HDFC Bank to keep margins at current levels
HDFC Bank MD emphasizes stability over growth, positive outlook for next 2-3 years post-merger. Focus on quality, slow growth strategy. Plans to raise ₹60,000 crore in infrastructure bonds for cost reduction.
AdaniConneX in talks with banks to raise $900-950 million
AdaniConneX secures $900-950 million loan from MUFG Bank for 1 GW data centre expansion in multiple Indian cities. The loan, with an interest rate above SOFR, aims to support Adani Group's venture into the data centre business.
Dow Jones Industrial Average Hits New High
The Dow Jones Industrial Average reached a new all-time high this week, driven by strong corporate earnings and economic data.
Zomato hikes platform fee by 25% to Rs 5, suspends Intercity Legends service
The food delivery company's stock price has been surging on the back of rising profitability in its core business and the fast growth of its quick commerce arm, Blinkit.
Sterling & Wilson Renewable Energy reports Rs 1.40 crore net profit in Q4
During the fourth quarter of FY24, the company’s total income increased to Rs 1,211.40 crore from Rs 86.36 crore in a year ago.
YES Bank allots 1.28 billion shares to CA Basque
The shares were allotted through preferential allotment route
FPIs Withdraw Over Rs 5,200 Crore In April So Far
According to the data with the depositories, Foreign Portfolio Investors made a net outflow of Rs 5,254 crore in Indian equities this month (till April 19). The major trigger for FPI selling was the tweak in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments.