State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set
Reserve Bank will “wait and watch” the evolving situation before deciding on any further rate cut, Governor Sanjay Malhotra has said as he emphasised that both growth and price stability are equally important. Photograph: ANI Photo With inflation on a
Benchmark stock indices Sensex and Nifty closed marginally higher on Wednesday as investors stayed on the sidelines amid weak global market trends and tariff-related uncertainty. Photograph: Danish Siddiqui/Reuters Rising for the second day in a row, the 30-share BSE Sensex
ITC Hotels Ltd on Wednesday reported a 53 per cent jump in consolidated net profit to Rs 133.71 crore in the June quarter, on the back of higher revenue. Image: ITC Maratha, Mumbai. Photograph: Kind courtesy, ITC Hotels The company,
At least 2,900 acres of land deals, with a market value of Rs 31,000 crore, were transacted in the Indian realty market during the first six months of 2025 (H1 2025), according to a report by real estate analytics firm
Stock markets snapped the four-day falling streak on Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBI’s comfort
Ola Electric could gain market share in the near term with relatively less disruption expected due to rare earth magnets shortage, according to a report by Goldman Sachs. IMAGE: Bhavish Aggarwal, CEO of Ola Cabs, and founder of Ola Electric,
I-T dept said move came after a series of outreach efforts, including SMS alerts, emails, and physical programmes, were made across various locations, nudging taxpayers towards voluntary compliance. Kindly note this illustration generated using Microsoft Copilot is only posted for
An Indian commerce ministry team has reached Washington for another round of talks from Monday on the proposed bilateral trade agreement (BTA), an official said. Photograph: Evelyn Hockstein/Reuters Chief negotiator of India and special secretary in the Department of Commerce,
The government on Monday appointed R Doraiswamy as head of state-owned insurance behemoth Life Insurance Corporation of India (LIC). Photograph: LIC/X The notification in this regard was issued by the Department of Financial Services following approval from the Appointments Committee
