Utkarsh Small Finance Bank will raise Rs 949 crore via a rights issue, attracting top investors like Madhusudan Kela’s fund, MIT, HDFC Life, and Kotak Life. Promoter Utkarsh CoreInvest renounced its entitlement, sparking a 20% rally in the bank’s stock.Read More
Sebi has permitted portfolio managers to transfer their PMS business—partially or fully—after regulatory approval. The move aims to simplify compliance, improve business flexibility, and ensure investor protection under new transfer norms effective immediately.Read More
IndusInd Bank’s former deputy chief has deposited 50% of the alleged insider trading gains with India’s markets regulator, BSE said on Friday.Read More
Hindustan Coca-Cola Beverages Ltd, the bottling arm of beverage major Coca-Cola in India, reported a 73 per cent decline in net profit to Rs 756.64 crore in FY2024-25.Read More
SBI Cards and Payment Services on Friday reported 10.15 per cent increase in net profit at Rs 445 crore for the second quarter of the current fiscal.Read More
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