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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, 04 2025 23:30 PM

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, 04 2025 23:30 PM

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, 04 2025 23:30 PM

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, 04 2025 21:30 PM

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, 04 2025 21:30 PM

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, 04 2025 21:30 PM

F&O Query: Should you hold Sun Pharma call option?

Sun Pharmaceutical Industries broke through a key resistance level at ₹1,830, signaling a potential uptrend, with a target price of ₹1,950 in the near-term. Traders holding call options should consider liquidating at ₹80, ₹85, and ₹90, while maintaining a stop-loss at ₹38 and exiting if the stock falls below ₹1,830.

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January, 04 2025 19:30 PM

Bandu’s Blockbusters For Jan 5, 2025

Join Bandu’s stock picking challenge to win ₹2,000 by guessing the best performing stock by next Friday. Enter now!

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January, 04 2025 19:30 PM

Equity outlook 2025: The party is turning selective

Indian stock markets delivered stellar returns post-Covid, but lofty valuations and slowing economic growth signal a shift ahead. Nifty50, Midcap150 and Smallcap250 posted strong gains, yet rising PE multiples and tepid profit growth suggest potential corrections, especially in mid- and small-caps. Investors should focus on value in large-caps, use SIPs for mid- and small-cap exposure, […]

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January, 04 2025 19:30 PM

F&O Query: Should you hold Sun Pharma call option?

Sun Pharmaceutical Industries broke through a key resistance level at ₹1,830, signaling a potential uptrend, with a target price of ₹1,950 in the near-term. Traders holding call options should consider liquidating at ₹80, ₹85, and ₹90, while maintaining a stop-loss at ₹38 and exiting if the stock falls below ₹1,830.

Read more

January, 04 2025 17:30 PM

Bandu’s Blockbusters For Jan 5, 2025

Join Bandu’s stock picking challenge to win ₹2,000 by guessing the best performing stock by next Friday. Enter now!

Read more

January, 04 2025 17:30 PM

Equity outlook 2025: The party is turning selective

Indian stock markets delivered stellar returns post-Covid, but lofty valuations and slowing economic growth signal a shift ahead. Nifty50, Midcap150 and Smallcap250 posted strong gains, yet rising PE multiples and tepid profit growth suggest potential corrections, especially in mid- and small-caps. Investors should focus on value in large-caps, use SIPs for mid- and small-cap exposure, […]

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January, 04 2025 17:30 PM

Nifty and Bank Nifty Prediction for the week 06 Jan’25 to 10 Jan’25 by BL GURU

Nifty 50’s short-term outlook remains uncertain, with potential for rise to 24,850 or fall to 22,800. Contact for queries.

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January, 04 2025 15:30 PM

Three stock recommendations from Rajesh Palviya for next week

We believe that if Nifty crosses the 24,000-24,050 range in the coming week, a potential rally could push it to levels of 24,200-24,250 as part of this pullback. At this point, we are maintaining our long position with a stop loss at 24,800, which is a key level to watch for Nifty, says Rajesh Palviya, […]

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January, 04 2025 15:30 PM

KNR Construction Gets Rs 328-Crore Irrigation Order In Telangana

KNR Construction Ltd. has received a Letter of Acceptance for an irrigation project in Telangana of Rs 327.89 crore, it said in an exchange filing Saturday.

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January, 04 2025 15:30 PM

SBI unveils two new schemes to boost deposit mobilisation

State Bank of India (SBI) – the country’s largest lender – has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges in raising resources. The first is ‘Har Ghar Lakhpati,’ a pre-calculated recurring deposit (RD) scheme designed to help customers accumulate Rs 100,000 or multiples thereof and […]

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January, 04 2025 13:30 PM

Block deals worth over Rs 3,849 crore this week. Godrej Consumer, Avenue Supermarts among stocks that saw major action

In the largecap segment, 11 companies recorded major block deals totaling Rs 1,844 crore. Leading the list was Godrej Consumer with four block deals worth Rs 466 crore, followed by Avenue Supermarts (Rs 353 crore), Jio Financial Services (Rs 309 crore), Axis Bank (Rs 158 crore), HDFC Bank (Rs 116 crore), and Hindustan Aeronautics (Rs […]

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January, 04 2025 13:30 PM

RBI approves HDFC Bank group to acquire up to 9.50% share in Kotak Mahindra Bank, AU SFB and Capital SFB

RBI approves HDFC Bank group to acquire up to 9.50% stake in Kotak Mahindra, AU Small Finance, and Capital Small Finance Banks.

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January, 04 2025 13:30 PM

SBI unveils two new schemes to boost deposit mobilisation

State Bank of India (SBI) – the country’s largest lender – has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges in raising resources. The first is ‘Har Ghar Lakhpati,’ a pre-calculated recurring deposit (RD) scheme designed to help customers accumulate Rs 100,000 or multiples thereof and […]

Read more

January, 04 2025 11:30 AM

Block deals worth over Rs 3,849 crore this week. Godrej Consumer, Avenue Supermarts among stocks that saw major action

In the largecap segment, 11 companies recorded major block deals totaling Rs 1,844 crore. Leading the list was Godrej Consumer with four block deals worth Rs 466 crore, followed by Avenue Supermarts (Rs 353 crore), Jio Financial Services (Rs 309 crore), Axis Bank (Rs 158 crore), HDFC Bank (Rs 116 crore), and Hindustan Aeronautics (Rs […]

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January, 04 2025 11:30 AM

RBI approves HDFC Bank group to acquire up to 9.50% share in Kotak Mahindra Bank, AU SFB and Capital SFB

RBI approves HDFC Bank group to acquire up to 9.50% stake in Kotak Mahindra, AU Small Finance, and Capital Small Finance Banks.

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January, 04 2025 11:30 AM

ETMarkets PMS Talk: Why InCred Healthcare PMS is overweight on hospitals and diagnostics for 2025

InCred healthcare portfolio offers a structural investment product that invests in 5 different baskets of businesses like Branded Generics, Hospitals, Diagnostics, CDMO/API, Generics. The investment framework follows a bottom-up strategy to prepare a concentrated portfolio of 15-20 stocks, which are expected to deliver high double-digit earnings growth with a potential for valuation multiple expansion.

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January, 04 2025 09:30 AM

Jamnagar Refinery, world’s largest, turns 25: Mukesh Ambani highlights role in future growth and nature conservation

During Jamnagar refinery’s 25th anniversary, Mukesh Ambani emphasized its importance for future growth, mentioning the establishment of AI infrastructure and the Vantara initiative to protect wildlife.

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January, 04 2025 09:30 AM

FD schemes in 2025: SBI, HDFC, PNB hike their fixed deposit scheme rates for general, elderly citizens; check details

The SBI has created a special category for super senior citizens over 80 years old, who will receive an additional 10 basis points compared to regular senior citizens.

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January, 04 2025 09:30 AM

Jamnagar Refinery, world’s largest, turns 25: Mukesh Ambani highlights role in future growth and nature conservation

During Jamnagar refinery’s 25th anniversary, Mukesh Ambani emphasized its importance for future growth, mentioning the establishment of AI infrastructure and the Vantara initiative to protect wildlife.

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January, 04 2025 07:30 AM
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