State-owned Indian Overseas Bank on Thursday posted a 24% surge in net profit to Rs. 777 crore in the second quarter ended September 2024, due to interest income and onboarding of new customers. The bank had earned a net profit of Rs. 625 crore in the same quarter a year ago.
Tata Power set to tap market with Rs 2,000-cr bond issue
Tata Power is set to raise ₹2,000 crore through a bond sale. This funding will support debt refinancing, renewable energy investments, and general corporate needs.