Sunday, December 22, 2024

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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,...

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...

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About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

Economic risks remain top-of-mind with extreme weather, natural disasters and talent shortage concerns in the region

Economic downturns, such as recessions and stagnation, alongside concerns around the increasing frequency of weather events,  natural disasters and  labour and talent shortages, remain...

Eco-friendly paper disposal producer Aaradhya disposal industries files DRHP with NSE emerge

Aaradhya Disposal Industries Limited, a manufacturer and exporter of high-quality eco-friendly paper products, announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge....

Swiss Re targets a net income of more than USD 4.4 billion for 2025

Swiss Re's Group Chief Executive Officer Andreas Berger said: "We have taken decisive actions in 2024 to increase the resilience of our business. We achieved...