RBI crackdown triggers crash in Kotak Bank shares

Mumbai (IANS) Shares of Kotak Mahindra Bank crashed by as much as 12 per cent in morning trade on Thursday to Rs 1,620 on BSE as investors dumped the stock following the RBI crackdown on the lender.

The RBI had, on Wednesday evening, barred…

BMW's another all-electric car launched in India

New Delhi (IANS) Luxury car maker BMW on Thursday launched another all-electric car, BMW i5 M60 xDrive, in India at an ex-showroom price of Rs 1,19,50,000.

The new car comes available in Alpine White as non-metallic paintwork and in the following…

India saw 455 deals worth $25.6 bn in 1st quarter this year: Report

New Delhi (IANS) India saw 455 deals worth $25.6 billion in the first quarter this year, a 24 per cent rise in deal volume as compared to the last quarter (Q4) of 2023, a report showed on Wednesday.

The media and entertainment sector topped…

7 per cent job surge for fresh graduates in India's manufacturing sector: Report

New Delhi (IANS) India's manufacturing industry's intent to hire fresh graduates has jumped to 48 per cent in the first half (January-June) of 2024, an increase of seven per cent from 41 per cent in July-December 2023, a new report showed…

SEBI probes 2 funds for shorting Adani stocks before Hindenburg

New Delhi (IANS) Adani Group stocks remained steady on Wednesday after the Securities and Exchange Board of India (SEBI) initiated a probe against two foreign portfolio investors, including one accused of allegedly shorting stocks in Adani Group companies…

India’s economic activity surges to 14-year high in April: HSBC survey

Mumbai (IANS) India's economic activity surged close to a 14-year high this month on the back of a strong performance of the manufacturing and services sectors, according to an HSBC survey released on Tuesday.

The HSBC composite purchasing…

Tata Elxsi logs 13 pc revenue growth, announces 700 pc dividend for FY24

Bengaluru (IANS) IT major Tata Elxsi on Tuesday declared its fourth quarter results, with 13 per cent revenue growth at Rs 3,552.1 crore and profit before tax (PBT) at Rs 1,048.7 crore for the first time, an 11.9 per cent growth (year-on-year).

Sensex gains more than 300 points

New Delhi (IANS) BSE Sensex gained more than 300 points on Monday as geopolitical tensions eased and crude oil prices declined.

BSE Sensex was trading at 73,446 points, up by 357 points. Wipro and Ultratech Cement are up more than 2 per cent…

Experience unparalleled features with realme NARZO 70 5G & NARZO 70x 5G, fastest smartphones in the segment

New Delhi (IANS) In our daily rush to accomplish numerous tasks simultaneously, it's crucial to have smoothly operating tools and devices to prevent any disruptions in our lives. A single glitch can cause significant delays, particularly with…

Earnings season, global cues to shape market trends

New Delhi (IANS) Markets will continue to focus on the earnings season and global cues in the upcoming week.

Vinod Nair, Head of Research, Geojit Financial Services, said GDP, PMI, and jobless claims data from the US next week will provide…