Investment / Bloomberg Quint
Adani Infra's acquisition involves a five-year lock-in period on existing stakes and rights for first refusal post-sale.
ACME Solar Holdings aims to strengthen its balance sheet by allocating IPO proceeds towards debt repayment and capital expenditures, targeting long-term power supply growth in India.
Stock market dip in the last three to four weeks does not define the year as a whole, Irani said.
The committee will also examine the issue of setting up of plastic waste management centres and steps taken to minimise the use of plastic in the country and disinvestment of fertiliser PSUs.
The company is expected to drive growth for a few more quarters backed by a ramp-up of earlier total contract value wins and improved ACV growth, says the brokerage.
The 25,000 mark will be the inflection point for Nifty in the short term, an analyst warned.
The brokerage remains positive on IndusInd, ICICI Bank and SBI considering their ability to mitigate the macro risks, healthy business momentum, stable asset quality and superior return ratios.
The brokerage gives a comprehensive take on various sector's Q2 earnings.
Unless they can outperform AI bots in delivering faster, smarter, and more personalised solutions, the role of the human relationship managers teeters in a grey area.
The brokerage reiterates 'Buy' rating on the stock with a target price of Rs 7,400, implying a 16% upside potential.
The Securities and Exchange Board of India on Thursday has barred Axis Capital Ltd. from debt merchant banking activities. (This is a developing story.) . Read more on Business News by NDTV Profit.
She noted that technology is changing the banking landscape as it provides a secure and easy-to-navigate digital banking experience to all customers.
Shraddha Kapoor has partnered with Wegofin as its brand ambassador.
The journey of the last 17 years has shown strong growth, indicating that our existing licenses more than sufficed for us to be able to drive whatever reasonable growth going forward, he said.
Regulators implement stricter measures to improve banks' technology infrastructure and reduce customer downtime.
The brokerage remains positive on IndusInd Bank, ICICI Bank and SBI considering the healthy business momentum, stable asset quality and superior return ratios.
*This is in partnership with NDTV Profit BrandStudio The rising adoption of digital technologies and enhanced mobile connectivity has resulted in a marked shift in how people access financial services.Customers are no longer keen on queuing up to banks, filling out lengthy forms or using physical currency or wallets for their day-to-day transactions. They want smart, safe financial solutions that are customised to their needs and deliver greater peace of mind especially when the matter in questi
Reforms in the banking sector has made credit accessible to a wide range of the populace, the prime minister said.
Another proposed change relates to redefining 'substantial interest' for directorships, which could increase to Rs 2 crore instead of the current limit of Rs 5 lakh, which was fixed almost six decades ago.
Another proposed change relates to redefining 'substantial interest' for directorships, which could increase to Rs 2 crore instead of the current limit of Rs 5 lakh, which was fixed almost six decades ago.
The attack had reportedly prevented customers of around 300 small-sized lenders across the country from accessing payment services like withdrawing cash at ATMs or using UPI.
A significant climate risk is the possible emergence of stranded assets, particularly in sectors like fossil fuels, where assets may rapidly lose value as climate policies become more stringent.
Even in the current challenging/tough set-up, Ujjivan SFB has been delivering well on net interest margin, cost/income, asset quality and RoE, says the brokerage.