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MAHINDRA ACQUISITION
Top 5 IT services companies see 3.3% staff productivity boost in Q1, as TCS, Infosys, HCLTech and Tech Mahindra log gainsIndia's leading IT firms witnessed a substantial rise in employee productivity over the past year, despite a decline in overall staff numbe...
Manipal Health’s Rs 9,275 crore IPO opens for subscription. Should you apply?Manipal Health Enterprises' Rs 9,275-crore IPO opened for subscription on July 29 with a muted grey market premium of around 2%, signalling...
Manipal Health Enterprises sets price band for Rs 9,275 crore IPO, opens July 29Manipal Health Enterprises will launch its Rs 9,275 crore IPO on July 29 with a price band of Rs 560-590 per share. The issue comprises a f...
Temasek doubles down on India; sees long-term opportunities in family businessesTemasek International sees family businesses opening to investors as a major market shift. Generational transitions create attractive long-...
Cube Highways Trust InvIT subscription opens today. Here are key details for investorsCube Highways Trust InvIT opens its Rs 5,000-crore public issue today at a price band of Rs 151–152 per unit. The infrastructure trust offe...
Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facilityForeign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...
Kotak Mahindra Bank shares fall over 3% despite Q1 profit growth. Analysts weigh inKotak Mahindra Bank shares fell after reporting a strong profit increase for the first quarter. Net profit rose 26% year-on-year, and net i...
Stable policy push for ISM 2.0; Wipro misses Q1 estimatesHappy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning ...
IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 crFairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 cro...
AI, Iran war risks weigh on Indian IT firms’ earnings outlookIndian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conf...
HDFC Bank redeploys staff to customer-facing roles as tech efficiencies take hold: CEO JagdishanHDFC Bank is shifting employees to customer-facing roles, leveraging technology for efficiency gains. The bank is accelerating AI investmen...
Kotak Mahindra Bank to pursue acquisitions alongside organic growthKotak Mahindra Bank plans to pursue acquisitions and organic growth. The bank recently acquired Deutsche Bank's retail portfolio in India. ...
Rising battery costs seen pushing up India storage tariffs as developers warn on project viabilityBattery storage tariffs in India are anticipated to increase significantly. Rising input costs and reduced Chinese incentives are pushing u...
Kotak Mahindra Bank shares fall over 3% after Q1 update; advances jump 15% to Rs 5.12 lakh croreKotak Mahindra Bank's shares dipped over 3% following its Q1 FY27 business update. While net advances saw a healthy 15% year-on-year jump t...
The Q1 verdict: Can TCS, Infosys, other IT results stop a Rs 17 lakh crore AI-led rout?India's top IT firms like TCS and Infosys face a crucial earnings season after a massive Rs 17 lakh crore market value erosion. Analysts an...
Kotak Mahindra Bank shares in focus on deal to buy Deutsche Bank’s retail business for Rs 282 croreKotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth management business, adding a sizeable lo...
Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...