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Entire claims settled by deposit insurer was for co-op banks in FY24

Over 90% of the insured are co-op banks

RIL to appeal against Delhi HC order on gas dispute in Supreme Court

In a BSE filing, RIL added that the Division Bench of the Delhi High Court reversed the judgment of the single judge

PwC rejigs key leadership roles to strengthen India presence from April

PwC said that it has achieved its ambitious milestone of $1 billion in topline revenue well ahead of schedule

Hexaware Technologies IPO subscribed 2.7 times, driven by strong QIB demand

The company had allotted shares worth almost Rs 2,600 crore to anchor investors

Wipro names Amit Kumar global head of consulting biz to boost capabilities

Kumar, who will report to chief executive Srini Palia, will lead the company's efforts to drive consulting-led, AI-powered growth and guide clients through business and technology changes

Mahindra electric origin SUVs get bookings of over 30,000 units on day 1

The split between the XEV 9e and BE 6 is 56 per cent and 44 per cent, respectively. Deliveries will begin in the latter part of March 2025

Indian wearable device shipments fall 11.3% to 119 mn units for CY24: IDC

The market also shrank for the third consecutive quarter, down 8.7 per cent to 25.9 million units in 4Q24

Hexaware Technologies' Rs 8,750 crore IPO subscribed 15% on day two

The IPO price band is set at Rs 674-708 per share, valuing Hexaware at Rs 43,025 crore

Retail investors hold key to market direction: Kotak Institutional Equities

The report by KIE reveals a concerning trend: retail investors have consistently underperformed compared to broader market indices, often buying in at higher market levels

AI dangerous tool whether Chinese or American, says Delhi High Court

The bench also asked the counsel appearing for the central government to seek instructions in response to the PIL

Siemens net profit rises 22% to Rs 614 cr in December 2024 ended quarter

In its press statement, the company said its planned demerger of the energy business is on track

Lam Research to invest Rs 10,000 crore in India, says Ashwini Vaishnaw

Lam Research has signed a memorandum of understanding with the Karnataka government to lease and eventually purchase a land parcel at Whitefield in Bengaluru

Voting advisory firms back commodity major Vedanta's demerger plan

Shareholder vote on the proposal from February 13 to 17

Senior partners Shailesh Lakhani, Abheek Anand exit venture firm Peak XV

Lakhani and Anand have been with the firm for 17 years and 12 years, respectively. Both partners have made significant investments for the firm over the years

BSE subsidiary unveils five new indices; Ajax Engineering IPO booked 20%

Construction equipment maker Ajax Engineering's initial public offering (IPO) garnered nearly 20 per cent subsc­ri­ption on Monday, the opening day

Hudco raises Rs 2,910 crore; Sidbi garners Rs 6,000 crore through bonds

Cut-offs rise by 7-10 bps since rate cut

NPPA sets prices for 42 drugs, revises ceiling for 2 formulations

Prices have been fixed for drugs and formulations meant for diabetes, hypertension, heart issues, bacterial infections, allergies, and multivitamins

HDFC Bank raises MCLR on overnight tenure by 5 basis points to 9.20%

With this revision, the bank's MCLR now ranges from 9.20 to 9.45 per cent

PNC Infratech shares surge 10% after regulatory relief from MoRTH

Disqualification period imposed on company, two SPVs reduced from one year to four months

Monetary policy: Time to support growth as inflation coming down, says RBI

It has been the endeavour of Reserve Bank to provide as much liquidity as is required