Business

Essar Renewables lines up Rs 8,000 crore green push in Maharashtra

Business
NEW DELHI: Essar Renewables Ltd (ERL) has signed an MoU with the Maharashtra government envisaging an investment of Rs 8,000 crore...

Vande Bharat sleeper much better than Rajdhani; 50 new Amrit Bharat trains soon: ICF GM U Subba Rao shares exclusive details of Indian Railways...

Business
Indian Railways new trains Vande Bharat sleeper will be much better than Rajdhani Express trains in terms of speed and ride comfort,...

Nazara to raise Rs 495 crore through 5.4% stake sale to Axana Estates

Business
Nazara Technologies announced on Monday its plans to secure Rs 495 crore through a 5.4% stake sale to Axana Estates, an...

Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income – here’s why

Business
Budget 2025: Shetty advocates for a 30% flat deduction on gross income with a ₹15 lakh ceiling on deductions. Budget 2025 income...

UCO bank announces 27% increase in net profit for Q3

Business
NEW DELHI: State-run UCO Bank has reported a 27.1 per cent annual increase in net profit for the third quarter of...

Stocks on brokerages’ radar for January 21

Business
Nomura maintained its ‘buy’ rating on Kotak Mahindra Bank but cut the target price from Rs 2,170 to Rs 2,110 (+10%)...

Paytm Q3 results: Company reports loss of Rs 208 crore, 36% decline in revenue

Business
NEW DELHI: One97 Communications, the parent company of Paytm, reported a consolidated loss of Rs 208.5 crore for the third quarter...

Bitcoin rises to fresh record ahead of Trump inauguration in US

Business
Bitcoin reached an all-time high of $109,241 as the US prepares to inaugurate pro-crypto President-elect Donald Trump. The original cryptocurrency rose...

Stocks on brokerages’ radar for January 20

Business
Bernstein maintained its ‘outperform’ call on Infosys with a target price of Rs 2,330 (+28%). Analysts said that during the Oct-Dec...

India’s foreign exchange reserves hit 10 month low at $625 billion

Business
NEW DELHI: India’s foreign exchange reserves have dropped for the sixth straight week, reaching a ten-month low of $625.87 billion as...

Punjab & Sind Bank to raise Rs 2,000 crore via QIP this quarter: MD & CEO Swarup Kumar Saha

Business
NEW DELHI: State-owned Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement (QIP) during the ongoing...

Kotak, RBL feel pain of microfinance defaults

Business
MUMBAI: Private banks continue to feel the pain of defaults in the microfinance segment. Kotak Bank and RBL Bank which declared...
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