Quick Wrap: Nifty PSU Bank Index rises 2.25%
Powered by Capital Market - Live News
Powered by Capital Market - Live News
PwC India has announced a partnership with Microsoft India to spruce up incident response and recovery capabilities. According to a release, the alliance brings together PwC India's incident management capabilities and Microsoft's advanced technology to protect enterprises effectively, at a time when organisations face increasingly-sophisticated cyber threats. "With the use of Microsoft Copilot (generative artificial intelligence chatbot) for security -- a generative AI-powered security solution... Читать дальше...
Consequent to above, the paid-up share capital of the Company has increased from Rs. 91,91,67,140/- consisting of 9,19,16,714 equity shares of Rs. 10/- each to Rs. 91,95,82,140/-consisting of 9,19,58,214 equity shares of Rs. 10/- each.
CSB Bank on Monday reported a 14 per cent decline in the June quarter net profit at Rs 113 crore due to an increase in bad loans. The private sector lender had earned a net profit of Rs 132 crore in the year-ago period. However, total income increased to Rs 1,004 crore from Rs 803 crore a year ago, CSB Bank said in a regulatory filing. Interest income grew to Rs 832 crore during the period under review, from Rs 683 crore a year ago. The bank's asset quality worsened as Gross Non-Performing Assets... Читать дальше...
Despite his criminal history, the Dutch Olympic Committee decided that there is no reason to exclude Van de Velde from the Paris Olympic Games 2024
At meeting held on 29 July 2024
Union Sports Minister Mansukh Mandaviya credited Khelo India and TOPS initiatives for driving sports talent across the country
India's total installed power generation capacity has grown around 80 per cent over the last 10 years to 4,46,190 MW (4.46 GW) in June 2024, Parliament was informed on Monday. The installed capacity, which was 2,48,554 MW in March 2014, reached 4,46,190 MW in June, the Union Minister of State for Power Shripad Naik said. In a reply to the Rajya Sabha, he said the installed capacity of coal-based power has increased from 1,39,663 MW in March 2014 to 2,10,969 MW in June 2024. While the installed capacity of renewable sector has increased from 75... Читать дальше...
Priced at Rs 48,999, the Xiaomi 14 Civi Panda edition will be available with discount of Rs 3,000 from select banks
Vedanta Nico, a subsidiary of Vedanta Ltd, on Monday said it has entered into a pact with US-based AEsir Technologies for the supply of nickel, a critical component for next-generation batteries. Nickel plays an important role in EV battery technology, particularly in the cathode, where it enhances energy density, power output, and battery lifespan. Nickel-rich batteries, such as nickel-zinc variants, offer fast charging, reduce reliance on cobalt, and improve the overall electric vehicle (EV) value proposition. Читать дальше...
Vedant Fashions slipped 1.33% to Rs 1,067.95 after the company reported consolidated net profit of Rs 62.48 crore in Q1 FY25, registering a de-growth of 32.04% as against with Rs 91.94 crore posted in Q1 FY24.
New Delhi [India], July 29: The startup ecosystem of India is blooming exponentially with great various human capital advantages and enormous opportunities coming in limelight due to technological adoption and digital transformation across sectors.
Bengaluru (Karnataka) [India], July 29: The eighth edition of the Embedded Safety and Security Summit (ESSS) 2024, organised by LDRA with support from partners and industry associations, concluded successfully across four major technology hubs in India -- Bengaluru, Chennai, Pune, and Hyderabad. This year's summit attracted around 500 attendees across the country, underscoring its significance in the embedded systems community.
Large currency speculators in the Euro futures market increased net long position, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 35906 contracts in the data reported through July 23, 2024. This was a weekly rise of 11157 net long contracts.
State-owned Indian Bank on Monday posted a 41 per cent jump in its net profit to Rs 2,403 crore for the June 2024 quarter due to a decline in bad loans. The Chennai-based lender had earned a net profit of Rs 1,709 crore in the year-ago period. During the quarter, the bank's total income increased to Rs 16,945 crore against Rs 14,759 crore a year ago, Indian Bank said in a regulatory filing. Its interest income grew to Rs 15,039 crore during the period under review from Rs 13,049 crore in the corresponding quarter a year ago. Читать дальше...
The New Fund Offer opens on Monday, July 29, 2024, and closes on Monday, August 12, 2024 and the Nifty 500 TRI will serve as the fund's benchmark.
The challenges faced during the quarter were reflected by elevated delinquencies and higher credit costs
Edible oil major Adani Wilmar on Monday reported a consolidated net profit of Rs 313.20 crore for the first quarter of this fiscal on higher income. The company had posted a net loss of Rs 78.92 crore in the year-ago period. The total income rose to Rs 14,229.87 crore during the April-June period this fiscal from Rs 12,994.18 crore in the corresponding period of the previous year, according to a regulatory filing. Adani Wilmar, a joint venture between Adani Group and Singapore's Wilmar, is into edible oil... Читать дальше...
Axis Securities remains bullish on PI Industries and has called it the stock pick of the week for investors. Here is the investment rationale of Axis Securities
The Adani group company's consolidated profit rose 15% to Rs 172 crore (around $21 million) in the three months ended June 30, marking its sixth straight rise in quarterly profit
A confident Manu Bhaker placed herself in contention for a second Olympic medal as she combined with Sarabjot Singh to make the bronze playoff in the 10m air pistol mixed team event but Ramita Jindal ended seventh in the 10m air rifle women's competition here on Monday. The 22-year-old Bhaker came into the mixed team qualifications after winning a historic bronze medal in the 10m women's air pistol event on Sunday. Bhaker and Sarabjot finished with a total of 580 to make the medal round to be held on Tuesday. Читать дальше...
The first time Perina Lokure Nakang began to run for sport, she ran 9 miles (14 kilometers) along the road near her refugee camp in northwestern Kenya. Now, the 21-year-old South Sudanese runner is competing in the Paris Olympics, among many of the 37 athletes on the Olympic refugee team who are pushing to see more refugees like her able to compete in the Games. I told myself if I continue running this, it is going to change my life, she said. In the Olympics, everyone is looking to me to represent them. Читать дальше...
Mumbai (Maharashtra) [India], July 29: A comprehensive, global study entitled 'Pivotal: How treasury and finance enable a new era of globalisation' conducted by DBS Bank in partnership with the Financial Times Longitude reveals the strategic priorities as well as the potential challenges for businesses in a new era of globalisation. Surveying over 570 senior executives from 15 countries 1, including India, it offers valuable insights into how financial strategies and diversification efforts are driving growth and innovation.
Bengaluru (Karnataka) [India], July 29: Resilience is a quality essential for tackling today's complex challenges, more so for leaders and teams working in this era of rapid technological advancements and unprecedented global crises. A new leadership initiative is making waves by equipping leaders with the tools to navigate such turbulent waters: The Art of Leadership, a program recently launched by The Art of Living. The program, which combines ancient wisdom with modern leadership principles, is... Читать дальше...
Sales rise 31.33% to Rs 862.20 crore