Axis Bank shares climb over 5 pc post earnings announcement
Shares of Axis Bank on Thursday climbed more than 5 per cent after the company reported a consolidated net profit of Rs 7,599 crore during the March 2024 quarter. The stock advanced 5.19 per cent to Rs 1,119 on the BSE. At the NSE, it climbed 5.29 per cent to Rs 1,119.50...
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IGX launches ssLNG contracts, to take gas availability beyond national grid
25 April 2024 | PTI -
VIT AP University honoured
25 April 2024 | PNS -
AIMA sees 20 per cent growth in registrations for MAT entrance exam
25 April 2024 | PTI -
Students take part in engineering entrance exam
25 April 2024 | PNS -
Sensex, Nifty climb on firm trend in global markets
25 April 2024 | PTI -
Nippon Life Q4 profit jumps to Rs 343 crore
25 April 2024 | PTI -
Rupee settles on flat note, up 1 paisa at 83.30 against $
25 April 2024 | PTI
REITs, InvITs mobilise Rs 1.3 lakh crore in four years: RBI data
Investment vehicles for realty and infrastructure sectors — REITs and InvITs — have garnered Rs 1.3 lakh crore in the past four years till March-end, and are expected to facilitate more pooled funds, Reserve Bank said in a report. Experts and stakeholders are of the view that with India growing at...
M&A deal value surged 60 per cent: PwC India
Merger and acquisition (M&A) deal value soared by 60 per cent to USD 19.6 billion in January-March 2024, while that of private equity (PE) experienced a slight dip, according to a PwC India report. With 455 deals amounting to USD 25.6 billion disclosed value, the first quarter of 2024 showcases a...
Indian IT sector staring at second straight year of muted revenue growth: Crisil
The Indian IT services sector is staring at a second consecutive year of muted revenue growth due to modest increase in tech spends in Europe and the US, a domestic rating agency said on Wednesday. Crisil Ratings said it expects the sector to grow at 5-7 per cent in FY25, after...
India pharma exports rise 10 per cent in FY24
The country’s drugs and pharmaceuticals exports increased 9.67 per cent year-on-year to USD 27.9 billion in 2023-24, even as the total exports dipped by 3 per cent in the last fiscal. According to the commerce ministry data, pharma exports in March grew by 12.73 per cent to USD 2.8 billion. In 2022-23,...
RBI bars Kotak Mahindra Bank from onboarding new customers via online, issuing fresh credit cards
The RBI on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards with immediate effect as the lender found deficient in its IT risk management. These actions, the RBI said, are necessitated based on significant concerns arising out of...
ICICI Prudential Life Q4 net dips 26 pc to Rs 174 cr
ICICI Prudential has reported a 26 per cent drop in net profit to Rs 174 crore for the quarter ended March 31 on higher expenses. The private sector insurer had a profit of Rs 235 crore in the fourth quarter of 2022-23. The insurer's net premium income rose 17 per cent to...
Sensex, Nifty climb in early trade on firm global market trends
Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday, taking their winning momentum to the fourth day running, amid a rally in global markets. The 30-share BSE Sensex climbed 242.49 points to 73,980.94 in early trade. The NSE Nifty advanced 63 points to 22,431. From the Sensex basket, Tata...
