Ending the continuous losing streak in the past four sessions, the BSE Sensex on Friday jumped back 599.34 points to close at 73088.33 on the strength of Bankex, Metal, Financial services and Consumer Durable stocks amid weak Asian Market.
Mumbai/IBNS: The Indian benchmark indices opened in the red on Friday (Apr 19) as geopolitical tensions have escalated in the Middle East after Israeli missiles reportedly hit sites in Iran in a retaliatory action.
Mumbai: HDFC Life Insurance Thursday declared a net profit of Rs 411 crore for the January-March quarter of the fiscal year 2023-24, up 14.8 percent from the Rs 358 crore reported in the corresponding period last year.
Mumbai: Infosys said there has been a drop in its recruitment activities during the fourth quarter of FY24, according to its financial results declared on Thursday.
Kolkata: UK-based engineering manufacturing firm Vesuvius will invest Rs 1,000 crore in India over the next five years.
Mumbai: India's second-largest IT services company Infosys Ltd surpassed market expectations by reporting a net profit of Rs 7,969 crore for the fourth fiscal quarter, up 30% year-on-year against Rs 6,134 crore in the same period last year. .
Mumbai: Indian key stock market indicators concluded the fourth consecutive session in the red under the ongoing uncertainties in West Asia and diminishing expectations of an imminent interest rate reduction by the US Federal Reserve, which dampened investor confidence in India.
Elon Musk's upcoming visit to India on April 21-22 for Tesla and Starlink operations, and meeting with PM Narendra Modi, could turn out to be an important moment for India's tech sector.
Mumbai: Veteran banker Deepak Parekh has resigned from his positions as Chairman and Non-Executive Director of HDFC Life Insurance, the company said in an exchange filing on Thursday.
The biggest game changer in India in the past years has been the steps taken by the government to ensure that the nation is part of the global value chains and supply chains, according to a top industry body official.
IMF Executive Director has said India will remain a driver for global growth in the foreseeable future.
Mumbai/IBNS: Indian benchmark indices opened on a positive note on Thursday (Apr 18) with Nifty near 22,250, shaking off the fading hopes of an early US rate cuts and geopolitical tensions in the Middle East due to the last week's Iranian attack on Israel that continued to weigh on investor sentiment.
Mumbai: One 97 Communications (OCL), the company that operates Paytm, has been granted permission by the National Payments Corporation of India (NPCI) to migrate its users to different banks for UPI transactions.
Kolkata: Premier Energies Photovoltaic Private Ltd, a wholly owned subsidiary of integrated solar cell and solar module manufacturer Premier Energies Limited (PEL) has secured a 140 megawatt (MW) Solar PV Modules supply export order from Amara Raja Infra Private Limited for an EPC project in Bangladesh.
Mumbai: Vodafone Idea has garnered Rs 5,400 crore from 74 anchor investors, according to a statement released on Wednesday.
New Delhi: The government on Wednesday notified changes to the foreign direct investment regulations in the space sector, aiming to attract international investors into satellite manufacturing and satellite launch vehicle sectors.
Ahmedabad: The Adani family, headed by billionaire Gautam Adani, announced on Wednesday that they have injected Rs 8,339 crore as the main shareholders into their cement subsidiary Ambuja Cements Ltd. by fully participating in the company's warrants program.
New Delhi: Tesla CEO Elon Musk is set to announce an investment of $2-$3 billion in India, primarily aimed at establishing a new factory, during his upcoming visit to New Delhi to meet with Prime Minister Narendra Modi, Reuters reported, citing sources.
Bengaluru: iPhone maker Apple has inked a joint venture with renewable energy developer CleanMax to address the issue of greenhouse gas emissions associated with customers using their devices under its Apple 2030 roadmap.
In the realm of managing home loan finances, a balance transfer facility emerges as a strategic tool for homeowners seeking to optimize their finances. Through home loan refinancing, you can transfer your outstanding loan amount from the existing lender to a new lender, typically to avail of a lower home loan interest rate.
In a bold move to transform its agricultural landscape, India is set on a path to become a Global Nutrition Hub, with a focus on promoting millets as a superfood and bolstering the production of pulses and edible oils. The ambitious plan aims to empower farmers and make agriculture a more lucrative profession.
Mumbai/IBNS: The Indian stock market -- the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) -- is closed today (Wednesday, Apr 17) on account of Ram Navami, which is celebrated as the birth anniversary of Lord Ram.
Mumbai: The total number of folios in the Indian mutual fund industry has nearly doubled in the last five years at 17.79 lakh crore in March 2024, up from 8.97 lakh crore in March 2020 on the back of increasing awareness and a growing interest among retail investors for investing in equities and bonds through the mutual fund route.
Mumbai: The Aditya Birla Group is upbeat about a new app the company has developed at a cost of Rs 100 crore with the aim to nearly double its customer base within three years and keep pace with the expected growth in India’s financial services sector, media reports said.
New Delhi: India's merchandise exports plummeted by 3% to $437 billion in the previous fiscal year, despite a fourth-quarter uptick.
Mumbai: Zee Entertainment Enterprises Ltd. announced on Tuesday that it has withdrawn its application from the National Company Law Tribunal (NCLT) regarding the execution of its merger with Sony Entertainment Enterprises (Culver Max), the company said in a statement.
New Delhi: The International Monetary Fund (IMF) increased its forecast for India's GDP growth in 2024-25 by 30 basis points to 6.8%, it said in an update to the World Economic Outlook (WEO).
Mumbai: The Reserve Bank of India on Tuesday held a two-day variable rate reverse repo (VRRR) auction due to the nearing Rs 1 trillion liquidity surplus in the banking system.
Mumbai: The Mahindra Group announced its entry into the hybrid renewable energy sector with a Rs 1,200 investment in a solar and wind project, a stock exchange filing on Monday.
Mumbai: Jio Financial Services has announced a joint venture with the US-based multinational investment company BlackRock for wealth management and broking operations in India.
