Indian Overseas Bank (IOB) and Central Bank of India (CBI) shares jumped 18% and 16%, respectively, in early trade on Tuesday amid reports that the government has shortlisted these banks for privatisation. Indian Overseas Bank touched a 52-week high

Oil India Ltd reported 9.09% higher consolidated net revenues for the Mar-21 quarter at Rs3,909.61cr. On a sequential basis, net sales revenues were up 56.56% compared to total revenues in the Dec-20 quarter at Rs2,497.24cr. Full-year revenues for FY

Infosys 40th AGM was held on 19th June 2021. Here are the highlights of the same. Management Commentary on FY21 Performance Salil Parekh, CEO and MD, said, the company has been able to deliver 5% revenue growth in constant currency in FY21

Mumbai Mayor, Kishori Pednekar said there will be no hike in Property tax in Mumbai till the Covid situation continues. The development came after the Brihanmumbai Municipal Corporation (BMC) proposed a hike in property tax. The mayor reject

Diversified financial services player Centrum Group on Friday said it has received in-principle approval from the Reserve Bank of India (RBI) to take over the troubled cooperative lender PMC Bank and re-launch it as a small finance bank. RBI Actio

PNB Housing Finance share hits lower circuit on Monday after the Securities Exchange board of India (SEBI) restrained PNB Housing Finance to go ahead with shareholders’ approval on the proposed Rs 4, 000 crore deal with Caryle Group and directed th

Since 18 May, the shares of DHFL, which is undergoing insolvency proceedings at the National Company Law Tribunal (NCLT), have been rising consistently. In June alone, the stock rose 27% after rallying 17% in May. However, the rally faded

Jargon is the biggest hurdle to every new investor, particularly when it comes to those who want to invest in stocks. For that reason, it's important that before someone starts focusing on losses and gains, or the BSE versus the NSE, it's important t

The Reserve Bank of India (RBI) governor Shaktikanta Das addressed a press conference today and this was the second bi-monthly Monetary Policy Committee (MPC) meeting for this fiscal year. Governor Shaktikanta Das announced the MPC's decision after i

The bulls have won the race and have taken charge of Indian markets, pushing the Nifty50 to record highs on May 28 even as the market cap of BSE-listed companies has gone past $3 trillion for the first time. The Nifty touched a record high of 15,4

What is MSCI Index India? The MSCI India Index is designed to measure the performance of the large and midcap segments of the Indian market. With 96 constituents, the index covers approximately 85% of the Indian equity universe. The MSCI India Ind

The Indian economy has performed relatively better than expected in 2HFY2021. The efforts taken by the GoI in the FY22 Budget marked the clear path for driving growth whilst compromising on fiscal prudence in order to drag the economy out of the Covi