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Yes Bank

Yes Bank shares drop over 2 per cent after June quarter earnings

Business | Jul 24, 2023, 01:58 PM IST

Shares of Yes Bank opened on a positive note and touched an early high of Rs 18.44 apiece on the BSE, registering a gain of 2.10 per cent over its previous close.

HDFC Bank expects 17-18% credit growth this year

HDFC Bank expects 17-18% credit growth this year

Business | Jul 23, 2023, 02:58 PM IST

Effective July 1, the parent mortgage firm HDFC Ltd merged with its subsidiary HDFC Bank making it the second biggest lender after State Bank of India.

Adani's USD 1.1 bn copper project to start operations from

Adani's USD 1.1 bn copper project to start operations from March 2024

Business | Jul 23, 2023, 12:37 PM IST

The Rs 8,783 crore-greenfield project completed a full debt tie-up with a consortium of banks led by SBI earlier this year, they said, adding the entire debt requirement of Rs 6,071 crore for Phase-1 has been provided by the consortium of banks.

FPIs stay invested in Indian equities

FPIs stay invested in Indian equities; put in Rs 43,800 cr this month

Business | Jul 23, 2023, 10:21 AM IST

Persistent flows from FPIs have led Indian equity markets to surge to their all-time high levels.

NIA conducts searches in Tamil Nadu over former PMK

NIA conducts searches in Tamil Nadu over former PMK functionary's killing

Jul 23, 2023, 10:03 AM IST

The victim was hacked to death by a group of individuals, hours after he reportedly questioned some alleged conversion attempts in the town.

Paytm

Paytm to generate free cash flow by year end: CEO Vijay Shekhar

Business | Jul 22, 2023, 01:19 PM IST

The company said its merchant payments volume (GMV) grew 37 per cent year-on-year to Rs 4.05 lakh crore in the April-June quarter of FY 2023-24.

Retail inflation for farm, rural workers rises marginally

Retail inflation for farm, rural workers rises marginally in June

Business | Jul 21, 2023, 02:41 PM IST

Similarly, food inflation stood at 7.03 per cent and 6.70 per cent in June, compared to 6.31 per cent and 6.07 per cent in May and 5.09 per cent and 5.16 per cent in the year-ago period.

MP: Three killed in lightning strikes in Raisen district

MP: Three killed in lightning strikes in Raisen district

Jul 21, 2023, 01:35 PM IST

The deaths were reported from different parts of the district on Thursday evening, additional superintendent of police (ASP) Amrit Meena said.

The stock tumbled 9.47 per cent to Rs 1,311.60 on the BSE.

Infosys shares tumble 10 pc after cut in full-year revenue guidance; mcap falls by Rs 43,776 cr

Business | Jul 21, 2023, 12:26 PM IST

The company reported a lower-than-expected 11 per cent rise in net profit for the June quarter and slashed its FY24 growth outlook. The stock tumbled 9.47 per cent to Rs 1,311.60 on the BSE.

69th Filmfare Awards

Gujarat to host 69th Filmfare Awards in 2024, state government signs MoU

Jul 20, 2023, 10:08 AM IST

Gujarat will host the Filmfare Awards - annual awards that honour artistic and technical excellence in the Hindi-language film industry of India - for the first time and through that the state will be promoted as a film destination, they said.

Representational image

RBI cancels licence of United India Co-operative Bank

India | Jul 19, 2023, 11:28 PM IST

After its licence is being cancelled, the bank ceases to carry on business, with effect from the closing hours on Wednesday, the RBI said.

Piramal Pharma's Rs 1,050-cr rights issue gets Sebi's nod

Piramal Pharma's Rs 1,050-cr rights issue gets Sebi's nod

Business | Jul 18, 2023, 02:53 PM IST

In Sebi's parlance, its observations mean its nod to float public issues, including IPO and rights issue.

DICGC asks banks to display its logo, QR code on their

DICGC asks banks to display its logo, QR code on their websites

Business | Jul 16, 2023, 02:53 PM IST

In a circular, the Reserve Bank's subsidiary said deposit insurance plays an important role in protecting especially the small depositors, instill confidence in the banking system and maintain financial stability.

Uttar Pradesh: Waqf Board defers construction of hospital

Uttar Pradesh: Waqf Board defers construction of hospital in Ayodhya for lack of funds

Jul 16, 2023, 01:04 PM IST

According to its members, the trust had originally planned to build the hospital first, and a mosque later, but was held back by the lack of money it is required to pay in fees and development charges.

Tata Steel offers Rs 83 lakh funding for R&D projects

Tata Steel offers Rs 83 lakh funding for R&D projects in low carbon segment

Business | Jul 14, 2023, 02:35 PM IST

Tata Steel announced ‘Tata Steel - Sprint to Zero’ 2023 Challenge, an initiative to fund innovative research and development projects in low carbon hydrogen that offers tech-led or tech-enabled solutions to address green hydrogen technologies for the industrial sector’s sustainable future.

Finance Ministry asks IBA to finalise wage revision

Finance Ministry asks IBA to finalise wage revision of bankers of PSU banks by Dec 1

Business | Jul 10, 2023, 03:01 PM IST

The wage revision for employees and officers of the public sector banks is due from November 1, 2022.

Government of India holds 81.41 per cent stake in the

Bank of India plans share sale to meet Sebi's minimum public holding norms

Business | Jul 09, 2023, 01:49 PM IST

Public sector banks have time till August 2024 for meeting the Securities and Exchange Board of India (Sebi) requirement.

Russia oil discount to India shrinks to $4, delivery

Russia oil discount to India shrinks to $4, delivery charges remain opaque

Business | Jul 10, 2023, 01:12 PM IST

The USD 11-19 per barrel shipping costs from the Russian ports to India - some of it on the 100+ tankers reportedly acquired by Russian actors for a shadow fleet - are higher than rates for comparable distances, such as a voyage from the Persian Gulf to Rotterdam.

Flipkart to distribute Axis Bank personal loans amid RBI

Flipkart to distribute Axis Bank personal loans amid RBI concerns on unsecured lending

Business | Jul 07, 2023, 02:42 PM IST

Flipkart's senior vice president for fintech and payments group, Dheeraj Aneja said the e-commerce platform already offers financing avenues like Buy Now Pay Later (BNPL), Equated Monthly Installments (EMI), and Co-branded Credit Cards to support buyers.

Cipla recalls six batches of bronchospasm treatment

Cipla recalls six batches of bronchospasm treatment inhalation aerosol in US

World | Jul 07, 2023, 02:36 PM IST

Out of an abundance of precaution, Cipla further said the specified six batches manufactured using the same lot of valves are being recalled.

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