Market update

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Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while advances increased 11.76 per cent Y-o-Y at Rs 9.63 trillion, outpacing deposit growth during the period. Domestic retail advances grew at a robust 19.5 per […]

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January, 05 2025 17:30 PM

Market Cap Of Four Of Top-10 Most Valued Firms Erode By Rs 96,606 Crore; HDFC Bank Hit Hard

The combined market valuation of four of the top-10 most valued firms eroded by Rs 96,605.66 crore last week, with HDFC Bank taking the biggest hit. While Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India suffered erosion from their valuation, Reliance Industries, Bharti Airtel, Infosys, ITC, Life Insurance Corporation of […]

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January, 05 2025 15:30 PM

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while advances increased 11.76 per cent Y-o-Y at Rs 9.63 trillion, outpacing deposit growth during the period. Domestic retail advances grew at a robust 19.5 per […]

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January, 05 2025 15:30 PM

Indian-origin tech firms corner 1/5th of H-1B visas

Indian-origin tech companies cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services leading the pack, an analysis of data from the US immigration department showed. According to data from the US Citizenship and Immigration Services, in April-September 2024 period, out of the total 1.3 lakh H-1B visas […]

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January, 05 2025 15:30 PM

Ahead of Market: 10 things that will decide stock market action on Monday

“Reducing U.S. jobless claims and potential policy shifts in the US indicate that the FED is not in a hurry to reduce interest rates in the near term. Looking ahead, the market is likely to focus on Q3 earnings, with expectations of improvement in earnings on a QoQ basis,” Nair added.

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January, 05 2025 13:30 PM

Neelkanth Realtors files draft papers with Sebi to mop up funds via IPO

Neelkanth Realtors, a Mumbai-based real estate developer, files draft papers with Sebi for an IPO to raise funds through the issuance of 1.35 crore eq

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January, 05 2025 13:30 PM

10 shares for 1? Major stock splits and bonuses to watch out for this week

One of the week’s most anticipated events is ITC Limited’s demerger of its hotel business, effective January 6, 2025. Eligible shareholders will receive 1 share of ITC Hotels for every 10 ITC shares held.

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January, 05 2025 13:30 PM

F&O Talk| Nifty trading trapped in 23,000-25,000 range with bearish long-term outlook: Rahul Ghose of Hedged.in

With the current market scenario, analyst Rahul Ghose, Founder of Hedged.in interacted with ET Markets regarding the outlook on Nifty and Bank Nifty and an index strategy for the upcoming week. Following are the edited excerpts from his chat:

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January, 05 2025 11:30 AM

Mcap of four of top-10 most valued firms erode by Rs 96,605.66 cr; HDFC Bank hit hard

The market capitalisation (mcap) of TCS tanked Rs 24,856.26 crore to Rs 14,83,144.53 crore and that of State Bank of India declined Rs 5,399.39 crore to Rs 7,08,168.60 crore.

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January, 05 2025 11:30 AM

Punjab & Sind Bank to roll out instant loan scheme for MSMEs based on GST return

Punjab & Sind Bank plans to launch an instant loan scheme for MSMEs up to Rs 25 lakh, following the success of their digital home and vehicle loan schemes. The automated, rule-based approval system aims to expedite the process and reduce manual intervention, ensuring loans can be sanctioned quickly, even on holidays.

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January, 05 2025 11:30 AM

F&O Talk| Nifty trading trapped in 23,000-25,000 range with bearish long-term outlook: Rahul Ghose of Hedged.in

With the current market scenario, analyst Rahul Ghose, Founder of Hedged.in interacted with ET Markets regarding the outlook on Nifty and Bank Nifty and an index strategy for the upcoming week. Following are the edited excerpts from his chat: National Stock Exchange of India PCR data cannot be used for drawing any conclusions right now […]

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January, 05 2025 09:30 AM

Mcap of four of top-10 most valued firms erode by Rs 96,605.66 cr; HDFC Bank hit hard

The market capitalisation (mcap) of TCS tanked Rs 24,856.26 crore to Rs 14,83,144.53 crore and that of State Bank of India declined Rs 5,399.39 crore to Rs 7,08,168.60 crore.

Read more

January, 05 2025 09:30 AM

Punjab & Sind Bank to roll out instant loan scheme for MSMEs based on GST return

Punjab & Sind Bank plans to launch an instant loan scheme for MSMEs up to Rs 25 lakh, following the success of their digital home and vehicle loan schemes. The automated, rule-based approval system aims to expedite the process and reduce manual intervention, ensuring loans can be sanctioned quickly, even on holidays.

Read more

January, 05 2025 09:30 AM

New-Age Tech Stocks Rise As Market Regains Momentum, TAC Infosec Biggest Gainer This Week

Twenty of the 31 new-age tech stocks under Inc42’s coverage gained in a range of 0.12% to over 10% this week

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January, 05 2025 07:30 AM

Who will provide fuel services at Noida’s Jewar airport? Not Mukesh Ambani, Gautam Adani, Tata Group, it is…

The upcoming operations of Noida International Airport are anticipated to enhance regional connectivity and drive economic growth in Uttar Pradesh

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January, 05 2025 07:30 AM

Indian Bank Q3 update: Total business up 8.3% at ₹12.6 lakh crore, total deposit surges 7.3%

Indian Bank Q3 update: Total business up 8.3% at ₹12.6 lakh crore, total deposit surges 7.3%

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January, 05 2025 07:30 AM

HDFC Bank gets RBI nod to hike group stake in 3 banks

India Business News: MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments in Kotak Mahindra.

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January, 05 2025 05:30 AM

2024 was the year digital arrest scams became mainstream. One person’s fightback holds a mirror to the system

Vidya, a marketing consultant, was swindled off `6 crore by criminals using a ‘digital arrest’ scam. She managed to recover about `60 lakh by connecting with a bank executive, filing a police complaint, and following up persistently. The case highlights systemic issues in tracking and recovering swindled money, particularly the role of banks, law enforcement, […]

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January, 05 2025 05:30 AM

New year, renewed push: India Inc unites for more diversity

Corporate India is boosting DEI efforts in 2024. Companies like Axis Bank, Deutsche Bank, RPG Group, SAP India, Mphasis, and UpGrad are focusing on women, PwDs, LGBTQIA+, veterans, and neurodiverse individuals. Strategies include flexible work arrangements, diversity hiring, and career development programs. The aim is to drive innovation, growth and competitive advantage while enhancing workforce […]

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January, 05 2025 05:30 AM

HDFC Bank gets RBI nod to hike group stake in 3 banks

India Business News: MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments in Kotak Mahindra.

Read more

January, 05 2025 03:30 AM

2024 was the year digital arrest scams became mainstream. One person’s fightback holds a mirror to the system

Vidya, a marketing consultant, was swindled off `6 crore by criminals using a ‘digital arrest’ scam. She managed to recover about `60 lakh by connecting with a bank executive, filing a police complaint, and following up persistently. The case highlights systemic issues in tracking and recovering swindled money, particularly the role of banks, law enforcement, […]

Read more

January, 05 2025 03:30 AM

New year, renewed push: India Inc unites for more diversity

Corporate India is boosting DEI efforts in 2024. Companies like Axis Bank, Deutsche Bank, RPG Group, SAP India, Mphasis, and UpGrad are focusing on women, PwDs, LGBTQIA+, veterans, and neurodiverse individuals. Strategies include flexible work arrangements, diversity hiring, and career development programs. The aim is to drive innovation, growth and competitive advantage while enhancing workforce […]

Read more

January, 05 2025 03:30 AM

2024 was the year digital arrest scams became mainstream. One person’s fightback holds a mirror to the system

Vidya, a marketing consultant, was swindled off `6 crore by criminals using a ‘digital arrest’ scam. She managed to recover about `60 lakh by connecting with a bank executive, filing a police complaint, and following up persistently. The case highlights systemic issues in tracking and recovering swindled money, particularly the role of banks, law enforcement, […]

Read more

January, 05 2025 01:30 AM

HDFC Bank gets RBI nod to hike group stake in 3 banks

India Business News: MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments in Kotak Mahindra.

Read more

January, 05 2025 01:30 AM

New year, renewed push: India Inc unites for more diversity

Corporate India is boosting DEI efforts in 2024. Companies like Axis Bank, Deutsche Bank, RPG Group, SAP India, Mphasis, and UpGrad are focusing on women, PwDs, LGBTQIA+, veterans, and neurodiverse individuals. Strategies include flexible work arrangements, diversity hiring, and career development programs. The aim is to drive innovation, growth and competitive advantage while enhancing workforce […]

Read more

January, 05 2025 01:30 AM
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