Bandhan Bank reports net profit up 244% YoY at Rs. 721 crore for second quarter
Oct 19, 2023, at 04:53 am
Kolkata/IBNS: Bandhan Bank Wednesday announced its financial results for the second quarter of the financial year 2023-24. The bank’s retail loan book grew at a healthy 80% further strengthening its portfolio diversification agenda.
Bandhan Bank says its retail loan book grew 80 pct
Oct 18, 2023, at 11:46 pm
Bandhan Bank on Wednesday announced its financial results for the second quarter of the financial year 2023-24 where it said its retail loan book grew at a healthy 80% further strengthening the Bank’s portfolio diversification agenda.
Business loan or Advance! What is the difference between these two?
Oct 18, 2023, at 05:21 pm
PM Modi lays foundation stone for mega container terminal at Gujarat's Tuna-Tekra at Deendayal Port
Oct 18, 2023, at 10:04 am
New Delhi: Prime Minister Narendra Modi laid the foundation stone for the new 2.19 million TEU per annum mega-container terminal on India’s western coast Tuna-Tekra at Deendayal Port on Tuesday.
PwC India, Workiva partner to help Indian enterprises automate risk and compliance functions
Oct 18, 2023, at 08:35 am
Mumbai: PwC India Tuesday announced a strategic partnership with Workiva, a cloud platform for integrated reporting to meet increasing demands in India for accurate and transparent disclosures and Governance, Risk and Compliance (GRC).
Indian Market: Sensex recovers 261.16 pts
Oct 17, 2023, at 10:32 pm
The BSE Sensex on Tuesday jumped 261.16 pts to close at 66,428.09 on the strength of Utilities, Power, Energy stocks.
Chevron Australia LNG workers to get back on strike as negotiation fail
Oct 17, 2023, at 06:01 am
Sydney: Workers at Chevron Australia's liquefied natural gas (LNG) facilities are expected to resume their strikes on Thursday, as talks between the unions and the energy giant failed in the deal-finalisation phase.
Oct 16, 2023, at 04:30 pm
Mumbai/UNI: The BSE Sensex on Monday declined by 42:05 points to 66,237.41 as selling was seen in FMCG, finance, and health care stocks.
Govt to double manpower for processing Intellectual Property applications
Oct 14, 2023, at 08:06 am
New Delhi: The government will double the manpower for processing Intellectual Property (IP) applications, and the process will be streamlined and made more transparent, Commerce & Industry Minister Piyush Goyal said on Friday.
REC inks MoU with NICSI for ICT and digital transformation
Oct 14, 2023, at 07:06 am
New Delhi: State-owned company REC, formerly known as Rural Electrification Corporation Ltd has signed a Memorandum of Understanding with National Informatics Centre Services Inc. (NICSI),
India's imports from Russia soar 67% to $30.42 billion in April-Sept
Oct 14, 2023, at 07:02 am
New Delhi: India's imports from Russia in the April-September period of this fiscal year surged by approximately 67 percent to USD 30.42 billion.
HDFC Life Insurance Q2FY24 net profit grows 15% YoY to Rs 376 cr
Oct 14, 2023, at 06:10 am
Mumbai: HDFC Life Insurance, a private sector insurance company, Friday announced a net profit of Rs 376 crore in the September quarter of the financial year 2023-24.
Tata Motors to sell 9.9% stake in IPO-bound subsidiary Tata Technologies
Oct 14, 2023, at 05:31 am
Mumbai: Tata Motors Limited (TML) is divesting a 9.9 percent stake in its IPO-bound subsidiary, Tata Technologies (TTL), for Rs 1613.7 crore as part of its strategy to reduce debt.
Microsoft successfully completes mega $69 billion Activision purchase deal
Oct 14, 2023, at 04:45 am
London: Microsoft has successfully finalized its $69 billion acquisition of Activision Blizzard, marking a significant move in the video game industry, Bloomberg reported.
JPMorgan's Q3 profit rises on the back surge in NII, First Republic Bank acquisition
Oct 14, 2023, at 04:21 am
New York: JPMorgan Chase reported an increase in its third-quarter profit, boosted by higher interest payments and the acquisition of First Republic Bank, Reuters reported.
RBI imposes Rs 8.50 lakh penalty on Bajaj Finance
Oct 14, 2023, at 02:47 am
Mumbai: The Reserve Bank of India (RBI) on Friday slapped a fine of Rs 8.50 lakh penalty on Bajaj Finance for violation of the rule pertaining to reporting of frauds.
Fintech startups: Hitachi Payment Services launches HPX
Oct 14, 2023, at 12:21 am
Hitachi Payment Services, a payments and commerce solutions provider, on Friday announced the launch of its HPX initiative.
Indian Market: Sensex down 125.65 pts
Oct 13, 2023, at 10:49 pm
The BSE Sensex on Friday lost another 125.67 pts to close at 66,282.74 as renewed selling was witnessed in Bankex, IT and Commodities stocks.
Packaged snacks maker Annapurna Swadisht appoints GP Sah as Joint MD
Oct 13, 2023, at 06:11 am
Kolkata: Packaged snacks and beverage maker Annapurna Swadisht Ltd has appointed Gajanan Prasad Sah Kalwar as an Additional Director and Joint Managing Director of the company effective September 22, 2023.
Volvo India says its first Born Electric C40 Recharge registered strong debut in India
Oct 13, 2023, at 05:52 am
Kolkata: Volvo Car India’s second fully electric car C40 Recharge has got a very strong response from the Indian market, a press release said on Thursday.
NTPC features in Forbes 'World’s Best Employers 2023' List
Oct 13, 2023, at 04:59 am
New Delhi: India’s largest integrated energy conglomerate NTPC Ltd has been featured as one of the “World’s Best Employers 2023” in the Forbes World’s Best Employers list 2023 released on Oct 10, 2023.
Oct 13, 2023, at 04:56 am
New Delhi: A total of seven projects for construction of bridges in Arunachal Pradesh at a cumulative cost of Rs118.50 crores have been approved in the fiscal year 2023-24 under the Setu Bandhan Scheme, Union Road Transport and Highways Minister Nitin Gadkari Thursday said in a social media post.
India's retail inflation drops to 5 pc in Sept, below RBI's upper band
Oct 13, 2023, at 04:07 am
New Delhi: India's retail inflation measured by consumer price index (CPI) eased to 5.02% year-on-year in September 2023 from 6.83% in the previous month on the back of softening food prices, showed the data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Thursday.
India's industrial production zooms 10.3 pc in August
Oct 13, 2023, at 03:46 am
New Delhi: India's index of industrial production (IIP) rose 10.3% year-on-year in August FY24 on the back of a surge in mining and electricity sector output, data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Thursday showed.
Essar plans green hydrogen projects in Gujarat
Oct 12, 2023, at 08:14 am
New Delhi/UNI: Ruias-controlled Essar Group is set to announce plans to invest in green hydrogen, power generation and port sector during Vibrant Gujarat summit slated to take place in January next year.
RPG Group announces appointment of Anant Goenka as Group Vice-Chairman
Oct 12, 2023, at 08:03 am
Mumbai: RPG Group Wednesday announced the appointment of Anant Goenka as the vice-chairman of the $ 4.4 billion diversified group, the company said in a statement.
Bharti Group acquires French insurer AXA's stake in Bharti AXA Life Insurance: Report
Oct 12, 2023, at 07:57 am
Bharti Group has announced that it is acquiring French insurer AXA's 49% stake in Bharti AXA Life Insurance Co., a move that grants Bharti full control over a venture that the two companies jointly operated for nearly two decades, Reuters reported.
Cabinet approves royalty rates for mining of Lithium, Niobium and Rare Earth Elements
Oct 12, 2023, at 05:35 am
New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi approved the amendment to the Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957, also known as the MMDR Act, for specifying the rate of royalty in respect of three critical and strategic minerals, namely, Lithium, Niobium and Rare Earth Elements (REEs), the Ministry of Mines said.
RBI permits SBI Mutual Fund to acquire 9.99% paid-up share capital in IndusInd Bank
Oct 12, 2023, at 05:04 am
Mumbai: The Reserve Bank of India (RBI), on Wednesday, granted permission to SBI Mutual Fund (SBIMF) to acquire up to 9.99% of paid-up share capital or voting rights in Induslnd Bank.
Govt amends white goods PLI scheme rules for chosen candidates
Oct 12, 2023, at 04:59 am
New Delhi: The government, on Wednesday, tweaked the Production Linked Incentive (PLI) scheme rules for white goods for the selected candidates by modifying the method for assessing production value for internal consumption, sales to affiliated firms, and associated entities.