Strong Q2 performance, growth outlook drive gains for Info Edge stock

The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies. Strong revenue growth prospects for each of its online verticals – including recruitment, matrimony,

Sensex tanks 1,190 points to close below 80K

Equity benchmark indices Sensex and Nifty surrendered early gains to plunge nearly 1.50 per cent on Thursday, weighed down by intense selling in market heavyweights Infosys, RIL and HDFC Bank amid a mixed trend in global equities. Photograph: Danish Siddiqui/Reuters

Honda Motorcycle and Scooter launches Activa in electric avatar

Honda Motorcycle and Scooter India (HMSI) on Wednesday forayed into the fast-growing domestic electric mobility market with the introduction of e-scooters, ACTIVA e: and QC1, with swappable and fixed batteries. Photograph: Courtesy, Honda Motorcycle With this, the Japanese two-wheeler maker

Banks eye Rs 1 trn via infra bond issuances in FY25

Infrastructure bond issuances by commercial banks in the current financial year (FY25) are likely to surpass Rs 1 trillion, almost double that of FY24, market participants said. So far this financial year, banks have raised Rs 74,256 crore via infra

Long runway of growth for AMCs

Asset management companies are likely to report strong PAT growth in Q4FY24 on the back of AUM growth Although net inflows into equity mutual funds deteriorated month-on-month (M-o-M) in March 2024 to Rs 22,576 crore (excluding Hybrid), down 15 per

Venkat K Narayana: ‘Our focus is on converting lands into projects’

‘At present, the idea is to expand, consolidate, and stabilise in South India, Mumbai, Pune and grow on what we have been doing.’ Photograph: Kind courtesy Prestige Group Real estate major Prestige Group reported a sales milestone of Rs 21,040 crore