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Kotak Mahindra Bank to pursue acquisitions alongside organic growth
Kotak Mahindra Bank plans to pursue acquisitions and organic growth. The bank recently acquired Deutsche Bank's retail portfolio in India. This move aims to enhance scale and customer reach for the bank. Kotak Mahindra Bank will also tap into India's economic expansion opportunities. A strong balance sheet and leadership talent support future growth strategies.
Kotak Mahindra Bank to pursue acquisitions alongside organic growth
Kotak Mahindra Bank plans to pursue acquisitions and organic growth. The bank recently acquired Deutsche Bank's retail portfolio in India. This move aims to enhance scale and customer reach for the bank. Kotak Mahindra Bank will also tap into India's economic expansion opportunities. A strong balance sheet and leadership talent support future growth strategies.
Govt Explains Why Petrol Pumps Can't Offer Pure Petrol, E10, E20 Together
The ministry dismissed comparisons to premium fuel variants
Exide's Bengaluru lithium-ion cell plant to generate revenue from Q3: CEO
Exide Industries expects its Bengaluru lithium-ion cell plant to generate revenue from the third quarter. The company has invested significantly and will invest more to complete the first phase of this project. Initially, the plant will supply domestically manufactured battery cells for electric vehicles and energy storage. Commercial supplies for stationary lithium battery applications are also targeted from the third quarter.
TCS continues to command a wider premium to Accenture despite slowing growth
TCS's June-quarter earnings have left Dalal Street divided, with analysts split between applauding the company's resilient execution and questioning its premium valuation, even as robust hiring fuels hopes of a gradual recovery in IT demand.
Kusumgar IPO: Issue booked 136 times on Day 03; NII, QIB portions see huge demand, GMP signals 39% premium - livemint.com
Kusumgar IPO: Issue booked 136 times on Day 03; NII, QIB portions see huge demand, GMP signals 39% premiumlivemint.com
Nifty July futures trade at a premium
India VIX slides 8.30% to 12.25.
Renault India joins hands with IIT Kanpur for vehicle R&D
Renault India and IIT Kanpur have formed a strategic research partnership. The collaboration will utilize IIT Kanpur's wind tunnel facility for vehicle testing. This initiative aims to enhance Renault's engineering capabilities within India. Advanced aerodynamic and wind-noise testing will be conducted on passenger vehicles. The agreement establishes a framework for commercial engagement and intellectual property.
Bengaluru, Mumbai, Delhi NCR: A tale of three housing markets
Bengaluru's housing market shows strong growth fueled by its expanding technology sector. Mumbai remains India's largest residential market, absorbing new supply effectively. Delhi-NCR faces a slowdown as premium homes dominate its available inventory. These contrasting trends indicate future property cycles will depend on job and investment growth. Infrastructure development is increasingly shaping buyer decisions across these key cities.
Wheels India shares gain nearly 5% after board approves proposal to raise ₹400 crore via QIP
Wheels India informed the exchanges that its board has approved the fund raise via preferential allotment, including QIP. The same is subject to shareholder and other regulatory approvals, as required.
Ion Exchange climbs after securing $53 million international order
Ion Exchange India surged 16.56% to Rs 468.75 after the company announced that it has received an international contract from Hyundai Engineering & Construction Co. for the supply of filtration units in the Middle East.
ION Exchange zooms 17%, up 51% from 52-week low; check what's driving gains
The upward movement in the company's share price came after it announced that it had secured an order worth $52.83 million, or approximately ₹503 crore, from Hyundai Engineering & Construction Co