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HDFC Bank disburses Rs 48k crore home loans in Q2, Casa ratio falls

The bank's retail loan book surged 85 per cent over the previous quarter and 111.5 per cent over the same period year ago

KKR holdings opens new office in Gurugram for global operating model

This recent venture marks KKR's second establishment in India, reflecting the pivotal role the Asia Pacific assumes in its overarching strategy

RBI forms external working group on expected credit loss framework

The group's mandate includes outlining the principles banks must follow when creating credit risk models for evaluating and quantifying expected credit losses

TCS announces multi-year tech support deal with British retail firm Asda

Indian firm will build a new digital core to streamline Asda's supply chain forecasting, merchandising processes

Q2 advances: Federal Bank to BoM, banks clock healthy double-digit growth

The pace of loan growth for these lenders was higher than the 15.1 per cent Y-o-Y growth in advances of the banking system until 8 September 2023, according to Reserve Bank of India's data

Polycab India, Lodha, Shriram Finance, and PFC may migrate to largecaps

Further, Mazagon Dock, Suzlon Energy, Lloyds Metals and SJVN could migrate from smallcap universe to midcap universe, as per an analysis done by Nuvama Alternative & Quantitative Research

JSW Infra gains 32% on market debut; Finolex Cables withholds results

Through the IPO, JSW Infrastructure raised Rs 2,800 crore in fresh capital, which it plans to use for paring its debt

IL&FS Group announces discharging debt worth Rs 35,650 cr by Sept 23

Company discharged the debt by way of monetisation of assets, auto debits by banks

Marksans Pharma gets USFDA approval for Esomeprazole Magnesium Capsules

The product will be manufactured at Marksans Pharma's formulation manufacturing facility in Goa, India

Ajay Maken appointed as new Congress treasurer, replaces Pawan Kumar Bansal

Maken served as a minister under Delhi Chief Minister Sheila Dikshit, as the Speaker of the Delhi Legislative Assembly

Zee Entertainment merger expected in 'months ahead': Sony Group

The transaction was initially expected to be closed by the end of September

Shreyas Shipping stock falls after counter offer; Juniper Hotels files DRHP

Juniper Hotels, which runs hotels under the Hyatt brand, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi)

Higher pension: EPFO extends deadline to upload wage details till 31 Dec

Till 12 July this year, close to 1.8 million pensioners have applied for the higher pension option, of which 5.52 lakh applications for validation of option/joint options are still pending

JioMart witnesses seven-fold increase in monthly orders through WhatsApp

With an end-to-end shopping experience within WhatsApp, JioMart has been able to engage consumers hesitant to shop online, according to a company statement

Ashok Leyland wins order for 1,282 buses from Gujarat state transporter

This order, one of the largest by a state transport undertaking for a single original equipment maker (OEM), will help Ashok Leyland strengthen its dominant position in the Indian bus market

Infosys receives Rs 26.5 lakh IGST demand; IHC to sell stake in Adani units

Shares of Yatra Online finished below their IPO price during their trading debut on Thursday

Tamilnad Mercantile Bank MD & CEO Krishnan resigns, cites personal reasons

Krishnan also served as the MD and CEO of Punjab and Sind Bank from September 4, 2020 to May 31, 2022

Brookfield to invest $850 mn in development of renewable energy projects

Axis Energy Ventures will contribute its extensive portfolio of wind and solar projects at varying stages of development across the country to the venture, said a statement

Third Wave Coffee raises $35 mn in series C funding round led by Creaegis

Third Wave Coffee is present in several major Indian cities, including Bangalore, Mumbai, Delhi, Gurgaon, Pune, Hyderabad, Noida, Coonoor, and Chandigarh

Shares of Finolex Cables jump over 6% after Supreme Court judgement

Shares of the company last traded at Rs 1,194, up 6.6 per cent over its previous day's close. Experts said traders are lapping up the stock in anticipation of a change in guard at the company