Corporate bond issuances fell by around 22 per cent in August, despite easing yields as issuers delayed raising funds awaiting the US Federal Reserve to start cutting interest rates from this month. Corporates and financial institutions expect yields to fall further and borrowing costs to become cheaper, said market participants. The US Fed is widely expected to cut interest rates by 25 bps in the 17-18 September meeting, marking the start of a downward interest rate cycle.
At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.
Adani group is on track to surpass a combined Ebitda (earnings before interest, taxes, depreciation, and amortisation) of Rs 1 trillion in the ongoing financial year (FY25) as it prepares for a $2 billion (over Rs 16,700 crore) share sale by its flagship entity Adani Enterprises next month, according to a source close to the matter.
Anil Khandelwal, Chairman of Bank of Baroda, expects a 25% credit growth in FY07. He says that BoB did not bid for UWB due to their existing presence in Maharashtra. He adds that the UWB branches will give IDBI good reach and size.
Baroda batsmen, led by skipper Ambati Rayudu, showed a lot of application as they posted a commendable 525 for seven against hosts Delhi at stumps on the second day of their third round Ranji Trophy Group B encounter in New Delhi.
Baroda secured three points by virtue of their first innings lead after their Ranji Trophy Group B match against Karnataka ended in a tame draw on the fourth and final day in Vadodara on Monday.
Left-arm seamer Gagandeep Singh reca five-wicket haul as Baroda dismissed Karnataka for 284 in their first innings and then reached 115-4 to take an overall lead of 237 on the penultimate day of their Ranji Trophy encounter.
Karnataka became the first team to seal a quarter-final berth in the Ranji Trophy tournament after beating Baroda by an innings and 102 runs in their Super League Group B match in Vadodara on Thursday.
Baroda and Punjab advanced to the semi-finals of the Syed Mushtaq Ali All India T20 tournament after notching up victories in their respective quarter-final matches in Mumbai.
They need 94 runs for an outright victory in the Ranji Trophy match against Hyderabd.
Bank of Baroda plans to set up a joint venture in Malaysia with two other Indian banks - Bank of Maharashtra and The Oriental Bank of Commerce.
Indian Rayon has clarified that no definitive proposal in respect of Viscose Fibre Plant of Baroda Rayon has been placed before BOD.
Badminton is not as popular as cricket in India and therefore comparatively does not attract as many sponsors.
After a month and half of topsy-turvy ride, eight teams have managed to steer themselves clear of other 24 contenders to enter the Ranji Trophy quarterfinals.
Just as the atom and the byte needed careful societal control to prevent damage to society, perhaps, so does the gene, particularly in debates like 'genes vs merit', explains Ajit Balakrishnan.
In reply, Railways were tottering at 84 for eight in their second innings on the third day of the Elite 'A' group Ranji Trophy match.
Rajesh Pawar impressed with the bat as well and along with Hrishikesh Parab led Baroda to a five-wicket win over Hyderabad.
The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.
'Those trying to use these funds for quick gains should avoid them due to risk of being late to the party.'
Hosts Mumbai kicked off their campaign in the West Zone Vijay Hazare Trophy One-day tournament by defeating Baroda by four wickets in a low-scoring game at the Wankhede Stadium on Wednesday.
Suresh Lokeshwar (52) and Pradosh Ranjan Paul (65) struck half-centuries to help Tamil Nadu complete the formalities and win their Ranji Trophy Group C match against Goa by seven wickets, in Porvorim on Monday.
Punjab, starting the penultimate day on 73/3 and needing 144 more runs, crumbled under pressure from Sindhu's relentless spin and Jayant Yadav's precise off-spin (3/35 in 10.4 overs), collapsing well before lunch and handing Haryana their second outright win in four matches.
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
Former Ranji champions Railways scored a 57-run win over Baroda to move into the knockout stage.
Baroda were 73 for five at stumps on day two in reply to Railways' first innings score of 353.
The probe is expected to take about three months.
The Bharatiya Janata Party, which pulled off a hat-trick of wins in Haryana by bucking anti-incumbency, managed to make significant inroads into the Dalit seats and Jat strongholds.
Told crowd to behave because Hardik is big-stage player: Sanjay Manjrekar
The latest edition of the Duleep Trophy has concluded with India A beating India C by 132 runs to secure their second title. The tournament witnessed some fine performances from youngsters and established stars alike.
A round-up of the Ranji Trophy matches played on Saturday.
As an Indian captain, he will enjoy his little piece of history and no one can take that away from him.
'No room for disappointment' for Mumbai's Kotian and Deshpande after record tons
The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.
The Punjab-Baroda Ranji Trophy tie in the Super League Group B was heading for a draw, with the visitors having scored 251 for the loss of one wicket on a rain hit penultimate day of the four-day match at Gandhi Grounds in Amritsar on Tuesday.
Delhi were reeling at 49 for three in their first innings after bundling out Baroda for a paltry 199 on the first day of five-day Ranji Elite group semifinals at Usha Raje Cricket grounds in Indore on Saturday.
A superb knock of 153 by captain Connor Williams helped Baroda to a mammoth total of 476 for nine declared on the third day of their Ranji Trophy Super league match against Hyderabad
Baroda humiliated Odisha by 10 wickets, with a day to spare, and pocketed seven points, including bonus, from their Ranji Trophy Group B match, in Vadodara, on Monday. The hosts added just 11 runs to their overnight total before being dismissed for 301 in their first innings, in reply to Odisha's 181.
Paceman Shardul Thakur and off-spinner Akhil Herwadkar shared six wickets between them as Mumbai eked out a narrow four-run win over Baroda in their West Zone match in the Vijay Hazare trophy, in Ahmedabad on Sunday.
Pace duo of Shrikant Mundhe and Samad Fallah shared seven wickets between them as Baroda stumbled from a good position to be bowled out for 362 in their first innings against Maharashtra on day two of a Ranji Trophy Group B match in Pune on Sunday.
'An in-house contest encourages employees to share yoga and well-being practices with their families.'
