Six Adani firms get SEBI show cause notice
At least six Adani group firms have received show cause notices from Securities and Exchange Board of India (SEBI) for alleged violation of related party transactions and non-compliance with listing regulations, the companies said in stock exchange filings. Group's flagship Adani Enterprises, Adani Ports & Special Economic Zone, Adani Power, Adani...
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Nifty hits record peak in early trade; Bajaj Finance jumps 6 pc
03 May 2024 | PTI -
Jindal Stainless to operate stainless steel melt shop in Indonesia
03 May 2024 | Pioneer News Service -
American Express will open its campus in India
03 May 2024 | PNS -
Rupee falls 3 paise to settle at 43.46 against US dollar
03 May 2024 | PTI -
Paul John Nirvana bags Gold medal in London competition
03 May 2024 | Pioneer News Service -
China, Hong Kong account for 56 per cent of India’s total imports of electronics, telecom, electrical products: GTRI
03 May 2024 | PTI -
Federal Bank Q4 profit rises marginally to Rs 906 crore
03 May 2024 | PTI
Digital payment has transformed financial landscape: Airtel Payments Bank CEO
Airtel Payments Bank CEO Anubrata Biswas is optimistic that the payments bank momentum in India will yield strong growth horizons and opportunities in the coming years, supported by financial inclusion imperatives and rapid pace of economic and digital growth. In an interview to PTI, Biswas said FY24 has been a “remarkable...
SK Finance files draft papers with Sebi to garner `2,200 crore via IPO
Vehicle finance and business loans-focused non-bank lender SK Finance has filed preliminary papers with capital markets regulator Sebi to garner Rs 2,200 crore through an initial share sale. The proposed initial public offer (IPO) is a combination of a fresh issue of equity shares worth Rs 500 crore and an offer...
India among fastest growing markets with potential to be among top 10: Airbnb CBO
India is one of the “fastest-growing markets” for online accommodation hosting platform Airbnb and the country has the potential to be among its top 10 global markets in the coming years, according to its Chief Business Officer Dave Stephenson. The company is investing in India to tap the opportunity of...
Stock markets rebound as GST revenues hit record in April
Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record GST collections in April, positive manufacturing data, and foreign fund inflows boosted investor sentiment. The 30-share BSE Sensex climbed 128.33 points or 0.17 per cent to settle at 74,611.11. During the day, it jumped 329.65 points...
Adani Ports Q4 net profit jumps 77 pc to Rs 2,014.77 crore
Adani Ports and Special Economic Zone Limited (APSEZ) on Thursday reported a 76.87 per cent jump in consolidated net profit to Rs 2,014.77 crore for the fourth quarter ended March 2024. The country's largest integrated logistics player had clocked a profit of Rs 1,139.07 crore in the corresponding period of the...
Kotak Mahindra Bank shares decline over 4 pc; hit 52-week low
Shares of Kotak Mahindra Bank on Thursday declined over 4 per cent after the company announced that its joint managing director K V S Manian, a veteran at the lender, has stepped down with immediate effect. The private sector lender's stock tanked 4.38 per cent to hit its 52-week low of...
GST collection breaches Rs 2 lakh cr-milestone; at Rs 2.10 lakh crore in April
The country's gross GST collections hit a record high of Rs 2.10 lakh crore in April, growing 12.4 per cent year on year driven by a strong increase in domestic transactions and imports. GST collections breach landmark milestone of Rs 2 lakh crore, the finance ministry said in a statement. "The Gross...
