1. MC Exclusive | Cultural differences won't impact HDFC-HDFC Bank merger, says Keki Mistry

March 10, 2023 02:52 PM IST

Mistry said every single employee from HDFC gets absorbed into the HDFC bank and a committee will look at the integration process

2. Tata Technologies heads to IPO Street: All you need to know about the company

March 10, 2023 12:22 PM IST

Tata Tech IPO: Tata Technologies is the first Tata Group company to go public on the domestic bourses since the listing of Tata Consultancy Services in 2004

3. Artificial Intelligence can help the US IRS catch wealthy tax cheats

March 10, 2023 11:12 AM IST

IRS has mainly targeted poor families with audits because doing so is easier and cheaper than pursuing the complicated tax matters of wealthy filers. Technology could help level the playing field

4. Ending Board Permanency: SEBI increases shareholder might

March 10, 2023 09:16 AM IST

In its proposed changes to the listing regulations, SEBI is trying to plug side deals and structures that entrench a set of shareholders. This will further empower shareholders and limit the ability of the controlling shareholders to play between the spirit of the regulation and the letter of the law

5. Aptus Value Housing Finance trades 30% below IPO price: Time for Ambit's contrarian call?

March 10, 2023 06:45 AM IST

Brokerage firm Ambit Capital does not agree with many of its peers who have a buy recommendation on Aptus Value Housing Finance stock

6. Mercedes-Benz to increase prices by Rs 2-12 lakh across models from April 1

March 09, 2023 02:08 PM IST

Mercedes-Benz India Managing Director & CEO Santosh Iyer told PTI that the company has been tracking the Euro and the Rupee has depreciated against it in the past few months.

7. Alembic Pharma gets USFDA nod to market generic antidepressant drug

March 09, 2023 01:58 PM IST

The company has received an approval from the US Food & Drug Administration to market Brexpiprazole tablets in strengths of 0.25 mg, 0.5 mg, 1 mg, 2 mg, 3 mg and 4 mg, the drug firm said in a statement.

8. Abu Dhabi Investment Authority nears buying $500 million stake in India’s Lenskart, sources say

March 09, 2023 11:58 AM IST

The Middle Eastern sovereign wealth fund is finalizing an agreement to buy a mix of existing Lenskart shares and new equity, the people said, asking not to be identified as the information is not public.

9. Kotak Mahindra Bank has small exposure to Adani; issues afflicting group more valuations-oriented

March 09, 2023 11:50 AM IST

Paritosh Kashyap, president and head for wholesale banking at Kotak Mahindra Bank, said the issues surrounding Adani Group are more of a "capital market and valuations issue and not a credit issue."

10. Rolex, Patek Investment beats S&P gains over five years

March 09, 2023 11:20 AM IST

The S&P 500 stock index averaged annual returns of 8% from August 2018 to January 2023 while a basket of pre-owned watch models from top Swiss brands grew at more than twice the pace, the report from Boston Consulting Group Inc. and secondary market dealer WatchBox said.

11. Religare Finvest completes OTS with its lenders, ready to restart its business

March 09, 2023 11:13 AM IST

The OTS was completed on March 8, nearly a month in advance before the deadline, as per the settlement agreement with the lenders dated December 30, 2022.

12. Competition Commission squeezed by staff vacancies and workload

March 09, 2023 10:46 AM IST

The Competition Commission of India, which has imposed million dollar penalties on Alphabet Inc.’s Google to Amazon.com Inc., is functioning with just two members — half the sanctioned strength and one short of quorum.

13. Page Industries: A comforting proposition after steep correction?

March 10, 2023 01:22 PM IST

We believe that the volume pressure scenario being witnessed currently is temporary and expect volume growth to emerge from the next fiscal

14. Glenmark and Cediprof announce exclusive distribution agreement in US

March 09, 2023 10:18 AM IST

Glenmark said it expects to commence distribution of the product in the US during the second half of 2023. The drug is indicated for treatment of attention deficit hyperactivity disorder.

15. NHPC allays fears over India’s largest hydroelectric project

March 09, 2023 10:16 AM IST

The company says all recommendations of committees have been incorporated in the design and construction of the 2,000 MW Subansiri Lower Hydroelectric Project on the Assam-Arunachal Pradesh border.

16. Vardhman Special Steels: The stock shows nerves of steel

March 10, 2023 01:24 PM IST

Higher demand from the domestic as well as export markets, lean balance sheet and the tie-up with Aichi will drive growth for Vardhman Special Steels

17. Thermal power capacity addition hits multi-year lows amid rising demand

March 09, 2023 09:08 AM IST

India’s electricity generation could fall short of peak demand this summer

18. NSE puts three Adani Group stocks under short-term additional surveillance measure

March 09, 2023 08:25 AM IST

Adani Green Energy and New Delhi Television will be moved to stage-II of long-term additional surveillance from stage-I with effect from Thursday, the NSE said in a circular

19. Gokaldas Exports falls after block deal in 62.8 lakh shares; Clear Wealth Consultancy likely seller

March 09, 2023 10:11 AM IST

At the end of the December quarter, Clear Wealth Consultancy Services LLP held a 20.56% stake in Gokaldas Exports.

20. Sanjeev Gupta takes on father’s group in metals empire reshuffle

March 09, 2023 07:18 AM IST

Ownership of the Simec Group will be transferred to his son from Parduman Gupta as he retires near the age of 80, according to a GFG spokesperson.

21. More stock in Adani Group firms pledged to lenders, trustee says

March 09, 2023 07:15 AM IST

SBICap Trustee said in a notice to exchanges that a further 0.99% shares in Adani Green Energy Ltd. were pledged “for the benefits of the lenders” of Adani Enterprises Ltd. An additional 0.76% shares in Adani Transmission Ltd. were also pledged to banks, the trustee said.