Business

Budget 2024: No major changes expected in taxation relating to the capital market

Budget 2024: No major changes expected in taxation relating to the capital market

 Geojit Financial Services Chief Investment Strategist V. K. Vijayakumar said in the near-term, expectations regarding the budget will influence the…
SBI Card shares down more than 5% after stock downgraded

SBI Card shares down more than 5% after stock downgraded

SBI Cards and Payment Services shares were down more than 5 per cent on Monday after brokerages downgraded the stock.…
Flipkart co-founder Binny Bansal officially exits board

Flipkart co-founder Binny Bansal officially exits board

Flipkart co-founder Binny Bansal has officially exited the e-commerce platform’s board after more than 16 years. Sachin Bansal, the other…
Paytm Republic Day Festival offer: Get cashback of up to Rs 500, win an iPhone 15

Paytm Republic Day Festival offer: Get cashback of up to Rs 500, win an iPhone 15

One97 Communications Limited (OCL), that owns the leading payments and financial services company Paytm, on Friday announced an offer with…
Ola’s mobility business in India logs Rs 250cr profit in FY23

Ola’s mobility business in India logs Rs 250cr profit in FY23

Ride-hailing company Ola’s mobility business in India reported a profit of Rs 250 crore in FY23 against a loss of…
Reliance Jio, OnePlus join hands to drive 5G innovation in India

Reliance Jio, OnePlus join hands to drive 5G innovation in India

Reliance Jio and the global technology brand OnePlus on Thursday announced a strategic partnership aimed at unlocking the full potential…
Govt issues notification for Indian firms to list on GIFT City’s exchanges

Govt issues notification for Indian firms to list on GIFT City’s exchanges

The government on Wednesday issued a notification allowing the direct listing of shares of Indian companies at GIFT City’s exchanges.…
GenAI spending from banks to reach $85 bn globally by 2030

GenAI spending from banks to reach $85 bn globally by 2030

The spending on GenAI by banks will reach $85 billion in 2030, from $6 billion globally in 2024 which is…
IDBI Bank logs higher Q3 PAT at Rs 1,458.18 crore

IDBI Bank logs higher Q3 PAT at Rs 1,458.18 crore

Mortgage lender IDBI Bank closed the third quarter of FY24 with higher net profit of Rs 1,458.18 crore. In a…
RIL trades cheap relative to Nifty: Jefferies

RIL trades cheap relative to Nifty: Jefferies

RIL trades cheap relative to Nifty. We forecast 12 per cent Ebitda growth in FY25E with Jio contributing lion’s share…
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