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HDFC Bank top executives highest paid bankers in FY24, ICICI brass next

Sashidhar Jagdishan, MD & CEO of HDFC Bank, was highest paid banker in India in FY23

India Cements posts consolidated net profit of Rs 58.5 crore in Q1

Capacity utilisation for the company was adversely affected due to the free fall in cement prices, resulting in a suboptimal operating performance for the quarter

Today, India is far more resilient than what it was earlier, says RBI

India has improved its resilience vis-a-vis external shocks quite a bit, Das said

Eicher Motors Q1 FY25 results: Net profit rises 20% to Rs 1,101 crore

Royal Enfield has witnessed a good start to FY25. Our diverse product range strengthened our position in the mid-size segment across the globe

FirstCry IPO subscribed 12 times; Ceigall India slips on stock market debut

FirstCry will use the IPO proceeds to set up new stores, lease payments for its existing stores, invest in its subsidiary for its overseas expansion, and pay technology costs, among others

Amfi reiterates demand to extend grandfathering of indexation benefits

In the Budget, the government had taken away the indexation benefits from all asset classes, applicable retrospectively

Market regulator Sebi proposals seen boosting ultra low advisor count

Less than 900 advisors for 100 mn investors

Adani Enterprises plans to raise $1 bn via QIP for green hydrogen expansion

Shah had noted the company plans an Rs 80,000 crore capex in FY25, out of which a major part will be towards the new energy ecosystem and the airports business, which will take up about Rs 50,000 cr

ITC eyes opportunity to create category with new biscuit launch

The launch under the mother brand, Sunfeast, will be available across South and East

TVS SCS wins 3-year contract from manufacturing firm JCB for Vadodara unit

JCB has been one of TVS SCS's first few clients for more than two decades, with TVS SCS offering aftermarket warehouse services in Bhaproda, Haryana, for parts distribution

Ola Electric's IPO subscribed 4.3 times; Akums Drugs shares gain 17%

Shares of Akums Drugs and Pharmaceuticals rose over 17 per cent during their trading debut on Tuesday

Bajaj Housing Finance, four others get Sebi's approval to go public

Sebi has also issued the observation letter or approval to IPOs of four other companies, including Rekha Rakesh Jhunjhunwala-backed Baazar Style Retail

Valuation of AT-1 bonds held by MFs will be based on yield to call: Sebi

AT-1 bonds are perpetual bonds issued by banks to raise money to meet regulatory capital requirements

Ola Electric IPO fully subscribed on Day 2, retail portion booked 3 times

The electric two-wheeler maker has already allotted 364 million shares - worth Rs 2,763 crore - to anchor investors at Rs 76 apiece, the top end of the price band

Bank of India's Q1 net profit rises 10% to Rs 1,703 cr, NII up 6%

NII was up 6% YoY to Rs 6,275 crore in Q1FY25, compared to Rs 5,915 crore in Q1FY24, aided by robust growth in advances

87% cases filed with grievance committees under IT Rules resolved: MoS

The final decision of the GAC is binding on platforms and refusing to comply with the GAC can cost a platform its safe harbour protections

Apple achieves record revenue in India, Mac sales rise: CEO Tim Cook

Apple CFO Luca Maestri further highlighted the strong performance for Mac products in emerging markets, including India, during the call

Tamilnad Mercantile Bank Q1 results: Net profit up 10% at Rs 287.3 crore

Total income has grown 15 per cent to Rs 1,515 crore during the quarter under review, from Rs 1,323 crore during the same period last fiscal