RBI slaps ₹29.6 lakh fine on PNB for customer service lapses
Shares of Punjab National Bank ended at a price of ₹99.38, up 0.6%.
Uncategorized
IndusInd Bank appoints Santosh Kumar as Deputy CFO, Arun Khurana relieved of additional CFO duties
Kumar, who currently serves as Chief Accountant, will also be designated as a ‘Key Managerial Personnel’ of the bank. In this capacity, he is authorised to head the finance and accounts functions of IndusInd Bank until a full-time CFO is…
Debt funds are back: Double-digit returns, policy tailwinds spark fresh interest
The strong showing in the debt market is closely tied to the Reserve Bank of India’s recent monetary policy decisions. In a bid to support growth amid global uncertainty and softening inflation, the RBI has cut the interest rates twice…
American Express affirms outlook as high-end spending stays strong
Amex still anticipates full-year revenue growth of 8% to 10% and earnings of $15 to $15.50 per share, the firm said in a statement Thursday, although it cautioned the ranges are “subject to the macroeconomic environment.”
Infosys to acquire MRE Consulting, The Missing Link to expand global footprint
Infosys has approved the acquisitions of MRE Consulting in the US and The Missing Link in Australia, strengthening its digital and cybersecurity capabilities amid muted Q4 earnings and cautious FY26 outlook.
Infosys Q4 attrition ticks up to 14.1%; headcount largely stable with marginal rise
Attrition rose to 14.1% in the quarter ended March 31, 2025, from 13.7% in the previous three-month period, according to an exchange filing by the company. The rise of 40 basis points comes even as the IT major reported an…
HDFC Life posts strong FY25 growth despite Q4 APE miss
HDFC Life Insurance has reported a robust performance for FY25, with a notable 18% growth in individual annualised premium equivalent (APE) and a 13% increase in the value of new business (VNB). Shares of HDFC Life ended at ₹720.10 apiece,…
Ajax Engineering shares rise 5% after Nuvama projects price target of ₹800 on continued outperformance
Nuvama mentioned that Ajax’s competitive advantages like better cost efficiency, quality, and increasing mechanisation will build up its growth edifice.
NHPC board to consider ₹2,000-crore bond issue on April 23
The board is set to meet on April 23, 2025. Shares of NHPC Ltd ended at ₹84.98, down by ₹0.33, or 0.39%, on the BSE.
Zydus Lifesciences hit by US Court ruling in Myrbetriq patent case; Jury trial looms in 2026
The litigation was initiated by Astellas Pharma against Zydus Lifesciences concerning the validity of the ‘780 patent’, which covers a sustained release formulation of ‘mirabegron’. The court’s decision marks a preliminary win for Astellas in the ongoing dispute.