Mumbai/IBNS: Shares of Rail Vikas Nigam Limited (RVNL) declined on Thursday despite the company reporting a sharp rise in consolidated net profit for the first quarter of FY2027, media reports said.
Mumbai/IBNS: Shares of Jio Financial Services climbed more than 3 per cent on Thursday after Bank of America (BofA) announced a strategic investment in the company's lending subsidiary, Jio Credit, media reports said.
Mumbai/IBNS: Shares of commercial vehicle major Tata Motors climbed nearly 6 per cent on the BSE on Thursday following a sharp rise in the company's net profit during the first quarter of FY27, media reports said.
Mumbai/IBNS: Shares of Grasim Industries fell around 3 per cent on Thursday despite the company reporting a strong turnaround in profitability for the June quarter (Q1 FY27), media reports said.
Mumbai/IBNS: Indian equity markets opened lower on Thursday, with the BSE Sensex falling around 170 points, while the NSE Nifty 50 traded near the 24,350 mark amid cautious investor sentiment.
Oracle is planning another round of layoffs after eliminating around 21,000 jobs in fiscal 2026, media reports said, as the technology giant looks to reduce payroll costs while taking on billions of dollars in debt to finance its artificial intelligence (AI) infrastructure expansion.
The Board of Directors of Godrej Consumer Products Limited (GCPL) today announced the appointment of Aasif Malbari, currently Global Chief Financial Officer and President Godrej Africa, as Managing Director & Chief Executive Officer of GCPL, effective immediately.
Public sector lender Bank of Baroda has inaugurated a new Branch at EM Bypass, Metropolitan, further strengthening its footprint and enhancing access to banking services in Kolkata.
Rail Coach Factory (RCF), Kapurthala, is set to achieve another significant milestone with the rollout of its first rake comprising 19 LHB broad-gauge passenger coaches for Bangladesh Railway on Wednesday.
Mumbai/IBNS: The share prices of Tata Consultancy Service (TCS) on Wednesday crashed over 4% after N Chandrasekaran's shock resignation as the Tata Sons chairman, media reports said.
Mumbai/IBNS: Tata Sons chairman N Chandrasekaran has decided not to seek reappointment after the end of his current term in February 2027, ahead of the company's Annual General Meeting scheduled to be held on August 18, media reports said.
A new report published Tuesday by the UN’s International Labour Organization (ILO) found that worldwide youth unemployment rebounded after the COVID-19 pandemic but is now beginning to worsen again, leaving millions unable to get that crucial first job.
Mumbai/IBNS: Shares of One97 Communications Ltd., the parent company of Paytm, extended their gains on Tuesday, rising 3.52% on the NSE, media reports said.
Mumbai/IBNS: Indian benchmark indices opened lower on Tuesday as rising crude oil prices and heightened geopolitical uncertainty weighed on investor sentiment.
Axis Mutual Fund has announced the launch of the Axis Nifty Energy Index Fund and Axis Nifty Energy ETF providing investors with a simple and transparent way to participate in India's fast-evolving energy ecosystem.
Ashok Leyland has signed a Memorandum of Understanding (MoU) with Drivn, a provider of financing and leasing solutions for electric commercial vehicles, to offer customised financial solutions to customers purchasing Ashok Leyland’s electric vehicles.
The RP-Sanjiv Goenka Group (RPSG) today announced that Purvah Green Power Private Limited, the renewable energy platform of CESC Limited, is set to acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power Private Limited, held across six project special purpose vehicles in Rajasthan and Karnataka, at an enterprise value of ₹ INR 4859 crore (USD 509 million at ₹95.5/USD). The acquisition has been funded by the parent company.
The government has opened the door to introducing a nominal Merchant Discount Rate (MDR) on a limited set of UPI merchant transactions above a certain threshold, while assuring users that consumer and person-to-person payments will remain free.
UTI Mutual Fund, one of India's leading fund houses, has launched a first-of-its-kind milestone offering for investors to complete their entire investment journey, including payments, without leaving WhatsApp.
The Union Cabinet has approved GOBARdhan, the National Circular Bioenergy Scheme, with a total outlay of Rs.23,731 crore.
Public sector lender State Bank of India (SBI) on Friday reported its highest-ever quarterly net profit of ₹21,121 crore, driven by robust loan growth across key business segments.
L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured a batch of orders from the Oil & Natural Gas Corporation (ONGC) for the Pipeline Replacement Project (PRP-X) and Well Head Platforms Project off India's west coast.
Mumbai/IBNS: Indian equity markets witnessed a sharp sell-off on Friday, with the benchmark BSE Sensex plunging more than 500 points and the NSE Nifty 50 slipping below the 24,600 mark amid weak global cues and cautious investor sentiment.
Indian IT services major Infosys has signed a 10-year strategic agreement with Crocs, Inc., the global casual footwear company, to accelerate the retailer's enterprise-wide digital transformation through AI-first technologies.
Mumbai/IBNS: Swiggy shares surged more than 5 percent on Thursday after the company unveiled an ambitious five-year growth strategy at its Capital Markets Day 2026, according to media reports.
Mumbai/IBNS: The Indian stock market opened marginally higher on Thursday, with gains in select heavyweight stocks offset by losses in other sectors, keeping the benchmark indices largely range-bound.
Air India on Wednesday appointed veteran aviation executive Tewolde Gebremariam as its new Chief Executive Officer (CEO) and Managing Director (MD), succeeding Campbell Wilson, who stepped down earlier this year.
The Union government may soon introduce merchant charges on Unified Payments Interface (UPI) transactions above ₹2,000, according to media reports, potentially ending the zero-cost regime for merchants on high-value digital payments.
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said polymer-based currency notes are expected to enter circulation from the beginning of the next financial year, subject to the successful completion of ongoing pilot trials.
Global payments giant Visa has laid off around 2,600 employees, or about 7 percent of its global workforce, with several of those affected based in India.
