Stay updated with the latest icici-bank news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on icici-bank topics.
Orkla India IPO: Orkla India, parent company of packaged foods manufacturer MTR Foods, has set the price band for its initial public offering (IPO) in the range of ₹695 to ₹730 per equity share. The mainline offering is entirely an offer for sale (OFS) of ₹22.8 million equity shares worth ₹1,667.54 crore. Orkla Asia Pacific is the promoter selling shareholder, while Navas Meeran and Feroz Meeran are other selling shareholders. According to the red herring prospectus (RHP), the company has reser ...Read More >
MUMBAI: Thanks to sharp corrections in price of silver recently, the price of exchange traded funds (ETFs) units on the white metal on domestic bourses have started trading at substantial discounts to spot prices. ETF rates are now down about 15-25% from their respective peaks recorded last week.Consider this: Silver BEES ETF, one of the biggest ETFs on the white metal in India was down 2.3% at Rs 142 on Thursday and was down 21% from its all-time peak of Rs 180. ICICI Prudential Silver ETF, ano ...Read More >
The Navi Mumbai facility is part of ICICI Bank's Rs 1,800 crore commitment to support the Tata Memorial Centre in establishing three cancer care hospitals across the country. Navi Mumbai is set to get one of India's largest radiation therapy facilities with the commencement of construction of a new cancer care building at Tata Memorial Centre's (TMC) Advanced Centre for Treatment, Research and Education in Cancer (ACTREC). The project, funded through ICICI Bank's CSR contribution of Rs 625 cror ...Read More >
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 >
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 >
Mumbai: Equity benchmark indices Sensex and Nifty ended higher Monday, taking their winning run to the fourth day in a row, driven by buying in blue-chip Reliance Industries and sustained foreign fund inflows. A sharp rally in global markets also added to the markets' optimism. The 30-share BSE Sensex jumped 411.18 points or 0.49 per cent to settle at 84,363.37. During the day, it zoomed 704.37 points or 0.83 per cent to 84,656.56. The 50-share NSE Nifty surged 133.30 points or 0.52 per cent ...Read More >
Mumbai (Maharashtra) [India], October 20 (ANI): The Indian stock market on Monday ended in green territory after trading higher, driven by upbeat quarterly results from top lenders in the financial sector and a rebound in global risk appetite following signs of easing US-China trade tensions. At the end of the trading session today, BSE Sensex settled at 84,363.37, rising 411.18 points or 0.49 per cent while NSE Nifty50 stood at 25,843.15, up by 133.3 points or 0.52 per cent. In today's trade, ...Read More >
Mumbai: Indian stock markets advanced for a fourth straight session on Monday, with the BSE Sensex ending 411.18 points higher at 84,363.37 and the Nifty 50 rising 133.30 points to close at 25,843.15. This upward move was driven by encouraging results from large companies and positive sentiment linked to the festival season. The rally cut short‑term profit‑taking and showed broad‑based participation across key sectors. Technical Breakout Holds Ground, Support Zones Defined Analysts noted that ...Read More >
Mumbai, Oct 20 (SocialNews.XYZ) Indian stock markets continued their upward momentum on Monday, with benchmark indices closing higher for the fourth straight session, supported by gains in banking, IT, and oil and gas stocks. The Sensex ended 411.18 points, or 0.49 per cent, higher at 84,363.37, while the Nifty advanced 133.30 points, or 0.52 per cent, to close at 25,843.15. "From a technical standpoint, Nifty's breakout above 25,660 has now been sustained for the second consecutive session, t ...Read More >
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 >
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 >
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 >
New Delhi [India], October 19 (ANI): Gold prices in India are expected to maintain an upside bias for the rest of 2025, driven by a projected uptrend in global gold prices and a weakening Indian rupee, according to a sectoral update by ICICI Bank Global Markets. The report projects an equilibrium range of USD/Rs at 87.00-89.00 for the fourth quarter of 2025 (Q4 2025) and the first half of 2026. Also Read | Sam Rivers Dies: Limp Bizkit Bassist and Founding Member Passes Away at 48. The report ...Read More >
New Delhi: Gold prices in India are expected to maintain an upside bias for the rest of 2025, driven by a projected uptrend in global gold prices and a weakening Indian rupee, according to a sectoral update by ICICI Bank Global Markets. The report projects an equilibrium range of USD/Rs at 87.00-89.00 for the fourth quarter of 2025 (Q4 2025) and the first half of 2026. It further added that domestic gold prices are expected to trade between Rs 1,20,000 and Rs 1,35,000 per 10 grams through the r ...Read More >
Sawant alleged that the BJP had removed the names of national leaders like Jawaharlal Nehru and Sanjay Gandhi from public institutions while renaming others for corporate sponsorships. They have shown their intolerance towards India's first Prime Min Maharashtra Congress on Saturday alleged that the BJP's brand of Hindutva had become "corporate and profit-driven", with sacred names and national icons being "sold for money" and political gains. Referring to Mumbai Metro stations, Congress spoke ...Read More >
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 >
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 >
Mumbai, Oct 18 (PTI) ICICI Bank on Saturday reported that its consolidated net profit for the September quarter inched up by 3.2 per cent to Rs 13,357 crore as a fall in provisions helped overcome the impact of margin compression. On a standalone basis, the second largest private sector lender reported a 5.2 per cent growth in its post-tax profit at Rs 12,359 crore, up from Rs 11,746 crore in the year-ago period. The core net interest income increased 7.4 per cent to Rs 21,529 crore on the bac ...Read More >
New Delhi, Oct 18 (SocialNews.XYZ) India's second-largest private lender, ICICI Bank, reported a 5.2 per cent year-on-year increase in profit after tax (PAT), reaching Rs 12,359 crore for Q2 FY26. The bank in its exchange filing said that net interest income (NII) rose by 7.4 per cent to Rs 21,529 crore, with a net interest margin of 4.30 per cent. Profit before tax excluding treasury grew by 9.1 per cent year-on-year to Rs 16,164 crore in the quarter. "Average deposits grew by 9.1 per cent ye ...Read More >
Mumbai: Benchmark Sensex spurted by 484 points and Nifty closed at a 52-week high on Friday, extending their winning run to the third consecutive day on buying in blue-chip banking and oil shares and foreign fund inflows. In a volatile session, the 30-share BSE Sensex jumped 484.53 points or 0.58 per cent to settle at 83,952.19, a level not seen since June 27. During the day, it surged 704.58 points or 0.84 per cent to 84,172.24. The 50-share NSE Nifty climbed 124.55 points or 0.49 per cent to s ...Read More >
Mumbai, Oct 17 (SocialNews.XYZ) Indian stock markets ended higher on Friday, extending gains for the third straight session ahead of Diwali. Both Sensex and Nifty touched their 52-week highs during the day, supported by buying in financials, autos, and FMCG stocks. At the close, the Sensex stood at 83,952.19, up 484.53 points or 0.58 per cent, while the Nifty ended at 25,709.85, up 124.55 points or 0.49 per cent. "Technically, Nifty looks strong for further gains, and experts believe that a " ...Read More >
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 >
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 >
Mumbai (Maharashtra) [India], October 16 (ANI): Domestic equity benchmark indices on Thursday witnessed a sharp rally buoyed by positive global cues and renewed optimism surrounding India-US trade discussions. At the end of the trading session today, Nifty50 at the National Stock Exchange (NSE) was up 261.75 points at 25,585.30, while BSE Sensex stood at 83,467.66, up 862.23 points. Also Read | NZ vs ENG 1st T20I 2025: England Reveal Playing XI for First T20I Against New Zealand. Both Sensex ...Read More >
Mumbai (Maharashtra) [India], October 16 (ANI): Domestic equity benchmark indices on Thursday witnessed a sharp rally buoyed by positive global cues and renewed optimism surrounding India-US trade discussions. At the end of the trading session today, Nifty50 at the National Stock Exchange (NSE) was up 261.75 points at 25,585.30, while BSE Sensex stood at 83,467.66, up 862.23 points. Both Sensex and Nifty rose over one per cent each during the trading session. The rally was largely driven by h ...Read More >
Mumbai: Indian equity markets ended in the red on Tuesday after recent gains, as investors booked profits across sectors. The benchmark indices, Sensex and Nifty, slipped amid broad-based selling pressure, with PSU bank stocks leading the fall. The Sensex dropped 297 points, or 0.36 per cent, to settle at 82,029.98, while the Nifty closed 81.85 points, or 0.32 per cent lower, at 25,145.5. Analysts said the 25,300-25,400 range continues to act as a strong resistance for Nifty, while the 25,000 m ...Read More >
Mumbai, Oct 7 (PTI) The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US dollars in the form of currency notes, forex card load or for outward remittances at competitive prices. With the linkage, customers will be able to access USD through their preferred payment/banking apps integrated with the Bharat Connect or Bharat Bill Payment System (BBPS) platform. Currently, five lenders -- A ...Read More >
Mumbai: In a landmark move, from Saturday, India's cheque clearing system will become much faster, moving from a batch-based process to continuous clearing and settlement on realisation. This change means that funds from cheques could reach your bank account within a few hours instead of the usual one to two business days. The Reserve Bank of India (RBI) had scheduled a trial run on Friday of the new cheque clearance system before the official rollout on October 4. Under the new regime, all cheq ...Read More >
New Delhi: Tiger Global-backed construction material supply firm Infra.Market has filed for an initial public offering (IPO) worth between Rs 4,500 crore and Rs 5,500 crore with market regulator Sebi using the confidential pre-filing route, market sources said on Wednesday. The proposed IPO would be a combination of a fresh issue of shares and an Offer for Sale (OFS) by existing shareholders, they added. The filing has been made under Sebi's confidential or pre-filing route, which allows compa ...Read More >
Mumbai, Oct 1 (PTI) Equity benchmark indices rebounded sharply on Wednesday after an eight-day slump, with the Sensex jumping 715.69 points, helped by buying in bank and financial stocks after the RBI left key interest rates unchanged and revised upward its growth estimates for the current fiscal to 6.8 per cent. The 30-share BSE Sensex jumped 715.69 points or 0.89 per cent to settle at 80,983.31. During the day, it surged 800.81 points or 0.99 per cent to 81,068.43. The 50-share NSE Nifty cli ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.