Friday, Apr 19 2024 | Time 13:27 Hrs(IST)
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Business Economy


IDBI Bank board approves preferential issue to Government and LIC

IDBI Bank board approves preferential issue to Government and LIC

Mumbai, Sep 19 (UNI) Private Sector Lender IDBI Bank said its Board of Directors, at its meeting held on Thursday, has approved the proposal for Preferential Issue of Capital to Government of India and Life Insurance Corporation of India aggregating upto Rs 4,557 crore and Rs 4743 crore respectively, subject to statutory / regulatory approvals, if any, required to be obtained in this regard.

In this connection, it is proposed to obtain shareholders' approval by way of Postal Ballot.

bank said in a filing with BSE.

UNI JS SB 1332

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NTPC green energy inks MoU with Indus Towers

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19 Apr 2024 | 12:05 PM

Mumbai, Apr 19 (UNI) NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) on Friday signed a Memorandum of Understanding (MoU) to address the need for pacing green energy objectives and the GoI’s efforts towards a carbon-neutral economy.

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Rupee opens record low at 83 55 against USD

Rupee opens record low at 83 55 against USD

19 Apr 2024 | 11:50 AM

Mumbai, Apr 19 (UNI) The rupee on Friday opened at a record low of 83.55, declining three paise amid geographical tension between Israel and Iran and rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.

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Sensex drops over 500 points

Sensex drops over 500 points

19 Apr 2024 | 11:31 AM

Mumbai, Apr 19 (UNI) The equity market continued to fall for the fifth consecutive session on Friday as BSE Sensex crashed 539 points to open below 72K at 71,949.65 amid heightened geographical tension, triggering a massive selloff of global equities.

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USD up ; Euro,Pound down

19 Apr 2024 | 10:08 AM

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Severe coal crisis: RINL to call for global tenders to procure 1 50L tons coal

18 Apr 2024 | 7:29 PM

Visakhapatnam (Andhra Pradesh), Apr 18 (UNI) In the backdrop of severe Coal crisis due to the ongoing strike at Adani Gangavaram Port Limited (AGPL),Rashtriya Ispat Nigam Limited (RINL) - Visakhapatnam Steel Plant (VSP), has embarked on a relentless mission to secure the crucial raw material of coal, which is essential for its safe and sustained operations.

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