By Malvika Gurung
Investing.com -- SBI (NS: SBI ) Cards and Payment Services (NS: SBIC ): The US private equity firm Carlyle Group (NASDAQ: CG ) will sell its entire 3.09% stake or 29.2 million shares held in the credit card company for Rs 2,558 crore through a block deal.
Zomato (NS: ZOMT ): The Competition Commission of India has ordered an investigation into some conduct against food aggregators, along with Swiggy’s Bundl Tech after the association National Restaurant Association of India filed a complaint against the aggregators for contravening rules.
Tata Consultancy (NS: TCS ): The IT giant has entered into a strategic partnership with the Canadian major Payments Canada, for transforming its payment system operations and enabling the implementation of Real-Time Rail.
Bank of Maharashtra (NS: BMBK ): The public sector lender’s gross advances in FY22 has surged over 27% YoY at Rs 1,36,733 crore, and deposits grew to Rs 2,02,641 crore, rising over 16% YoY.
IndusInd Bank (NS: INBK ): The lender’s net advances in the March-ending quarter rose 13% YoY to Rs 2.39 lakh crore, and compared to the Dec 2021 ending quarter, it grew 5%. The deposits also increased to Rs 2.93 lakh crore by 15% in the final quarter of FY22.
3i Infotech (NS: TIIN ): The IT company won a deal worth Rs 6.04 crore from a major large bank in the APAC region, for a cloud transformation deal of its NuRe platform.
MOIL (NS: MOIL ): The Miniratna company’s production grew 8% YoY to 1.2 million tonnes in FY22, while its sales remained unchanged on a YoY at 1.2 mt. Its total turnover also advanced by 22% on a YoY basis to Rs 1,440 crore in the financial year.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.