Jul 6, 2022
By: Bhakti MakwanaThe NBFC booked 74 lakh new loans in April-June 2022 as compared to 46 lakh last year. The total number of deposits saw a 22 percent rise on year to ₹34,100 crore.
Credit: BCCL
The Bombay High Court upheld Brihanmumbai Electric Supply and Transport (BEST) undertaking’s decision to disqualify Tata Motors from a tender to operate electric buses in the city.
Credit: BCCL
The FMCG major reported a volume decline in mid-single digits in its India business during April-June due to high retail inflation.
Credit: Yes-Bank
The company has signed an MoU with the government of Tamil Nadu to invest approximately ₹3,000 crore, for setting up a greenfield 4 gigawatts solar cell and 4 gigawatts solar module manufacturing.
Credit: Yes-Bank
The steel major recorded a 2 percent on year drop in overall deliveries due to a levy on steel exports by the government in May.
Credit: Yes-Bank
The private sector bank said its loans and advances increased by 14 percent to ₹1.86 lakh crore at the end of June 2022.
Credit: Yes-Bank
ICICI Prudential Life Insurance Company has sold 2.02 percent of its stake in the Indian fast food restaurant holding company, cutting down its shareholding to 5.13 percent from 7.15 percent.
Credit: Tejas-Networks
The Tata Group company has acquired 62.65 percent stake in Saankhya at a price of ₹454.19 per equity share.
Credit: Tejas-Networks
The company has been declared a non-performing asset (NPA) after it failed to make debt payments, whose gross value stood at ₹4,814 crore as of March this year.
Credit: BCCL