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Home  Business

Business

Vijay Shekhar Sharma, Paytm promoter, to repurchase 10.3% stake from Antfin for USD 628 million

Vijay Shekhar Sharma, Paytm promoter, to repurchase 10.3% stake from Antfin for USD 628 million

  • IIT Hyderabad, Kathmandu University to offer joint doctoral programme

    Many more decisions to strengthen the ties between the two Institutes were taken during the recent visit of the IIT-H delegation to KU.
  • Equity markets climb in early trade

    The 30-share BSE Sensex climbed 210.43 points to 65,931.68 in early trade. The NSE Nifty advanced 66.1 points to 19,583.10.
  • Rupee rises 10 paise to 82.71 against US dollar

    However, sustained foreign fund outflows and strength of the American currency in the overseas market dented investor sentiments, forex traders said.
  • Singapore embraces green initiatives amid oil industry decline

    Singapore is one of the most important oil trading and refining centres in the world. In fact, it is one of the top three oil trading and refining centres in the world.
  • Jio gets USD 2.2 bn fund support from Swedish Export Credit agency to finance 5G roll-out

    The company has largely procured telecom gears from Swedish firm Ericsson and Finnish company Nokia to deploy its 5G network
  • After retail and telecom, Ambani casts eye on financial services, new energy business

    The recently demerged Jio Financial Services Ltd will leverage the prowess of digital and retail businesses, Ambani said in the latest annual report of Reliance
  • Reliance seeks shareholder nod to appoint Ambani as head for another 5 years at nil salary

    In a special resolution, Reliance sought the nod of shareholders to appoint Ambani as the head of the company till April 2029
  • HDFC Bank’s Jagdishan highest paid bank CEO in FY23 with Rs 10.55 cr pay

    HDFC Bank's Sashidhar Jagdishan has emerged as the highest-paid bank chief executive in FY23, grossing over Rs 10.55 crore in overall pay
  • Profit of PSU banks more than doubles to Rs 34,774 cr in Q1

    PSBs have once again posted stellar performance by registering more than double profit of Rs 34,774 crore for the first quarter ended June 2023
  • RIL’s contribution to national exchequer crosses Rs 5 trillion in last three years

    Reliance's contribution to national exchequer stood at Rs 1,77,173 crore in FY23, marginally down from Rs 188,012 crore of FY22
  • Credit facilities extended to Videocon caused loss of over Rs 1,000 crore to ICICI Bank: charge sheet in Kochhar case

    The over 10,000 pages-long charge sheet was filed recently before a special court for the Central Bureau of Investigation cases here
  • IndiGo commences non-stop flight to Nairobi

    No-frills airline IndiGo on Saturday commenced its air services to the African market with the launch of a non-stop flight to Nairobi
  • Govt faces soaring 163% surge in smuggling-related losses over last decade

    The financial impact reached a colossal Rs 58,521 crore (up from Rs 22,230 crore) across five critical industries which included alcoholic beverages, mobile phones, FMCG-household and personal goods, FMCG-packaged foods and tobacco products.
  • FPIs have turned sellers in Indian market after 3 months

    After sustained buying for three months, FPIs have turned sellers in the Indian market, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
  • Sebi reduces time limit for AIFs, VCs to invest overseas to 4 months

    Sebi on Friday reduced the validity period of approval given to alternative investment funds and venture capital funds for making overseas investments
  • Sebi provides clarity on online resolution of disputes framework

    Sebi on Friday provided more clarity on the framework concerning online resolution of disputes in the Indian securities market
  • Forex reserves drop by USD 3 bn to USD 603.87 bn in 2nd consecutive weekly decline

    India's forex reserves dropped by USD 3.165 billion to USD 603.87 billion for the week ended July 28, the RBI said on Friday
  • Go First insolvency: NCLT directs RP to file details on recent developments

    NCLT directed the resolution professional of cash-strapped grounded airlines Go First to submit details of the subsequent developments
  • Britannia Q1 net profit rises 35.65% to Rs 455.45 cr

    Britannia Industries Ltd on Friday reported a 35.65 per cent rise in consolidated net profit at Rs 455.45 crore for the first quarter ended June 2023.
  • Markets halt 3-day losing run; Sensex, Nifty settle nearly 1 pc higher

    Equity benchmark indices Sensex and Nifty snapped their three-session losing streak to close nearly 1 per cent higher on Friday.
  • Guar seed futures rise on spot demand

    Guar seed prices on Friday increased Rs 50 to Rs 5,719 per 10 quintals in futures trade after speculators widened their positions following a firm trend in the spot market.
  • Zinc futures down on muted demand

    Zinc prices on Friday fell by 0.13 per cent to Rs 223.20 per kilogramme in the futures trade as speculators reduced their exposure taking negative cues from the spot market.
  • SBI Q1 profit jumps over two-fold to Rs 16,884 cr

    The country's biggest bank SBI on Friday posted over two-fold jump in standalone net profit at Rs 16,884 crore for the first quarter of the current financial year.
  • Ransomware cyberattacks in India have more than doubled in the first half of 2023

    While India saw a lesser rise in crypto attacks, there has been a huge growth in ransomware and IoT attacks overall.
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