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S&P revises outlook on B'desh to negative; affirms 'BB-' long term ratings

Bangladesh's external vulnerabilities are rising, marked by sustained pressure on its foreign exchange reserves despite a material decline in the country's current account deficit

IIT Madras research improves understanding of inter-organ communication

Researchers develop computational approach to study interactions between genes responsible for inter-organ communication

TVS Supply Chain Solutions gets Sebi's approval for launching IPO

It will be the first IPO by TVS family company in three decades, after TVS Electronic in 1994

HDFC AMC's Q1 profit surges 52% to Rs 478 crore; revenue rises 10%

The operating profit for the quarter was Rs 413 crore, 11 per cent higher than the last year's figure of Rs 374 crore, the AMC said in a press release

Hikal shares drop over 5% after Gujarat pollution control board rap

Shares of Hikal were last trading at Rs 286, down 5.5 per cent over its previous close

Monsoon session: NARCL acquired Rs 21K crore of bad loans in Q4FY23

A Parliamentary panel on Monday asked the government to look at the feasibility of setting up a specialised security agency for airports amid rising air passenger traffic

TVS Motor Q1 results: Net profit rises 42% to Rs 434 cr, revenue up 24%

The overall two-wheeler and three-wheeler sales including exports grew by 5% registering sales of 9.53 lakh units in the quarter ended June 2023

Tamilnad Mercantile Bank Q1 results: Net profit up 12% to Rs 261 crore

The bank's total income during the period was up by 16 per cent, from Rs 1,142 crore in June 2022-23 to Rs 1,323 crore in the fourth quarter of FY24

AST SpaceMobile opens research centre in Hyderabad's Sattva Knowledge City

The facility will focus on next-generation hardware, software, space-related technologies and operations

Construction of jetty at Fort Kochi to attract concessional 12% GST: AAR

AAR did not rule on whether contractors engaged for the project are eligible for 12% GST

Wealth on the move: Why are rich Indians heading for greener pastures?

According to government data, more than 1.6 million Indians have renounced their Indian citizenship since 2011, including a whopping 225,620 in 2022 alone, averaging around 618 per day

Tamil Nadu gives nod to 10 investment proposals worth Rs 6,000 crore

Early this year, the Finland-headquartered firm had announced a Rs 1,800 crore investment plan in India in the next three years

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