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Regulators shutter Philadelphia’s Republic First Bank, marking the initial bank collapse in the United States this year
Republic First Bank
Regulators have taken action to close Republic First Bank, a regional financial institution operating in Pennsylvania, New Jersey, and New York.On Friday,...
Maruti Suzuki’s Q4 outcomes reveal a significant 47.8% surge in net profit, alongside the declaration of a dividend amounting to Rs 125 per share....
Maruti Suzuki's Q4 outcomes revealed
In the fourth quarter of FY24, Maruti Suzuki disclosed a net profit of Rs 3,877.8 crore, marking a 47.8% increase...
IndusInd Bank’s net profit for Q4 surged by 15% to reach Rs 2,349 crore
IndusInd Bank's result update:On Thursday, private sector lender IndusInd Bank reported a 15% year-on-year (y-o-y) increase, reaching Rs 2,349 crore in its consolidated net...
Bajaj Finance reports a 21% increase in net profit to 3,824 crore for Q4, with revenue climbing by 31%.
Bajaj Finance Q4 FY23 result update:
Bajaj Finance Limited, a Non-banking Financial Company (NBFC), revealed a consolidated net profit of Rs 3,824.53 crore for the...
The resurgence of small-cap stocks is apparent as Foreign Institutional Investors (FIIs) and mutual funds join hands to invest in approximately 200 companies within...
Foreign Institutional Investors (FII)
The sell-off in small-cap stocks observed in March, triggered by negative remarks from Sebi, has proven to be a minor setback,...
Tech Mahindra surges by more than 12% following the announcement of a 15% EBITA growth projection by FY27
Tech Mahindra surges by more than 12%
Tech Mahindra, the fifth-largest IT company in India based on market capitalization, witnessed a significant surge of more...
Kotak Mahindra Bank share slung 10.03% due to RBI curbs on its new customer acquisition
Kotak Mahindra Bank news update
Kotak Mahindra Bank saw its share price plummet by 10% during early trading on Thursday following punitive measures by the...
Vodafone Idea’s FPO shares debut with a 7.78% premium, opening at Rs 11.80
Vodafone Idea's FPO:
Vodafone Idea's FPO shares opened at Rs 11.80 each, showing a 7.27% rise on the NSE from the issue price of Rs...
Credit card expenditures surged by 27% to reach Rs 18.26 trillion in FY24, as per RBI statistics
Credit card
Credit card expenditures increased by 27% year-on-year (Y-o-Y) to Rs 18.26 trillion in the financial year 2023-24 (FY24) from around Rs 14 trillion...
RBI takes significant measures against Kotak Mahindra Bank! The bank is prohibited from issuing new credit cards and digitally onboarding new customers
RBI takes significant measures against Kotak Mahindra Bank!
Serious deficiencies and non-compliances were observed in the areas of IT inventory management, patch and change management,...
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Bitmine Immersion Technologies (BMNR) announces ETH holdings reach 4.203 million tokens, and total crypto and total cash holdings of $14.5 billion
Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network Company with a focus on the accumulation of crypto for long...
Samco Mutual Fund launches India’s first actively managed momentum-based Mid-Cap Fund aiming to capture the next phase of India’s growth
Samco Asset Management Private Limited today announced the launch of the Samco Mid Cap Fund, India’s first actively managed momentum-based mid-cap fund, seeking to identify and...
Digital lending drive: PSBs sanction ₹52,300 Crore to 4 lakh MSMEs in nine months
In a significant boost to micro, small, and medium enterprises (MSMEs), Public Sector Banks (PSBs) have sanctioned over 3.96 lakh loan applications amounting to...
Shadowfax Technologies IPO opens January 20; Details here
In a significant move in the primary market, Shadowfax Technologies Ltd., a high-growth technology firm, has filed its Draft Red Herring Prospectus (DRHP) with...