HDFC Bank Reports Q3 FY25 Results: Net Profit Rises 2.2% YoY, over 8% steady growth In NII
India’s largest private sector lender, HDFC Bank, has announced its financial results for the third quarter of FY25, reporting a 2.2% year-on-year (YoY) increase...
RBI cancels Certificate of Registration of X10 Financial Services Limited due to irregular lending practices
The CoR has been cancelled by RBI as the company has violated RBI guidelines on code of conduct in outsourcing of financial services in...
Zomato and Swiggy saw their stock prices plunge over 9% in a single trading session following Zomato’s quarterly results
Zomato's share price plunged over 9% during Tuesday's trading session following disappointing Q3 results. On Monday, the company reported a 57.2% drop in consolidated...
RBI updates FEMA regulation to boost cross-border rupee transactions
To promote the increased use of the Indian Rupee (INR) in trade transactions, the Reserve Bank of India (RBI) introduced the Special Rupee Vostro...
Global conflict, Environment and Disinformation are the top threats in 2025: Report
Geneva, Switzerland – The World Economic Forum’s 20th edition of the Global Risks Report, published today, highlights an increasingly fragmented global landscape where mounting geopolitical,...
ABB India celebrates its 75th anniversary
ABB India marks 75 years of operations, a journey underscored by technological innovation, sustainable solutions, and significant contributions to India’s industrial and social development....
Swiggy and Zomato under fire: FHRAI to Aapproach commerce ministry over alleged anti-competitive practices by quick food delivery apps
The Federation of Hotel and Restaurant Associations of India (FHRAI) plans to raise concerns with the Ministry of Commerce and Industry regarding standalone quick...
RBI imposes monetary penalty on Indian School Finance Company Pvt. Ltd., Telangana
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹50,000/- on Indian School Finance Company Pvt. Ltd. (ISFC), a non-banking financial...
RBI levies monetary penalties on 4 Co-operative Banks for breaching regulatory norms
Mumbai, December 30, 2024: The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks for non-compliance with regulatory norms. The...
Rupee weakens further amid strong Dollar and importer demand
The rupee continued its downward trend for the third straight day on Thursday, weighed down by a strong dollar and increased month-end dollar demand...
EY report projects 6.5% economic growth for India amid calls for fiscal reforms and investment acceleration
India's economic growth is projected to grow by 6.5 percent in the current and next financial year, according to an EY report. The report...
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...
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Exito Media Concepts presents the 31st edition of the future industry summit – Saudi Arabia 2026
Saudi Arabia’s manufacturing sector is entering a pivotal phase of transformation, driven by rapid advancements in smart factory technologies, AI-led automation, industrial IoT, robotics,...
Intellect’s last twelve months revenue crosses INR 3000 crs in Q3 FY26
Intellect Design Arena Ltd., a global leader in AI-first financial technology, today announced robust financial results for the last twelve months (LTM) ending December...
Shriram Finance’s Unnati Fixed Deposit programme receives AAA ratings
Shriram Finance Limited (SFL), the flagship company of the Shriram Group, announced that its Fixed Deposit Programme has been assigned a 'CARE AAA; Stable'...
Hyperscale Data Bitcoin Treasury at 560.0363 bitcoin
Hyperscale Data, Inc., an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its Bitcoin treasury, consisting of BTC generated from...