RBI stated that the action stems from significant concerns noted during supervisory examinations. Edelweiss Financial Services stock plummeted 16% on May 30 after RBI imposed restrictions on two of its …
Company
Paytm clarifies report alleging Adani in talks for stake acquisition.
One97 Communications addresses speculation about Adani Group chairman Gautam Adani’s potential stake acquisition in Paytm’s parent company, emphasizing compliance with SEBI regulations and confirming no ongoing discussions. One 97 Communication …
Zerodha Nifty introduces two passive funds in its Mutual Fund lineup.
Subscription for the new fund offer (NFO) of these schemes is available until June 7. The Zerodha Nifty 100 and Zerodha Nifty Midcap 150 ETFs provide the option to invest …
Adani Group reportedly set to venture into UPI, digital payments, and credit card services.
The report claimed that Adani Group will activate services on their consumer app, Adani One, launched in 2022, upon finalization of these developments. Reportedly, Gautam Adani-led Adani Group could venture …
Billionaire Mukesh Ambani eyes Africa with new telecom venture in Ghana.
Reliance Industries Ltd., led by Billionaire Mukesh Ambani, is expanding into Africa through NGIC, a Ghanaian telecoms firm offering 5G broadband, with strategic alliances including Nokia, Tech Mahindra, and Microsoft. …
Jio Financial Services seeks shareholder nod for its unit to buy telecom gear worth Rs 36,000 crore from Reliance Retail, marking its debut in device leasing. JFS’s subsidiary, Jio Leasing …
ITC’s Q4 earnings: Net profit drops slightly to Rs 5,020 crore; declares dividend.
On Thursday, ITC Ltd announced a standalone net profit of Rs 5,020.20 crore for the March 2024 quarter, marking a 10% year-on-year decline. In the March 2024 quarter,ITC’s Q4 earnings: …
Go Digit stocks debut quietly on the market; listed at 5% premium on NSE
Go Digit Stocks shares had a lackluster debut on Dalal Street Thursday, aligning with anticipated market sentiment based on the company’s grey market premium. Go Digit General Insurance Ltd’s shares …
Report: Reliance to venture into consumer durable goods market with Wyzr brand
The firm has quietly introduced a selection of coolers under the Wyzr brand, now accessible on Flipkart. According to a report, Reliance Industries is set to step into the consumer …