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BS Reporter

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Siemens net profit rises 22% to Rs 614 cr in December 2024 ended quarter

In its press statement, the company said its planned demerger of the energy business is on track

Siemens net profit rises 22% to Rs 614 cr in December 2024 ended quarter
Updated On : 12 Feb 2025 | 5:03 PM IST

Lam Research to invest Rs 10,000 crore in India, says Ashwini Vaishnaw

Lam Research has signed a memorandum of understanding with the Karnataka government to lease and eventually purchase a land parcel at Whitefield in Bengaluru

Lam Research to invest Rs 10,000 crore in India, says Ashwini Vaishnaw
Updated On : 11 Feb 2025 | 11:07 PM IST

Voting advisory firms back commodity major Vedanta's demerger plan

Shareholder vote on the proposal from February 13 to 17

Voting advisory firms back commodity major Vedanta's demerger plan
Updated On : 11 Feb 2025 | 9:45 PM IST

Senior partners Shailesh Lakhani, Abheek Anand exit venture firm Peak XV

Lakhani and Anand have been with the firm for 17 years and 12 years, respectively. Both partners have made significant investments for the firm over the years

Senior partners Shailesh Lakhani, Abheek Anand exit venture firm Peak XV
Updated On : 11 Feb 2025 | 9:38 PM IST

BSE subsidiary unveils five new indices; Ajax Engineering IPO booked 20%

Construction equipment maker Ajax Engineering's initial public offering (IPO) garnered nearly 20 per cent subsc­ri­ption on Monday, the opening day

BSE subsidiary unveils five new indices; Ajax Engineering IPO booked 20%
Updated On : 10 Feb 2025 | 11:56 PM IST
Hudco raises Rs 2,910 crore; Sidbi garners Rs 6,000 crore through bonds
Updated On : 10 Feb 2025 | 11:14 PM IST

NPPA sets prices for 42 drugs, revises ceiling for 2 formulations

Prices have been fixed for drugs and formulations meant for diabetes, hypertension, heart issues, bacterial infections, allergies, and multivitamins

NPPA sets prices for 42 drugs, revises ceiling for 2 formulations
Updated On : 10 Feb 2025 | 8:39 PM IST

HDFC Bank raises MCLR on overnight tenure by 5 basis points to 9.20%

With this revision, the bank's MCLR now ranges from 9.20 to 9.45 per cent

HDFC Bank raises MCLR on overnight tenure by 5 basis points to 9.20%
Updated On : 10 Feb 2025 | 7:22 PM IST

PNC Infratech shares surge 10% after regulatory relief from MoRTH

Disqualification period imposed on company, two SPVs reduced from one year to four months

PNC Infratech shares surge 10% after regulatory relief from MoRTH
Updated On : 10 Feb 2025 | 4:54 PM IST

Monetary policy: Time to support growth as inflation coming down, says RBI

It has been the endeavour of Reserve Bank to provide as much liquidity as is required

Monetary policy: Time to support growth as inflation coming down, says RBI
Updated On : 07 Feb 2025 | 11:42 PM IST

Adani donates Rs 10,000 crore from personal wealth for social projects

Announcement made on the occasion of son's wedding

Adani donates Rs 10,000 crore from personal wealth for social projects
Updated On : 07 Feb 2025 | 9:06 PM IST

Market regulator Sebi plans to ease AIF debt investment regulations

Due to shrinking universe of unlisted debt, Sebi has proposed to allow Category II AIFs to invest in lower-rated paper

Market regulator Sebi plans to ease AIF debt investment regulations
Updated On : 07 Feb 2025 | 7:44 PM IST

Half of Rs 3 trn investment MoU with Maharashtra to happen in Vidarbha: JSW

Jindal highlighted that of the Rs 3 trillion investment the group committed to Maharashtra through the recent memorandum of understanding

Half of Rs 3 trn investment MoU with Maharashtra to happen in Vidarbha: JSW
Updated On : 07 Feb 2025 | 6:58 PM IST

MSMEs upbeat about business growth, plan to increase workforce: Survey

Optimism more pronounced in manufacturing and comparatively sedate in trading: SIDBI report

MSMEs upbeat about business growth, plan to increase workforce: Survey
Updated On : 07 Feb 2025 | 11:48 AM IST
Multiples Alternate Asset Management to invest $2 bn in enterprise tech
Updated On : 06 Feb 2025 | 7:01 PM IST

US military plane carrying 104 illegal Indian immigrants lands in Amritsar

Opposition parties allege that the deportees were handcuffed and humiliated

US military plane carrying 104 illegal Indian immigrants lands in Amritsar
Updated On : 06 Feb 2025 | 12:17 AM IST

IDBI Bank could increase rates on non-callable deposits post LCR norms

According to the proposed norms, stable retail deposits enabled with internet and mobile banking will have a 10 per cent run-off factor

IDBI Bank could increase rates on non-callable deposits post LCR norms
Updated On : 05 Feb 2025 | 11:17 PM IST

NYSE-listed Genpact announces the launch Service-as-Agentic-Solutions

Genpact's launch of Agentic Solutions follows the introduction of the Genpact AI Gigafactory, an AI accelerator that enables clients to develop, deploy, and scale AI

NYSE-listed Genpact announces the launch Service-as-Agentic-Solutions
Updated On : 05 Feb 2025 | 7:44 PM IST

Jammu and Kashmir Bank receives GST notice of over Rs 16,000 crore

Bank has imitated legal action against the GST demand

Jammu and Kashmir Bank receives GST notice of over Rs 16,000 crore
Updated On : 05 Feb 2025 | 7:41 PM IST

Zomato, Jio Financial Services Nifty entry likely in March, says report

It added that two-wheeler major Hero MotoCorp might succeed in holding its position narrowly in the 50-share index

Zomato, Jio Financial Services Nifty entry likely in March, says report
Updated On : 05 Feb 2025 | 7:30 PM IST