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HDFC Bank logs 5% rise in profit on margin pressureHDFC Bank announced a notable five percent rise in profits for the June quarter, showcasing a robust growth in net interest income. Despite...
Spacetech unicorn Skyroot launches Vikram-1, marks India's first private orbital rocket missionThe mission, named Aagaman, lifted off from the First Launch Pad at the Satish Dhawan Space Centre (SDSC-SHAR) in Sriharikota at 12:05 noon...
PM Modi congratulates Skyroot after private rocket reaches orbit: ‘You have planted new seeds in the sky’In a phone conversation following the launch, Modi told founder Pawan Chandana and the Skyroot team that they had “planted new seeds in the...
Skyroot Aerospace to undertake maiden orbital launch of Vikram-1: PMPrime Minister Narendra Modi announced Skyroot Aerospace's upcoming Vikram-1 launch. This mission marks India's first privately developed o...
Peak XV leads Rs 350 crore funding round in wealth manager Neo GroupThe transaction is expected to close shortly, Neo said in a statement. It did not disclose the valuation for the round or the investment sp...
J&K Bank sells 0.5% stake in PNB MetLife for Rs 120 croreJammu and Kashmir Bank has sold a 0.5% stake in PNB MetLife India Insurance to MetLife International Holdings for Rs 120 crore. The transac...
An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peersState Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-ow...
India's space sector takes off as private rocket readies launchIndia has sent spacecraft to Mars and the Moon, put hundreds of satellites into orbit and will in the coming days launch its first privatel...
HDFC Bank, SBI, other stocks jump up to 2%; Nifty Bank gains 560 points. What lies ahead?Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themselves ahead of a crucial round of Q...
7,700 jobs down: India’s top private banks’ workforce reduce as tech wonder gets busyIndia's largest private banks are reducing staff numbers. This shift reflects increased automation and artificial intelligence adoption. Te...
Aditya Birla Renewables taps MUFG for $1.5 billion to fund Shell asset buyAditya Birla Renewables is securing significant acquisition financing. Mitsubishi UFJ Financial Group is providing $1.5 billion for this de...
India nears accepting sweetened Fairfax offer for IDBI BankIndia's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for th...
Wage, fuel spike hit ATM cash services in four statesThe one-day disruption affected ATM uptime and cash availability across the four states, with intermittent service gaps reported as regular...
HDFC Bank shares drop 2%. What lies ahead as lender set to announce Q1 earnings this week?HDFC Bank shares dropped on Monday ahead of its Q1 FY27 earnings this week, erasing around Rs 21,500 crore in market value. While the lende...
Private banks may lead PSU peers in Q1 PAT show amid macro pressuresPrivate banks are expected to show stronger profit growth than public sector banks this quarter. Analysts predict private lenders' profits ...
Axis Bank loses three senior executives amid leadership reshuffleAxis Bank has seen three senior executives resign from their positions. These departures add to a significant reshuffling occurring within ...
Private banks write off nearly half of NPAs in FY26, outpace PSBsPrivate banks significantly reduced bad loans by writing off nearly half of their exposure. This cleansing effort primarily targeted unsecu...