India’s largest housing finance company, HDFC Ltd, will merge with the largest private sector bank in the country, HDFC Bank, to create an entity with...
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25th Dec 2024 | Updated at 09:36am 25th Dec 2024
India poised to be 3rd largest economy by 2030: S&P
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
Bajaj Housing Finance shares surge 136% on debut
Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...
Gujarat Co-operative Milk Marketing Federation (GCMMF) which markets Amul brand of milk and dairy products has registered a provisional turnover of £4.65 billion for 2021-22. The sales turnover has jumped 18.5 % over the previous financial year....
The Future Retail (FRL) told the Supreme Court that it is ‘hanging by a thread’ while the battle of power and ownership between Amazon and Reliance Industries Limited (RIL) over the company is still going on. The FRL told the court that for...
India's GST revenue in the month of March has hit an all time high of £14.21 billion. The collection during the month is up 15% year-on-year from £12.3,9 billion in March last year.
According to sources, IT major Infosys is shifting its services from Russia to other global delivery centres. The move comes amid mounting pressure on UK Chancellor Rishi Sunak, who has been fielding some tough questions lately over the Russian...
A Gurgaon-based couple became India's first husband and wife to build their respective startups into enterprises with at least $1-billion valuation, also known as unicorns. Oxyzo Financial Services, a digital lending startup co-founded by Ruchi...
Global rating agency Fitch and the United Nations have slashed India’s projected economic growth for 2022. While the UN has downgraded the growth by over 2% to 4. 6%, Fitch slashed forecast to 8.5% for the fiscal 2022-23 from its earlier projection...
RBI’s foreign exchange reserves dipped for the second week as the central bank sold dollars to manage the volatility in the forex market arising out of the war in Ukraine. According to data released by the RBI, forex reserves fell by $2.6 billion...
Gujarat has emerged as the top state in the NITI Aayog’s 2021 Export Preparedness Index for the second time in a row followed by Maharashtra and Karnataka. All three states have performed consistently across pillars, thus consolidating solid...
Led by a strong push by Apple and Samsung to harness benefits and commitments under the government’s production-linked incentive scheme, exports of smartphones are set to cross the $5 billion mark in 2021-22, the record number coming in as companies...
