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2024-12-31 01:01:53| The Economic Times

Based on the account number and IFSC code, the customer will be able to fetch the beneficiary's account name from the bank's core banking solution (CBS). The facility will also be available to remitters visiting branches for making transactions.


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2024-12-31 01:00:00| The Economic Times

AEL plans to offload its nearly 44% stake in Adani Wilmar Ltd (AWL) in two parts. It will first sell about 13% stake to meet public shareholding norms. The promoters currently hold 88% of the company. Wilmar will acquire the remaining 31% stake, which will increase its holding to nearly 75% from 44%.


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2024-12-31 00:56:16| The Economic Times

India has been an expensive market in terms of valuations compared to its regional peers. Though global investors have been uncomfortable with this aspect of equities here, they grudgingly admired India because of the strength of its corporate profitability in addition to superior economic prospects.


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