Tag: PNB

Indian Bank to pare stake in ASREC below 30% by March 2026

Stocks
State-owned Indian Bank plans to partly divest stake in asset reconstruction company ASREC (India) Ltd and has started scouting for a buyer, managing director Binod Kumar told ET.The state-owned bank holds 38.26% in ASREC. It...

Tata Capital IPO: Company files draft IPO papers with Sebi; Tata Sons to offload 23 crore shares

Business
Tata Capital, the financial services arm of the Tata Group, has filed updated draft papers with Sebi for a mega initial public offering (IPO) estimated at $2 billion (Rs 17,200 crore), people familiar...

GIFT Nifty: GIFT Nifty up 15 points; here’s the trading setup for today’s session

Stocks
Domestic markets opened higher on Monday but could not sustain the gains and closed near the day’s low as Nifty ended with a...

Nifty today: GIFT Nifty up 20 points; here’s the trading setup for today’s session

Stocks
Domestic markets remained under pressure for the third consecutive week, losing nearly half a percent as the corrective phase continued.In the absence of...

PNB: PNB launches QIP to raise up to Rs 5,000 crore at Rs 103.75 per share

Stocks
State-owned Punjab National Bank (PNB) on Monday launched a qualified institutional placement (QIP) to raise up to Rs 5,000 crore at an indicative...

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