Bank of India

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Here are some of the major updates that could move the markets tomorrow: Adani Enterprises files papers for ₹20,000 crore FPO Adani Enterprises Ltd (AEL) has filed an offer letter with stock exchanges for a proposed ₹20,000 crore follow-on public offer (FPO). The company is examining the possibility of launching the FPO in the last […]
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Veranda Learning acquires TIME for Rs 287 crore Veranda Learning Solutions Ltd has signed an agreement to acquire T.I.M.E. (Advanced Education Activities Pvt Ltd) for Rs 287 crore. The acquisition includes the business of Spoken English Training under the VETA brand and pre-school operations under the T.I.M.E. Kids brand. This move will help Veranda foray […]
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RBI keeps policy rates unchanged, cuts FY22 GDP growth to 9.5% The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4%. The reverse repo rate will also remain unchanged at 3.35%. The central bank will maintain its ‘accommodative’ stance as long as necessary […]
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India’s services PMI expands for second month in a row The services activity in India expanded for the second consecutive month in November, with a further improvement in new work supporting business activity growth. The country’s employment rate has also shown its first rise in 9 months. The IHS Markit Purchasing Managers’ Index (PMI) for […]

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