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Jan 26, 2021 09:06 AM IST The S&P 500 rose 13.89 points, or 0.4%, to 3,855.36 as gains for influential Big Tech stocks were big enough to steady the index and return it to a record. It recovered from a 1.2% loss earlier in the day, as investors expect Apple and other tech giants to report healthy profits for the end of 2020 in coming days.
Jan 25, 2021 09:05 PM IST TCS also surpassed Reliance Industries to become the most valued firm in the country for the second time. TCS’ market capitalisation stood at $169.21 billion on January 25 as against Accenture’s $168.8 billion and RIL's $168.47 billion.
Jan 22, 2021 08:32 PM IST In a regulatory filing, Piramal Enterprises said it's been issued the Letter of Intent (LoI) by the administrator of DHFL on January 22.
Jan 22, 2021 07:54 PM IST Reliance Industries delivered strong operational results in Q3 with a robust revival in O2C and Retail segments, and a steady growth in Digital Services business.
Jan 22, 2021 07:35 PM IST JSW Steel has begun production from the last of the three mines it had acquired in 2019 in Karnataka, a crucial addition to its iron ore reserves.
Jan 22, 2021 07:19 PM IST Bandhan Bank is among the banks which have felt the heat of the Assam Microfinance Bill. In the third quarter, Bandhan’s proforma gross non-performing assets grew to 7.12 percent, a good chunk of which has come from delayed microloan payments.
Jan 22, 2021 03:57 PM IST The net premium income stood at Rs 9,488.84 crore in Q3 as against Rs 7854.98 crore in the year-ago period.
Jan 22, 2021 02:36 PM IST The net premium income rose to Rs 13,766.49 crore in Q3 as against Rs 11,694.51 crore a year ago.
Jan 21, 2021 10:31 PM IST One of the provisions of the bill was to provide US citizenship to 11 million undocumented immigrants, including 500,000 from India, in an eight-year time frame. But there was more in store for H-1B workers and students who would like to pursue education in the US.
Jan 21, 2021 04:16 PM IST The Rs 1,153.72 crore IPO of Home First Finance Company (HFFC) has opened for subscription. The three-day public issue will close on January 25 consisting of fresh capital of Rs 265 crore and an offer for sale of Rs 888.72 crore by existing shareholders. Though the valuation of the company looks undemanding when compared to new players. But, when compared to older companies, it appears rich. So, how should investors read it? Let's find out in this edition of Ideas For Profit
Jan 21, 2021 03:54 PM IST Natural gas production also dropped 7.11 percent year-on-year in December 2020.
Jan 21, 2021 09:25 AM IST Capitalize on this investment theme by building a portfolio of 10-15 high-quality companies that are market leaders
Jan 20, 2021 09:57 PM IST The company has roped in Ashok Namboodiri as Chief Business Officer for International Business.
Jan 20, 2021 09:07 PM IST The two-member NCLT bench termed the matter as 'exceptional' and having 'compelling circumstances' against the Delhi-based realty firm.
Jan 20, 2021 07:47 PM IST Bajaj Finance, in a regulatory filing, confirmed that its targeted time for Bajaj Pay launch is Q4 of FY21. The move will allow the company to make forays into the fast-growing payment solutions market in India.
Jan 20, 2021 05:29 PM IST With YES MSME, the private lender will provide curated offerings to address both business and individual needs of MSMEs, nurture new age entrepreneurs and maximise their potential.
Jan 19, 2021 10:50 PM IST ITC Company Secretary Rajendra Kumar Singhi was named the Governance Professional of the Year for his contribution towards adoption of effective governance processes.
Jan 19, 2021 10:03 PM IST Private lender CSB Bank has seen a rise in its actual bad loans if one exclude the impact of the Supreme Court order.
Jan 15, 2021 08:15 PM IST An announcement is expected soon. The Committee of Creditors will meet early next week to issue the Letter of Intent to the Piramal Group.
Jan 15, 2021 04:15 PM IST CFO Prateek Aggarwal said that at the back of the COVID-19 pandemic, enterprises across the board are accelerating their technology adoption and this process will take years to be completely digital.
Jan 14, 2021 08:04 PM IST National Securities Depository Ltd, on January 12, had updated the foreign investment limit for Bharti Airtel from 49 percent to 100 percent.
Jan 14, 2021 04:27 PM IST In recent weeks, banks, including State Bank of India, have come up with a flurry of offers such as concession for women borrowers, additional concession through digital channels and processing fee waivers and so on.
Jan 14, 2021 08:41 AM IST Almost all asset classes gave healthy returns last year
Jan 13, 2021 10:02 PM IST Infosys in Q2FY21 said it would hire 15,000 freshers. However at the back of large deal wins and the growth momentum, it has ramped up its fresher hiring.
Jan 13, 2021 09:16 PM IST Amidst the rise in awareness for health insurance due to the coronavirus pandemic, standalone health insurers continued to beat the industry in business growth.
