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Mumbai: Indian stock markets opened lower on Thursday as investors stayed cautious ahead of the quarterly results of IT giant Tata Consultancy Services (TCS). Both benchmark indices -- the Sensex and Nifty -- slipped in early trade. The 30-share BSE Sensex dropped 76.99 points to 83,461.90. Meanwhile, the 50-share NSE Nifty was down 23.15 points at 25,452.95. Caution Ahead of Earnings Season TCS is set to announce its Q1 earnings later in the day, officially kicking off the earnings season. I ...Read More >
Mumbai: The investor rush for some of the large unlisted companies, especially in financial services, has waned of late following the lower-than-expected pricing of HDB Financial Services' recent Initial Public Offering. Share values of some of the most popular firms in the unlisted space, such as NSE, NSDL and Tata Capital, have fallen between 5% and 18% as investors worry that valuations of these companies in their upcoming IPOs would be lower than the current levels. "Post the HDB IPO, we'v ...Read More >
MUMBAI: Another large-size IPO is being planned in the current year. Prudential Corp of UK, the joint venture partner of ICICI Bank in ICICI Prudential Asset Management, is selling 10% stake in the company through an initial public offering that could be worth around Rs 10,000 crore. On Tuesday, the AMC had filed the papers with Sebi, ICICI Bank, the majority owner in the fund house, said on Wednesday.The current year has already seen two IPOs worth more than Rs 5,000 crore: HDB Financial Servic ...Read More >
Mumbai, July 9 (SocialNews.XYZ) The Indian stock markets closed lower after a volatile session on Wednesday amid selling in the IT and metals stocks, especially in Vedanta and Hindustan Zinc. Sensex settled at 83,536.08, down 176.43 points or 0.21 per cent. The 30-share index opened in negative territory at 83,625.89 against the last session's closing of 83,712.51. However, it showed some volatility, hitting an intra-day high at 83,781.36 before closing. Nifty fell 46.40 points or 0.18 per cen ...Read More >
Mumbai, July 8: The Indian stock market closed in positive territory on Tuesday, inching up in a range of 0.3 per cent, as investors remained cautious ahead of the India-US trade deal which is likely to materialise soon. Sensex closed at 83,712.51, up 270.01 points or 0.32 per cent against the previous session's closing of 83,442.50. The 30-share index hit an intra-day high at 83,812.31 after starting the session in negative territory at 83,387.03. Nifty settled 61.20 points or 0.24 per cent hig ...Read More >
Mumbai, July 8: The Indian stock market closed in positive territory on Tuesday, inching up in a range of 0.3 per cent, as investors remained cautious ahead of the India-US trade deal which is likely to materialise soon. Sensex closed at 83,712.51, up 270.01 points or 0.32 per cent against the previous session's closing of 83,442.50. The 30-share index hit an intra-day high at 83,812.31 after starting the session in negative territory at 83,387.03. Nifty settled 61.20 points or 0.24 per cent hi ...Read More >
Mumbai: Public sector banks (PSBs) are in talks with the Finance Ministry to review the rule of maintaining a minimum balance in savings accounts. According to a report by Times of India, this discussion is taking place due to the declining share of CASA (Current Account Savings Account) deposits in banks' total deposits. The report states that the share of CASA deposits is shrinking, and during a recent meeting with the finance ministry, government officials raised a question: Why should custo ...Read More >
NewsVoir Bengaluru (Karnataka) [India], July 7: Upekkha, the India-US accelerator that has backed over 100 SaaS and AI startups, has announced VIBE 2025 (Vertical Intelligence & BEyond), the world's first summit dedicated exclusively to vertical AI. Scheduled for 10-11 July 2025 at The Leela Palace, Bengaluru, and co-hosted with SaaSBoomi, this two-day flagship event will showcase how AI can move from concept to real-world deployment within just 48 hours. "Walk in with a problem statement, wal ...Read More >
Mumbai, July 7 (SocialNews.XYZ) The Indian stock market ended flat on Monday as investors remained cautious amid uncertainty around the interim India-US trade deal. Sensex closed at 83,409.68, marginally up 9.61 points or 0.01 per cent. The 30-share index opened marginally lower at 83,398.08 against the last session's closing of 83,432.89. The index did not see much volatility as it touched an intra-day high at 83,516.83, a jump of 84 points. Similarly, Nifty settled flat at 25,461.30, up 0.30 ...Read More >
New Delhi [India], July 7: A SIP Calculator is a powerful tool that helps plan investments wisely and track money growth over time. It estimates returns based on regular investment amounts and tenure, providing a clear view of financial progress. This insight enables confident financial planning and informed decision-making, supporting long-term wealth creation through systematic investment. Also Read | Are Football Clubs Insured When a Player Dies: What Happens in the Aftermath of a Tragedy Li ...Read More >
VMPL New Delhi [India], July 7: A SIP Calculator is a powerful tool that helps plan investments wisely and track money growth over time. It estimates returns based on regular investment amounts and tenure, providing a clear view of financial progress. This insight enables confident financial planning and informed decision-making, supporting long-term wealth creation through systematic investment. What is a SIP Calculator? A Systematic Investment Plan (SIP) calculator is a convenient online to ...Read More >
Mumbai, Jul 7 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Monday amid caution ahead of the July 9 US tariff deadline, weak trends in Asian markets and foreign fund outflows. Volatile trends engulfed markets during the early trade amid concerns surrounding the US-India trade deal, experts said. The 30-share BSE Sensex declined 170.66 points to 83,262.23 in early trade. The 50-share NSE Nifty dipped 53.75 points to 25,407.25. July 9 marks the end of the 90-day suspension ...Read More >
Mumbai, Jul 7 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Monday amid caution ahead of the July 9 US tariff deadline, weak trends in Asian markets and foreign fund outflows. Volatile trends engulfed markets during the early trade amid concerns surrounding the US-India trade deal, experts said. Also Read | Delhi Rains: Rainfall Disrupts Delhi-NCR Today; Traffic, Flight Operations Hit (Watch Videos). The 30-share BSE Sensex declined 170.66 points to 83,262.23 in early tr ...Read More >
Mumbai, July 7 (SocialNews.XYZ) The domestic benchmark indices opened marginally lower on Monday amid mixed global cues, as selling was seen in the metal, auto, IT, PSU bank, pharma and financial service sectors in the early trade. At around 9.28 am, Sensex was trading 75.59 points or 0.09 per cent down at 83,357.30 while the Nifty declined 18.25 points or 0.07 per cent at 25,442.75. According to analysts, concerns surrounding a US-India trade deal and the fallout of SEBI's report on Jane Stre ...Read More >
New Delhi, Jul 6 (PTI) The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities. Last week, the BSE benchmark Sensex dropped 626.01 points or 0.74 per cent. In the top-10 pack, Reliance Industries, State Bank of India, Infosys and Hindustan Unilever Ltd were the gainers, while HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, Life I ...Read More >
New Delhi, Jul 6 (PTI) The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities. Last week, the BSE benchmark Sensex dropped 626.01 points or 0.74 per cent. Also Read | Bodoland Lottery Result Today, July 05, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. In the top-10 pack, Reliance Indus ...Read More >
Bhubaneswar: The Odisha government on Saturday withdrew its earlier decision to de-empanel three leading private sector banks -- Axis Bank, HDFC Bank, and ICICI Bank -- from handling the business and deposits of state government organisations and departments. A notification issued by the state finance department confirmed the reversal, allowing the three banks to continue as empanelled institutions authorised to manage government-related financial transactions. The government had, through a no ...Read More >
Noida, Jul 4 (PTI) Police arrested three accused on Friday night for allegedly 'digitally arresting' a elderly woman advocate living in the Gautam Buddha Nagar district of Uttar Pradesh and defrauding her of more than Rs 3.29 crore, an official said. According to an official of the Cyber Crime Police Station, Hemantika Vahi, in her complaint filed on Tuesday, alleged that on June 10, she received a phone call where the caller informed that that four bank accounts had been opened using her Aadha ...Read More >
New Delhi: The Supreme Court on Friday refused to entertain HDFC Bank managing director Sashidhar Jagdishan's petition seeking the quashing of an FIR lodged against him by Lilavati hospital trust, even as it termed unfortunate the repeated adjournment of a similar plea of his before Bombay HC because of recusal of judges. Appearing for Jagdishan, senior advocate Mukul Rohatgi termed the FIR as "frivolous" and said his client had no role in the entire controversy alleged by the trust. There was a ...Read More >
MUMBAI: Persistently robust growth in deposits ahead of credit disbursements, analysts believe, will likely help HDFC Bank match the pace of business expansion for the broader banking industry this fiscal after the merger with HDFC left the country's most valued lender a relative straggler for a couple of years. Provisional business data released by HDFC Bank on Friday showed that gross advances at the end of the first quarter ended June increased 7% to Rs 26.53 lakh crore, from Rs 24.86 lakh c ...Read More >
New Delhi, Jul 4 (PTI) Gold prices declined Rs 600 to Rs 99,020 per 10 grams in the national capital on Friday due to fresh selling by stockists, according to the All India Sarafa Association. The yellow metal of 99.9 per cent purity had settled at Rs 99,620 per 10 grams on Thursday. Also Read | India-US Trade Pact Likely Before July 9; Certain Issues Still Pending in Agriculture, Auto Sectors, Says Official. Gold of 99.5 per cent purity slipped Rs 500 to Rs 98,500 per 10 grams (inclusive of ...Read More >
MUMBAI: In a big setback to HDFC Bank chief executive Sashidhar Jagdishan's bid to come out of the legal mess he landed himself with the Lilavati Trust, the Supreme Court Friday declined to hear his plea against the FIR filed by the trust, as the petition is already pending before the Bombay High Court. After three of the Bombay HC justices recused themselves from hearing his petition since a magistrate court had on May ordered filing an FIR against him following a petition by the Lilavati trus ...Read More >
New Delhi, July 4 (SocialNews.XYZ) The Supreme Court on Friday declined to entertain a plea of HDFC Bank CEO and Managing Director Sashidhar Jagdishan to quash an FIR lodged against him, following a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs Mumbai's Lilavati Hospital, that he has accepted a bribe of Rs 2.05 crore. A Bench of Justices P.S. Narasimha and R. Mahadevan opined that it would be improper on the part of the apex court to intervene in the matter when Jagdishan's ...Read More >
New Delhi: The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. A bench of Justices P S Narasimha and R Mahadevan noted that the matter was already listed for hearing on July 14 before the Bombay High Court. "We are not inclined to entertain the matter. We will not apply o ...Read More >
New Delhi: In a huge setback HDFC Bank CEO and MD Sashidhar Jagdishan, the Supreme Court today refused to take his plea challenging an FIR of cheating and fraud registered against him on a complaint filed by the Lilavati Kirtilal Mehta Medical Trust. Sashidhar Jagdishan moved the top court after recusals by three Bombay High Court judges in the case. ...Read More >
NEW DELHI: The Supreme Court on Friday refused to entertain the plea of HDFC Bank CEO and MD Sashidhar Jagdishan seeking quashing of FIR lodged against him for cheating and fraud by Lilavati Kirtilal Mehta Medical Trust, as it noted that the Bombay High Court is scheduled to hear his plea on July 14.A bench of Justices PS Narasimha and R Mahadevan said that it hopes and trusts that the matter will be taken up on July 14 for hearing. It further observed that it was improper on the part of the Sup ...Read More >
New Delhi, Jul 4 (PTI) The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. A bench of Justices P S Narasimha and R Mahadevan noted that the matter was already listed for hearing on July 14 before the Bombay High Court. "We are not inclined to entertain the matter. We wil ...Read More >
Mumbai, Maharashtra, India - Business Wire India * Credit Conference 2025 designed to drive growth, financial inclusion, and ease of doing business in India * Leaders from banking, FinTech, and policy convened to discuss data-driven credit inclusion and the path to a credit-ready India * Expanding creditworthiness to support India's financial goals under the Bharat@2047 vision was a key theme As India's credit growth reaches new segments and geographies, the focus is shifting towards enabling ac ...Read More >
BusinessWire India Mumbai (Maharashtra) [India], July 4: As India's credit growth reaches new segments and geographies, the focus is shifting towards enabling access to financial services supported by data-driven insights, transparency, and informed risk management. This transformation, along with collaborating to extend financial inclusion in India, saw industry leaders, policymakers, and innovators convene at the TransUnion CIBIL Credit Conference 2025 to explore how data, trust, and collabor ...Read More >
Mumbai (Maharashtra) [India], July 4: As India's credit growth reaches new segments and geographies, the focus is shifting towards enabling access to financial services supported by data-driven insights, transparency, and informed risk management. This transformation, along with collaborating to extend financial inclusion in India, saw industry leaders, policymakers, and innovators convene at the TransUnion CIBIL Credit Conference 2025 to explore how data, trust, and collaboration in the financi ...Read More >
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