its September quarter net profit at Rs 1,836 crore versus Rs 1,323 crore posted by the company in the year ago period. The net interest income (NII) in the reported quarter stood at Rs 3,875 crore, recording a 26% growth over corresponding quarter of the previous financial year.
Chemical manufacturer Epigral Ltd raises Rs 333 crore via QIP issue (25-10-2024)
Epigral Ltd completed its QIP, raising Rs 333.05 crore at an issue price of Rs 2,093.13 per share. The company will deploy these funds to support its growth plans. The equity capital will help Epigral to further strengthen its financial position while expanding its market presence.
Silver beats gold with 30% YTD return but does it warrant higher allocation in your portfolio? (25-10-2024)
Despite silver outperforming gold and Nifty, historical data suggests a gold-heavy portfolio with 62% gold, 35% Nifty, and 3% silver offers the lowest volatility combination while maximizing return. Silver only merits a small allocation in constructing a low-volatility portfolio. Gold has given a return of about 23% and Nifty 15% year-to-date.
IndusInd Bank Ltd leads losers in ‘A’ group (25-10-2024)
VST Industries Ltd, Glenmark Life Sciences Ltd, Dixon Technologies (India) Ltd and Poonawalla Fincorp Ltd are among the other losers in the BSE’s ‘A’ group today, 25 October 2024.
Ashish Kacholia allocated over 11 lakh shares in SG Finserve. Check details (25-10-2024)
The warrants allow holders to apply for shares by paying the remaining 75% of the issue price within 18 months from the allotment date. Each warrant can be converted, in one or more tranches, into one fully paid equity share with a face value of Rs 10, according to the company’s release.
EaseMyTrip.com launches its first franchise store in Bhubaneswar, Odisha (25-10-2024)
EaseMyTrip.com announced the launch of its first franchise store in Bhubaneswar, Odisha. This marks the 19th store unveiled under the company’s flagship program, EaseMyTrip Franchise, further solidifying its commitment to connecting with offline customers through a wide-reaching network of retail stores.
Associated Alcohols & Breweries secures allocation for supply of ethanol to OMCs (25-10-2024)
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