Business

The country's largest domestic budget carrier IndiGo on Wednesday announced the appointment of Pieter Elbers as its Chief Executive Officer, replacing incumbent Ronojoy Dutta.

The HDFC Bank fixed deposit interest rate hike has been implemented across different tenors, and will come into effect from May 18, Wednesday

The initial public offering of Paradeep Phosphates, India’s second-largest manufacturer of non-urea fertilisers and di-ammonium phosphates (DAP) in the private sector, is open for a subscription now. Should you subscribe on day 2?

IPOs next week: Paradeep Phosphates is expected to raise Rs 1,502 crore; Ethos' offer size is Rs 472 crore; eMudhra plans to garner Rs 412.8 crore

LIC IPO GMP has been in the negative zone for the third successive day, which can not be taken as good development ahead of share listing date

L&T's board of directors has recommended a final dividend of Rs 22 per equity share

ArcelorMittal is also evaluating a bid for Ambuja Cements, as per reports

Stocks to watch today: Shares of firms like Tata Motors, L&T, Hindalco Industries, and others will be in focus in Thursday's trade

HDFC Bank MCLR Hike: The marginal cost of lending rate, or MCLR, a key point in deciding loan interests, has been hiked by 25 basis points by the HDFC Bank

As per market data, the unlisted shares of Rainbow Children's Medicare IPO were giving out a premium of Rs 15. This means Rainbow Children's Medicare IPO GMP today is Rs 15.

The proposal is likely to be tabled in next GST Council meet, whose date has not been finalised yet

Prudent Corporate IPO will be open for public subscription on May 10 and it will close on May 13; Price band has been fixed at Rs 595-630 per share

Rainbow Children's Medicare IPO, which was open for subscription during April 27-29, was subscribed 12.43 times on the last day of subscription

Delhivery expects to garner Rs 5,235 crore via IPO; Prudent to raise Rs 538.61 crore; Venus Pipes & Tubes' IPO size is Rs 165.42 crore

HDFC Home Loan rate hike: The new HDFC home loan rates, an increase of 30 basis points, will be effective from May 9, Monday, the mortgage firm has said. The lender had recently hiked the same rates by 5 basis points.

The name of the combined entity will be LTIMindtree, and the transaction regarding the LTI and Mindtree merger is subject to shareholder and regulatory approvals