In addition, the board approved the conversion of an unsecured loan of ₹283 crore, extended to its foreign subsidiary, into equity. The move aims to reduce cash outflows from interest payments, ease working capital constraints, enhance liquidity, and enable the…
Reliance Infrastructure shares hit the 5% upper circuit on Tuesday after its defence subsidiary bagged a ₹600 crore export order from German defence major Rheinmetall.
The company appointed four independent directors to the board – K Narsimha Murthy, Dipali Sheth, Ashish Kapadia and Bharat Khanna. Gautam Hari Singhania, Chairman and Managing Director of Raymond Ltd, will serve as Chairman of Raymond Realty, while Harmohan Sahni…
Lead Research Analyst of BFSI, Ajit Kumar, said the credit growth expectations have come down from 12-13% at the end of FY25 to about 11% now.
The NSE Nifty 50 index surged 200 points, or 0.8%, to settle at 25,245, while the S&P BSE Sensex added 700 points, or 0.85%, to close at 82,756. Both indices rose for a third consecutive session.
The co-location scandal, dating back to 2015 – 2019, alleged that certain brokers secured faster access to NSE’s servers, while the dark-fibre case dealt with misuse of private networking lines giving unfair advantages.
CDSL will partner with IIM Mumbai for some of the high impact research projects aimed at resolving pressing issues within the financial sector, the company said.
Vodafone Idea clarified it hasn’t received any communication from the government regarding the relief of ₹84,000 crore.
According to the IQVIA data dated April 2025, the tablets had an estimated annual sales of $184 million in the US market.
Balaji Subramanian, Vice President of IIFL Capital Services, expects the next round of telecom tariff hikes towards the end of 2025 or early 2026.