IndusInd Bank reported a 2% increase in net profit to Rs 2,171 crore for the first quarter ended June 30, 2024. Total income rose, but gross NPAs worsened.

IndusInd Bank announces plans to raise Rs 30,000 crore through debt securities and share sales. The move will see the bank raise Rs 20,000 crore via debt and Rs 10,000 crore through equity.

IndusInd Bank reported a 15% rise in Q4 net profit to Rs 2,349.15 crore, driven by core income growth. The bank also announced a loan growth target of 18-22% for FY25.

IndusInd Bank reported a 15% rise in Q4 profit to Rs 2,349 crore, driven by increased interest income. Gross NPAs improved to 1.92%, while the bank declared a dividend of Rs 16.50 per share.

IndusInd Bank has executed the first programmable e-rupee transaction in Ratnagiri, Maharashtra, paying farmers for carbon credits. This pilot project aims to scale up to 1,000 farmers and explore...

The Central Board of Indirect Taxes and Customs (CBIC) has instructed field offices to exercise caution when attaching bank accounts in customs violation cases, emphasizing a thorough examination...

Strides Pharma Science reported a strong Q1 FY24 performance with a profit after tax of Rs 84 crore, compared to a loss in the previous year. Revenue also grew significantly.

India's government plans to operationalize 12 more airports under the UDAN scheme this year, including Car Nicobar and Shibpur. This expansion will improve regional connectivity and boost tourism.

Adani Wilmar shares climbed 6% on Monday after reporting a strong Q1 net profit of Rs 313.20 crore driven by higher revenue from cooking oils and FMCG products.

AWS opens GenAI Loft in Bengaluru to foster generative AI innovation among startups. The pop-up space offers workshops, demos, and networking opportunities.

India's civil aviation ministry advises airlines to moderate air ticket pricing, addressing concerns about high fares, especially during peak seasons. The ministry emphasizes self-regulation and...

Karnataka Congress government denies permission for BJP-JD(S) foot march alleging scams. Congress to counter politically, while opposition insists on protest.

Punjab National Bank (PNB) shares soared after reporting a record quarterly profit of Rs 3,252 crore, driven by lower bad loans and improved interest income. The stock closed at Rs 126.95, up...

HP launches its most powerful AI PCs, the EliteBook Ultra and OmniBook X, powered by Snapdragon X Elite processor and NPU 6, designed for creators and professionals.

The UK's new Labour government is prioritizing trade with India, announcing a restart of FTA talks aimed at boosting economic growth and creating new opportunities for businesses.