Life Insurance Corporation of India (LIC)-owned non-banking finance company Paisalo Digital on Friday, May 9, announced a 25% jump in standalone net profit for the fourth quarter of the financial year 2024-2025 (Q4 FY25) to ₹45 crore, as against ₹36
Jio Credit, formerly known as Jio Finance, is stepping into the domestic capital market next week with its maiden bond issue. Illustration: Dominic Xavier/Rediff The subsidiary of Jio Financial Services plans to raise up to Rs 1,000 crore by selling
The volume growth of India’s FMCG industry has slowed down in the March quarter to 5.1 per cent, driven by increased consumer purchases of small-value packs, according to the latest report from data analytics firm NielsenIQ. Photograph: Pawan Kumar/Reuters Volume
A team of senior officials from India will again visit Washington this month to hold discussions with their US counterparts on the proposed bilateral trade agreement (BTA), government sources said on Thursday. Illustration: Dado Ruvic/Reuters To give impetus to the
Benchmark Sensex declined by nearly 412 points in a volatile session on Thursday due to selling in banking, FMCG and auto shares triggered by escalating tensions between India and Pakistan. Photograph: Shailesh Andrade/Reuters The 30-share Sensex declined by 411.97 points
Private equity firm General Atlantic is likely to pare its stake in financial services firm KFin Technologies Ltd by approximately 6% of the company’s total outstanding shares through block deals, sources privy to the developments told CNBC-TV18. The sale is
Titan Q4 Results: Tata group’s jewellery and eyewear company Titan posted a 10.7% year-on-year (YoY) growth in its standalone net profit to ₹870 crore for the fourth quarter of the financial year 2024-25 (FY25) post-market hours on Thursday, May 8.
S&P Global Ratings on Thursday said the hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support. Photograph: Sharafat Ali/Reuters S&P, which rates
Average housing prices across Mumbai Metropolitan Region (MMR), Delhi-NCR, Chennai and Pune remained stable during the January-March period compared to the previous quarter while rates appreciated 4-5 per cent in the other four major cities, according to PropTiger. Illustration: Dominic
The government has issued Letter of Intent to Starlink for satcom services, sources said on Wednesday. Illustration: Dado Ruvic/Reuters Starlink is a satellite internet service developed by SpaceX — the American aerospace manufacturer and space transportation company founded in 2002
