Stocks
Punjab & Sind Bank plans to raise Rs 2,000 cr via QIP likely in H2 FY25
State-owned Punjab & Sind Bank plans to raise Rs 2,000 crore in the second half of this fiscal via Qualified Institutional Placement (QIP) to fund business growth. "The board has already given approval, and merchant bankers should be on-boarded by August," Punjab & Sind Bank managing director and CEO Swarup Kumar Saha told PTI.
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News
- FMCG is “passe”: Indian economy has a new definition of defensive stocks: 8 stocks from 2 sectors with upside scope of up to 37%
- Punjab & Sind Bank plans to raise Rs 2,000 cr via QIP likely in H2 FY25
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- India Playbook 2024: Where to invest conundrum?
Earnings
- Accenture forecasts 2024 revenue growth above estimates
- Infosys to announce Q1 results on July 18
- Go Digit Q4 Results: PAT jumps 104% YoY to Rs 53 crore; gross written premium up 19%
- Adani portfolio delivers record 45% EBITDA growth in FY24
- Annapurna Swadisht FY24 Results: Cons PAT surges 84% YOY to Rs 13.13 crore
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