Yes Bank Ltd. is an Indian Private Sector Bank founded in 2005, It has a network of 1198 branches,193 BCBOs and 1287 ATMs. The Bank recently reported strong Q4 FY 2023-23 results with a solid jump of 123% in Net Profits on YoY Basis. The stock jumped 5% today after reporting its earnings and it …
ICICI Securities Ltd, a subsidiary of ICICI Bank operates in the broking business (both retail and institutional), distributes financial products and offers banking services alongside advisory services. There have been reports of its delisting from the stock exchange and merger with ICICI Bank, its parent company. Lawsuit against ICICI Securities Just weeks after gaining shareholder …
On April 27, 2024, TVS Motor Company displayed its electric scooter, TVS iQube, for the first time at the Makina Motoshow in Manila, Philippines. TVS iQube has innovative EV technology, strong build quality and high comfort of a premium scooter with zero tailpipe emission. The scooter is already the choice of about 3,00,000 customers in …
Ircon International Limited (IRCON), a leading construction company under the Ministry of Railways, has secured a significant contract in collaboration with Dineshchandra R Agrawal Infracon Pvt Ltd (DRA). This joint venture, known as Ircon-DRA JV, has been awarded the Letter of Award (LOA) for the construction of a critical railway line segment. Project Details The …
SEBI Asks for Higher Regulatory Fees Based on Notional Value of Options Contracts The crux of the issue lies in the calculation of the regulatory fees that BSE needs to pay to SEBI. Previously, BSE calculated the fees based on the premium value of options contracts. However, SEBI has now mandated that the fees be …
Adani Enterprises Ltd. which is the flagship arm of the Adani Group led by Billionaire Gautam Adani is aiming to expand their data centre business, The Adani Enterprises Ltd. and EdgeConnex are looking to invest around $5Billion for the next 5 years, to develop 1GW of data centre capacity before 2030. It is in talks …
At 10:30 am, the BSE Sensex surged 65%, reaching a level of 74,209. The Nifty 50 index is up 0.44% to the 22,520 level. On the Sensex, IndusInd Bank, ICICI Bank and Kotak Mahindra Bank were among the top gainers, whereas Wipro Ltd, ITC Ltd and HCL Technologies were among the market draggers. Some of …
On Monday, the benchmark indices were trading in the green with the Sensex up around 370 points or 0.50% at 74,090, while the Nifty-50 was up around 65 points or 0.30% at 22,500. About 1,992 shares have advanced; 1,205 declined and 128 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
It was an excellent Friday and week for the Nifty Smallcap Index. The Nifty Smallcap 100 index surged by 4.37% over the week, closing higher in all five trading sessions, with Friday’s session ending at a record high. Interestingly, besides the small-cap index, the India VIX (the volatility gauge for Indian markets) attracted attention as …
The Indian stock market has experienced a turbulent April, with fluctuations driven by various news events. Initial relief from geopolitical tensions was soon overshadowed by reports of slower economic growth in the U.S., where the economy expanded at its slowest pace since the second quarter of the previous year. Adding to the concern, rising inflation …
