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The rupee reaches a two-week peak buoyed by enhanced risk appetite, while forward premiums see a slight increase
The rupee reaches a two-week peak
On Wednesday, the Indian rupee surged, supported by an uptick in risk appetite that boosted other Asian currencies. Additionally,...
“PayU Secures RBI’s Preliminary Approval as Payment Aggregator: A Significant Step Forward”
PayU secure preliminary approval of RBI
On Tuesday, PayU, a fintech company backed by Prosus, announced that it has received an initial approval from the...
Mahindra Finance experiences a 5% decline as the company postpones its earnings meeting due to the discovery of a Rs 150 crore fraud
Mahindra Finance
Mahindra Financial Services saw its stock price tumble by over 7% in early trading on Tuesday and bounce back to 5% negative following...
Vodafone Idea Follow-On Public Offering achieves full subscription
Vodafone Idea Follow-On:
The bidding for the follow-on public offer (FPO) of Vodafone Idea Ltd concludes today. Investors in the QIB and NII segments have...
Stock market live update: Nifty open in green amid gobal market potivity
Stock market live
As days pass and Middle East conflict dilutes the global market moving toward stability.US market Dow Jones Futures traded 0.02% up, Nasdaq...
Reliance Q4 Results:Report indicates a 1.8% decrease in profit to Rs 18,951 crore, alongside the announcement of a Rs 10 dividend.
Reliance Q4 Results:
Reliance Industries Limited (RIL) disclosed a 1.8% year-on-year (Y-o-Y) dip in its consolidated net profit (attributed to the company's owners) for the...
HDFC Q4 FY24 result update: net profit of ₹16,512 crore, with retail loans showing impressive growth of 108.9%.
HDFC Q4 FY24 result update:
On April 20, HDFC Bank announced a net profit of Rs 16,512 crore for the January-March quarter of the fiscal...
RBI imposes monetary penalty on NABFINS Limited, Bengalur
RBI in action:
The Reserve Bank of India (RBI) has, by an order dated April 15, 2024, imposed a monetary penalty of ₹10 lakh (Rupees...
GIC’s 10% stake would be sold by the government during the fiscal year 2025
GIC(General insurance corporation of India):
A senior official informed FE that the government is considering selling a stake of up to 10% in the state-run...
India’s net direct tax collection stands at Rs 19.58 lakh crore, surpassing revised estimates by Rs 13,000 crore
Net Direct Tax
India's net direct tax collections for the fiscal year ending March 2024 experienced a robust increase of 17.7 percent year-on-year, reaching Rs...
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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...