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Mumbai: Bajaj Finance managing director Rajeev Jain emerged as the highest-paid top executive of a non-banking finance company in fiscal 2025 with a total package exceeding ₹65 crore. Including employee stock options worth ₹40 crore, his overall earnings crossed ₹105 crore for the year, according to the lender's annual report. Arvind Kapil, MD of Poonawalla Fincorp, was the second-highest paid, earning ₹45.7 crore, along with Esops that, at current market prices, are valued at more than ₹36 cro ...Read More >
Mumbai: Bajaj Finance managing director Rajeev Jain emerged as the highest-paid top executive of a non-banking finance company in fiscal 2025 with a total package exceeding ₹65 crore. Including employee stock options worth ₹40 crore, his overall earnings crossed ₹105 crore for the year, according to the lender's annual report. Arvind Kapil, MD of Poonawalla Fincorp, was the second-highest paid, earning ₹45.7 crore, along with Esops that, at current market prices, are valued at more than ₹36 cro ...Read More >
MUMBAI: The Indian stock market ended lower on Friday amid heavy selling across the sectors and persistent FIIs outflow due to US tariff jitters. Sensex closed at 79, 857.79, down 765.47 or 0.95 per cent. The 30-share index opened in negative territory at 80, 478.01 against last session's closing of 80, 623.26 following selling pressure due to US tariff concerns. The index touched an intraday low at 79, 775, falling about a per cent to a three-month low, amid overall selling. Nifty ended the s ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47- ...Read More >
Mumbai, August 4: Apple MacBook is available on Independence Day sale in India at a huge discount. MacBook deals during the Independence Day sale in 2025 include discount offers, exchange offers, and more. The interested customers can get the Apple laptop by paying a lower amount and get all the features and specifications before the offers end. Here, we have compared the MacBook on Amazon and Flipkart to help you choose the best deals during this year's Freedom Sale. Amazon Great Freedom Festi ...Read More >
Hyderabad (Telangana) [India], August 4: Rx Propellant, an Actis platform, is proud to announce that 1GV, its flagship life sciences campus located in Genome Valley, Hyderabad, has been awarded the prestigious EDGE Advanced Certification by the International Finance Corporation (IFC), a member of the World Bank Group. This recognition highlights 1GV exceptional performance in energy efficiency, water conservation, and use of low-carbon materials--cementing its position as one of the most sustain ...Read More >
NEW DELHI: The Enforcement Directorate is likely to summon some bankers for questioning in the investigation related to loans issued to the Anil Ambani group that later became non-performing assets. The investigative agency has sent letters to the managements of 12-13 banks, both in the private and public sectors, seeking details about the procedures and due diligence followed in sanctioning loans to Reliance Housing Finance, Reliance Communications and Reliance Commercial Finance, , according ...Read More >
Tura (Meghalaya), Aug 4 (PTI) An official of the Meghalaya Agriculture Department was swept away by strong currents of the Ganol River in West Garo Hills district while attempting to cross the water body during a family picnic, police said on Monday. The missing official, identified as Teseng M Sangma, was posted at Ampati in South West Garo Hills district and resided in staff quarters near Dolampong in Araimile police station area in Tura. Teseng had gone to Sella Wari near Ganol River for a ...Read More >
Mumbai: Benchmark indices Sensex and Nifty climbed higher in opening trade on Monday, tracking a firm trend in the Asian markets and buying in auto and metal stocks. The 30-share BSE Sensex rose by 217.61 points or 0.27 per cent to 80,817.52 in opening trade. The 50-share NSE Nifty went up by 71.55 points to 24,636.90. From the 30-share Sensex firms, Tata Steel, BEL, Bajaj Finserv, UltraTech Cement, Hindustan Unilever, Asian Paints, Reliance Industries, Titan and Adani Ports were among the gai ...Read More >
New Delhi: Delhi govt has prepared a plan under which Delhi Transport Corporation (DTC) bus drivers and conductors will receive regular training, with a focus on ethical values, customer service and safe driving, transport minister Pankaj Singh said on Friday. The move is for improving the public image of DTC buses.The minister mentioned that DTC bus drivers who fail to halt at designated stops or are found speeding will face strict departmental action.Several commuters have complained about the ...Read More >
MUMBAI: Payment aggregators are feeling the pinch as ICICI Bank has now started charging them for processing purchases made using UPI,Fintechs that route transactions through the bank must now factor in new charges, intensifying the debate on the long-term viability of free digital payments. Payment aggregators with escrow accounts at ICICI will be charged two paise per Rs 100 processed, capped at Rs 6 per transaction. Those without such accounts will pay double - with a Rs 10 cap. Merchants who ...Read More >
New Delhi: When you apply for a credit card, you usually check things like the features, rewards, and which bank is giving you the card. But did you know that there's a situation where the bank really doesn't matter much? It sounds odd, but it's true -- this happens with RuPay credit cards! RuPay cards, made by NPCI, can be connected to UPI. Once you link your RuPay credit card to UPI, you can make payments through UPI just like you would from your bank. The main difference? Instead of the mone ...Read More >
Bengaluru: The Karnataka Commercial Tax Department has once again issued a clarification regarding the recent tax notices sent to bakeries, condiments, and tea stalls in Bengaluru. Following earlier backlash, the department had stated that traders with annual turnover below ₹1.5 crore can opt for the Composition Tax Scheme and pay only 1% tax, offering significant relief. Now, in a press release, the department reiterated that traders who have received notices should visit their respective tax ...Read More >
Hyderabad: Heritage Foods Limited, a leading Indian dairy brand, reported its highest-ever quarterly revenue of Rs11,368 million for the first quarter of FY26, registering a 10% year-on-year growth despite headwinds from unseasonal rainfall across its key markets. The company, which is celebrating 34 years of operations, attributed its strong performance to steady progress in milk procurement, resilient milk and value-added product (VAP) sales, and its continued focus on quality, innovation, an ...Read More >
Indian equity markets edged lower on Wednesday, mirroring Asian market trends after the US inflation data release. Investors are exercising caution ahead of key corporate earnings reports and developments in US trade talks. Sectorally, auto, metal, and financial services faced declines, while Dixon Technologies surged following an acquisition announcement. Indian equity benchmarks opened slightly lower on Wednesday, tracking weakness in Asian peers after an uptick in US inflation data. Investor ...Read More >
Mumbai: Benchmark Sensex tanked 501 points while Nifty closed below the 25,000 mark on Friday due to selling in banking shares after muted quarterly earnings and foreign fund outflows. Falling for the second straight day, the 30-share BSE Sensex declined by 501.51 points or 0.61 per cent to settle at 81,757.73. During the day, it shed 651.11 points or 0.79 per cent to hit a low of 81,608.13. The 50-share NSE Nifty dropped 143.05 points or 0.57 per cent to close at a month's low of 24,968.40. A ...Read More >
NEW DELHI/BATHINDA: The Directorate of Enforcement (ED) on Friday conducted searches at 22 de-addiction centres across Punjab, including in Chandigarh, Barnala and Ludhiana, after its investigation revealed illegal sale of drugs by these centres. The agency also searched a premise in Mumbai linked to the accused.Dr Amit Bansal, who runs these 22 centres, is prime accused in the case, sources said. Bansal, against whom Punjab Police has registered multiple FIRs, is alleged to be engaged in illega ...Read More >
MUMBAI: Private sector lender Axis Bank announced on Friday that its board has approved the appointment of Neeraj Gambhir as a whole-time director, designated as executive director, effective August 4. Gambhir's appointment will be for a period of three years, subject to approval from the shareholders and the Reserve Bank of India. Gambhir, 52, currently serves as group executive-treasury, markets and wholesale banking products at Axis Bank, a role he has held since May 2020. He brings over th ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full ...Read More >
Mumbai, Jul 18: Benchmark Sensex tanked 501 points while Nifty closed below the 25,000 mark on Friday due to selling in banking shares after muted quarterly earnings and foreign fund outflows. Falling for the second straight day, the 30-share BSE Sensex declined by 501.51 points or 0.61 per cent to settle at 81,757.73. During the day, it shed 651.11 points or 0.79 per cent to hit a low of 81,608.13. The 50-share NSE Nifty dropped 143.05 points or 0.57 per cent to close at a month's low of 24,9 ...Read More >
Mumbai, Jul 18 (PTI) Benchmark indices Sensex and Nifty fell sharply on Friday as foreign fund outflows and a muted start to the quarterly earnings season dented investors' sentiment. Analysts said sentiment among banking stocks is especially cautious in response to Axis Bank's latest financial results, which fell short of market expectations. The 30-share BSE Sensex tanked 651.11 points or 0.79 per cent to 81,608.13 during the day. The 50-share NSE Nifty dropped 192.8 points or 0.76 per cent ...Read More >
New Delhi, Jul 18 (PTI) Shares of Axis Bank on Friday tanked over 7 per cent after the company reported a 3 per cent dip in June quarter consolidated net profit. The stock dropped 7.40 per cent to Rs 1,073.95 on the BSE. Also Read | Kolkata Fatafat Result Today, July 18, 2025: Kolkata FF Live Winning Numbers Released, Know When and Where To Check Result Chart of Satta Matka-Type Lottery Game. At the NSE, it tumbled 6.36 per cent to Rs 1,086 apiece. The stock emerged as the biggest laggard am ...Read More >
New Delhi, Jul 18 (PTI) Shares of Axis Bank on Friday tanked over 7 per cent after the company reported a 3 per cent dip in June quarter consolidated net profit. The stock emerged as the biggest laggard among the Sensex and Nifty firms during morning trade. In the equity market, the 30-share BSE Sensex was trading 551.93 points lower at 81,707.31. The 50-share NSE Nifty quoted 164.65 points down at 24,943.60. Devarsh Vakil, Head of Prime Research, HDFC Securities said Axis Bank's latest finan ...Read More >
Mumbai: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82,087 and Nifty was down 35 points or 0.14 per cent at 25,075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC B ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty declined in initial trade on Friday, dragged by foreign fund outflows and a muted start to the earnings season. Analysts said sentiment among banking stocks is especially cautious in response to Axis Bank's latest financial results, which fell short of market expectations. The 30-share BSE Sensex declined 185.67 points to 82,073.57 in early trade. The 50-share NSE Nifty dropped 45.4 points to 25,066.05. From the Sensex firms, Axis Bank tumbled n ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindr ...Read More >
Mumbai, Jul 18 (PTI) Equity benchmark indices Sensex and Nifty declined in initial trade on Friday dragged by foreign fund outflows and a muted start to the earnings season. Analysts said sentiment among banking stocks is especially cautious in response to Axis Bank's latest financial results, which fell short of market expectations. The 30-share BSE Sensex declined 185.67 points to 82,073.57 in early trade. The 50-share NSE Nifty dropped 45.4 points to 25,066.05. From the Sensex firms, Axis ...Read More >
Mumbai, July 18 (SocialNews.XYZ) The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82,087 and Nifty was down 35 points or 0.14 per cent at 25,075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Ban ...Read More >
The Indian Hotels Company Limited (IHCL) is India's largest hospitality company by market capitalisation (₹1.08 trillion), offering a unique blend of Indian warmth and world-class service through a diverse portfolio of brands. Indian Hotels share price: Indian Hotels Company Limited (IHCL) share price was buzzing in trade on Friday, July 18, 2025, with the scrip rising as much as 1.63 per cent to an intraday high of ₹766.40 per share. At 9:30 AM, IHCL share price was trading 0.91 per cent high ...Read More >
MUMBAI: Axis Bank's net profit slipped 4% year-on-year to Rs 5,806 crore in the quarter ended June 2025, dragged down by a sharp rise in provisions. The higher provisions were due to a one-off accounting adjustment, which the bank described as a "technical impact" or an internal recalibration of its bad loan classification.This adjustment, applied to cash credit, overdraft products, and one-time settled accounts, resulted in Rs 2,709 crore of fresh slippages. That alone triggered additional prov ...Read More >
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