
IndusInd promoter urges shareholders not to panic, says issue will be resolved
Ashok Hinduja, Chairman of IndusInd International Holdings, noted that IndusInd Bank’s capital adequacy remains at over 15% even after the recent provisioning.

Ashok Hinduja, Chairman of IndusInd International Holdings, noted that IndusInd Bank’s capital adequacy remains at over 15% even after the recent provisioning.

IndusInd Bank’s larger private peers, including HDFC Bank, ICICI Bank and Kotak Mahindra Bank are trading at 2.3 times to 2.5 times their one-year forward…

According to ICICI Securities, the recent decline in Tata Communications stock has made valuations compelling, and risk-reward favorable.

Persistent Systems was added to CLSA’s “high-conviction outperform” list with a price target of ₹9,267. The price target implies a potential upside of 79% from…

Record date for determining the shareholders who are entitled for the said dividend is yet to be fixed.

In India, 24-carat gold prices dropped by ₹330 per 10 grams to ₹87,490. Meanwhile, 22-carat gold rates rose by ₹300 to ₹80,200 per 10 grams.

With slowing earnings, weaker inflows, and rising global competition for investments, Indian equities may face a challenging few years, making selective stock picking essential.

Shriram Subramanian, Founder and MD of InGovern Research said auto companies often source parts and components from subsidiaries or joint ventures, but this transaction raises…

On Monday (March 10), the rupee sank 36 paise to close at 87.31 against the US dollar.

Infosys is the biggest laggard, down 4%, while heavyweight peers TCS and Wipro are also trading lower. In the Midcap IT segment, Mphasis, Coforge, and…