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.
