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Hansgrohe bets big on India, sees it among top five global market

The company did not share India's revenue numbers, however, the executive expects India to contribute up to 10 percent in the global sales in the years to come

HDFC Bank raises FD rates by 20 basis points with effect from June 10

The move comes even as the Reserve Bank of India decided to keep the policy repo rate unchanged in the June review of monetary policy

Kotak Mutual Fund launches Kotak Special Opportunities Fund

The fund would look for such opportunities across market capitalisation

Last mile journey to 4% inflation target is sticky: RBI Governor Das

Even the high rates of growth are enabling us to catch up with that level. So, no, signs of over- heating. On rate hikes being off the table, nothing is off the table.

CBIC unveils new draft, set to replace 8-decade old central excise regime

At present, Central Excise is levied mainly on petroleum products. As a part of the pre-legislative consultative process, CBIC has sought stakeholders' comments by June 26

Sebi launches app for investor awareness; Kronox Lab IPO subscribed 11x

Along with videos to help investors to do personal finance planning, the app also has financial calculators, modules to explain Know-Your-Customer (KYC) procedures, information on mutual funds

Health ministry asks states to conduct regular fire-safety mock-drills

After the recent fire incident that claimed lives of infants in an East Delhi hospital, the Health Ministry has reiterated the need for strict adherence to fire safety norms in hospitals across India

Market regulator Sebi fines 11 individuals for pump and dump scheme

The pump and dump scheme was operated through recommendations shared through Telegram channels, resulting in public shareholders purchasing the stock at an inflated price

Tech firm AiDash announces launch of first ESOP buyback programme

Enterprise SaaS firm has more than 300 employees in India

NSE Indices launch India's first EV index; Awfis Space gains 9% on debut

Hero FinCorp mainly offers two-wheeler financing, leveraging 2,000 retail touchpoints of Hero MotoCorp

Personal care products firm Emami stock spurts on growth expectations

Major brands such as BoroPlus, the pain management range, the healthcare range, 7 Oils in One, The Man Company, and Brillare registered strong performance during the quarter

India's peak power demand touches new record high of 246 Gigawatts

During the current year, May has witnessed several power demand records

PMI Electro Mobility faces subsidy fraud allegations under FAME scheme

The Ministry of Heavy Industries has now formed a team for a second probe into the allegations against PMI Electro

Dhaksha adopts Dassault Systemes platform to accelerate next-gen drones

Dhaksha is leveraging the 3D Experience platform, including its Simulia software applications, to design and develop a comprehensive range of UAS solutions

Sebi penalises Samco for lapses, bond platforms formalise association

The market regulator said that while onboarding, clients were not given preference to select segments, due to which the client was required to open a trading account in all segments