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Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections

The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.

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1 min read

Axis Bank posts net profit of ₹7,129 cr in March quarter

Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…

PTI   


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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   


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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   


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Axis Bank stock tumbles over 5% post Q1 earnings; market valuation erodes by Rs 19,816.9 cr

On the NSE, it slumped 5.08 per cent to settle at Rs 1,176.25. The stock emerged as the biggest lag…

PTI   


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Axis Bank Q2 net profit rises 10 pc to Rs 5,863 crore

Private sector lender Axis Bank on Wednesday reported a 10 per cent rise in net profit at Rs 5,863 …

PTI   


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Don’t need to raise more capital immediately, says Axis Bank’s CEO Amitabh Chaudhry

Axis Bank will not need to raise more capital after the Reserve Bank of India mandated banks to inc…

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Axis Bank Q3 net profit rises to ₹6,071 crore

rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …

PTI   


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Block deal bonanza for investors as bull run continues

Indian stock market indices are scaling new highs every day with the Nifty having scaled Mt 21,000 …

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Sensex, Nifty rebound over 1% after six sessions of losses

Equity benchmark indices, the Sensex and the Nifty, on Friday reversed their six-session losing st…

PTI   


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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, …

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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…

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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…

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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   


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Flipkart to distribute Axis Bank personal loans of up to ₹5 lakh

The platform, which has 450 million customers, will be distributing loans of up to ₹ 5 lakh which c…

PTI   


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5 mins read

Axis Bank Q3 net profit grows 62% YoY to ₹5,853 crore, beats expectations even as provisions and slippages rise

Axis Bank on Monday reported a standalone net profit of ₹5,853 crore in Q3, registering a growth of…

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2 mins read

People notice social media ads almost as much as they notice print ads: Report

A recent report by consumer data intelligence consultancy Axis My India reveals that most consumers…

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3 mins read

Online festival sales likely to be 28% higher than pre-Covid levels at $11.8 billion: report

Online festival sales likely to be 28% higher than pre-Covid levels at $11.8 bn: report

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The most-traded NFT collection in Q3 was Pokemon-inspired Axie Infinity as crypto gaming expands

Axie Infinity, which features colorful, fighting creatures, has generated $2.5 billion in trading v…

Carla Mozée   


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Mobile recharge packs to get more expensive as telcos gear up for another round of tariff hikes: Report

Mobile phone users might have to spend notably more for their recharge packs after the general elec…