The central government is waiting for the stock market, which has become volatile in the wake of the Russian invasion of Ukraine, to stabilise before going ahead IPO of insurance behemoth LIC, official sources said. This has triggered prospects...
-
12th Jan 2025 | Updated at 03:50pm 12th Jan 2025
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...
India’s foreign exchange reserves rose by $394 million to $631.9 billion in the week ended March 4, according to data released by the RBI. India currently has the fifth largest holdings of international reserves in the world, RBI deputy governor...
India's gross domestic product (GDP) growth is expected to come in at 7.8 per cent in fiscal 2023, said ratings agency Crisil. According to the agency,...
Strengthening the hold of India-origin professionals across corporate America, Ford Motors announced the appointment of Punjab-born Kumar Galhotra as its global president of non-electric automobile business, which clocks annual revenues in excess...
A day after her anticipatory bail application was rejected by the court, the CBI on Sunday arrested Chitra Ramkrishna, the former MD and CEO of National Stock Exchange, in the co-location scam.
In a surprise development, Amazon, Biyani Group and Reliance Retail, have engaged in a multi-forum litigation for control of Future’s retail empire, agreed to attempt a settlement after the Supreme Court warned that a judicial verdict could...
Reliance Industries has agreed to acquire 50.1% stake in Sanmina SCI India for £167 million, strengthening its play in electronics manufacturing. The remaining...
Travel industry veteran Sanjiv Kapoor has been appointed as the new chief executive of Jet Airways by the Kalrock-Jalan consortium, the grounded airlines’...
Months after handing out the majority ownership to the government in lieu of statutory interest payments, beleaguered Vodafone Idea announced a fund-raise...
The government has appointed Madhabi Puri Buch as the chairman of markets regulator Sebi with an initial term of three years. Buch, the first woman to be a whole-time member at Sebi, will now be the first woman to lead a financial regulatory...
