Depreciation bias on horizon; rupee likely to test 76.50 level this year, says experts

Indian rupee is likely to test 76-76.50 levels as a relatively strong greenback, boiling crude prices…

Vodafone Idea shares tumble over 24% after Kumar Mangalam Birla’s exit

Shares of Vodafone Idea continued to tumble for the fourth consecutive day on Thursday and further…

JSW Energy plans recast, to separate renewables business

With a Rs 70,0000-crore expansion plan in renewable energy under way, Sajjan Jindal-led JSW Energy has…

ED slaps Rs 10,600-cr FEMA contravention notice against Flipkart

The Enforcement Directorate (ED) has issued a show cause notice of about Rs 10,600 crore to…

UnionBank of Philippines selects Infosys Finacle’s digital banking solution suite

UnionBank of the Philippines (UBP) has selected Infosys Finacle’s cloud-based digital banking solution suite. Infosys Finacle…

IBM to set up software lab in Kerala

Thiruvananthapuram: Technology giant IBM on Wednesday announced that it is working to establish a Software Lab…

SBI net profit in Q1 surges 55 pc to Rs 6,504 crore

New Delhi: The country’s biggest bank SBI on Wednesday posted a 55 per cent rise in…

HSBC sees 19% downside in Zomato stock; cuts rating to reduce

After a stellar listing in July that saw its market-capitalisation (market-cap) hit the Rs 1 trillion…

As per CRISIL report, cement demand in India is set to grow by 10% in current fiscal

The recent results of major cement players in the country indicate that they are witnessing healthy…

IPOs fundraise tops Rs 27,000 cr in Apr-Jul; public issues worth Rs 70K cr in pipeline

As many as 12 firms have raised a staggering Rs 27,000 crore through IPO route in…