New Delhi: Stainless steel pipes and tubes manufacturer and exporter Venus Pipes & Tubes Ltd reported a profit after tax of Rs 23.7 crore for the March quarter against Rs 25 crore in the year-ago period, according to a statement.Revenue of the company surged by 15 per cent to Rs 258.1 crore in the last … Read more
Suryoday Small Finance Bank has joined the growing list of banks that have lowered interest rates on fixed deposits (FDs) recently. The Navi Mumbai-based bank has announced a revision to its fixed deposit (FD) interest rates, which will take effect from June 1, 2025. The bank currently offers the highest interest rate of 9.10% on … Read more
Mumbai: The Indian stock market closed in the red on Tuesday due to profit booking, driven by valuation concerns and weakness across the Asian markets. At the end of trading, Sensex was down 624.82 points or 0.76 per cent at 81,551.63 and Nifty was down 174.95 points or 0.70 per cent at 24,826.20. The decline … Read more
Mumbai: ICICI Bank has officially stopped its PayLater service for UPI payments. This decision is now live for all customers. The service allowed people to make purchases and pay later using UPI. Many users found it useful for small and instant purchases. The bank shared this update on its official website. The closure is part of … Read more
NEW DELHI: State-run telecom giant BSNL on Tuesday reported a net profit of Rs 280 crore for the quarter ended March 31, 2025, marking its second consecutive profitable quarter after nearly two decades. The turnaround comes a year after the company posted a loss of Rs 849 crore in the same quarter. “For the first … Read more
on Tuesday reported a 667% year-on-year (YoY) surge in its consolidated net profit, reaching Rs 463 crore for the March quarter, compared to Rs 60 crore in the same period last year. The profit is attributable to the company’s shareholders. Revenue from operations for the quarter stood at Rs 750 crore, marking a 14% YoY … Read more
has received regulatory approval from the Securities and Exchange Board of India to commence operations as an investment manager for their mutual fund business in India. JioBlackRock Asset Management will bring an innovative investment proposition to the growing number of Indian retail mutual fund investors, as well as to institutional investors in India, according to … Read more
has turned Rs 10,000 monthly SIP to more than Rs 1.6 crore in the last 25 years. That implies a compounded annual growth rate (CAGR) of 11.7% during the same time. The fund, launched on April 25, 2000, caters to investors seeking long-term growth potential and upside of equity, but at lower volatility levels. Aditya … Read more
In a world becoming increasingly reliant on the internet, learning how to protect oneself from online scams is no longer optional but essential. Cybercriminals are constantly evolving their tactics, hoping to exploit any opportunity to trick unsuspecting users into handing over sensitive information, clicking malicious links, or downloading harmful software. From emails that mimic trusted … Read more
MUMBAI: Dutch technology investor Prosus will use a mix of investments and acquisitions to bolster its play in India, where it is seeking to build a portfolio worth $50 billion in the years to come, Group CEO Fabricio Bloisi , who took over the top job in July last year, said. The firm’s approach will … Read more