Icici

Last week, the BSE benchmark Sensex climbed 663.35 points or 0.90 per cent, and the Nifty jumped 165.7 points or 0.74 per cent.

ICICI is hiring 30 investment bankers on expectations for record fundraising in India

The firm plans 15 new hires in its investment banking division this year to beef up its mergers and acquisitions, private equity and fundraising practices, and another 15 in sales, trading and research, said Ajay Saraf, head of investment banking and institutional equities at the lender’s ICICI Securities Ltd. unit.

Live: Should you revamp your portfolio in Samvat 2080? | ICICI Prudential AMC’s CEO Nimesh Shah

ICICI Prudential AMC's CEO, Nimesh Shah, discusses several key topics, including the overvaluation of midcap stocks, his assessment of new-age companies, the sustained strength of the banking sector, as well as his interest in multi-cap and balanced advantage funds.

Q2 Earnings Highlights: ICICI Bank's net profit rises 36% to Rs 10,261 crore, NII up 24%

Q2 Earnings Highlights: The bank's asset quality showed an improvement, with a gross NPA ratio of 2.48% as of the end of September, down from 2.76% at the end of June.

ICICI Lombard appoints Sanjeev Mantri as new MD & CEO

On September 21, Bhargav Dasgupta left his role as MD and CEO after 14 years with the company to pursue an international career opportunity

Private credit AIFs offer appealing risk-reward equation to investors: Shekhar Daga, ICICI Prudential AMC

We operate in the mid-market space (expected internal rate of return is 12-16 per cent), which provides a significant deployment potential for performing credit funds

LIVE: Will Nifty stay subdued amid weak global cues? Coal India, Siemens in focus | Top pharma bets

Nifty50 continues to consolidate amid volatility as investors await the outcome of the three-day Reserve Bank of India Monetary Committee Policy (RBI MPC) meeting that started off yesterday. The index has gradually been moving towards 19,650-19,700 area, which is crucial for further upside. Experts say unless and until the index gives a strong close above these levels, the uptrend towards 19,800-20,000 is unlikely and till then the range bound action can continue with crucial support around 19,500-19,300 levels. This morning on August 9, the GIFT Nifty is hinting at a muted start for the Indian markets. Global cues are mostly negative with Wall Street clocking overnight losses after Moody’s downgraded 10 United States’ banks. The European markets also ended lower after a surprise windfall tax announcement. China’s consumer and producer prices both declined in July from a year ago, a sign of deflation pressure as demand in the world’s second-largest economy weakens. Lots of stocks in focus this morning including Coal India, Siemens, ICICI Lombard and Adani Enterprises, among others. Pharma has made a strong comeback after underperforming in the first half of the year. The index has hit a fresh 52-week high and stocks such as Cipla have been hitting fresh highs. Is this the time to dive into stocks like Gland Pharma after strong performance in the first quarter? Catch Nandita Khemka in conversation with Nithya Balasubramanian, Director, Healthcare Research at Sanford Bernstein; and Hemen Kapadia, Senior Vice President, Institutional Equity, at KR Choksey Shares & Securities.

ICICI Bank Q1 results: Top four highlights from the earnings report

Net interest income (NII) of the lender increased by 38 percent year-on-year to Rs 18,227 crore in Q1FY24 from Rs 13,210 crore in the corresponding quarter last year

ICICI Bank Q1 Results: Net profit zooms 40% to Rs 9,648 crore

The bank's asset quality improved as the gross non-performing assets (GNPAs) declined to 2.76 percent from 3.4 percent in the year-ago period

D-Mart disappoints, India's forex reserves & more | Market Minutes

In this episode of Market Minutes, Shailaja Mohapatra talks about the global market start-up, India's forex reserves, Avenue Supermarts margin hit and big results expected today. Also, catch Pankaj Pandey of ICICI Securities in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.

6 in India Inc top 10 add Rs 1.19 lakh cr to market value; Reliance leads the league

Last week, the 30-share BSE benchmark jumped 561.89 points or 0.86 percent. The Sensex hit its all-time high of 65,898.98 on July 7.

Live: Markets at life high; Strong start to July series? | ICICI Securities, MCX, CreditAccess in focus

Indian equity markets hit a new life high on Wednesday, June 27. The Nifty50 touched a new milestone of 19,000 mark on the monthly F&O expiry day. We saw every sector participate in the rally, while the broader markets continued the uptrend for the third straight session along with benchmarks. Sensex too hit the 64,000 mark for the first time in intraday day trade. Markets are poised to kick off the July series on a strong note. Stocks in the spotlight today include TCS, ICICI Securities, MCX, BPCL, Creditaccess Grameen and TD Power. Catch Nandita Khemka in conversation with Rohit Srivastava, Founder & Strategist, Indiacharts; and Raja Venkatraman, Neotrader.

ICICI-Videocon loan fraud case: CBI receives sanction letter from board to prosecute Chanda Kochhar

The case involves alleged cheating and irregularities in loans granted by the bank to Videocon Group companies. The sanction letter was obtained under section 19 of the Prevention of Corruption Act.

Seven of India Inc top-10 add Rs 1.51 lakh crore to market value; Reliance, TCS lead gainers

While Reliance Industries, Tata Consultancy Services (TCS), Hindustan Unilever, ITC, Infosys, State Bank of India and Bharti Airtel made gains in their market valuation, HDFC Bank, ICICI Bank and HDFC faced erosion.

LIVE: Will good show from RIL and ICICI Bank drive the rally? Wipro’s buyback in spotlight

Bulls may finally get the required impetus post a good Q4 show from index heavyweight- Reliance Industries and ICICI Bank earnings. IT Stocks may be in focus post Wipro’s buyback announcement. Catch Nickey Mirchandani in discussion with Prashant Sawant, Co-Founder at Catalyst Wealth and Jigar Mistry, Co-Founder - of Buoyant Capital

Market LIVE: Street Verdict on RIL Q4 | Strong Q4 for ICICI Bank | Sun Pharma, HDFC AMC in focus

Nifty fell 1 percent last week thanks to weak IT earnings. The Nifty IT index dropped 5 percent to record its biggest weekly fall since December. Will the markets stage a comeback amid a slew of earnings this week? Meanwhile, it was a strong Q4 for Reliance Industries (RIL) as it reports its highest-ever quarterly profit amid broad-based performance. ICICI Bank too reports a healthy 30 percent jump in profit backed by strong non-institutional investors (NII) growth and an improvement in asset quality. Neha Dave of Moneycontrol Pro decodes the bank’s quarterly performance. We also discuss the street verdict on big earnings and put the spotlight on stocks such as Sun Pharma and HDFC AMC. Rajesh Palviya of Axis Securities shares his stock picks for the day. Watch!

MC Explainer | The expanding use cases of UPI

Innovation within UPI vis-à-vis GST, interoperability with the central bank digital currency, income tax breaks and cashbacks for digital payments are some other proposals that could give UPI a big push.

ICICI Bank-Videocon loan case: Venugopal Dhoot says his arrest was unnecessary; CBI argues he was evading probe

Dhoot, arrested by the CBI on December 26, 2022, and presently in judicial custody, has moved the high court seeking to quash the FIR against him and has also sought interim bail.

Edelweiss CEO Radhika Gupta: 'Celebrate a woman in business and you always get this comment...'

Edelweiss CEO and MD Radhika Gupta hit back at a Twitter user who suggested that women in business cannot be trusted.

Investigators probe Venugopal Dhoot’s involvement in a second loan fraud case

A second FIR alleges that a consortium of banks led by the SBI issued SBLCs for $3,876.60 million to Videocon Hydrocarbons, in violation of rules and without minimum due diligence.

NuPower Renewables: What’s up with this company at the centre of Kochhar-Dhoot loan scam?

The company is operational, but could fold up any time. Its liquidity position is precarious. CareEdge Ratings has given a ‘D’ rating to its long-term bank facilities, indicating it is in default or is expected to be in default soon.

Exclusive Interview | Chanda Kochhar’s arrest only tip of iceberg, more beneficiaries involved, says whistle-blower Arvind Gupta

In a free-wheeling interview with Moneycontrol, Gupta said the role of ICICI Bank management, named in the CBI First Information Report (FIR), needs to be probed thoroughly.

Venugopal Dhoot arrested by CBI in ICICI Videocon Loan Case

Videocon Group Promoter Venugopal Dhoot was arrested from Mumbai today early morning.

Market Minutes | All you need to know ahead of the opening bell

In this edition of Market Minutes, N Mahalakshmi talks about the impact of potential change in weightage for HDFC Bank in the MSCI index and how the stock is poised fundamentally compared with rivals ICICI Bank and SBI. Market Minutes is a morning podcast that tracks the risk-reward in stock markets by putting the spotlight on keys data points and developing trends

ICICI Bank launches special account for Indian students in UK

As an equivalent to a savings account in India, the account holder can activate internet banking and mobile banking once it has been activated.