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HDFC Bank shares slide nearly 30% from peak, hit 52-week low

New Delhi, Aug. 19 -- HDFC Bank shares fell 0.66 per cent to Rs.718.25 on the NSE on Wednesday morning, touching a fresh 52-week low of Rs.718.10, as selling pressure continued to weigh on India's lar... Read More


Shiprocket debuts with 35% premium, touches Rs.144 intraday

New Delhi, Aug. 19 -- Shiprocket Limited made a strong stock market debut on Wednesday, with shares listing at Rs.131 on the NSE and Rs.129.50 on the BSE, representing premiums of 35 per cent and 33.5... Read More


Resilience should be built into banks' design for growth: RBI Dy Guv Murmu

New Delhi, Aug. 19 -- Resilience should be built into banks' design for growth - not bolted on after the expansion has already happened, said RBI Deputy Governor Shirish Chandra Murmu. "As banks grow... Read More


How a free wig initiative is centring the quality of life of cancer patients

New Delhi, Aug. 19 -- In an effort to address the quality of life of cancer patients, especially for the economically disadvantaged, Tata Memorial Centre (TMC), the primary cancer care arm of the Gove... Read More


MPC Minutes: Members opted for "wait and watch" as the economy faces a "hazy" outlook

New Delhi, Aug. 19 -- Even as all six Monetary Policy Committee (MPC) members opted for a "wait and watch" approach at their meeting earlier this month as the economy faces a "hazy" outlook, some of t... Read More


Symbiotec Pharmalab to raise Rs.1,757 cr via IPO

New Delhi, Aug. 19 -- Symbiotec Pharmalab, a leading pharma and biotech company, plans to raise Rs.1,757 crore through initial public offering. The issue will be a combination of a fresh issue and an... Read More


Responsible AI must expand inclusion, not just efficiency: RBI Deputy Governor Murmu

New Delhi, Aug. 19 -- Reserve Bank of India (RBI) Deputy Governor Shirish Chandra Murmu has urged banks to use artificial intelligence (AI) not just to improve efficiency but to expand financial inclu... Read More


Hindustan Zinc raises green power share to 22% of total consumption

New Delhi, Aug. 19 -- Hindustan Zinc, India's largest integrated zinc producer, has increased the share of renewable power in its current overall power consumption to 22 per cent, up from about 18 per... Read More


UpTik hits Rs.12 crore in monthly lending

New Delhi, Aug. 19 -- UpTik, a structured alternative investment platform, has achieved Rs.12 crore in monthly lending, marking another strong step in its rapid growth trajectory and strengthening its... Read More


Foreign capital, corporate bond market key priorities for DEA: Alok Tiwari

New Delhi, Aug. 19 -- The government is working to attract foreign capital and deepen India's corporate bond market, with both emerging as key priorities for the Department of Economic Affairs (DEA), ... Read More