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2 mins read
FII stake in Indian equities dips to a 12-year low
Foreign institutional investors (FIIs) continued pulling out of Indian markets in November, driven …
2 mins read
Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal
Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…
2 mins read
Individuals earning over Rs 10 cr rise by 63% in India; financial assets of high net worth individuals to nearly double by 2028
A recent report shows a significant increase in wealthy Indians, with those earning over Rs 10 cror…
2 mins read
Adani replaces Ambani to become wealthiest Indian with a net worth of Rs 11.6 lakh crores
Reliance Industries Chairman and Managing Director Ambani's overall networth increased by 25 per ce…
PTI
2 mins read
Adani vs Ambani: Mukesh Ambani has overtaken Gautam Adani in race to become richest person in India
Their rivalry isn't merely a headline-grabbing feud, but a significant force shaping the Indian eco…
2 mins read
October marks highest-ever monthly stock sales by foreign portfolio investors
Foreign portfolio investors (FPIs) have again turned net sellers in Indian stock markets in October…
6 mins read
Top 10 richest people in India in 2024
As the Indian economy continues to thrive and expand, Indian billionaires have not only amassed sig…
2 mins read
Foreign investors return to Indian stocks with net investment of Rs 4,897 crore this week
The foreign investors made a net purchase of equities amounting to Rs 4,897.16 crore, according to …
ANI
1 min read
IREDA Q1 results: Profit after tax jumps to Rs 38,369.34 lakh
On a year-to-year basis, the company also succeeded in bringing down its net non-performing asset r…
1 min read
IREDA shares surge over 10 percent on Rs 4,500 crore fundraising plan
Shares of Indian Renewable Energy Development Agency Ltd surged over 10 per cent after the company …
PTI
1 min read
Hindustan Copper Q1 net profit rises two-fold to ₹113.40 crore
The consolidated income of the company during the April-June period rose to Rs 500.44 crore ove…
PTI
3 mins read
Over 4,000 millionaires could still leave India in 2024 — but the drain is getting slower year-on-year
Bucking the global trend, millionaire migration out of India is showing signs of slowing down. Whil…
1 min read
Hema Malini's asset worth is Rs 142 crore, as per her poll affidavit
BJP candidate from Mathura Parliamentary constituency, Hema Malini, has total assets of Rs 142 cror…
3 mins read
Banks write off loans worth ₹9.90 lakh crore in last 5 financial years
"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…
PTI
1 min read
Reliance Power gets shareholders' nod to raise ₹1,525 crore via preferential shares
On September 23, the board of Reliance Power Ltd had approved raising Rs 1,524.60 crore throu…
PTI
3 mins read
Ingka Centres to invest Rs 5,500 crore in India on second meeting place at Noida
Ingka Centres, part of Ingka Group, will invest 607 million euros to establish its second meeting p…
PTI
2 mins read
Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns
While over Rs 50,000 crores have been raised by these share sales so far since 2023, only 22% of th…
2 mins read
Meet Savitri Jindal: The richest woman in India, with a net worth of $36 billion!
Savitri Jindal, India's richest woman with a net worth of $36 billion, took over the Jindal Group a…
2 mins read
LIC to invest around Rs 1.30 lakh crore in stock market in FY25
LIC has exposure in 282 companies through investment in their shares as of June 30, 2024.
PTI
2 mins read
Tata Power net profit up 31% to ₹1,189 crore in June quarter
According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in…