Category: Business

During her employment with the ICICI Group, Buch received compensation in the form of salary, retiral benefits, bonuses, and ESOPs, in line with applicable policies,[more...]

NEW DELHI: In a bid to make India a semiconductor manufacturing hub, the government on Monday approved the proposal of Kaynes Semicon Pvt Ltd to[more...]

On a gross basis, revenue from domestic transactions in August 2024 increased by 9.2 per cent to Rs 1.25 lakh crore while revenue from imports[more...]

MUMBAI: Poor work-life balance, flexibility, and job dissatisfaction are leading to 4-5 per cent annual increase in 'infant attrition' -- employees quitting within six months[more...]

GUWAHATI: The operations of Numaligarh Refinery Limited (NRL) in Bangladesh have not been affected by the political turmoil in the neighbouring country, the refinery said[more...]

NEW DELHI: ONGC Videsh Limited (OVL), the overseas arm of ONGC, on Friday said it has stepped up efforts to recover divideds stuck in Russia[more...]

Adani Ports and Special Economic Zone Ltd (APSEZ) has entered into a definitive agreement to acquire 80% stake in Astro, in an all-cash deal for[more...]

Accordingly, their registration has been cancelled after following the process outlined in the Intermediaries Regulations, 2008.Also, Sebi said all these entities will have to ensure[more...]

Rakesh Gangwal, the billionaire co-founder of India’s largest airline IndiGo, sold a 5.24% stake in InterGlobe Aviation on Thursday for Rs 9,549 crore. More than[more...]

"We are thrilled to announce the Jio AI-Cloud Welcome offer. Jio users will get up to 100 GB of free cloud storage to securely store[more...]

In the ongoing frenzy seen across the Small and Medium Enterprises (SME) segment where all the fundamentals have gone for a toss, the capital market[more...]

ISLAMABAD: Traders in Pakistan went on strike Wednesday, shutting down their businesses in all major cities and urban areas to protest a rise in electricity[more...]

The microfinance sector is facing significant challenges as overleveraged borrowers are missing timely installments. This situation has forced lenders to slow down new loan sales,[more...]

According to Manish Gupta, a senior director with the agency, the revenue growth will be impacted this fiscal and the next, after a compound annual[more...]

In terms of geographical penetration, their branch networks more than doubled over the five years through March 2024, to 7,400. The maximum growth is in[more...]

The RBI is constantly working on devising policies, systems and platforms to make the financial sector stronger, nimble, and customer-centric, he said.However, the governor also[more...]

The Income Tax Department of the Ministry of Finance has processed refunds worth Rs 1.57 lakh crore so far, according to a top Government official.[more...]

Zomato's CEO, Deepinder Goyal, has announced the return of the Zomato Feeding India Concert (ZFIC), with global pop sensation Dua Lipa headlining the event. Goyal[more...]

AHMEDABAD: The Comptroller and Auditor General (CAG) of India has raised serious concerns with regards to the performance of State Public Sector Undertakings (SPSUs).The State[more...]

NEW DELHI: IT major Cognizant's subsidiary TriZetto has slapped a lawsuit on Infosys in a US federal court, accusing the Bengaluru-headquartered company of stealing trade[more...]

NEW DELHI: Adani Group’s trusted investor - GQG Partners- has increased its stake in Ambuja Cements by 1 per cent as it purchased shares worth[more...]

NEW DELHI: Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market[more...]

NEW DELHI: The promoters of Adani Group are likely to reduce their stake in three group entities – Adani Power, Ambuja Cement and Adani Wilmar[more...]

MUMBAI: The Mumbai bench of the National Company Law Tribunal (NCLT) has green-lighted the delisting plan of ICICI Securities, the largest full service brokerage in[more...]

Paytm said that its move to sell its entertainment ticketing business underscores its core focus on payments and financial services distribution. The company claims that[more...]

NEW DELHI: The Competition Commission of India (CCI) is said to have raised preliminary concerns that the $8.5 billion merger of Reliance and Walt Disney[more...]

NEW DELHI: In view of growing misinformation regarding the requirement for Indian citizens to obtain an income-tax clearance certificate (ITCC) before leaving the country, the[more...]

NEW DELHI: The Central Board of Direct Taxes (CBDT) has announced a crackdown on sectors prone to high cash transactions that often go unreported or[more...]

NEW DELHI: The government has finalised the rules for the Digital Personal Data Protection (DPDP) Act and will release them soon for public consultation, said[more...]

MUMBAI: Benchmark equity indices Sensex and Nifty climbed in early trade on Monday amid buying in blue-chip stocks Reliance Industries and ITC along with encouraging[more...]

SRIPERUMBUDUR: Taiwanese electronics manufacturing giant Foxconn is working on plans to set up a battery energy storage system unit in India, its chairman Young Liu[more...]

NEW DELHI: In order to get India’s agro-products on the global stage, the Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the export[more...]

Taking a cue from their larger counterparts who have been wooing depositors with attractive pricing of medium-term fixed deposits of up to 7.30 percent return[more...]

NEW DELHI: The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs 4,600 per tonne with effect[more...]

Until the early 1990s, Indian media drew a fat red line between the business press and general interest newspapers, preventing both from reflecting all of[more...]

NEW DELHI: State Bank of India, the country's biggest lender, has raised the Marginal Cost of Funds-based Lending Rate (MCLR) by 10 basis points (0.1[more...]

Ola Electric on Thursday entered the electric motorcycle segment with the launch of Roadster, Roadster X and Roadster Pro. The company also announced the integration[more...]

In his 98-minute speech—the longest he has delivered, surpassing his previous record of 96 minutes set in 2016—Modi highlighted the strength of Indian banks, attributing[more...]

Bangalore: The government of Karnataka has decided to stop all its transactions with two public sector banks --the State Bank of India (SBI) and Punjab[more...]

MUMBAI: At a time every analyst has ruled out rate cuts in this calendar, as against their forecast for a 25 basis points (bps) cut[more...]

MUMBAI: Manappuram Finance, a Kerala-based financial services firm, has reported a net profit of Rs 556.5 crore, which was 11.7 per cent higher as compared[more...]

NEW DELHI: The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, will meet on September 9."The 54th Meeting of GST Council will be held[more...]

The Reserve Bank of India (RBI) has mandated non-banking financial companies (NBFCs) to pay 100 percent of the deposit amount within the first three months[more...]

Business owners said their operations have halted since the second half of July when the widespread protests erupted.Abu Bakar Siddique, an oil wholesaler in one[more...]

MUMBAI: The Securities and Exchange Board (Sebi) has urged capital markets investors to remain calm and do due diligence before reacting to the latest report[more...]

NEW DELHI: In a relief to Religare Enterprises chairperson Dr Rashmi Saluja, the Securities Appellate Tribunal (SAT) has stayed for 12 weeks the Insurance Regulatory[more...]

The report explained that in one complex structure, a Vinod Adani-controlled company invested in the “Global Dynamic Opportunities Fund” (GDOF) in Bermuda, a British overseas[more...]

NEW DELHI: Realty firm Signature Global has reduced its net debt by 16% to Rs 980 crore in the June quarter, driven by robust cash[more...]

MUMBAI: Ola Electric made a silent debut on the exchanges with its shares getting listed at par against its issue price of Rs 76 on[more...]

The Bill also seeks to redefine the reporting dates for banks for regulatory compliance to the 15th and last day of every month instead of[more...]

MUMBAI: With the lenders (commercial banks) pushing top-up loans like never before, the Reserve Bank has flagged this as a potential risk for the system[more...]

For the RBI, it's all about timing right now.The central bank is walking that final bridge between pause and pivot, but the hour's growing late[more...]

BENGALURU: Though electrification in the country remains lower currently, Guruprasad Mudlapur, President of the Bosch Group in India, and Managing Director, Bosch Limited, is confident[more...]

MUMBAI: Equity benchmark indices Sensex and Nifty bounced back sharply in early trade on Wednesday after three days of massive decline in-tandem with a rally[more...]

NEW DELHI: The government on Tuesday proposed significant relief for individuals who bought houses before July 23, 2024, by giving them the option to choose[more...]

MUMBAI: The Indian gold industry announced the formation of the Indian Association for Gold Excellence and Standards (IAGES) on Tuesday. This new self-regulatory organisation (SRO)[more...]

MUMBAI: The current dynamics in the Japanese financial landscape suggest a significant shift in capital flows, driven primarily by rising long-term yields and an attractive[more...]

Front-running refers to an illegal practice, where an entity trades based on advanced information from a stock broker or analyst before the information has been[more...]

MUMBAI: Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5 per cent on Thursday, and wait for more macroeconomic[more...]

NEW DELHI: RBI interest rate decision, macroeconomic data and global trends would guide markets' movement this week, analysts said.Besides, trading activity of foreign investors and[more...]

India's largest lender State Bank of India, under Dinesh Kumar Khara, who’s superannuating as Chairman on August 28 upon turning 63, saw its per employee[more...]

On Wednesday, the president's communications director, Fahrettin Altun, had accused Instagram of censure, saying it was "preventing people from publishing messages of condolence for the[more...]

Byju’s in a statement said, “The honourable presiding judge invoked Rule 11 of the NCLAT Rules, 2016 to return the control of Think & Learn[more...]

MUMBAI: Benchmark equity indices Sensex and Nifty tumbled in early trade on Friday as investors rushed to book profits after record-breaking rallies in the past[more...]

BENGALURU: Infosys on Thursday in a filing said that Karnataka State authorities have withdrawn the pre-show cause notice and has directed the company to submit further[more...]

MUMBAI: Benchmark BSE Sensex jumped 388 points to breach the 82,000 level for the first time while broader Nifty spurted 108 points to hit the[more...]

AFA is using more than one factor for authentication to complete a payment instruction. Currently, the digital payments ecosystem uses SMS-based OTP as AFA. Back[more...]

The Supreme Court on Wednesday reserved its order on the issue of whether royalty levied by the Centre on mines and mineral-bearing lands since 1989[more...]

Union Minister of State for Chemicals and Fertilizers Anupriya Patel informed the Rajya Sabha on July 30 that the government has taken action against pharmaceutical[more...]

NEW DELHI: Commerce Minister Piyush Goyal on Tuesday said there has been no rethink on the government's stand on allowing Chinese investment and the views[more...]

In the foreword of the report, Governor Shaktikanta Das said, “digitalisation in finance is paving the way for next-generation banking; improving access to financial services[more...]

MUMBAI: Equity market benchmark indices Sensex and Nifty hit their new all-time high levels in early trade on Monday in tandem with a rally in[more...]

Further, the study found that 81 per cent of pilots are concerned that flights with minimum rest and rosters without buffers deeply impact fatigue."70 per[more...]

India cements has a total capacity of 14.45 mtpa of grey cementIndia Cements has a total capacity of 14.45 mtpa of grey cement. Of this,[more...]

G20 nations have agreed to work together to make the super-rich pay their taxes, but stopped short of a more substantial deal, according to a[more...]

NEW DELHI: The number of startups in India has increased to more than 1.4 lakh, highlighted Union Minister of State for Commerce and Industry, Jitin[more...]

NEW DELHI: Aditya Birla Group Chairman, Kumar Mangalam Birla, on Friday announced the launch of the Group's jewellery retail business, marking the Group's foray into[more...]

CHENNAI: Google has unveiled six new features for Google Maps in India, focusing on AI enhancements and local partnerships to improve user experience and support[more...]

The central bank further said banks covered under the LCR framework are required to maintain a stock of high quality liquid assets (HQLA) to cover[more...]

NEW DELHI: The first draft of a new simplified income tax law, as proposed in the Budget, will be prepared by an internal committee of[more...]

BENGALURU: The crypto industry, which has been seeking a reduction in the rate of TDS on the transfer of VDAs (virtual digital assets) from 1%[more...]

NEW DELHI: British Foreign Secretary David Lammy on Wednesday began a two-day visit to India to galvanise negotiations for an ambitious Free Trade Agreement and[more...]

Though there were no announcements benefiting the financial sector directly except those on home loans, bankers led by State Bank chairman Dinesh Khara and IBA[more...]

MUMBAI: Stock market benchmarks Sensex and Nifty tanked after Finance Minister Nirmala Sitharaman announced a hike in STT (Securities Transaction Tax) on F&O (Futures and[more...]

NEW DELHI: Air India will be operating its flagship A350-900 aircraft on Delhi-New York JFK flights from November 1, 2024, and Delhi-Newark flights from January[more...]

Simplification of the current capital gains tax regimeSimplification of the current capital gain tax regime is a long pending demand.  There are different rates of[more...]

NEW DELHI: A Jindal Group company has sent a senior executive, who is facing allegations of molestation by a female flight passenger, on administrative leave[more...]

MUMBAI: A stake sale in its general insurance subsidiary has boosted standalone net income of the fourth largest private sector lender, Kotak Mahindra Bank, by[more...]

The charming thing about budget is its single figure -- the annual income and expenditure number. Arriving at the estimate, however, isn't as simple, and[more...]

Experts stress that Friday’s disruptions underscore the vulnerability of worldwide dependence on software that comes from only a handful of providers.“It is an ‘all our[more...]

After a break of a year the company has started on boarding freshers from the campus. The company's Chief Human Resources Officer Saurabh Govil said[more...]

NEW DELHIU: Some of the banks, including ICICI Bank, Axis Bank, State Bank of India (SBI), and Punjab National Bank, have already begun utilizing the[more...]

The government has set a target of reaching $500 billion worth of electronics production in the country by 2030. According to a report published by[more...]

India's exports have shown resilience amidst global challenges, with merchandise exports rising by 5.8% to $109.96 billion in the first quarter of fiscal 2025, according[more...]

NEW DELHI: Cutting down headcount as part of its merger process with Vistara, Air India on Wednesday announced a voluntary retirement scheme (VRS) for its[more...]

MUMBAI: A few days after a RBI report painted a rosy picture about jobs in India, a recruitment drive for airport loaders led to a[more...]

BENGALURU: Moving Tech, the parent firm of community-led mobility apps Namma Yatri, Yatri Sathi, Yatri, and Mana Yatri, has raised Rs 92 crore ($11 million)[more...]

MUMBAI: Equity benchmark indices maintained their winning momentum for the third straight session on Tuesday, with the Sensex and Nifty hitting their new all-time peaks,[more...]

NEW DELHI: FMCG giant Hindustan Unilever Limited (HUL) is selling its water purification business -- Pureit in India to AO Smith, a leading global water[more...]

NEW DELHI: Food delivery platforms Zomato and Swiggy have once again hiked platform fee to Rs 6 per order from an earlier Rs 5 —[more...]

TCS reported a marginal decline in the number of women employees at 35.5 per cent as of June this year, but Lakkad said this is[more...]

NEW DELHI: Automobile exports from India rose 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according[more...]

NEW DELHI: The government is poised to launch the 'Agri Fund for Startups and Rural Enterprises' (AgriSURE) to support agripreneurs.Investments through the fund will be[more...]

BENGALURU: HCL Tech’s June quarter performance beat Street estimates as the IT services firm posted a 20% year-on-year increase in its consolidated net profit at[more...]

NEW DELHI: In a move to boost innovation in the sports industry, IIT Madras is set to provide up to Rs 5 crore in funding[more...]

CMA.CA.CS Divya Abhishek, Chairperson of FICCI FLO Chennai spearheaded a delegation of 30 distinguished women entrepreneurs representing a diverse array of expertise and path breaking[more...]

MUMBAI: At a time when the government is moving towards the idea of regular increase in the minimum support price (MSP) amidst farmers’ clamour to[more...]

MUMBAI: Equity benchmark indices rebounded in early trade on Thursday amid a rally in global markets and continuous foreign fund inflows.Buying in IT stocks also[more...]

MUMBAI: The Reserve Bank has further liberalised remittances under the LRS (liberalised remittance scheme) via International Financial Services Centres (IFSCs) by allowing remittances for availing[more...]

MUMBAI: Equity benchmark indices declined after hitting their fresh record high levels in early trade on Wednesday amid weak global market trends.The 30-share BSE Sensex[more...]

BENGALURU: The board of directors of Cognizant Technology Solutions Corporation has approved the company’s payment of $ 505,087 to its chief financial officer, Jatin Dalal,[more...]

MUMBAI: Equity benchmark indices rebounded in early trade on Tuesday amid buying in blue-chip stocks and foreign fund inflows.The 30-share BSE Sensex climbed 205.99 points[more...]

The company did not disclose the deal amount. Mahesh Zurale, global lead - Advanced Technology Centers Global Network, Accenture, said, “Accenture’s acquisition of Excelmax Technologies[more...]

MUMBAI: Equity benchmark indices declined in early trade on Monday as investors opted to book profits after the recent record rally in equities.Mixed cues from[more...]

The two countries are also negotiating a bilateral investment treaty (BIT).There are 26 chapters in the agreement, which include goods, services, investments and intellectual property[more...]

The government plays a necessary role in the changing landscape of new-India. Policies (just to name a few) such the Pradhan Mantri Mudra Yojana which[more...]

NEW DELHI: A day after the Congress party criticised the government over the tariff hike by telecom service providers (TSPs), the Ministry of Communication defended[more...]

NEW DELHI: Even though the Department for Promotion of Industries and Internal Trade (DPIIT) has recommended the finance ministry remove the angel tax, it is[more...]

NEW DELHI: NPCI (National Payments Corporation of India) International Payments Limited (NIPL) in partnership with Network International (hereafter mentioned as Network), a leading enabler of digital[more...]

Assistant Vice President Ms.Kadhambari S Viswanathan has distributed the admission letter to a total of 32 students (16 Male, 16 Female) who got admitted in[more...]

This call to action assumes importance given that the equity market has been on song lately, with the Sensex crossing the 80,000-mark for the first[more...]

NEW DELHI: Equity benchmark indices Sensex and Nifty hit their lifetime peaks in early trade on Thursday, amid firm global market trends, buying in blue-chip[more...]

Further he said India sales rose to $203.5 million for the three months ending March 2024, up $24.9 million or 13.9 percent over the corresponding[more...]

NEW DELHI: In yet another landmark for India’s equity market this year, the S&P BSE Sensex scaled the 80,000 mark on Wednesday for the first[more...]

Japan’s Honda Motorcycle & Scooter India (HMSI) has overtaken India’s Hero MotoCorp in the two-wheeler market. HMSI’s total 2W sales (domestic and exports) stood at[more...]

The US firm said the show cause notice does resolve some questions: "Did Hindenburg work with dozens of firms to short Adani, making hundreds of[more...]

NEW DELHI: As the Goods and Services Tax (GST) completes seven years in June 2024, the gross monthly collection reached Rs 1.74 lakh crore, marking[more...]

After taking into consideration all aspects, determine your tax liability and choose the appropriate ITR form and fill out the ITR form online or use[more...]

It is advised that professionals in financial and legal, and financial advisors, such as insurance agents, accountants, mortgage brokers, and attorneys carry indemnity insurance.“We’ll be[more...]

NEW DELHI: The construction of the Rs 12,940-crore 'Urja Ganga' gas pipeline, India's most ambitious project taking environment-friendly fuel to eastern parts of the country,[more...]

MUMBAI: Challa Sreenivasulu Setty, the senior-most managing director of the State Bank of India, is set to be the next chairman of the nation’s largest[more...]

NEW DELHI: India has received high praise from the Financial Action Task Force (FATF) for its exceptional performance in the Mutual Evaluation conducted during 2023-24.[more...]

Bain entered the Pune firm in 2014 through its arm BC Investments, with an investment of around Rs 675 crore, Mehta told TNIE here Friday.The[more...]

NEW DELHI: Bharti Airtel on Friday announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase[more...]

MUMBAI: The markets regulator Sebi has taken a decisive stance against finfluencers or social media influencers who promote stocks and offer incomplete investment advice to[more...]

MUMBAI: Benchmark indices rebounded after falling in early trade on Thursday, with the Sensex breaching the historic 79,000-mark for the first time and the Nifty[more...]

NEW DELHI: Telecom operator Vodafone Idea (Vi) has partnered with South Korean electronics giant Samsung for deploying virtualized Radio Access Network (vRAN) solutions.vRAN is a[more...]

MUMBAI: Stock market benchmark indices climbed in early trade on Wednesday, with the Sensex hitting its fresh all-time high level, but soon equities faced volatile[more...]

MUMBAI: Reserve Bank Governor Shaktikanta Das has asserted that the prevailing high interest rate is not impeding growth, making it clear that the monetary policy[more...]

BENGALURU: Investment firm Prosus on Monday said it has written off its 9.6% stake in Byju’s. In its FY24 annual report, the Naspers-owned firm said[more...]

MUMBAI: Driven a sharper fall in imports and a marginal fall in exports helped the economy narrow trade deficit, which along with robust services exports[more...]

MUMBAI: Benchmark equity indices tumbled in early trade on Monday amid weak trends from global markets and fresh foreign fund outflows.Profit-taking after a record-breaking rally[more...]

NEW DELHI : Solid surface manufacturer Durlax Top Surface’s initial public offer (IPO) to raise Rs 40.80 crore has been oversubscribed nearly 161 times, the[more...]

Tesla and Neuralink CEO Elon Musk had another child with an executive at his brain implant company Neuralink, according to a report from Bloomberg. Neuralink[more...]

India has emerged as one of the fastest growing major economies in the world. But being the fastest growing economy with low per capita income,[more...]

Of them, Das, Patra, Bhide, and Ranjan voted to keep policy repo rate unchanged at 6.5% and to remain focused on withdrawal of accommodation, while[more...]

Though headline inflation has been sequentially moderating since February, albeit in a narrow range from 5.1 per cent in February to 4.8 per cent in[more...]

MUMBAI: Benchmark equity indices rallied in early trade on Friday, with the NSE Nifty hitting a fresh all-time peak, helped by buying in IT stocks[more...]

There were also other issues, including regulatory actions by financial sector watchdogs, which put question marks over some fintechs' valuations like in the buy now[more...]

MUMBAI: The Adani Group is planning more than $100 billion investments in energy transition projects and towards building manufacturing capabilities to produce all the key[more...]

“The goal of aligning inflation with the target of 4 per cent will remain a work in progress as long as food prices pressure persists,”[more...]

MUMBAI: Benchmark equity indices Sensex and Nifty hit their new lifetime peaks in early trade on Wednesday amid a firm global market trends, buying in[more...]

"We deeply regret the inconvenience caused to her because of this incident," the statement said.Amul said its team was trying to contact the customer continuously[more...]

Holders of tenements in existence on or before January 1, 2000, will be eligible for in-situ rehabilitation.Those existing between January 1, 2000, and January 1,[more...]

NEW DELHI: Karnataka government on Saturday hiked sales tax on fuel, making petrol and diesel costlier.As per official sources, petrol price will now go up[more...]

For the week ended June 7, the foreign currency assets, which are the largest component of the reserves, jumped by $3.773 billion to $576.337 billion,[more...]

“It’s a case study in where we’re heading,” Lane told the AP. “If the people who are leading the charge don’t have a fundamental respect[more...]

The Adanis entered the cement business in August 2022 by acquiring the stakes held by the Swiss major Holcim in Ambuja Cements and its subsidiary[more...]

NEW DELHI: Mumbai is ranked third and Delhi fifth among top 44 cities globally in terms of appreciation of housing prices during January-March 2024 period,[more...]

The agencies see asset quality continue to improve, with headline gross non-performing advances and net NPAs declining to their lowest levels in over a decade[more...]

NEW DELHI: Telecom industry body COAI on Wednesday said it expects the government to allocate the 6 GHz band spectrum for 5G network expansion and[more...]

AM Naik, who retired as non-executive chairman of the company in September 2023, received Rs 1.69 crore as salary during the year. Naik also received[more...]

The nation’s largest lender State Bank of India Tuesday said it would raise up to $3 billion via Forex (foreign exchange) debt in the current fiscal[more...]

A top office bearer of the Toys Association of India has also confirmed that the PLI for the toys sector is one of the top[more...]

NEW DELHI: Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement[more...]

Nearly 2 decades ago, when the Hindustan Times was first launched in Mumbai, one of the cutting edge offerings it gave city readers was opinion[more...]

NEW DELHI: Akasa Air is well on the path to profitability and will fly to more international destinations, including in South Asia and Southeast Asia,[more...]

MUMBAI: The Bajaj Group has field the draft red herring prospects with the market regulator Sebi for a Rs 7,000-crore primary share sale from its[more...]

The Fourteen Centenary Goals1. Monetary policy and liquidity management(Positioning the Reserve Bank as the leader of the Global South; review of monetary policy framework to[more...]

A senior equity market analyst said that the rally in share prices is entirely sentiment-driven as seen in the case of many other politically connected[more...]

MUMBAI: On the back of sharp buying over the past three sessions, India’s equity market recovered from the earth-shattering fall it witnessed on the Lok[more...]

MUMBAI: After many years, the Bajaj group is planning to the hit primary market with a mega Rs 4000-corre IPO along with an offer for[more...]

MUMBAI: The tobaccos to hotels and FMCG major ITC Thursday said an overwhelming majority of its shareholders—as much as 99.6 percent—approved the demerger of its[more...]

In 2022, Japan's gaming, anime and manga sectors raked in 4.7 trillion yen ($30 billion) from abroad -- close to microchips exports at 5.7 trillion[more...]

Nair added that the market does not expect any change in RBI's policy stance given persistent high food inflation, and an expectation of an increase[more...]

With the BJP's tally being well below the simple majority, Modi will be at the mercy of his allies in the 543-member house, which could[more...]

India’s equity market headline indices registered their biggest single-day fall of four years on Tuesday as Prime Minister Narendra Modi-led Bharatiya Janata Party (BJP) failed[more...]

BENGALURU: Infosys CEO and MD Salil Parekh's annual compensation increased 17% to Rs 66.25 crore in FY24, according to the company's annual report. He was[more...]

In a statement Monday, the RBI said with only Rs 7,755 crore yet to be returned to the system as of May 31, the total[more...]

AHMEDABAD: The price of Amul milk across all variants has been hiked by Rs 2 per litre with effect from Monday in view of the[more...]

NEW DELHI: Loss of jobs for around 2,500 workers at Tata Steel's operations in the UK, which are in a transition phase, is "inevitable", the[more...]

MUMBAI: Passenger vehicle (PV) sales during the month of May were in the slow lane as buyers’ sentiments were impacted by general elections and extreme[more...]

NEW DELHI: The oil marketing companies (OMCs) announced on Saturday that they would reduce the price of jet fuel and commercial LPG used by hotels[more...]

MUMBAI: Country’s civil aviation regulator - the Directorate General of Civil Aviation (DGCA) - has pulled up Tata group-run Air India for “repeated incidences of[more...]

Much of the last fiscal's economic activity was fueled by investments, which more than offset the slowdown in private consumption demand and the drag from[more...]

MUMBAI: Record gold prices leading to higher loan sales and a good show by its subsidiaries boosted the consolidated earnings of the largest pureplay gold[more...]

MUMBAI: The balance-sheet of the Reserve Bank has grown 11.08 percent to Rs 70.47 trillion in FY24, leading to a record Rs 2.1 trillion in[more...]

BENGALURU: Ever since 1% TDS (tax deducted at source) for virtual digital assets was introduced, the crypto industry has been seeing reductions in trading volumes,[more...]

DES MOINES, Iowa: More than 4 million chickens in Iowa will have to be killed after a case of the highly pathogenic bird flu was[more...]

According to the report, corporate GVA grew by around 18% in Q4 FY24 as compared to 20% in Q4 FY23 and 26% in Q3 FY24.[more...]

MUMBAI: Bank credit growth is likely to decelerate by 200 bps to 14 percent on year this fiscal primarily because of the economy losing its[more...]

The nation’s largest investment powerhouse earned Rs 84,425.45 crore profts from its investment, which was up from Rs 67,846.64 crore a year ago. During the[more...]

The move comes amidst the rising trend of betting, leagues, and transactions on online gaming platforms using real-time data on stock price movements. These games[more...]

MUMBAI: The massive inflows into mutual funds, which have grown over 37% in April to cross the Rs 57 trillion (Rs 57 lakh cr) mark,[more...]

GUWAHATI: Small tea growers in Assam, who account for nearly half of the tea grown in this North Eastern state, are staring at uncertainty with[more...]

It took more than a decade for GIFT City in Gujarat, India's only international financial hub, to finally materialise with the help of better policies[more...]

“The vast majority of AI Overviews provide high-quality information, with links to dig deeper on the web,” Google said a written statement. “Many of the[more...]

'Unbelievable' eventsDogecoin has been backed by hip-hop star Snoop Dogg, "Shark Tank" entrepreneur Mark Cuban and Kiss bassist Gene Simmons.But its most keen supporter is[more...]