Page 108 - Latest News

Beware! Cheque bounce can lead to hefty penalty and imprisonment

Keep sufficient funds in account, fill cheque details accurately and legibly, and ensure your signature hasn't changed

Banking system sheltered from wider sector turmoil seen globally: FSDC

FSDC considers the country's banking system to be protected from any spillover from issues in the sector globally, country's economic affairs secretary said

Reserve Bank of India imposes penalty worth Rs 1.75 crore on HSBC

Earlier in April, the central bank had imposed penalties totalling Rs 44 lakh on four cooperative banks

FSDC discusses need for more early warning indicators for economy

'Ensuring financial stability is shared responsibility'

IndusInd Bank rises 3% on UBS upgrade; notches 9% gain in last 3 sessions

IndusInd Bank is likely to get added to the MSCI India Index during the rebalancing exercise in August following a sharp increase in the investment legroom for foreign portfolio investors (FPIs)

Latent View Analytics slumps 9% despite record revenue in FY23; check why

During the March quarter of FY23, Latent View's operating profit fell 3 pe cent QoQ to Rs 141.1 crore, while Ebitda margin shrank to 21.4 per cent from 29.5 per cent

Varun Beverages joins Rs 1 trillion m-cap club; zooms 108% in 11 months

At 10:43 AM; with a market cap of Rs 1.02 trillion, VBL claimed the 48th spot in the overall market cap ranking, the BSE data shows.

India is back with a bang on FIIs mind: Sumit Jain, ASK Investment Managers

Nifty 12-month forward PE is around 23 per cent below peak. Indian equities should find support from robust earnings outlook owing to strength in the domestic economy.

US-based Invesco further slashes Swiggy's valuation to $5.5 billion

The revised valuation represents a massive 49% decrease from the $10.7 billion valuation

Mukesh Ambani's RIL has stock analysts most bullish in seven years

The stock is down 3% so far in 2023 compared with a gain of 1.5% in the S&P BSE Sensex Index, hurt in part by a decline in crude prices

Adani Ports to pay $130 mn of debt early, $413 mn debt tendered for payment

Adani Ports had floated a tender of up to $130 million of 3.375% 2024 maturity dollar-denominated bonds late last month

Air India pilots get more time to accept revised compensation structure

Air India has around 1,800 pilots and a significant chunk of them are yet to sign the revised contracts, according to the report

Govt bailout of Go First unlikely unless engine issue resolved: Dy Minister

Deputy Aviation Minister VK Singh said the government has offered help to US-based Pratt & Whitney

Amara Raja launches gigafactory in Telangana to produce lithium ion battery

This new facility in Telangana by Amara Raja plans to create employment opportunities for nearly 4,500 people and a similar number of indirect jobs

LIVE: Arvind Kejriwal's fight against corruption won't stop, says AAP

Catch live updates from across the globe here

Promises and sops: Political parties woo economically sound Karnataka

State does well in many economic parameters, but freebies promised by parties may spoil its finances

Adani's Mundra port cargo adds Rs 80,732 crore to Customs' coffers

As per company officials, with the rising traffic at the port, the customs department is targeting to earn Rs 1.15 trillion by the end of the ongoing financial year

ICRA downgrades ratings of Shapoorji Pallonji to BBB+, places it on watch

ICRA has downgraded the ratings of Shapoorji Pallonji and Company to BBB+ from A- and placed it on rating watch with developing implications.

Limited downside seen in markets as over half of Nifty500 stks hold 200-DMA

Following a sharp reversal at the end of the April series, the BSE Sensex and Nifty 50 took a breather near to their respective the 200-day moving average (DMA) before offering the next leg of upside

Test - India's gold demand in Jan-Mar drops by 17% due to high prices: WGC

Sharp rise in gold prices and volatility combined with fewer auspicious days to trigger consumption, has led to many households deferring buying perhaps in anticipation of a downward price correction