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Mumbai, Oct 24 (PTI) Piyush Pandey, advertising industry legend who was behind a number of iconic campaigns, died in the early hours of Friday, his family said. He was 70. His sister Ila Arun, an actor, said Pandey breathed his last at 5.50 am on Friday at a private hospital in Mumbai, where he was undergoing treatment for the last few days after complaining of respiratory complications. "He was very fond of sports and used to describe our family as a team of 11, including nine siblings and ou ...Read More >
New Delhi: Piyush Pandey, the legendary creative force behind some of India's most iconic advertisements for Fevicol, Cadbury, and Asian Paints, passed away on Friday at the age of 70. He had been suffering from an infection. His final rites will be conducted at 11 am at Shivaji Park in Mumbai. The Voice of Indian Advertising With a career spanning nearly four decades, Pandey served as the Chief Creative Officer Worldwide and Executive Chairman India of Ogilvy. He joined Ogilvy in 1982, initia ...Read More >
New Delhi, Oct 24 (PTI) Orkla India, which owns spices and condiments brands MTR and Eastern, on Friday fixed a price band of Rs 695-730 per share, aiming for a valuation of around Rs 10,000 crore at the upper end. The company's Rs 1,667 crore Initial Public Offering (IPO) will open for public subscription on October 29 and conclude on October 31, according to a public announcement. Anchor investors can submit their bids on October 28. The company's IPO is a complete Offer For Sale (OFS) of 2 ...Read More >
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 >
Department for Promotion of Industry and Internal Trade (Source: DPIIT website) New Delhi [India], October 23 (ANI): The Department for Promotion of Industry and Internal Trade (DPIIT), Commerce and Industry Ministry, has signed a Memorandum of Understanding (MoU) with Primus Partners Pvt Ltd. to enhance collaboration towards strengthening India's startup and innovation ecosystem. The ministry said in a release that the partnership seeks to enhance support for early-stage and growth-stage prod ...Read More >
Mumbai, Oct 23 (PTI) Equity benchmark indices Sensex and Nifty ended marginally higher on Thursday, helped by robust buying in IT and tech stocks amid growing optimism on the US-India trade deal front. After hitting a 52-week high, indices reversed most of their intra-day gains on fag-end profit-taking after sentiment turned cautious amid concerns over US sanctions against Russia's two largest oil companies. Besides, an over one per cent decline in heavyweight Reliance Industries also pulled t ...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: RBL Bank aims to become one of India's large banks within three to five years, leveraging a strategic tie-up with UAE based Emirates NBD, its managing director and chief executive R Subramaniakumar said.The foreign lender will invest around $3 billion through a preferential-issue to acquire a 60% stake, triggering an open-offer under regulatory guidelines.Subramaniakumar called the partnership a "once-in-a-generation opportunity" to scale RBL's balance-sheet, digital-capabilities, and co ...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 >
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 >
Sify Infinit Spaces has filed draft papers with market regulator Sebi to launch the country's first data center IPO, aiming to raise Rs 3,700 crore. The company, part of the Sify Group, operates one of India's largest networks of data center colocation facilities. The IPO will include a fresh issue of shares worth Rs 2,500 crore and an offer for sale of shares worth Rs 1,200 crore by existing investors -- Kotak Data Center Fund (Rs 643 crore) and Kotak Special Situations Fund (Rs 557 crore). T ...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 >
Midwest, a natural stone exporter, is launching its Rs 451-crore IPO on October 15. The offering includes fresh shares and existing shareholder sales. The price band is set between Rs 1,014 and Rs 1,065. Midwest mines granite in Telangana and Andhra Pradesh and exports to 17 countries. The company plans to use IPO funds for expansion and sustainability initiatives. Midwest, a natural stone mining and exporting player, will open its Rs 451-crore initial public offering (IPO) for subscription on ...Read More >
India's second largest software exporter also narrowed its revenue estimates for the fiscal year by lifting the lower end of the growth guidance, to 2-3% from 1-3% in constant currency, which excludes the impact of currency movements. This is a further improvement from the previous quarter, when it tweaked the outlook from the earlier 0-3% growth. It retained the operating margin guidance of 20-22%. Infosys on Thursday beat analyst estimates with a 13.2% year-on-year and 6.4% sequential increas ...Read More >
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 >
NEW DELHI, Oct 16: Gold prices in Delhi slipped by ₹200 to ₹1,31,600 per 10 grams on Thursday after hitting a record ₹1,31,800 in the previous session, due to profit booking, according to the All India Sarafa Association. Gold of 99.5% purity also fell by ₹200 to ₹1,31,000 per 10 grams. Meanwhile, silver prices rebounded sharply, rising ₹2,000 to ₹1,84,000 per kilogram, close to their record high of ₹1,85,000 reached earlier this week. On the global front, spot gold surged nearly 1% to an all- ...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, 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 >
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, 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 >
Mumbai, Oct 16 (SocialNews.XYZ) The Indian stock market extended its winning streak on Thursday, with both Sensex and Nifty closing higher for the second straight session. The gains came amid strong buying in select stocks during the ongoing second-quarter (Q2) earnings season. At the close of trade, the Sensex jumped 862.23 points, or 1.04 per cent, to settle at 83,467.66. The Nifty also advanced 261.75 points, or 1.03 per cent, to end the day at 25,585.3. "The bulls remained in control for ...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, Oct 16 (SocialNews.XYZ) Equity markets opened higher on Thursday, supported by stock-specific action as companies continue to announce their Q2 results. At the opening bell, the Sensex climbed 340 points, or 0.41 per cent, to trade at 82,945. Similarly, the Nifty rose 105 points, or 0.41 per cent, to 25,428. "From a technical perspective, a sustained move above 25,450 could pave the way for a rally toward 25,500. On the downside, immediate support lies at 25,200 and 25,150, which may s ...Read More >
According to Reserve Bank of India (RBI) data, system credit growth edged up to 10.3% year-on-year as of September 5, compared with 10% as of August 22, while deposit growth moderated to 9.8% from 10.2% over the same period. The system credit-deposit ratio remained elevated at 79% as of September 2025. Mumbai: Banks reported modest loan growth in the September quarter, broadly in line with the system-wide expansion of around 10.5%, while deposit growth remained resilient despite recent rate cut ...Read More >
New Delhi, Oct 6 (PTI) Gold prices skyrocketed by Rs 9,700 to scale a fresh peak of Rs 1,30,300 per 10 grams in the national capital on Monday, lifted by safe-haven buying in the overseas markets and depreciation in the Indian rupee. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity had closed at Rs 1,20,600 per 10 grams on Friday. In the local bullion market, gold of 99.5 per cent purity jumped by Rs 2,700 to hit a record high of Rs 1,22,700 per 10 grams ...Read More >
Mumbai, Oct 6 (PTI) Equity benchmark indices Sensex and Nifty were trading in the positive territory in early trade on Monday, propelled by buying in bank stocks. The 30-share BSE Sensex advanced 67.62 points to 81,274.79 in opening trade. The 50-share NSE Nifty went up by 22.3 points to 24,916.55. Later, both the key benchmark indices extended their rally. The BSE benchmark gauge quoted 170.85 points higher at 81,376.75, and the Nifty traded 50.40 points up at 24,944.30. From the Sensex firm ...Read More >
Mumbai, Oct 3 (PTI) Benchmark indices Sensex and Nifty advanced for the second straight session on Friday, powered by buying in metal and telecom stocks following a firm trend in global markets. After swinging between gains and losses for most of the session, the 30-share BSE Sensex climbed 223.86 points, or 0.28 per cent, to settle at 81,207.17. During the day, the index touched a high of 81,251.99 and a low of 80,649.57, gyrating 602.42 points. As many as 2,710 stocks advanced while 1,490 de ...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 >
New Delhi, Oct 1 (PTI) 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 ...Read More >
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