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Home  Business

Business

Canara Bank registers Rs 1,011 cr profit in Q4

Canara Bank registers Rs 1,011 cr profit in Q4

  • Credit Suisse India to ramp up IT headcount by over 1,000 this year

    The company employs more than 15,000 in the country and over 49,000 globally as of March.
  • India 2nd largest insurtech market in APAC: Report

    The data showed that at least 335 private insurtechs are operating in Asia-Pacific, with about 122 of them disclosing USD 3.66 billion in aggregate capital raised via private placement deals.
  • Hyderabad an emerging hotspot in data centre space: JLL

    Projects an addition of 66 MW capacity by 2023 from the current levels of 30 MW capacity spread across five assets in the city
  • Sensex recaptures 50,000-level; Nifty above 15,000

    M&M was the top gainer in the Sensex pack, rallying nearly 6 per cent, followed by Bajaj Auto, Titan, Bajaj Finance, HDFC Bank and PowerGrid.
  • Patanjali Ayurved raises Rs 175 cr through NCDs

    Patanjali, which is mainly into fast-moving consumer goods business and ayurvedic medicines, had a total revenue of Rs 9,087.91 crore in 2019-20.
  • Gold gains Rs 333; silver rallies Rs 2,021

    In the international market, gold was trading in the green at USD 1,869 per ounce, while silver was trading flat at USD 28.48 per ounce.
  • Global shares gain despite pandemic, inflation fears

    Regional markets shrugged off data showing Japan's economy contracted at 5.1% annual pace in the last quarter as numbers of new coronavirus cases surged.
  • India consumer internal SSD market surges to record high in Q1

    In the external SSD market, Samsung stood at the top spot with 51 per cent market share followed by WD at 41 per cent.
  • L&T teams up with Hoist Finance for digital banking in Europe

    The consumption-based model offered by the platform will enable banks to stay competitive without worrying about technology cycles, the CEO said.
  • Second COVID-19 surge will delay earnings recovery for Indian companies

    India's largely regional and less stringent lockdowns amid the second wave of coronavirus cases so far have had a limited impact on economic activity.
  • Musk impersonators steal more than $2M in cryptocurrency

    The $2 million figure was revealed in a larger report on cryptocurrency published by the FTC, it added.
  • Wadhwani Foundation announces $1M grant for Covid-relief

    These grants provide medical resources and assistance to COVID-19 patients and their families.
  • T-Hub on-boards nine new service providers

    These new partners will support all T-Hub startups with a suite of services for efficient functioning and will be aligned to the drastically changing needs of startups to grow since the pandemic.
  • PayU India integrates with Zoho Books for seamless payments

    Businesses can simply send invoices with payment links or share invoice links with their customers.
  • Petrol, diesel prices increase after a day’s pause

    Petrol prices have increased by Rs 2.30 a litre in Delhi in May in the 10 increases so far.
  • Rupee opens on flat note, rises 7 paise to 73.15 against US dollar

    The rupee started on a flat to stronger note against the dollar, tracking the weakness of the greenback, Reliance Securities said in a research note.
  • Sensex zooms over 600 pts in early trade; Nifty tests 15,100

    The 30-share BSE index was trading 601 points or 1.21 per cent higher at 50,181.73.
  • Vaccine registration: Startup helps in bridging digital gap

    Fintech startup BANKIT is providing assistance to people in tier 2 and 3 cities to get themselves registered and book appointments for the vaccination
  • Adar Poonawalla exits Panacea Biotec

    As per BSE block deal data, Poonawalla sold 31,57,034 scrips he held in the firm at a price of Rs 373.85 per share.
  • Indian producers to seek regulatory nod for Sputnik V vaccine soon

    So far, Dr Reddy’s has received the first consignment of 1.5 lakh doses on May 1 with imported supplies of the first dose.
  • Sensex, Nifty log best single-day gains in 7 weeks

    On the Sensex chart, IndusInd Bank was the top gainer, rallying over 7 per cent, followed by SBI, ICICI Bank, HDFC Bank, Axis Bank, HDFC and Bajaj Finserv.
  • Panacea Biotec files suit against Sanofi for patent infringement

    The EasySix vaccine comes in a pre-filled syringe and is used to vaccinate against Diphtheria, Tetanus, Whooping Cough, Hepatitis B, Haemophilus influenza Type B and Inactivated Polio.
  • Pvt equity investor KKR invests $95 million in Lenskart

    Established in 2010, the company today is the largest service provider for eyewear in India.
  • Healthcare edtech firm Virohan raises USD 3 mn in Series A funding

    It aims to strengthen the Indian healthcare system by creating trained allied healthcare workforce.
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