Homegrown fast-moving consumer goods (FMCG) major Dabur India is set to record low single-digit growth in consolidated revenue in the December quarter, it said in an update on Friday. The maker of Hajmola candy and Real fruit juice said rural
State Bank of India (SBI) – the country’s largest lender – has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges in raising resources. Photograph: Rupak De Chowdhuri/Reuters The first is ‘Har
Private sector lender Bandhan Bank on Saturday, January 4, announced its business updates for the October-December quarter. The lender’s loans and advances rose 15% year-on-year to ₹133,285 crore, compared to ₹115,940 crore in the corresponding period of last year. Sequentially,
Vedanta share: The mining major Vedanta Limited released its October to December (third-quarter) production data on Friday, January 3. Vedanta Ltd shares closed 1.8 per cent higher at ₹457.90 after Friday’s market session, compared to ₹449.80 at the previous market
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has entered into a partnership with the Startup Policy Forum (SPF), a premier industry organisation representing India’s leading new-age companies. This strategic collaboration
Equity benchmark indices Sensex and Nifty buckled under selling pressure to settle nearly 1 per cent lower on Friday as investors pared exposure to bank and IT stocks ahead of the earnings season starting next week. Photograph: PTI Photo from
Rising demand for premium devices, led by Apple and Samsung, is expected to increase India’s smartphone market size to over $50 billion (about Rs 428,900 crore) this year, market research firm Counterpoint Technology Market Research said on Friday. Photograph: Francis
India’s forex reserves dropped by $4.11 billion to $640.28 billion during the week ended December 27, the Reserve Bank said on Friday. Ketan Parekh (Right) Photograph: Lisa Marie David/Reuters In the previous reporting week, the overall kitty had dropped by
Sensex Today | Stock Market Highlights: The Sensex tumbled 721 points to settle at 79,223, while the Nifty dropped 184 points, ending the session at 24,004. Financial stocks led the decline, with HDFC Bank and ICICI Bank emerging as the
Shares of PTC Industries, a leading Indian manufacturer of precision metal components for critical applications, closed 10% up at a 4-month high of ₹14,466 apiece on Friday, January 3. This rally followed the company’s announcement that its wholly-owned subsidiary, Aerolloy
