IDFC First Bank raised Rs 3,200 crore by selling shares to six insurance companies, including LIC and HDFC Life. The bank allotted more than 39.68 crore shares for Rs 80.63 per scrip.

Interest rate-sensitive auto, realty, and bank stocks surged on Friday after the Reserve Bank of India (RBI) left key interest rates unchanged, focusing on inflation amid robust economic growth.

IDFC First Bank's board approves Rs 3,200 crore fundraise through preferential share issue to fuel business growth. The move will see LIC, HDFC Life, and Aditya Birla Sun Life increase their stakes.

IDFC First Bank shareholders and NCD holders have approved the merger of parent IDFC Ltd with the lender. The amalgamation will create a full-service universal bank with no promoter entity.

Reserve Bank of India (RBI) approves Pradeep Natarajan as Whole Time Director on the Board of IDFC FIRST Bank, the private sector lender.

India's economic survey shows strong growth but highlights concerns over inflation and FDI inflows, according to economists. Experts also discuss the impact of AI on employment and the need for...

Mahindra Logistics Ltd (MLL) reported a 55% decline in standalone profit to Rs 10.15 crore in the April-June quarter due to higher startup costs and expenses.

Mangaluru International Airport sees a 21% surge in passenger traffic in Q1 FY24-25, with Dubai leading international destinations and Bengaluru & Mumbai topping domestic travel. Air India Express...

Central Tool Room & Training Centre (CTTC) will set up mini tool rooms in Odisha to train youth in advanced manufacturing and precision engineering.

Suzlon Group's Q1 PAT nearly tripled to Rs 302 crore on strong revenue growth. The company also boasts a record order book of 3.8 GW. Read more.

India's economic survey shows strong growth but highlights concerns over inflation and FDI inflows, according to economists. Experts also discuss the impact of AI on employment and the need for...

Mahindra Logistics Ltd (MLL) reported a 55% decline in standalone profit to Rs 10.15 crore in the April-June quarter due to higher startup costs and expenses.

India's Chief Economic Advisor criticizes the West's 'one-size-fits-all' approach to climate change, arguing developing nations need their own solutions. Read why.

Mangaluru International Airport sees a 21% surge in passenger traffic in Q1 FY24-25, with Dubai leading international destinations and Bengaluru & Mumbai topping domestic travel. Air India Express...

Central Tool Room & Training Centre (CTTC) will set up mini tool rooms in Odisha to train youth in advanced manufacturing and precision engineering.