India's core sector marks 8.1 pc YoY growth in September
Nov 01, 2023, at 12:24 am
India's core sector comprising of eight key infrastructure components grew 8.1% year-on-year (YoY) in September 2023, according to data released by Commerce and Industry Ministry on Tuesday.
Indian Market: Sensex down 237.72 pts
Oct 31, 2023, at 10:26 pm
Snapping a winning streak of last two sessions, the BSE Sensex dropped 237.72 pts to close at 63,874.93 as selling was seen in Auto, Energy Technology and BSE Services stocks.
Oct 31, 2023, at 05:31 am
A top official of Godrej Locks believes that the rate of growth which digital locks will witness in the next three years might be 10 percent of the sales in the segment.
Indian Market: Sensex advanced 329 pts
Oct 30, 2023, at 11:26 pm
The BSE Sensex gained further by 329.85 pts to close at 64,112.65 as buying was seen in Realty, Energy and Telecommunications stocks.
Bandhan Mutual Fund launches Bandhan Nifty Alpha 50 Index Fund
Oct 29, 2023, at 12:33 am
Bandhan Mutual Fund on Saturday announced the launch of the Bandhan Nifty Alpha 50 Index Fund, an open-ended index scheme tracking Nifty Alpha 50 Index, providing investors with an opportunity to invest in a well-diversified portfolio of stocks that generated high alpha (relatively higher returns than the market) over the last one year.
Bajaj Finserv Q1FY24 net profit grows 24% to Rs 1,929 cr
Oct 28, 2023, at 06:09 am
Mumbai: NBFC Bajaj Finserv posted a consolidated net profit of Rs 1,929 crore, marking a 24% increase compared to the previous year's earnings of Rs 1,557 crore.
SBI Cards and Payment Services Q2FY24 PAT grows 15% YoY to Rs 603 cr
Oct 28, 2023, at 05:42 am
Mumbai: SBI Cards and Payment Services Ltd reported Profit After Tax (PAT) of Rs 603 crore in Q2 FY24, up 15% YoY, compared to Rs 526 crore in Q2 FY23.
BharatPe's Chief Product Officer Ankur Jain resigns
Oct 28, 2023, at 05:06 am
Mumbai: Fintech unicorn BharatPe on Friday said that its Chief Product Officer Ankur Jain has resigned to pursue startup ambitions.
Union Bank Q2FY24 soars 90% YoY to Rs 3,511 cr; NII stands at Rs 9,126 cr
Oct 28, 2023, at 04:24 am
Mumbai: Public sector lender Union Bank recorded a net profit of Rs 3,511 crore in the quarter ending September of FY24, surging 90 percent compared to the Rs 1,848 crore reported in the same period last year.
RBI grants extension to Dipak Gupta as MD & CEO of Kotak Mahindra Bank
Oct 28, 2023, at 03:34 am
Mumbai: The Reserve Bank of India (RBI) has granted an extension to Dipak Gupta as the interim Managing Director and Chief Executive Officer (MD and CEO) of Kotak Mahindra Bank until December 31, 2023.
Jio Infocomm posts Rs 5,058 cr Q2FY24 net profit, up 12% YoY
Oct 28, 2023, at 03:11 am
Mumbai: Jio Infocomm, the telecom arm of Reliance Industries, posted a standalone net profit of Rs 5,058 crore for the quarter ending in September, up 12.10 percent year-on-year.
Reliance Retail Q2FY24 PAT grows 21% YoY to Rs 2,790 cr
Oct 28, 2023, at 02:23 am
Mumbai: Reliance Retail, the retail division of diversified conglomerate Reliance Industries, recorded a 21 percent year-on-year rise in net profit, reaching Rs 2,790 crore for the quarter ending in September.
Sensex surges 634 points to close at 63782.80
Oct 27, 2023, at 10:36 pm
Snapping a losing streak of the last six sessions, the BSE Sensex on Friday surged 634.65 points to close at 63782.80 as buying was seen in power, utilities, and real estate stocks amid a positive Asian market.
Oct 27, 2023, at 10:29 pm
Tata Group will officially manufacture Apple iPhones in India for domestic and international markets in the next two and a half years.
Maruti Suzuki profit surges 80 pc to Rs 3,716.5 cr in Q2
Oct 27, 2023, at 10:28 pm
On the back of higher sales, softening commodity prices and cost reduction, country's largest carmaker Maruti Suzuki on Friday recorded 80.3% year-on-year increase in net profit at Rs 3,716.5 crore for July-September quarter (Q2) of ongoing financial year 2023-24.
Oct 27, 2023, at 06:11 am
Mumbai: Dubai Chambers on Thursday announced the launch of the Dubai Business Forum.
Bank Fraud case: ED attaches assets worth Rs 70 cr of DHFL promoters Wadhawans
Oct 27, 2023, at 05:58 am
New Delhi: The Enforcement Directorate has attached assets worth over Rs 70 crore belonging to DHFL promoters Kapil and Dheeraj Wadhawan in connection to a money laundering probe linked to an alleged bank loan fraud case, media reported.
Govt to increase onion supplies to prevent prices from skyrocketing during festive season
Oct 27, 2023, at 05:17 am
New Delhi: The government is set to increase the supply of onions in retail markets to stabilize prices during the upcoming festive season, Moneycontrol reported, citing a senior official from the Consumer Affairs Department.
SEBI bans finfluencer 'Baap of Chart'; orders to return Rs 17.2 cr
Oct 27, 2023, at 04:36 am
Mumbai: The Securities and Exchange Board of India (SEBI) on Wednesday prohibited a well-known social media influencer from engaging in securities trading and ordered him to reimburse Rs 17.2 crore collected from his followers, Bloomberg reported.
Amid geopolitical tensions, Sensex tumbles 900 points; falls for 6th continuous day
Oct 27, 2023, at 03:36 am
Mumbai: The stock market continued to decline for the sixth consecutive session, the benchmark Sensex witnessed a massive drop of around 900 points, crossing the 64,000 level.
Reliance Jio partners with Plume's cloud platform
Oct 26, 2023, at 08:13 pm
Mumbai/UNI: Telecom major, Reliance Jio Infocomm Limited on Thursday said the company has partnered with network services and consumer experience pioneer Plume to provide market-leading smart home and small business services to its subscribers across India.
Bajaj Finserv Asset Management launches new banking and PSU fixed income fund
Oct 26, 2023, at 08:38 am
Pune: Bajaj Finserv Asset Management on Wednesday announced the launch of its fourth fixed income investment produc tBajaj Finserv Banking and PSU Fund.
Cello World IPO of Rs 1,900 cr to open on Oct 30
Oct 26, 2023, at 08:31 am
Mumbai: The initial public offer of Cello World Ltd, one of the leading companies in the consumerware market, will be listed on the country's premier equity markets to raise Rs 1,900 crore.
Volvo Car India records 40% growth in FY24’s Jan-Sept period
Oct 26, 2023, at 08:21 am
Kolkata: Volvo Car India recorded 40% growth in the January-September 2023 period, the company said in a press release.
India set to become third-largest economy by 2030 with GDP of over $7 trillion: S&P Global
Oct 26, 2023, at 07:06 am
New Delhi: India, presently the world's fifth-largest economy, is poised to surpass Japan and secure the position of the third-largest global economy with a Gross Domestic Product (GDP) of $7.3 trillion by 2030, S&P Global Market Intelligence has projected in its latest Purchasing Manager’s Index (PMI) report.
Cabinet approves nutrient-based fertiliser subsidy for Rabi season at an outlay of Rs 22,303 cr
Oct 26, 2023, at 05:55 am
New Delhi: The Union Cabinet Wednesday approved the nutrient-based fertiliser subsidy rates for the 2023-24 Rabi season at a cost of Rs 22,303 crore to the government.
South Korean firm Daewoo to reenter India to make power, energy, and electronic products, EVs
Oct 26, 2023, at 05:23 am
Mumbai: Daewoo, which manufactured Matiz and Cielo cars in India, is preparing for a re-entry into the country, this time focusing on a range of power, energy, and electronic products, including electric vehicles (EVs), Moneycontrol reported.
Tech Mahindra's Q2FY24 net profit grows 6% to Rs 494 cr
Oct 26, 2023, at 05:20 am
Mumbai: IT services company Tech Mahindra witnessed a significant 61.6 percent drop in net profit to Rs 494 crore compared to the previous year for the quarter ending on September 30.
Axis Bank reports Rs 5,864 cr Q2FY24 net profit, up 10% YoY; NII grows 19%
Oct 26, 2023, at 05:16 am
Mumbai: Private sector lender Axis Bank on Wednesday reported a net profit of Rs 5,864 crore for the July-September FY24 quarter, a 10 percent increase from Rs 5,330 crore recorded a year ago.
A Convenient Guide to Applying for a Two-Wheeler Loan Online in India
Oct 26, 2023, at 04:05 am
Owning a two-wheeler is not just a mode of transport; it's a symbol of convenience and freedom for millions of Indians. Whether you're a college student commuting to campus, a professional navigating through city traffic, or someone looking for a budget-friendly way to get around, a two-wheeler can be the perfect solution. If you're considering purchasing a bike but don't have the immediate funds, fret not! Two-wheeler loans offer a hassle-free way to finance your ride. In this comprehensive guide, we'll walk you through the process of applying for a two-wheeler loan online in India, including bike loan eligibility criteria and interest rates.