Business
Limited upside potential for Nifty in next 12 months due to rich valuations
December 23, 2023
Limited upside potential for Nifty in next 12 months due to rich valuations
The Nifty 50 index is now trading at 23x FY24 and 20x FY25 consensus EPS, indicating limited upside potential in…
FPIs big buyers in financial services
December 23, 2023
FPIs big buyers in financial services
FPI inflows, which were negative in the previous three months, have sharply turned positive in December, says V.K. Vijayakumar, Chief…
Govt grants LIC exemption from 25% public shareholding rule till 2032
December 22, 2023
Govt grants LIC exemption from 25% public shareholding rule till 2032
Government-owned Life Insurance Corporation of India (LIC) said on Thursday that the Finance Ministry has granted it a one-time exemption…
RBI directs banks to roll out Card-on-File token facility for customers
December 21, 2023
RBI directs banks to roll out Card-on-File token facility for customers
The RBI has issued a circular to all banks for introducing the Card-on-File (CoF) token facility at the level of…
Musk’s X faces major outage globally, including India
December 21, 2023
Musk’s X faces major outage globally, including India
Elon Musk-run X (formerly Twitter) on Thursday faced a major outage globally, including in India, with users complaining that they…
Petrol & diesel prices decline in India, rise in neighbouring & western countries
December 20, 2023
Petrol & diesel prices decline in India, rise in neighbouring & western countries
While petrol and diesel prices in India have come down between November 2021 and November 2023, the prices of the…
Valuations in mid & small cap segments are excessive, warn analysts
December 20, 2023
Valuations in mid & small cap segments are excessive, warn analysts
Even as the holidays are fast approaching, the market is not in a holiday mood — it is consolidating, but…
Paytm offers exclusive discounts on flight tickets for Dubai Shopping Festival
December 19, 2023
Paytm offers exclusive discounts on flight tickets for Dubai Shopping Festival
One97 Communications Limited (OCL) that owns leading payments and financial services company Paytm, on Tuesday announced great discounts on flight…
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
December 18, 2023
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-banking financial…
Zee asks Sony to extend deadline for merger
December 18, 2023
Zee asks Sony to extend deadline for merger
Zee Entertainment has asked Culver Max Entertainment, formerly known as Sony Pictures Network India, to extend the date required to…