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Tepid response to RBI's two-day VRRR auction; banks park Rs 1,850 crore

The central bank infuses liquidity into the banking system using repos and sucks it out using reverse repos

Benchmark indices end at six-month high ahead of RBI rate decision

Buying by FPI sustains sentiment; strong market breadth, with 2,259 stocks gaining, 1,302 declining on BSE. Four-fifths of Sensex stocks gain

Maruti prices Jimny competitively at Rs 12.74 lakh to match Mahindra Thar

Car to play key role in MSIL's goal of becoming country's top SUV maker; M&M to challenge competition by bringing out a 5-door version of the Thar

Adani stocks gain up to 5% after stock exchanges widen circuit filters

Of the four scrips which underwent price band change, only Adani Green closed 0.75% down at Rs 985.45

Google Pay allows users to validate UPI using Aadhaar authentication

Company says it will not store Aadhaar numbers and will act as a facilitator for validation

Bond issuances by banks to fall below Rs 90,000 cr in FY24: Report

Issuances hit all-time high of Rs 1.1 trn previous financial year but liquidity conditions easing now

HCLTech opens new facility in Chennai for 5G infrastructure testing

IT services company says the laboratory will help advance telephony and ensure quality

Non-life insurance premium grew 18.1% to Rs 18,031.48 crore in May

New India Assurance Co Ltd, the largest government-owned general insurance player reported a growth of 9.67% to Rs 2421 crore while private sector insurer ICICI Lombard grew by 21% to Rs 1730 cr

Rupee drops 37 paise against US dollar ahead of June monetary policy meet

The dollar index gained strength on Monday and most Asian currencies weakened against the dollar

TCS bags 10-yr contract for managing Teacher's Pension Scheme in Eng, Wales

The Teachers' Pension Scheme is the UK's second largest public sector pension scheme, with over 2 million members

Bank boards must hold mgmts accountable for their actions: RBI Dy Guv Rao

If the management fails to meet expectations, the board should even consider replacing it, he said

Lazy-faire? 28 state Assemblies met only for 21 days on average in 2022

How much work do state legislatures actually do?

Tata Group signs Rs 13,000-crore EV battery plant deal with Gujarat

Initial capacity of Sanand factory could be 20 GWh

Revision of ONDC discounts lifts Zomato stock 5% at Rs 71.15 apiece

Last month, the food delivery platform reported a narrowing of losses on both year-on-year (YoY) and sequential bases for the March quarter

Coal India OFS retail book subscribed 1.4x a day after QIP garnered 1.6x

Bulk of bids came at around Rs 226 against base price of Rs 225, in first major disinvestment in FY24

Adani Enterprises scraps deal to buy Rs 3K-crore Macquarie road projects

Adani group was also planning to buy stake of IL&FS in the GRICL

Info Edge initiates forensic audit in Rahul Yadav's start-up 4B Networks

Info Edge saw its net profit for the fourth quarter of FY23 reported a loss of Rs 349.5 crore, compared to a profit of Rs 285.7 crore in the same quarter last fiscal

TeamLease co-founder & executive director Rituparna Chakraborty steps down

However, she said that post her break she will continue to be focused on creating more formal jobs

E-commerce firm Shopsy delivers to 16 mn transacting customers in Q1 2023

The platform has witnessed an uptick of 3X growth in units, customers, and sellers in the last year, with over 175 million app downloads, said the company in a statement

'Against' votes by institutional investors surged to 6.31% in 2022

Others'-non-promoters and non-institutional investors-- polled just 29.01 per cent of their shares, an improvement over 26.31 per cent in the previous year