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2 mins read
Falling steel prices amid Chinese export surge, to reduce profits of companies in Q3 FY25: Report
Steel companies in the country are likely to face margin pressure in the third quarter of FY25 as m…
ANI
2 mins read
India's hospitality industry to grow at 10.5% over next three years, generate annual incremental demand of Rs 8,200 cr
India's hospitality industry is projected to grow at a Compound annual growth rate (CAGR) of 10.5 p…
ANI
3 mins read
FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account
The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…
PTI
6 mins read
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
5 mins read
Brokerages not rattled by big 3 IT players' tepid Q2 performance
The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…
2 mins read
Axis Bank only Nifty50 stock in the green as D-Street continues to slip for sixth day running
Equity benchmark indices, the Nifty and the Sensex, declined sharply in morning trade on Thursday, …
4 mins read
Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender
During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…
2 mins read
BSE-listed firms' market valuation hits all-time high of Rs 315 lakh crore
The market capitalisation of BSE-listed firms reached an all-time high of Rs 315 lakh crore on Mond…
PTI
3 mins read
Axis Bank’s net profit grows 70% to ₹5,330 crore in Q2
Axis Bank, one of the leading private banks in the country, beat analyst expectations to report a 3…
1 min read
Hackers pulled off a $620 million crypto heist by tricking an engineer into applying for a fake job and opening an offer letter containing spyware, report says
After multiple interview rounds, hackers posing as recruiters sent an Axie Infinity engineer an off…
Hannah Towey
5 mins read
Sensex, Nifty50 end higher led by gains in IT, pharma and FMCG stocks
India's benchmark indices Sensex and Nifty50 are likely to open in the green on Monday following po…
3 mins read
Relentless FII selling weighs on stock markets; indices end flat after a choppy session
Indian benchmark indices end flat after a choppy session on Wednesday on heavy outflows by foreign …
4 mins read
Stock picks for 2023: L&T, SBI, Axis Bank among top brokerage picks for the new year
The year 2022 has been an eventful one, with multiple headwinds in the form of rising geopolitical …
3 mins read
Shares of Axis Bank slipped over 4% today, but analysts expect stock to surge up to 40% from here
The bank posted a 54% year-on-year rise in net profit at ₹4,118 crore compared to ₹2,677 crore i…
4 mins read
Axis Bank scoops up Citi India’s retail assets, including the lucrative credit card business, for $1.6 billion
Axis Bank has acquired Citi India’s retail assets, including the company’s lucrative credit card bu…
2 mins read
Yes Bank is looking to raise ₹10,000 crore through FPO – with Kotak Securities, Axis Capital, and SBI Capital reportedly to be key players
Yes Bank’s Managing Director and Chief Executive Officer Prashant Kumar told Livemint in May t…
4 mins read
Time to buy banks? Morgan Stanley says yes as banks are entering 2nd leg of earnings upgrades
The theory of a post-Covid capex boom is gaining favour with analysts and financial institutions. T…
4 mins read
Axis Bank may soon become the third largest credit card player after HDFC Bank and SBI post the Citibank deal
Axis Bank may soon join the top league, at least in the credit card space, after one of the biggest…
1 min read
61% increase in women job applicants ahead of festive season in India: Report
According to leading jobs and professional networking platform apna.co, the increase in women ap…
2 mins read
Metaverse tokens like Decentraland, Sandbox and Axie Infinity have risen nearly 400% in a year despite the sell-off in crypto market
Metaverse tokens are cryptocurrencies attached to metaverse games. Games like Decentraland, Sandbox…