Shriram Finance shares climbed over 5% after announcing the sale of its housing finance arm to Warburg Pincus for Rs 4,630 crore. The deal will allow Shriram to focus on vehicle finance and small...

Shriram Finance has sold its housing finance arm, Shriram Housing Finance, to Warburg Pincus for Rs 4,630 crore. The deal is expected to be completed by March 2025.

Shriram Finance has agreed to sell its housing finance subsidiary, Shriram Housing Finance Limited (SHFL), to Warburg Pincus for Rs 4,630 crore. The deal is expected to be completed in February 2025.

Telecom infrastructure providers are seeking input tax credit on telecom towers, increased tax depreciation rate, and TDS rationalization in the Union Budget 2024.

The Chatterjee Group (TCG) has launched Food Technology and Science Institute (FTSI) to develop high-quality, nutrient-rich food ingredients catering to health-conscious consumers.

Indian stock markets closed lower on Monday due to muted earnings and caution ahead of the Union Budget. Reliance Industries and Kotak Bank led the decline.

Gold prices in India rose by Rs 100 to Rs 75,650 per 10 grams on Monday, driven by increased buying from jewellers and a firm trend in global markets. Silver prices, however, plunged by Rs 600.

CII official highlights the Economic Survey's positive outlook on India's growth model, emphasizing the crucial role of MSMEs and microfinance in driving progress.

Sensex and Nifty fell on Monday ahead of the Budget, with Reliance Industries and Kotak Mahindra Bank leading the decline. Global market weakness also weighed on sentiment.

India's Economic Survey projects growth of 6.5-7% in FY25, driven by strong macroeconomic fundamentals and a robust real estate sector. CBRE highlights the key indicators driving this growth.

Indian stock markets closed lower on Monday due to muted earnings and caution ahead of the Union Budget. Reliance Industries and Kotak Bank led the decline.

India's trade deficit is expected to decline further due to PLI schemes, increased exports, and free trade agreements. Economic Survey highlights challenges and opportunities for India's external...

Shakti Pumps reports a significant jump in Q1 net profit to Rs 93 crore, driven by increased revenue and a strong order book. The company's revenue from operations rose four-fold during the quarter.

India's e-commerce growth faces hurdles from data privacy concerns and rising online fraud, highlighting the need for user education and strong cybersecurity measures, according to the Economic...

Chief Economic Advisor V Anantha Nageswaran says Indian households are investing more in financial assets, boosting their savings and contributing to market growth.