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Goenka Family invests Rs.100 crore to build Nand Kishore Goenka University

New Delhi, July 16 -- Essel Group Chairman, Dr. Subhash Chandra and brothers Laxmi Narain Goel, Shri Jawahar Goel and Ashok Goel, will set up an educational institution on 32 acres of land in Agroha, ... Read More


Paytm shares rally on bonus issue announcement ahead of July 20 board meet

New Delhi, July 16 -- Shares of One 97 Communications Limited (Paytm) were trading higher on Thursday, touching an intraday high of Rs.1,395.90 on the National Stock Exchange before paring gains to Rs... Read More


SEBI releases detailed code of conduct, prescribes disclosure formats for members

New Delhi, July 16 -- The Securities and Exchange Board of India (SEBI) has released the detailed code of conduct for its members, laying down the operational framework for the conflict-of-interest no... Read More


Barclays sees FCNR inflows falling short of market hype

New Delhi, July 16 -- India's efforts to strengthen its external position through the Reserve Bank of India's (RBI) special FCNR(B) deposit scheme have received a more muted response than markets init... Read More


Banks' have to dispose of "specified non-financial assets" acquired from a borrower within 7 years: RBI

New Delhi, July 16 -- Banks' will have to dispose of "specified non-financial assets" (SNFAs), including non-banking assets (NBAs), within a maximum period of seven years acquired from a borrower, who... Read More


Gates Medical Research Institute, Serum Institute ink agreement to manufacture novel TB vaccine

New Delhi, July 16 -- The Gates Medical Research Institute (Gates MRI) and Serum Institute of India Private Ltd (SII) have agreed to manufacture M72/AS01E, a novel tuberculosis (TB) vaccine candidate.... Read More


Jio Financial Services Q1 net profit zooms 156% to Rs.830 crore

New Delhi, July 16 -- Jio Financial Services Ltd's (JFSL) consolidated first quarter (Q1FY27) net profit zoomed 156 per cent y-o-y to Rs.830 crore against Rs.325 crore in the year ago quarter on the b... Read More


NSE to launch derivatives on Nifty India FPI 150 Index from August 12

New Delhi, July 16 -- The National Stock Exchange of India (NSE) has received approval from the Securities and Exchange Board of India (SEBI) to launch Derivatives on the Nifty India FPI 150 Index (NI... Read More


Angel One sees lending, wealth businesses driving next phase of growth

New Delhi, July 16 -- Angel One expects its lending, wealth management and asset management businesses to play a bigger role in growth over the next few quarters, with the company saying nearly 40 per... Read More


Piramal Finance's Q1 FY27 consolidated net profit jumps 67% to Rs.461 crore

New Delhi, July 16 -- Piramal Finance Ltd (formerly known as Piramal Capital & Housing Finance Ltd) reported a 67 per centy-o-y jump in first quarter (Q1 FY27) consolidated net profit at Rs.461 cr... Read More