CHENNAI: Public sector Indian Overseas Bank (IOB) on Friday reported a 30% growth in net profit at Rs 1,051 crore in the quarter ended Mar 31, 2025, against Rs 808 crore in the corresponding quarter last year. It is the first time that the Chennai-headquartered bank crossed the Rs 1,000-crore mark in net profit during … Read more
In a historic shift, DIIs’ shareholding in Indian stocks is higher that of FIIs In a landmark shift for Indian capital markets, Domestic Institutional Investors (DIIs) have, for the first time, overtaken Foreign Institutional Investors (FIIs) in terms of their shareholding in . As of March 31, 2025, DIIs held a record 17.62% stake, surpassing … Read more
Compound interest is one of the most potent financial concepts that can make a world of difference to how much your investment grows with time. However, myths regarding its working often cloud the minds of investors. Knowing the myths and facts about compound interest is important to make better investment decisions. Here, we aim to … Read more
regulator Sebi on Friday allowed stock brokers to operate in the International Financial Services Centre (IFSC) at GIFT City, without taking its prior approval. Stock brokers proposing to undertake securities market related activities in are permitted to do so under a separate unit (SBU) of the stock broking entity itself. These activities can also be … Read more
Stock exchanges are platforms where buyers and sellers meet to trade stocks, bonds, and other securities. They are a key part of the economy as they allow for the exchange of financial assets. For a layman, how these exchanges work can appear overwhelming. But with some basic understanding of their workings, one can understand the … Read more
on Friday approved issuance of Non-Convertible Debentures (NCDs) worth up to Rs 500 crore on a private placement basis to eligible investors. In an exchange filing today, Tata Motors said that up to 50,000 NCDs of face value Rs 1 lakh each will be issued in two tranches – 7.08% Tata Motors Limited 2028 – … Read more
reported a strong set of numbers in the March quarter as its profit soared 483% YoY to Rs 318 crore as compared to just Rs 55 crore in the year-ago period. Net interest income (NII) for the fourth quarter however came at Rs 2,756 crore compared to Rs 2,859 crore in Q4FY24, representing a degrowth … Read more
New Delhi: India saw an estimated sale of gold jewellery and related items worth approximately Rs 12,000 crore on the occasion of Akshaya Tritiya on Wednesday, the Confederation of All India Traders (CAIT) said. “Based on estimates, gold jewellery and related items worth approximately Rs 12,000 crore were sold across the country today. In addition, … Read more
State-run Indian Oil Corporation on Wednesday reported a net profit of Rs 7,264.85 crore for the January-March quarter of 2024-25, which represents a 50 per cent year-on-year increase over the corresponding figure of Rs 4,837.69 crore in the same period of the previous year. The oil giant’s net profit more than doubled on quarter-on-quarter basis … Read more
have continued to attract inflows in the hybrid category, securing approximately 74% of the net inflows during March 2025, according to Motilal Oswal Asset Management Company (MOAMC) latest study ‘Where the Money Flows’. Balanced advantage and aggressive hybrid funds recorded healthy inflows of around Rs 2,000 crore and Rs 1,000 crore, respectively. Conservative Hybrid was … Read more