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State Bank of India to raise Rs 5,000 cr through AT-I bonds this week

The issue size is Rs 2,000 crore, with a green shoe option of Rs 3,000 crore

Kotak Mahindra Bank Q2 results: Consolidated PAT up 13% to Rs 5,044 crore

Other income or non-interest income went up to Rs 2,684.19 crore from Rs 2,314.53 crore. Fees and services for Q2FY25 increased to Rs 2,312 crore, up 14 per cent

Tech Mahindra Q2FY25 results: PAT up 153% to Rs 1,250 cr, revenue up 3.5%

Other income includes gain on sale of property of Rs 450.2 cr which comprises of freehold land and its related buildings along with the furniture & fixtures sold for a consideration of Rs 535 cr

L&T Finance Q2FY25 results: Consolidated net up 17% at Rs 696 crore

Warns on persisting headwinds; may calibrate growth; credit costs rise

Tata Power firm launches programme to promote solar power in Tamil Nadu

Initiative provides subsidies to households to adopt green energy, says company

Bonfiglioli starts work for Rs 320 cr Tamil Nadu unit; to start ops by 2025

The 25-acre Cheyyar plant reinforces Bonfiglioli 's commitment to the 'Make in India' initiative and solidifies its position as one of India's largest gearbox manufacturers

Life insurers' new biz premium up 14% Y-o-Y in Sept; rises 19% in H1 FY25

LIC's new business premium grew by 12.4 per cent Y-o-Y to Rs 203,69.26 cr

LTIMindtree Q2FY25 results: Profit up 7.7% on rising deal momentum

The growth driver for the company in terms of geography was the US, which grew 7 per cent Y-o-Y and 2.6 per cent sequentially. Europe was down 1.9 per cent Y-o-Y but grew 2.2 per cent sequentially

Madhya Pradesh hopes to get technology boost at mining conclave 2024

During the strategic and technical sessions of the conclave, there will be discussions on topics like coal and energy, limestone and cement industry and mineral beneficiation, among others

CRISIL Q3 results: Consolidated net profit up by 12.9% to Rs 171.55 cr

Declares interim dividend of Rs 15 per share

RBI board reviews challenges due to geopolitical conflicts in meeting

The RBI board also passed a condolence resolution in memory of Ratan Tata, a former director of the central board

Largest Gen AI hackathon in Mumbai; over 2,000 developers to participate

Mumbai will host a landmark AI Week this month, starting with NVIDIA's flagship AI Summit-one of just three global conferences

Bikaji to acquire majority stake in Hazelnut Factory for Rs 131 crore

This investment will be made in tranches and is expected to be completed over the next two years

EQT-backed Indium acquires majority stake in engineering firm Experion

This acquisition will expand Indium's geographic footprint and increase its headcount to approximately 5,000 employees

Hyundai IPO subscribed 18% on Day 1; LIC MF reduces minimum SIP limits

Shares of Garuda Construction and Engineering ended with a 12.5 per cent gain on Tuesday

Mastercard opens new Tech Hub in Pune to drive growth and innovation

The new Pune Tech Hub augments Mastercard's growing presence in India, which spans offices in Gurugram, Mumbai, Hyderabad, Bengaluru, and Vadodara

Tata Digital launches life insurance products on Tata Neu with Tata AIA

Like in other offerings, customers buying insurance products will also earn NeuCoins, which can then be redeemed across the Tata ecosystem

PLI scheme for power transmission soon: Power Secretary Pankaj Agarwal

He was speaking on the sidelines of a brainstorming session organised by the Central Electricity Authority (CEA), the technical arm of the Ministry of Power

Sudarshan Chemical to acquire Germany's Heubach for Rs 1,180 crore

The Heubach acquisition will help address these challenges with a clear turnaround plan, SCIL said in a release

Funds raised by NBFCs through domestic bonds top Rs 3.2 trn in H1 FY25

More than Rs 74,507 crore was raised in September alone, making it the highest amount in FY25