9 of top-10 most-valued firms add over Rs 1.85 trillion m-cap
In the last week (May 20-24), nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore in market valuation.
In the last week (May 20-24), nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore in market valuation.
It called the report published by The Morning Context as ‘baseless’ and a ‘figment of imagination’. It also categorically denied the information published in the article.
For Q4 FY24, ICICI reports a net profit of Rs 10,708 crore, up 20 per cent from last year.
In the list, State Bank of India is at the 20th position, HDFC Bank at 33 and ICICI Bank at 48th spot.
The BSE Sensex on Thursday was trading at 73,755 points, up by 758 points or 1.04 per cent, led by gains in the financial stocks.
Following the stake sale, LIC's holding in the bank has reduced to 6.74 per cent from 8.74 per cent earlier.
MESPL offers an online school management platform and reported turnover of Rs 12 crore in FY 2020.
Batra has been working with the ICICI Group for the last 20 years and is currently the President with responsibilities of the Corporate Centre at the bank.
The ‘Infinite India’ initiative is part of our strategy to further strengthen our technology-enabled offerings aimed to partner with foreign companies coming to India.
ICICI Bank, the promoter of the company, held 77.22 per cent stake in ICICI Securities as of September 30, 2020.