Sensex jumps up 599 points ending losing streak for several sessions
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.
Stock market opens in the red amid reports of Israeli retaliatory strikes against Iran
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.
HDFC Life Q4FY24 net profit grows 14.8% YoY to Rs 411 cr
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.
Infosys workforce declines by 25,994 in FY24
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.
UK's Vesuvius group to invest Rs 1,000 cr in India
Kolkata: UK-based engineering manufacturing firm Vesuvius will invest Rs 1,000 crore in India over the next five years.
Infosys Q4FY24 net profit jumps 30% YoY to Rs 7,969 cr
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. .
Indian bourses close in red amid uncertainty in West Asia; Sensex tanks 450pts, Nifty at 21,995
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.
Musk's Visit to India Can Be a Game-Changer for the Tech Landscape
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.
Deepak Parekh steps down as HDFC Life's Chairman and Non-Executive Director
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.
India now part of global value and supply chains, says CII chief
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.
India to remain driver for global growth in the foreseeable future, says IMF Executive Director
IMF Executive Director has said India will remain a driver for global growth in the foreseeable future.
Stock Market opens in the green, Nifty near 22,250, Sensex up 290 points
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.
Paytm starts migrating its users to PSP banks
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.
Premier Energies Photovoltaic Ltd secures export order from Amara Raja Infra for Bangladesh project
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.
Vodafone Idea raises Rs 5,400 cr from over 70 anchor investors
Mumbai: Vodafone Idea has garnered Rs 5,400 crore from 74 anchor investors, according to a statement released on Wednesday.