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Rate hike: HDFC Bank raises MCLR by 25 basis points across all tenures

According to the private lender's website, the overnight MCLR stands at 7.15 per cent compared to 6.9 per cent earlier.

Rupee reaches all-time low of 77.42 per dollar amid rising crude oil prices

The hawkish stance of the US Federal Reserve has resulted in the hardening of the US bond yields with the dollar index strengthened to 20 year high

LIC IPO subscribed 1.8x a day ahead of close, big push from policyholders

The policyholder quota was subscribed over 5 times, employee portion 3.8 times and retail individual investor quota 1.6 times.

42% users say e-commerce sites display country of origin: LocalCircle study

It has been almost two years since govt asked online platforms to ensure compliance to display this information

LIC IPO: Non-institutional investors' portion fully subscribed on Day 4

The portion of LIC's initial public offering earmarked for non-institutional investors, including high net-worth individuals, has been subscribed fully on the fourth day on Saturday

Fire breaks out at Tata Steel's Jamshedpur plant; two workers injured

The incident has been reported to the relevant authorities and an investigation to assess the cause is underway

HDFC raises home loan interests by 30 bps after RBI's repo rate hike

For new customers, on loans upto Rs 30 lakh, interest rate charged will be 7.10 per cent.

Lakshmi Venu takes over as MD of auto parts maker Sundaram-Clayton

She managed to turn the firm around, make it a competitive foundry globally, building deep customer ties with Cummins, Hyundai, Volvo, Paccar and Daimler

RBI gives go-ahead to Equitas reverse merger plan with certain riders

Asks Equitas Holdings to divest shareholding in its subsidiary, Equitas Technologies, prior to the scheme taking effect

CSB Bank Q4 net up over two-fold YoY to Rs 131 cr, asset quality improves

FY22 net also doubles from Rs 218.40 cr in FY21 to Rs 458.49 cr in FY22

Lower provisions drive Federal Bank Q4 net up 13% to Rs 541 cr

NIM of the lender rose 7.38% to Rs 1,525.21 crore in Q4FY22, from Rs 1,420.37 crore in the year-ago period

Delhivery may make it to FTSE index in Dec, MSCI India by next May: Analyst

The stock, however, is unlikely to get added to the benchmark Nifty and Sensex indices anytime soon, he says .

LIC IPO subscribed 1.4 times on day 3 on interest by policyholders, staff

The policyholder quota was subscribed 4 times, employee portion 3.1 times and retail individual investor quota 1.23 times

Delhivery's Rs 5,235-cr IPO to open on May 11; price band set at Rs 462-487

Logistics company's anchor allotment on May 10 will demonstrate interest among investors for tech startups, say experts.

RBI asks ASBA designated bank branches to remain open on Sunday for LIC IPO

LIC's IPO will remain open for subscription even on the weekend, given the large amount the government is looking to raise from the market

Rule changes on client fund access have boosted transparency: NSE

Sebi has barred brokers from using one client's collateral to fund another's margins: one of several steps taken to protect investors.

Future Enterprises sells 25% stake in joint venture insurance firm

Future Enterprises has defaulted on repayment of Rs 2,911.51 crore of loans to lenders

Prudent Corporate Advisory Services prices IPO at Rs 595-630 per share

The Ahmedabad-based firm's IPO will open from May 10 to May 12

CIFCL Q4: Net profit up 184% to Rs 690 cr, total income rises 6%

Performance was aided by strong signs of recovery in the auto and mortgage industries.

NTT India launches hyperscale data centre campus NAV1A in Navi Mumbai

The investment that one hyperscale data centre requires is anywhere between $100-$150 million, said Sharad Sanghi, MD, NTT India