Says media reports on raising Rs 10,000 crore via QIP in the coming weeks are "purely speculative" and factually incorrect.
Source: Exchange Filing
The app will have integrated experience across payments, lending and deposits.
The app will provide Rs 5 lakh instant line of credit to customers.
Over 3 lakh customers on boarded on the app after soft launch a month ago.
No charges for first 10 days of trade.
IndusInd Bank to also charge zero platform fees for retail stock broking.
Source: IndusInd Bank statement
Operations at Sikkim's Namthang facility disrupted due to flash floods.
No loss or harm caused to any personnnel.
Source: Exchange filing
The broader market indices underperformed larger peers; the S&P BSE MidCap Index was down 1.47%, whereas S&P BSE SmallCap Index was also 0.90% lower.
All the 20 sectors compiled by BSE declined, with S&P BSE Realty, S&P BSE Metal and S&P BSE Healthcare falling the most.
The market breadth was skewed in the favour of the sellers. About 1,229 stocks rose, 2,302 declined, while 150 remained unchanged on the BSE.
Companies sign JV for sale of Superdry's IP assets in India, Sri Lanka and Bangaldesh.
Reliance Retail's UK unit Reliance Brands Holding will own 76% of JV, Superdry will own 24%.
The consideration for the sale of the South Asian IP is £40.0 million.
Source: Superdry announcement
Signs multi-year digital transformation and deal with former Walmart unit Asda.
Company to provide Asda with new organisation-wide IT operating model.
Source: Exchange filing
Updater Services lists at Rs 285 apiece on the NSE, 5% discount to IPO price of Rs 300 per share.
Updater Servces lists at Rs 299.90 apiece on the BSE, 0.03% discount to IPO price of Rs 300 apiece.
Source: Exchanges
HDFC Bank Q2FY24 Update
Gross advances at Rs 23.54 lakh crore, up 57.7% year-on-year.
Including transfers through interbank participation, outstanding loans rose 60% from last year.
Domestic retail loans rose 111.5% year-on-year.
Non-individual housing loans (from HDFC Ltd) at over Rs 1 lakh crore.
HDFC Bank Total Deposits Rose 30% To Rs 21.73 Lakh Crore As Of Sept 30
CASA ratio dipped to 37.6% in Q2, compared to 45.4% last year
Home loan disbursals in July-September quarter at Rs 48,000 crore
(Alert: Figures are provisional)
Source: Exchange filing
Gets significant order for power business from West Bengal Power Development Corporation.
To set up wet Flue Gas Desulphurisation systems at thermal power plant in Sagardighi.
Project includes 3 FGD absorbers catering to 4 thermal power units (2x300 MW, 2x500 MW).
Alert: L&T classifies orders worth from Rs 1000 crore to Rs 2500 crore as significant
Source: Exchange filing
The broader market indices opened lower; the S&P BSE MidCap Index was down 0.58%, whereas S&P BSE SmallCap Index was also 0.30% lower.
Nineteen out of the 20 sectors compiled by BSE declined, except S&P BSE Fast Moving Consumer Goods.
The market breadth was skewed in the favour of the buyers. About 962 stocks rose, 1,273 declined, while 110 remained unchanged on the BSE.
Source: BSE
At pre-open the S&P BSE Sensex was down 182 points, or 0.28%, at 65,330.48 while the NSE Nifty 50 was 83 points or 0.42% lower at 19,446.30.
Source: Bloomberg
The yield on the 10-year bond opened 2 bps higher at 7.25% on Wednesday.
It closed at 7.23% on Tuesday.
Source: Bloomberg
The local currency open flat at 83.22 against the U.S dollar on Wednesday.
Source: Bloomberg
CASA at Rs 25,666 crore, up 4% year-on-year
Advances at Rs 65,029 crore, up 24% year-on-year
Total deposits at Rs 75,743 crore, up 30% year-on-year
Source: Exchange filling
Assets under management rose 33% YoY to Rs 2.9 lakh crore
Deposit book up 39% YoY to Rs 54,800 crore
Customer base up 21% from a year ago to 7.65 crore
Source: Exchange filing
IDFC First Bank launches QIP on October 3, 2023 at base price of Rs 94.95 per share according to the formula prescribed by SEBI.
Base price according to pricing formula prescribed by SEBI at Rs 94.95 per share.
Bank may at its discretion offer a discount of not more than 5% on the floor price.
Source: Exchange Filing
Asia Stocks To Follow U.S. Slide As Fear Gauge Rises: Markets Wrap
Polyplex Corp Promoter Group To Sell Stake To APG Holdco For Rs 1,188.9 Crore
Maruti Suzuki Receives Rs 2,160-Crore Draft Income Tax Assessment Order
Bajaj Allianz Gets GST Demand Notice For Rs 1,010 Crore
Anil Agarwal Says Vedanta To Sell Steel Business By March 2024 To Repay Debt
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