L&T Finance has partnered with boAt to offer a free smartwatch to every customer who takes a two-wheeler loan from L&T Finance. As per the company, the partnership reflects boAt’s commitment to making wearable technology more accessible to Indian consumers, while also aligning with L&T Finance’s focus on providing a lifestyle upgrade to its customers. …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic stock markets witnessed a volatile trading session on Wednesday with headline indices dancing between gains and losses. At the end of the day, S&P BSE Sensex added 54 points or 0.9% to settle at 59,085 while the NSE Nifty 50 index jumped 27 points …
The oil ministry has ordered the diversion of natural gas from industries to the city gas distribution sector to cool CNG and piped cooking gas prices that have shot up by 70 per cent on the use of imported fuel. Less than three months after it ordered the use of costlier imported LNG to meet …
Sensex and Nifty opened in the green on Monday — the first trading session of the month — and after battling initial volatility remained comfortably in the control of bulls for the entire day. On closing, S&P BSE Sensex zoomed 545 points or 0.95% to end at 58,115, while the NSE Nifty 50 index settled …
Investment in the Indian capital markets through participatory notes declined to Rs 75,725 crore at the end of July, the lowest level in nearly two years, mainly in the wake of aggressive rate hikes by the US Fed. This also marks the third consecutive monthly decline in investment numbers. Also read: Stocks to buy: Kansai …
Capital markets regulator Sebi has granted in-principle approval for change in control of HDFC Asset Management Company along with change in one of the co-sponsors of HDFC Mutual Fund from HDFC Ltd to HDFC Bank. The change in control will happen following the merger of HDFC and HDFC Bank. Also Read| Nifty holds 17350 after …
Rakesh Jhunjhunwala portfolio stock India Hotels Company (IHCL) jumped 1 per cent on Wednesday, after the the company reported a consolidated net profit of Rs 170 crore for the quarter ended June 2022, mainly due to surge in demand as the occupancy and rates exceeded pre-COVID levels. IHCL’s revenue surged by 249.45 per cent to …
SBIN (standalone) reported a 7% y-o-y decline in Net Income owing to MTM losses. Core PPOP (+14.4% y-o-y) was 3.6% below our estimate, as a weaker than expected NIM (13bp q-o-q decline) drove weakness in NII (+13% y-o-y, 6% below estimate). Fee income was better (+18% y-o-y), while expenses were controlled (+1.4% y-o-y) resulting in …