Mumbai-based private sector lender Yes Bank Ltd. announced that Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received approval from the Reserve Bank of India (RBI) to acquire up to 24.99% stake in the company. SMBC currently holds a 20% stake
Buy or sell stocks: This week, both indexes, NSE and BSE experienced a 1% increase, driven by advancements in the automobile and consumer sectors due to anticipated demand growth resulting from changes in the goods and services tax (GST) which
India needs Goods and Services Tax (GST) Council-like common platforms between states and the Centre in areas such as land clearances, power, and water to fast-track infrastructure projects to achieve double-digit growth going ahead, said Praveer Sinha, chief executive officer
The Association of Healthcare Providers – India (AHPI), representing hospitals and healthcare institutions across the country, has advised its members in north India to stop providing cashless treatment facilities for policyholders of Bajaj Allianz General Insurance Company, with effect from
From the bylanes of Jalandhar to a regular name in the annual ‘Sunday Times Rich List’, Lord Swraj Paul, who died on Thursday evening in London aged 94, was one of the most well known NRI entrepreneurs and philanthropists. Photograph:
Equity benchmark indices Sensex and Nifty fell sharply by nearly 1 per cent on Friday, snapping their six-day winning streak, amid intense selling in market heavyweights HDFC Bank and Reliance Industries. Photograph: Francis Mascarenhas/Reuters The 30-share BSE Sensex tumbled 693.86
Sensex Today | Stock Market Highlights: The Nifty index has fallen below the 24,950 mark, trading with a decline of about 150 points. The Sensex index is falling towards the 81,500 mark, with the index falling by over 450 points.
Anlon Healthcare IPO: From key dates to financials, here are 10 key things investors need to know from the RHP before subscribing. The issue opens for subscription on 26 August 1. Anlon Healthcare IPO: Key dates and allotment details Anlon
Global emerging market investors are sharply cutting back on India, making it the largest underweight market, as funds rotate into China, Hong Kong, and South Korea amid tariff shocks and valuation concerns. Illustration: Dominic Xavier/Rediff India is rapidly losing favour
India’s economic growth is expected to be lower at 6.3 per cent this fiscal compared to the RBI’s projection of 6.5 per cent, a SBI Research Report said on Thursday. Photograph: Anushree Fadnavis/Reuters The report pegged the first quarter GDP
