Agnidev Bhattacharya
Stories By Agnidev Bhattacharya
RBI To Buy Rs 1 Lakh Crore Of Bonds, Execute $5 Billion Three-Year Forex Swap To Boost LiquidityThe main purpose of open-market bond purchases is to infuse primary liquidity and not to influence bond yields, Malhotra explained.
Alcohol Industry Bodies Write To Telangana Govt To Clear Rs 2,985 Crore DuesThe associations urged the Telangana government to bring down the current outstanding payment cycle to 45 days, in line with existing tender agreements.
Gensol Insolvency: Noida-Based Signodrive Set To Take On 4,000 Cars For 2 Years — Profit ExclusiveThe Gensol fleet of electric vehicles is currently locked up in the bankruptcy proceedings that was born out of the Jaggi brothers' scandal.
Retail Comeback Signs? Active Client Base Decline Slows Across Major Brokerages In October As Markets RecoverFreshly-listed Groww added around 1.4 lakh active clients to reach a total base of 1.20 crore, representing a 1.2% increase from September's total of 1.19 crore.
BluSmart Insolvency: Vedanta, Jindal, Refex Show Interest In Resolving EV Firm's Debt — Profit ExclusiveNearly 200 applicants had staked claims worth about Rs 500 crore for the assets of BluSmart as part of the ride-hailing firm's insolvency proceedings.
Primary Market Funds Investor Exits As Stake Sales Define Startup IPOs Of 2025Analysis of the filed draft papers and completed listings shows that capital raised by selling shareholders frequently equals or exceeds the primary capital injected into the companies.
Lenskart IPO Sees Strong Demand Despite Stretched Valuations: Investors Bet On 'Zomato-Like' GrowthLenskart IPO: A lack of direct listed peers for benchmarking is likely helping Lenskart's self-determined price attract investor demand.
Cognizant India IPO: IT Major ‘Exploring Options’ Amid Valuation Gap With PeersA comprehensive review is still in early phase and the company is engaging various stakeholders from both India and U.S. to evaluate the implications of a potential offering and listing.
Brookfield-Backed Avaada Electro Files Confidential Papers, Eyes IPO Worth Rs 10,000 CroreAvaada group, backed by Brookfield Renewable Partners and Thailand’s Global Power Synergy Public Co, which in turn is part of the country's state utility PTT, raised over $1.3 billion in 2023.
RBL Bank To Have Open Offer Before Emirates NBD Is Allotted SharesThe open offer will take place after all regulatory approvals. Preferential placement will be followed 15 days post open offer.
Newsbreak Confirmed: Dubai's State-Owned Bank Emirates NBD To Buy RBL Stake For Rs 26,853 CroreNDTV Profit had reported on Oct. 13 that Emirates was set to buy a controlling stake in the Mumbai-based private bank for approximately $3 billion.
IndusInd Bank Q2 Results: Lender Swings Into Loss Of Rs 436 Crore As Provisions Rise 50%Net interest income fell 5% to Rs 4,409 crore from Rs 4,640 crore.
ICICI Bank Q2 Results: Profit Rises 5%, NII Up 7%ICICI Bank's Q2 net interest income increased 7% to Rs 21,529 crore from Rs 20,048 crore in the same period last year.
IDBI Bank Q2 Results: Profit Nearly Doubles, Asset Quality ImprovesIDBI Bank's Q2 gross non-performing assets improved to 2.65% from 2.93% in the previous quarter.
HDFC Bank Q2 Results: Profit Up 11% YoY, Asset Quality ImprovesHDFC Bank's Q2 net interest income stood at Rs 31,552 crore, up 5% from Rs 30,114 crore a year ago.
Yes Bank Q2 Results: Profit Up 18%, Asset Quality StableYes Bank's Q2 gross non-performing assets stood at 1.6% and net NPA was at 0.3%, both unchanged from the previous quarter.
Federal Bank Q2 Results: Profit Down 10% As Provisions Surges To More Than TwofoldFederal Bank Q2 provisions rose sharply to Rs 363 crore, a 129.7% increase from Rs 158 crore registered in the year-ago period.
Orkla India IPO: MTR, Eastern Parent Aims To Raise 5,000 Crore Via Offer-For-SaleOrkla India IPO will see participants, including promoter Orkla Asia Pacific, offloading up to 2.28 crore shares.
OK Being Last Mover: Eternal On Separate Apps For Budget-Friendly Food DeliveryTo address the demand for lower-cost options, Eternal has already modified its service terms for its loyalty programme members.
Rapido Mulls Expansion Of Ownly Pilot Food Delivery Program In BengaluruRapido is also in discussion to launch Ownly, its pilot food delivery program, in Delhi and Mumbai, people privy to the information told NDTV Profit.