on Tuesday became the third Indian company to cross the Rs 15 lakh crore mark in market capitalisation, joining the elite club alongside and (TCS). The market cap of HDFC Bank hit Rs 15,01,289.37 crore, supported by consistent share price appreciation to Rs 1961.90 and strong investor interest. at Rs 10.08 lakh crore and at … Read more
Moon Beverages, a leading Coca-Cola bottler in India and part of the diversified MMG Group , is weighing an Initial Public Offering ( IPO ) to fuel its ambitious growth plans, a top company executive said. According to PTI, Moon Beverages aims to double its revenue within the next three to four years, driven by … Read more
IT services company has reported a net profit of Rs 4,307 crore in the fourth quarter of FY25, which was up 8% from Rs 3,986 crore in the last year quarter. Revenue from operations in the reporting period rose 6% YoY to Rs 30,246 crore. The Board has declared an interim dividend of Rs 18 … Read more
Building financial resilience is essential in today’s unpredictable economy. It’s all about having a solid financial base that can weather unexpected challenges and offer stability. By adopting some strategies, you can make yourself better equipped to deal with financial shocks and secure your future. Here are five timeless strategies that can help you build financial … Read more
Managing cash flow effectively is essential for financial stability and growth. By implementing timeless budgeting strategies, you can gain better control over your finances, ensuring that expenses don’t exceed income. Here are five practical approaches to mastering cash flow and how you can apply each strategy to everyday financial management. Take a look. Track every … Read more
Ahmedabad: Adani Data Networks Limited (ADNL), a wholly-owned subsidiary of Adani Enterprises Limited (AEL), on Tuesday announced that it has signed definitive agreements with Bharti Airtel Limited and its subsidiary Bharti Hexacom Limited to transfer the rights to use 400 MHz of spectrum in the 26 GHz band. The spectrum covers six telecom circles — Gujarat … Read more
The government’s decision to impose 12 per cent safeguard duty on select categories of flat steel imports for 200 days could provide respite to the domestic primary steelmakers grappling under the pressure of low-cost imports, a Crisil report said on Tuesday. With the duty intervention and relatively favourable input costs, the Ebitda per tonne of … Read more
BENGALURU: Electric two-wheeler maker Ather Energy has trimmed its IPO size in the final stretch before listing, signaling a calibrated approach to capital raising amid muted market sentiment for new-age hardware startups. In its red herring prospectus (RHP) filed with Securities and Exchange Board of India (Sebi) on Tuesday, Ather has slashed the primary component … Read more
As many as 9 Indian banks have been recognised as ‘Digital Champions’ among 40 banks that received the title globally, according to the Deloitte Global Digital Banking Maturity (DBM) survey released on Tuesday. Since 2022, India’s DBM Index has grown from 43 per cent to 59 per cent, witnessing a 16-percentage-point (pp) increase. Indian banks … Read more
PTC Web Desk: For the first time in history, gold prices in India have surged past the Rs 1 lakh mark per 10 gram, reaching Rs 1,01,350 (excluding taxes) on Tuesday, as a culmination of global economic tensions and domestic demand dynamics. When taxes such as GST (3%) are included, the price rises by an additional … Read more