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7 mins read
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
3 mins read
Stock market closing: Sensex inches 800 points up to close at 79,705.91, auto, IT, PSU bank indices rally
Out of the 2,780 stocks traded during the day, 1,658 stocks saw declines, 1,028 declined while 94 r…
1 min read
FPIs invest Rs 7,962 cr in equity market during first week of July
The Foreign Portfolio Investors (FPI) have infused Rs 7,962 crore in the Indian equity market in th…
ANI
2 mins read
Market Morning: Sensex, Nifty off to a slow start, LTIM, Kotak bank take lead in early trade
Nifty auto, FMCG, pharma, metal, PSU bank, realty and healthcare were in red, while financial servi…
1 min read
Ventive Hospitality files papers with Sebi to raise Rs 2,000-cr via IPO
Also, the company may consider a pre-IPO placement aggregating up to Rs 400 crore. If such plac…
PTI
4 mins read
Indian markets ease as profit booking follows record-breaking streak
Market participants were primarily focused on locking in gains after the indices reached record hig…
3 mins read
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
4 mins read
Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi
Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…
PTI
3 mins read
Stock market closing: Sensex crosses 80k, Kotak, HDFC and ICICI bank lead the rally
On the other hand, TCS lost 1.23%, Titan lost 1.11%, Reliance shed 0.68%, Tata Motors lost 0.41% an…
3 mins read
Stock market closing: Nifty, Sensex close the day in red, IT, Media gain major ground
As for sectoral indices, IT (up by 1.17%) and Media (up by 1.05%) gained during the day, while FMCG…
1 min read
Bajaj Auto topples M&M as third most valuable auto company in India
Bajaj Auto has toppled Mahindra & Mahindra (M&M) as the third most valued auto company in the count…
2 mins read
Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day
Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…
4 mins read
Enter Samvat 2080 with these Diwali pataka stocks
The Diwali festive fervour is here and the Indian stock markets will soon end Samvat 2079 after hit…
2 mins read
Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action
At the NSE, it tumbled 13 per cent to the 52-week low of Rs 1,602. The company's market ca…
PTI
1 min read
RBI bars Kotak Mahindra Bank from onboarding new customers via online, issuing fresh credit cards
"Serious deficiencies and non-compliances were observed in the areas of IT inventory management…
PTI
1 min read
Foreign investors infuse Rs 15,420 crore in Indian markets this week
The foreign portfolio investors have infused Rs 15,420 crore so far this week in the Indian equity …
ANI
1 min read
IPO-bound Swiggy likely to raise platform fee from ₹5 to ₹10 says media report
Online food delivery platform Swiggy is expected to double the platform fee on food orders from Rs …
5 mins read
The CEO who believes that there’s a lot more to digitise at banks
the new CEO of Kotak Mahindra Bank Ashok Vaswani thinks that a lot more technology can be deployed …
4 mins read
Indian economy to outpace world average growth in 2023 – Can it duck global headwinds?
Capex revival and increased infrastructure spending by the government are likely to be among the ke…
2 mins read
Slow recovery of low income households slowed down India's economic recovery: Kotak report
The post-COVID economic recovery of low-income households has been slow, according to a new report.…