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Bajaj Finserv AMC launches first equity scheme in flexi-cap category

NFO opens on July 24, closes on August 7

HDFC Life to get biz opportunities from HDFC merger, says Deepak Parekh

Further, granting of composite licenses, enabling distribution of other financial products by insurers

ICICI Securities Q1 profit remains flat, revenue up 17.5% to Rs 934 crore

The company said that it added 210,000 clients during the June quarter taking the overall customer base to around 9.3 million

South Indian Bank Q1 net up 75% to Rs 202 cr; NIM improves by 60 bps

Net interest margin too improved by 60 basis points from 2.74 per cent to 3.34 per cent on Y-o-Y basis

L&T says board will consider share buyback at meeting next week

This is the second time in its history that the company will consider such a move

CSB Bank Q1 net rises 15% to Rs 132 cr on growth in loan book, deposits

During the quarter under review, the bank's total income increased 36 per cent to Rs 805.04 crore from Rs 590.78 crore in the first quarter of 2021-22

Cyber security start-up PingSafe announces raising $3.3 mn in seed funding

Company aims to serve cloud security-related organisational needs for customers

HCLTech joins Meta, IT ministry programme to help India XR start-ups

Programme helps companies working in augmented reality, virtual reality, mixed reality

US may ban lawmakers from trading on Street, new poll shows public support

The bill from Sens. Kirsten Gillibrand (D, NY) and Josh Hawley (R, Mo) is the latest in a series of measures to be introduced in Congress in response to WSJ's Capital Asset series last year

HDFC Bank CEO Jagdishan took 62% pay hike at Rs 10.55 crore in FY23

Deputy MD Kaizad Bharucha's remuneration surged 41% to Rs 10.03 cr

Federal Bank board to consider fundraising via issue of preference shares

Lenders plans issuing 72.6 mn such shares to International Finance Corporation

IPO of Netweb Technologies garners more than 90 times subscription

The IPO consists of a fresh fund raise of Rs 206 crore and an offer-for-sale of Rs 425 crore

Surat bourse pips Pentagon as the world's largest office building

According to architects, it comprises over 7.1 million square feet of floor space. It took four years of construction work, which was twice hampered by Covid-related delays

Beyond Hindenburg: Gautam Adani talks up 'matrabhumi', major projects

Group confident of its governance and disclosure standards, says billionaire in address to shareholders

GQG Partners acquires 5.96% stake in Patanjali Foods via offer of sale

The floor price for the deal was kept at Rs. 1,000 per share but the allotment to non-retail investors was done at a share price of Rs. 1,103.80.

Will go back to GST Council to reconsider tax on online gaming: MoS IT

The GST Council on July 11 decided to impose 28 per cent tax on full face value of bets in online gaming, casinos and horse trading

Need to grow at 7.6% to be a developed nation by 2047-48, says RBI

Sustainable path to development requires investment in physical capital & comprehensive reforms across sectors covering education, infrastructure, healthcare & technology to raise productivity: Study

Netweb Technologies IPO subscribed more than 2 times on first day of issue

Netweb has set Rs 475-500 as the price band for its maiden share sale. At the upper end of the price band, the company is valued at Rs 2,803 crore, nearly 60 times on FY23 earnings

Shares of Angel One tank following action by National Stock Exchanges

NSE said the action against Angel One was for failing to monitor the operations of its APs, which resulted in alleged violation of capital market regulations