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NewsDrum - Business - News Image
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BusinessOct 27, 2025 10:15 AM

Stock markets trade higher mirroring sharp rally in global peers on hopes of US Fed rate cuts

Mumbai, Oct 27 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Monday, mirroring a sharp rally in global markets, as softer-than-expected US inflation report has reignited hopes of Fed rate cuts. Prospects of a US-China trade deal and fresh foreign fund inflows also added to the markets' optimism. The 30-share BSE Sensex climbed 272.7 points to 84,484.58 in early trade. The 50-share NSE Nifty went up by 88.55 points to 25,883.70. From the Sensex firms, Tata Steel, Bharti ...Read More >

Economic Times - Business - News Image
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BusinessOct 27, 2025 07:00 AM

Adani Group's long-term bonds continue to interest institutions

Mumbai: Mutual funds, insurers, and banks have been stepping up investments in long-term corporate bonds issued by the Adani Group, which has raised around ₹13,750 crore over the past year across five of its companies, market data showed. The group's bond sales make up more than a tenth of all corporate bonds issued in India over the past one year. In the 12 months to October 2025, the group has tapped the domestic bond market 10 times, with five issuances carrying maturities of 10 years or mor ...Read More >

Abtak.com - Other - News Image
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OtherOct 27, 2025 05:29 AM

Stepson held for embezzling Rs 26 lakh from father's bank account - The Statesman

The Cyber Cell of the Delhi Police's Crime Branch has nabbed a 25-year-old man for allegedly siphoning off Rs 26.32 lakh from the bank account of his father over a period of four months, officials said on Sunday. The Cyber Cell of the Delhi Police's Crime Branch has nabbed a 25-year-old man for allegedly siphoning off Rs 26.32 lakh from the bank account of his father over a period of four months, officials said on Sunday. Following an extensive investigation led by Inspector Subhash Chandra an ...Read More >

Social News XYZ - Business - News Image
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BusinessOct 26, 2025 01:21 PM

7 of top 10 firms add Rs 1.55 lakh crore in market value

Mumbai, Oct 26 (SocialNews.XYZ) The combined market valuation of seven of India's top 10 most-valued companies rose by Rs 1,55,710.74 crore in the holiday-shortened week, supported by a positive trend in domestic equities. Tata Consultancy Services (TCS) and Bharti Airtel were among the biggest gainers, according to the official data. During the week, the benchmark Sensex gained 259.69 points, or 0.30 per cent. On Thursday, the 30-share index touched a 52-week high of 85,290.06. Among the top ...Read More >

NewsDrum - Business - News Image
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BusinessOct 26, 2025 12:17 PM

US life insurers, not LIC, led recent Adani investments

New Delhi, Oct 26 (PTI) Life Insurance Corporation of India's investment in Adani group companies may be under the spotlight, but recent data shows that some of the largest investments in entities controlled by billionaire Gautam Adani have come not from the state insurer but from major US and global insurers. In June 2025, a month after USD 570 million (Rs 5,000 crore) investment by Life Insurance Corporation (LIC) in Adani Ports & SEZ, US-based Athene Insurance led a Rs 6,650 crore (USD 750 m ...Read More >

NewsDrum - Business - News Image
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BusinessOct 26, 2025 11:24 AM

Mcap of 7 of top-10 most valued firms jumps by Rs 1.55 lakh crore; Reliance, TCS shine

New Delhi: The combined market valuation of seven of the top-10 most valued firms jumped by Rs 1,55,710.74 crore in the holiday-shortened last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers, amid a positive trend in domestic equities. Last week, the BSE benchmark climbed 259.69 points or 0.30 per cent. On Thursday, the 30-share BSE Sensex hit its 52-week high of 85,290.06. From the top-10 pack, Reliance Industries, Bharti Airtel, Tata Consultancy S ...Read More >

The Times of India - Business - News Image
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BusinessOct 26, 2025 01:27 AM

LIC's exposure to Adani much less than to other groups, say officials - The Times of India

NEW DELHI: The department of financial services (DFS) in the finance ministry and govt's policy think tank Niti Aayog have no role in the investment decisions of LIC, and the investment guidelines of the state-owned company are governed by board-approved policies, officials said on Saturday, adding that the insurer's exposure to the Adani Group is far less than to other conglomerates. LIC's investment in the Tata Group is estimated at Rs 1.3 lakh crore, while the exposure to the Aditya Birla Gro ...Read More >

Abtak.com - Business - News Image
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BusinessOct 25, 2025 07:29 PM

HDFC Pension aims to double its subscriber base in next few years: MD & CEO Sriram Iyer

HDFC Pension aims to double its subscriber base in the coming years, targeting the youth and unorganized workforce to enhance retirement readiness across India. The company is focusing on expanding distribution, driving awareness, and innovating products to make NPS accessible and appealing, especially with recent regulatory reforms making it more flexible. HDFC Pension Management Company Limited aims to strengthen retirement readiness across India and double its subscriber base within the next ...Read More >

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BusinessOct 24, 2025 04:27 PM

Stock markets cut short 6-day rally, Sensex falls 344 pts amid profit-taking, foreign fund outflows

Mumbai, Oct 24 (PTI) Benchmark indices Sensex and Nifty declined on Friday amid profit-taking in FMCG and banking shares following a six-day rally and fresh foreign fund outflows. Snapping its six-day winning streak, the 30-share BSE Sensex dropped by 344.52 points or 0.41 per cent to settle at 84,211.88. During the day, it fell by 599.25 points or 0.70 per cent to 83,957.15. The 50-share NSE Nifty declined by 96.25 points or 0.37 per cent to 25,795.15 as 34 of its constituents closed lower an ...Read More >

Abtak.com - Business - News Image
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BusinessOct 23, 2025 06:34 PM

Netcore Cloud Strengthens Global Leadership with Strategic Hires in Strategy, Sales, and Marketing

Netcore Cloud Strengthens Global Leadership with Strategic Hires in Strategy, Sales, and Marketing Netcore Cloud Logo 3 min read Last Updated : Oct 23 2025 | 1:00 PM IST PRNewswire Mumbai (Maharashtra) [India], October 23: Netcore Cloud, a leading agentic marketing platform, today announced three strategic appointments to accelerate its international growth and strengthen its leadership in Agentic Marketing. The company has named Vassil Mladjov as SVP, Agentic AI and Strategy, Deepthi Nagar ...Read More >

News Directory 3 - Business - News Image
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BusinessOct 21, 2025 01:39 AM

Sensex Jumps 411 Points, Nifty Hits 25,800 - Market Update - News Directory 3

Mumbai, India - November 27, 2023 ⁢- Indian equity markets continued their upward trajectory on Monday, marking the fourth consecutive session of gains. The benchmark Sensex and Nifty⁢ 50 indices where ⁤propelled higher by strong performances from Reliance Industries and HDFC Bank, despite⁤ some profit-taking in ICICI bank. The S&P BSE Sensex closed at⁤ 84,363.37, a gain of 411.18 points, or 0.49%. Meanwhile, the ⁤NSE Nifty 50 rose 133.30 points, or 0.52%, settling at 25,843.15. This positive m ...Read More >

NewsDrum - Business - News Image
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BusinessOct 20, 2025 06:27 PM

HDFC Bank shares end flat post-Q2 earnings

New Delhi, Oct 20 (PTI) Shares of HDFC Bank on Monday ended flat after the company reported a 10 per cent jump in consolidated net profit for the September quarter. The stock went up 1.74 per cent to reach its 52-week high of Rs 1,020 during the morning trade on both the BSE and the NSE. Later, the stock gave up most of its early gains and ended at Rs 1,003.30, marginally higher by 0.08 per cent on the BSE. At the NSE, it ended 0.03 per cent up at Rs 1,002.95. HDFC Bank on Saturday reported ...Read More >

Abtak.com - Business - News Image
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BusinessOct 20, 2025 05:33 PM

Dalal Street Set For Diwali Gains Despite Volatility, Sensex Opens Over 84,400

Globally, developments around proposed US tariffs on China, along with movements in crude oil prices and currency trends, will play a key role in shaping risk appetite and investor positioning, Mishra added.Source : ABPLIVE AI The Indian benchmark indices saw significant gains during early trade on Monday morning on account of Diwali as the Sensex opened 498 points higher at 84,451.11, and the Nifty opened higher by more than 190 points, at 25,899.90. In the pre-open session, at 9:03 AM, the S ...Read More >

Abtak.com - Business - News Image
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BusinessOct 20, 2025 11:34 AM

Yes Bank, RBL get foreign suitors: Top bank stocks to buy for Samvat 2082

Private banks such as Yes Bank, RBL, DCB, Federal and City Union Bank can rally up to 48%, hint charts. Shares of private banks, mainly Yes Bank and RBL Bank have been in limelight after Japan-based Sumitomo Mitsui Banking Corporation and UAE-based Emirates NBD picked equity stake in these two Indian private banks. Sumitomo Mitsui became the largest shareholder in Yes Bank at 24.99 per cent following the additional stake purchase from SBI and a consortium of seven other shareholders. Over the ...Read More >

Free Press Journal - Business - News Image
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BusinessOct 19, 2025 05:20 PM

Global cues, FPI inflows and Q2 Earnings To Steer Markets, Muhurat Trading To Mark Samvat 2082

Mumbai: Equity market sentiment in the upcoming holiday-shortened week will be guided by global developments, foreign fund flows, and the ongoing corporate earnings season, analysts said. Both BSE and NSE will remain closed for regular trading on Tuesday due to Diwali, but a special Muhurat trading session will be conducted on October 21 between 1:45 pm and 2:45 pm, marking the beginning of Samvat 2082. Markets will also remain shut on Wednesday for Diwali Balipratipada. Heavyweight earnings to ...Read More >

Abtak.com - Business - News Image
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BusinessOct 19, 2025 03:34 PM

Stock markets recover early lost ground; trade higher on foreign fund inflows

Indian stock markets, Sensex and Nifty, recovered from an early dip on Friday. Foreign fund inflows and anticipation of US Federal Reserve rate cuts boosted investor sentiment. Asian Paints, Mahindra & Mahindra, and Bharti Airtel were among the top gainers. This rebound follows strong performance on Thursday, driven by positive economic outlook and global factors. Mumbai, Equity benchmark indices Sensex and Nifty bounced back after starting the trade on a weak note on Friday, helped by foreign ...Read More >

Abtak.com - Business - News Image
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BusinessOct 19, 2025 02:34 PM

HDFC Bank doesn't see AI leading to layoffs: CEO

HDFC Bank sees artificial intelligence as an opportunity, not a threat to jobs. The bank's chief executive Sashidhar Jagdishan believes AI will help redeploy staff from backend operations to customer-facing roles. This strategic shift aims to enhance customer engagement and innovation. HDFC Bank is conducting experiments with generative AI, expecting benefits in the next 18 to 24 months. The country's largest private sector lender HDFC Bank does not see its use of artificial intelligence leadin ...Read More >

Hindustan Times - Politics - News Image
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PoliticsOct 19, 2025 06:05 AM

'When did Chhatrapati Shivaji Maharaj become Kotak?': Cong leader slams Mahayuti

MUMBAI: Congress spokesperson Sachin Sawant on Saturday launched a blistering attack on the Mahayuti government comprising BJP, Shiv Sena and NCP, accusing it of "insulting gods, deities and great icons" by allowing corporate brands to prefix the names of metro stations dedicated to them. "When did Chhatrapati Shivaji Maharaj become 'Kotak'? Has Siddhivinayak now been sold to 'Lombard'?" Sawant asked at a press conference, taking aim at what he called the BJP's new form of "corporate Hindutva". ...Read More >

Social News XYZ - Politics - News Image
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PoliticsOct 18, 2025 10:33 PM

'BJP playing game of corporate Hindutva', claims Congress

Mumbai, Oct 18 (SocialNews.XYZ) The Congress party on Saturday alleged that the Bharatiya Janata Party (BJP) and the Rashtriya Swayamsevak Sangh (RSS) have, for years, misused religion, national identity and hollow nationalism for political power and now they have gone further to open a market for gods, deities and icons, trading the pride and identity of the people in the name of corporate Hindutva. The state party spokesman, Sachin Sawant, told reporters that "The BJP's Hindutva has now becom ...Read More >

The Times of India - Business - News Image
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BusinessOct 18, 2025 06:22 PM

HDFC Bank Q2FY26 net profit rises 10.8% to Rs 18,640 crore - The Times of India

MUMBAI: HDFC Bank reported a 10.8% rise in standalone net profit to Rs 18,640 crore for the quarter ended Sept 2025, driven by higher non-interest income and steady improvement in asset quality.Net interest income rose 4.8% year-on-year to Rs 31,550 crore, while non-interest income surged 25% to Rs 14,350 crore. Total income grew 10.4% to Rs 45,900 crore. Operating expenses rose 6.4% to Rs 17,980 crore, and provisions increased 29.6% to Rs 3,500 crore. Profit before tax climbed 11% to Rs 24,420 ...Read More >

Free Press Journal - Business - News Image
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BusinessOct 18, 2025 02:46 AM

Indore News: Dharmendra Bhadoria Case; Gold Worth ₹79 Lakh Seized, Total Assets Reach Nearly ₹25 Cro...

Indore (Madhya Pradesh): The total assets discovered so far in the case of retired excise officer Dharmendra Bhadoria reached nearly 25 crores on Friday. The Lokayukta, special police establishment, Indore opened one of the four bank lockers of the family. This locker belongs to the accused's son and his wife in which gold worth Rs 79 lakh was stored. The gold was seized. SP Lokayukta Rajesh Kumar Sahay said that as part of the investigation, a bank locker belonging to the accused's son Suryan ...Read More >

Abtak.com - Business Technology - News Image
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BusinessTechnologyOct 17, 2025 03:13 PM

Simple Energy partners with Amazon, Flipkart to sell electric scooters online

The Bengaluru-based EV maker is also offering festive discounts on Simple One Gen 1.5 and OneS models through e-commerce platforms. Electric two-wheeler manufacturer Simple Energy on Thursday announced partnerships with Amazon India and Flipkart to make its flagship electric scooters available for purchase through the two leading e-commerce platforms. The move aims to offer a seamless, digital-first buying experience, enabling customers to browse, book, and receive doorstep delivery of their sc ...Read More >

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BusinessOct 17, 2025 06:10 AM

Sensex soars 862 points, global rally lifts markets

MUMBAI, Oct 16: Indian stock markets extended their rally for the second consecutive day on Thursday, driven by strong global cues and optimism over a potential US Federal Reserve rate cut. The benchmark BSE Sensex surged 862.23 points (1.04%) to close at 83,467.66, while the NSE Nifty gained 261.75 points (1.03%) to settle near the 25,600 mark at 25,585.30. The Sensex had briefly soared over 1,000 points during intraday trade, hitting a high of 83,615.48. Investor sentiment was lifted by acr ...Read More >

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BusinessOct 17, 2025 06:10 AM

Rupee rises 12 paise against USD

MUMBAI, Oct 16: The rupee appreciated for the second consecutive session on Thursday, rising 12 paise to close at 87.96 against the US dollar. The gain was supported by a weaker dollar against major global currencies, renewed investor risk appetite, likely Reserve Bank of India (RBI) intervention, and strong domestic equity market performance. At the interbank foreign exchange, the rupee opened at 87.76, touched an intraday high of 87.68, and finally settled at 87.96, up from Wednesday's close ...Read More >

Abtak.com - Business Technology - News Image
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BusinessTechnologyOct 17, 2025 01:32 AM

Exclusive: Apple lobbies India to change tax law seen hindering its expansion, sources say

NEW DELHI, Oct 15 (Reuters) - Apple is lobbying India's government to modify its income tax law to ensure the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers, an issue seen as a hurdle to its future expansion, sources say. The push coincides with Apple's growing India presence as it diversifies beyond China. Counterpoint Research says iPhone's share in the Indian market has doubled to 8% since 2022. And while China still accounts for 75% ...Read More >

Abtak.com - Business - News Image
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BusinessOct 17, 2025 12:33 AM

Indian banks face slow loan growth and muted earnings in September quarter

Mumbai: Indian banks are expected to report muted earnings and loan growth for the September quarter, reflecting a slowdown in both retail and corporate segments over the past two quarters. Analysts estimate system-wide loan and deposit growth at around 9-10%. Treasury gains are also likely to be weaker, as rising bond yields weigh on valuations. Additionally, banks may face some compression in net interest margins with the full impact of recent repo rate cuts coming through. Asset quality tren ...Read More >

The Sen Times - Business - News Image
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BusinessOct 16, 2025 07:37 PM

Stock markets surge for 2nd day, Sensex jumps 862 points tracking rally in global peers - The Sen Ti...

Mumbai, Oct 16 (PTI) Benchmark BSE Sensex jumped by 862.23 points while Nifty closed near the 25,600 mark on Thursday, following across-the-board buying by investors triggered by a global stocks rally and US Fed rate cut hopes. The 30-share BSE Sensex jumped 862.23 points or 1.04 per cent to settle at 83,467.66 with 28 of its constituents ending higher and two with losses. During the day, it zoomed 1,010.05 points or 1.22 per cent to 83,615.48. The 50-share NSE Nifty surged 261.75 points or 1. ...Read More >

NewsDrum - Business - News Image
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BusinessOct 16, 2025 05:48 PM

Canara Robeco AMC shares surge nearly 13 pc in debut trade

New Delhi, Oct 16 (PTI) Shares of Canara Robeco Asset Management Company on Thursday ended nearly 13 per cent higher in its debut trade against the issue price of RS 266. The stock made its market debut at Rs 280.25, up 5.35 per cent from the issue price on the BSE and NSE. During the day, it jumped 19.54 per cent to Rs 318 on the BSE. The stock finally ended at Rs 300.25, up 12.87 per cent. At the NSE, shares of the firm ended at Rs 300.45, up 12.95 per cent. The company's market valuation ...Read More >

Rediff - Business - News Image
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BusinessOct 16, 2025 04:29 PM

Sensex Jumps 862 Points on Global Rally, US Fed Rate Hopes

Mumbai, Oct 16 (PTI) Equity markets ended sharply higher on Thursday, with the benchmark Sensex rising 862.23 points and the Nifty scaling 25,585.30 level, tracking a rally in global markets amid US Fed rate cut hopes. Fresh foreign fund inflows also added to the markets' optimism. The 30-share BSE Sensex jumped 862.23 points or 1.04 per cent to settle at 83,467.66. During the day, it zoomed 1,010.05 points or 1.22 per cent to 83,615.48. The 50-share NSE Nifty surged 261.75 points or 1.03 per ...Read More >

Economic Times - Politics - News Image
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PoliticsOct 16, 2025 06:13 AM

Rupee's steepest rise in 4 months said to come on RBI's dollar sales

Mumbai: The rupee reversed its retreating trend Wednesday to close at 88.0750 against the US dollar, with market participants attributing the steepest appreciation in nearly four months to unexpectedly heavy Reserve Bank of India (RBI) dollar sales that seemingly underscored Mint Road's discomfort with speculative positions. The rupee had closed at 88.7975 against the dollar Tuesday. The 0.8% rise through the day comes after the rupee consistently closed in 88.51 to 88.80 range in the last three ...Read More >

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