Stay Connected. Stay Informed.
Business
After an almost quiet September for first 21 days due to the GST 2.0 transition, October witnessed a swift rebound. File. | Photo Credit: Reuters Overall automobile Retail sales in October 2025 rise 40.5% YoY, hitting all time high as per data released by Federation of Automobile Dealers Association (FADA). 2Ws grew 51.76% YoY to…
Representative image. File | Photo Credit: Reuters India plans to retain a cap on voting rights for large shareholders in domestic banks, two sources said, signalling New Delhi’s attempts to liberalise the financial sector and draw more foreign investment, will stay limited in scope. Reserve Bank of India (RBI), the country’s banking regulator, initiated a…
Read More “Large bank shareholders’ voting cap said to remain” »
Access Denied You don’t have permission to access “http://www.ndtv.com/india-news/growws-rs-6-632-crore-ipo-subscribed-1-64-times-on-day-2-9587926” on this server. Reference #18.6824c317.1762441556.f777be31 https://errors.edgesuite.net/18.6824c317.1762441556.f777be31 Source link
Finance Minister Nirmala Sitharaman addresses the 12th SBI Banking and Economics Conclave 2025, in Mumbai, on November 6, 2025. Picture: X/@nsitharamanoffc Finance minister Nirmala Sitharaman on Thursday (November 6, 2025) asked banks to adhere to system driven lending practices and learn from the past so that financial discipline is not threatened. “We have many self-reliant…
Read More “India needs big, world-class banks: Nirmala Sitharaman” »
FILE PHOTO: The logo of Securities and Exchange Board of India (SEBI) is seen on its headquarters in Mumbai, India, September 6, 2024. REUTERS/Francis Mascarenhas/File Photo | Photo Credit: Reuters Markets regulator Securities and Exchange Board of India (SEBI) has amended rules revamping the share-allocation framework for anchor investors in maiden public offerings, a move…
Access Denied You don’t have permission to access “http://www.ndtv.com/business-news/nithin-kamath-praises-groww-ipo-says-20-applications-from-zerodha-users-9585991” on this server. Reference #18.6824c317.1762429479.f3496ecd https://errors.edgesuite.net/18.6824c317.1762429479.f3496ecd Source link
ArcelorMittal follows a January-December financial year. File | Photo Credit: Reuters Steel and mining major ArcelorMittal on Thursday (November 6, 2025) reported a 31.35% rise in net income to $377 million in the September quarter. The Luxembourg-based company had posted a net income of $287 million in the year-ago period. The net income is attributable…
Read More “ArcelorMittal net income rises 31% in Sepember quarter” »
State Bank of India (SBI), said it has decided to divest 3,20,60,000 equity shares, being equivalent to 6.3007% of total equity capital of SBI Funds Management Limited (SBIFML) through Initial Public Offering (IPO), subject to regulatory approvals. Amundi India Holding, the other promoter of SBIFML, will divest 1,88,30,000 equity shares, being equivalent to 3.7006% of…
Read More “SBI decides to divert 6.3% stake in SBI Fund Management via IPO” »
Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group. File | Photo Credit: Reuters Reliance Group chairman Anil Ambani has been summoned again by the Enforcement Directorate (ED) for questioning next week in an alleged bank fraud-cum-money laundering case, according to sources. The 66-year-old businessman was questioned by the federal probe agency in August….
Read More “ED summons Anil Ambani to depose on November 14” »
The international demand for Indian services improved further, as signalled by another increase in external sales. File | Photo Credit: Getty Images/iStockphoto India’s services sector growth witnessed the slowest pace of expansion in five months in October, as competitive pressures and heavy rains in parts of the country led to a slower increase in output, according…
