Tickertape Daily - 4th July 2023 Reliance Industries: Relia | Tickertape

Tickertape Daily - 4th July 2023

Reliance Industries: Reliance Jio will begin selling Jio Bharat V2 4G phone which will be internet-enabled, at ₹999, from 7 July targeting India’s 250 million feature phone users that use data-devoid 2G devices.

IDFC First Bank: The boards of IDFC Financial Holding Co. Ltd, IDFC Ltd, and IDFC First Bank on Monday approved a merger under which shareholders of IDFC will get 155 equity shares of the bank for every 100 shares held.

HMA Agro Industries: HMA Agro Industries, a frozen meat exporter, is set to make its stock market debut on Tuesday, July 4, with its equity shares listing on both the NSE and BSE exchanges. Trading will commence at 10 AM following the listing, and the offer price for the shares was fixed within the range of ₹555-585. The allotment was made at the upper band of the offer.

Bajaj Finance: Bajaj Finance's loan book grew 34 per cent to 9.9 MM in the April-June quarter of the current fiscal, compared to 7.2 MM in the corresponding period last year.

Bank of Maharashtra: State-owned Bank of Maharashtra (BoM) on Monday said it has posted a credit growth of 24.93 per cent at ₹1.75 lakh crore in the June quarter.

SpiceJet: SpiceJet on Monday said it has successfully completed the settlement of a loan payment worth ₹100 crore to City Union Bank. The last tranche of ₹25 crore was paid on June 30, 2023, successfully closing the entire loan account which was taken in 2012, the airline company said in a release.