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...
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Sensex, Nifty climb in early trade on firm global market trends
24 April 2024 | PTI -
Growth in housing prices may moderate this fiscal to five per cent annually: India Ratings
24 April 2024 | PTI -
Tata Power Delhi Distribution appoints Gajanan Kale as CEO
24 April 2024 | Staff Reporter -
None of G7 economies on track to meet 2030 mitigation targets
24 April 2024 | PTI -
Razorpay announces UPI Switch in partnership with Airtel Payments Bank
24 April 2024 | PTI -
Karnataka, Gujarat lead India's clean energy transition race: Report
24 April 2024 | PTI -
Rupee rises 3 paise to close at 83.33 against $
24 April 2024 | PTI
Reliance Industries shares climb nearly one per cent post earnings
Shares of Reliance Industries Ltd on Tuesday climbed nearly 1 per cent after the company's annual earnings hit a record high. The stock advanced 0.85 per cent to Rs 2,986.05 on the BSE. At the NSE, it climbed 0.92 per cent to Rs 2,987 apiece. The company's market valuation stood at Rs 20,07,346.55...
India leads in GenAI adoption, says report
India leads globally in adopting GenAI technologies as a vast percentage of organisations incorporate GenAI in operations, and a majority of the populace expects increased investments and budget allocations towards Gen AI in the next 2-3 years, according to a recent report. Search analytics firm Elastic on Monday released the Generative...
Markets climb for 3rd day on firm global cues
Equity benchmark indices Sensex and Nifty closed higher for the third session in a row on Tuesday, following gains in telecom, tech and consumer durable shares amid a firm trend in the global markets. After rallying over 400 points, the 30-share BSE Sensex ended 89.83 points or 0.12 per cent higher...
Public sector banks don't have power to issue Look Out Circulars against defaulters: HC
The Bombay High Court on Tuesday ruled that public sector banks do not have the power in law to issue Look Out Circulars (LOCs) against default borrowers. The HC's verdict would render all LOCs issued by such banks against defaulters as quashed. A division bench of Justices Gautam Patel and Madhav Jamdar...
Vodafone Idea approves offer price of Rs 11 per equity share for Rs 18,000 cr-FPO
Telecom operator Vodafone Idea's (VIL) board has fixed the FPO offer price at Rs 11 per equity share, according to a regulatory filing. The anchor investor offer price of Rs 11 per equity share has also been greenlit by the board. "... Following resolutions were also passed... Determined and approved the offer...
Jio Financial shares climb 4 pc; hit 52-week high level post Q4 earnings
Shares of Jio Financial Services Ltd on Monday climbed 4 per cent to hit the 52-week high level after the company reported a 6 per cent increase in consolidated net profit for the fourth quarter ended March 2024. The stock jumped 4 per cent to Rs 385 -- its 52-week high...
Sensex climbs 640 points; Nifty tops 22,300-level in early trade
Equity benchmark indices Sensex and Nifty climbed in early trade on Monday amid a rally in Asian markets, decline in Brent crude oil prices and buying by foreign investors. Extending its previous day's rebound, the 30-share BSE Sensex climbed 639.85 points to 73,728.18 in early trade. The NSE Nifty went up...