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Rupee continues to remain stable in July, ends flat at 82.25 a dollar

For the week ended July 21, foreign exchange reserves were at $607 billion as compared to $562 billion on December 30, 2022

LIC Mutual Fund completes the takeover of IDBI Mutual Fund schemes

At the end of June, the AUM of LIC MF and IDBI MF stood at Rs. 18,400 crore and Rs. 3,650 crore, respectively

SAT declines to grant any immediate relief to Yes Bank's Rana Kapoor

Refusing to grant a stay on the notice, the tribunal pointed out that there was no urgency and asked the original matter to be heard as scheduled previously

'It's a good thing': Why BAT sees value in holding on to ITC stake

Working with Indian cigarette maker for new nicotine product would be 'massive opportunity', says BAT CEO

Institutional investors vote against Siemens's sale of motors business

Nearly 78.5 per cent of the public institutional investors voted against the deal

Benchmark indices Sensex, Nifty decline after four weeks of gains

Nifty logs weekly decline of 0.5%, Sensex 0.8%

Indiabulls Housing board okays 62.5% dividend payout, rebranding plans

To Rs 35,000 cr via NCDs; to rebrand itself

DFS secretary expects general insurers to post record profit like PSBs

Bima Vahak, Bima Vistar, Bima Sugam will be game changer, says Irdai chairman

Vedanta to build its first make-in-India chip within 2.5 yrs: Anil Agarwal

The Vedanta-Foxconn JV was reportedly in talks with ST Microelectronics for a technology tie-up, but that did not materialise

Over 50 million income tax returns filed till July 27; 88% e-verified

The department reached the milestone of 50 million ITRs on July 27, three days earlier this year, compared to the preceding year

Slowdown in gems & jewellery to hit SMEs hard: CRISIL SME Tracker

Recessionary pressures in the US, which is the largest market for cut and polished diamonds, are likely to impact demand and, in turn, revenue and profitability

Rail Vikas Nigam offer for sale subscribed 1.6 times, shows BSE data

Shares of Rail Vikas fell 6.1 per cent to end at Rs 126 in secondary market trading

Bajaj Finserv Q1 results: Consolidated net profit up 48% to Rs 1,943 crore

The interest income rose to Rs 12,130 crore in Q1FY24 from Rs 8,971 crore in Q1FY23

Opposition leaders to visit Manipur; CBI to probe sexual assault case

The Congress questioned how the Lok Sabha could transact other Bills when the Opposition bloc's no-confidence motion was pending

Coromandel International posts consolidated net profit of Rs 494 cr in Q1

Coromandel's total income for the quarter ended June 2023 was also down marginally to Rs 5,738 crore versus Rs 5,783 crore for the quarter ended June 2022

Indian Bank Q1 results: Net profit rises 41% to to Rs 1,850 crore

In Q1 FY24, the bank's total business grew by 9 per cent to Rs 11.01 trillion, up from Rs 10.09 trillion at the end of June 2022

Reserve Bank of India's digital payment index rises to 359.57 in March

The RBI-DPI has been constructed with March 2018 as the base period, i.e. DPI score for March 2018 is set at 100

Foxconn unit in talks for $200 million components plant in Tamil Nadu

In the last few months, Foxconn had announced significant investment plans in states like Karnataka, Telangana and Tamil Nadu, bolstering its presence in South India

Together Fund announces new fund worth $150 mn; to focus on AI startups

Together Fund was founded by Girish Mathrubootham, (co-founder, Freshworks), Manav Garg, (founder, Eka Software) and Shubham Gupta, who used to lead SaaS deals at Matrix Partners India

State Bank of India takes PC Jewellers to NCLT over loan account default

The bank, who filed an insolvency plea against the jewellery company in NCLT, had classified PC Jeweller's loan account as a non-performing asset in June, 2021