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UltraTech Cement has acquired Damani-group’s stake in India Cements Ltd (ICL) through two block deals, according to a statement and stock exchange data.",
In guidelines issued in 2022, the RBI had indicated it was not in favour of such arrangements since they could encourage lenders to take on undue risk.",
The initial share sale will be open for public subscription during July 17-19. The bidding for anchor investors will open on July 14, according to the company.",
The shares which are to be allocated for the qualified institutional buyers (QIBs) was subscribed 145.48 times, while those of non institutional investors was subscribed a whopping 850.66 times and that of retail individual investors (RIIs) was subscribed 119.44 times. Separately, shares for the employees’ segment was subscribed 3.87 times, the data showed."
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Punjab National Bank is the second public sector lender to go live in the ecosystem, acting as Financial Information User (FIU) and Financial Information Provider (FIP), the bank said on Thursday.",
In his speech, director Radha Krishna emphasised how hard it was to write the film’s story. He said, “It took four years to complete the film’s shoot, but it took almost 18 years to write this story. I heard this storyline for the first time from my guru Chandrasekhar Yeleti. When I wanted to do a movie with Prabhas, I borrowed the plotline from my guru. I took it as a challenge and developed it. I made philosophy into a love story and narrated it to Prabhas. He liked it. The film has no fights. But it will have a face-off between a boy and a girl. The film showcases the journey of a boy who crosses oceans for a girl. It’s a love story beyond your understanding and expectations. The trailer is just an invitation to the film. You will love the movie. I thank all who have been supporting me for the past four years.”",
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Veteran actor Farida Jalal, who was recently seen in Netflix’s Heeramandi, was asked about her movies in the 1990s where she played the favourite on-screen mother to Shah Rukh Khan and Salman Khan. Farida said that while she is not in touch with either of them, she recalled when SRK reached out to her during her shoulder surgery."
Deepika Padukone took to the stage and introduced the “Naatu Naatu” musical performance by Kaala Bhairava and Rahul Sipligunj at the 95th Academy Awards on Monday morning (India time). The actor was revealed as one of the presenters in the first round of announcements. Other presenters at the prestigious awards include Halle Berry, John Travolta, Harrison Ford, and others. The show is hosted by comedian Jimmy Kimmel."
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The Securities and Exchange Board of India in June banned Chandra and Goenka from holding board positions in publicly listed companies for a year, alleging they were actively involved in diverting funds to the group’s other listed entities and firms related to founding shareholders."
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Portfolio at risk above 180 days (dues past due or DPD) declined from 9.3 per cent in December 2021 to 8.4 per cent in March 2022. Maharashtra and West Bengal have the highest 180 DPD as of March 2022, CRIF High Mark said."
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>Reserve Bank of India Governor Shaktikanta Das on Wednesday said the rupee has witnessed “low volatility” and orderly movements as compared to its peers."
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