IndusInd Bank has denied reports that it has stopped onboarding new customers in its microfinance (MFI) segment. In an official statement, the bank clarified that it has not received any directive from the Reserve Bank of India (RBI) to pause MFI customer acquisition.’ As of 9:27 am on April 25, 2025, IndusInd Bank share price was …
As per news reports, Bharti Airtel has approached the Department of Telecommunications (DoT) seeking conversion of its deferred dues into equity. The request has been made under the 2021 telecom reforms package, which allows telecom companies to defer payments and convert the interest component into government equity. As of 9:31 AM on April 25, Bharti …
In a key strategic move aimed at expanding its retail footprint and enhancing brand offerings, Senco Gold Ltd has signed a Master Franchise Agreement with August Jewellery Private Limited (AJPL), the parent company of the omnichannel jewellery brand Melorra. This partnership is set to open new growth avenues for Senco in the fast-evolving branded …
Bandhan Bank Limited has officially announced its upcoming board meeting scheduled for April 30, 2025. The meeting will primarily focus on approving the audited financial results for the financial year ended March 31, 2025, and considering the proposal for a final dividend. Key Details from the Stock Exchange Filing Additionally, the bank has confirmed that …
Hotel stocks took a hit on Friday, with shares falling as much as 6% on the BSE due to concerns about growth in the travel and tourism sector. This decline comes after reports of widespread booking cancellations following a recent terror attack in Pahalgam, Jammu & Kashmir — a popular tourist destination during peak season. …
The Enforcement Directorate (ED) has detained Puneet Jaggi, co-founder of electric cab company BluSmart, in connection with a financial investigation involving Gensol Engineering Ltd. According to sources, Jaggi was picked up from a Delhi hotel on Thursday after the ED conducted searches related to violations under the Foreign Exchange Management Act (FEMA). Raids Across Multiple …
The HUL share price was one of the focus stocks on Friday’s trading session. Hindustan Unilever(HUL), is a key player in India’s FMCG (fast-moving consumer goods) market. But it is no longer shining as brightly as it once did. Compared to its UK-based parent, Unilever PLC, the company’s valuation has dropped sharply in recent months. …
Laurus Labs reported a significant increase in net profit for the fourth quarter of FY25, with profit rising three times to ₹234 crore, compared to ₹76 crore in the same period last year. The growth was driven by strong sales across its business segments. Revenue Sees Consistent Growth The company’s revenue for the March quarter …
Cloud communications firm Tanla Platforms reported a 9.9% decline in net profit for the March quarter (Q4FY25) at ₹117.3 crore, compared to ₹130.2 crore in the same period last year. The quarterly results reflect a lackluster performance, with limited topline growth and stagnant operating margins. Q4 FY25 Performance Tanla’s revenue rose by 1.9% year-on-year to …
On April 25, 2025, Axis Bank share price dropped over 4%, reaching a day low of ₹1151.95 at 10:15 AM, after opening at ₹1183.95 on BSE. The fall in Axis Bank share price follows the release of Q4FY25 earnings on April 24, 2025. The board recommended a dividend of ₹1 per share for FY25 on shares with a face value of …
