The country’s biggest lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide. Photograph: Niharika Kulkarni/Reuters The bank has recruited 505 Probationary Officers (POs) in June, and the process
Billionaire Mukesh Ambani’s Reliance Industries Ltd may spend about $12-15 billion over the next few years on AI infrastructure that could include a giant 1GW data centre, Morgan Stanley said in a report. Photograph: Niharika Kulkarni/Reuters Ambani had at the
In an event-heavy week, stock investors will track ongoing quarterly earnings, the US Federal Reserve’s interest rate decision, and macroeconomic data for market direction, analysts said. Illustration: Uttam Ghosh Moreover, progress in India-US trade negotiations will remain a key focus
‘It will support our growth aspirations. It’s very positive as it helps expand the market in a segment that really needs it.’ Illustration: Dominic Xavier/Rediff Shriram Life Insurance, promoted by Shriram Group and Africa’s Sanlam Group, has set ambitious growth
Colgate-Palmolive India’s September quarter (Q2FY26) performance has reinforced concerns among brokerages about the company’s continued market challenges. Photograph: Dado Ruvic/Reuters Analysts say the toothpaste major’s volumes and revenue were hit by a ‘double whammy’ of goods and services tax (GST)
Nearly 96 per cent of new applicants will benefit from this simplified approval route. IMAGE: Finance Minister Nirmala Sitharaman at the inauguration of the CGST Bhawan in Ghaziabad, October 24, 2025. Photograph: PIBX/ANI Photo The government will roll out
ITC Hotels on Friday reported nearly 74 per cent rise in consolidated net profit for the second quarter ended September at Rs 133.29 crore, on higher revenue from operations. Image: ITC Maratha, Mumbai. Photograph: Kind courtesy, ITC Hotels The company,
Reliance Industries Ltd, India’s largest buyer of Russian oil and most impacted by the latest US sanctions, on Friday said it will comply with all applicable restrictions and will adjust its refinery operations to meet compliance requirements. Photograph: ANI Photo
Axis Bank reported a sharp drop in net profit in the second quarter of financial year 2026 (Q2FY26) on higher provisions and weak operating profit growth while revenue growth was moderate. Photograph: Anushree Fadnavis/Reuters But loan growth and deposit growth
Tata Sons, now debt-free, has asked the RBI to drop its ‘upper-layer NBFC’ tag and allow it to stay private. IMAGE: Bombay House in Mumbai, the headquarters of the Tata Group. Photograph: Hitesh Harisinghani/Rediff Tata Sons Pvt Ltd, the holding
