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.

Telecom infrastructure stocks fell after India raised import duty on telecom equipment to boost domestic manufacturing. HFCL, Vodafone Idea, Tejas Networks and ITI were among the decliners.

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.

Tech Mahindra unveils Project Indus, a large language model (LLM) designed for Indic languages, focusing on Hindi and its dialects. The project aims to redefine AI solutions across various industries.

GIFT City and TiE collaborate to foster entrepreneurship, attract investments, and create a thriving business ecosystem in India. The partnership aims to drive economic growth and provide...

Aditya Birla Group aims to reach USD 25 billion in consumer business revenue in the next 5 years, driven by diversification and portfolio strengthening. The group is focused on financial services,...

Sebi confirms its order against 12 entities, including V Marc India's promoter, for a fraudulent scheme to manipulate stock prices.

Network Planning Group (NPG) has evaluated 5 infrastructure projects, including road and rail, under the PM GatiShakti initiative, focusing on integrated planning.

Fortune Wealth aims to raise Rs 500 crore for its multi-cap portfolio fund within 5 months. The fund, launched in June 2024, has already gathered Rs 320 crore.

India Post commemorates the 25th anniversary of Kargil Vijay Diwas with a special postage stamp, honoring the bravery of Indian armed forces.

Finance ministers from G20 nations agree to work toward taxing the super-rich, a significant step toward addressing global inequality. Brazil's proposal for a 2% minimum tax on billionaires is...

Aditya Birla Group aims to reach USD 25 billion in consumer business revenue in the next 5 years, driven by diversification and portfolio strengthening. The group is focused on financial services,...

Sebi confirms its order against 12 entities, including V Marc India's promoter, for a fraudulent scheme to manipulate stock prices.

Network Planning Group (NPG) has evaluated 5 infrastructure projects, including road and rail, under the PM GatiShakti initiative, focusing on integrated planning.

Fortune Wealth aims to raise Rs 500 crore for its multi-cap portfolio fund within 5 months. The fund, launched in June 2024, has already gathered Rs 320 crore.