Finance

Odisha receives 145 investment proposals worth Rs 7.26 trn so far The Odisha government on Thursday said it has so far received 145 investment proposals worth over Rs 7.26 trn in the current edition of the business summit The…

The recovery in our business has been led by the rural market: Sundaram Home Finance MD Lakshminarayanan Riding a growth wave in Tier-2 and -3 towns, Sundaram Home Finance has ventured into the small business loans segment,…

Xiaomi discontinues financial services business in India; here’s why Xiaomi's assets worth $676 million were frozen in April by India's federal financial crime agency, which claimed the company had sent money abroad illegally…

Tata Power’s Renewables Business Revenue Up 7% YoY in Q2 FY23 The company posted a profit of Rs18.19 billion during the period Tata Power reported a profit of Rs18.19 billion (~$220.89 million) in 1H FY 2023, registering a…

In Gurugram, firecracker traders say business is brisk, booming Ashok Kumar, who runs Starlight Crackers, said daily sales in the market have gone up to ₹3 lakh, an indication that Gadoli is slowly nudging out Delhi’s Sadar…

Philips provides update on its financial performance in Q3 2022 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today provided an update on its third-quarter 2022 financial results…

LIC market share rises to 68.24% On the other hand, the market share of private players fell to 31.75 per cent as of September 2022 from 35.51 per cent a year ago. Life Insurance Corporation (LIC), which was under pressure from private…

Axis Bank Ltd spurts 1.67%, rises for fifth straight session Axis Bank Ltd is quoting at Rs 789.85, up 1.67% on the day as on 12:44 IST on the NSE. The stock is down 0.92% in last one year as compared to a 4.88% slide in NIFTY and a 1.02%…

Tracxn Technologies IPO: High attrition, losses keep analysts apprehensive Tracxn Technologies IPO review: Attrition continues to remain at elevated levels. The company's bottom-line performance has been disappointing in the last three…

Paytm's loan distribution business scales to 9.2 million The loan distribution business of Paytm witnessed accelerated growth with disbursements through the platform now at an annualized run rate of ₹34,000 crore in the month of September…