2:30 PM

Aditya Birla Capital aims to double customers with new digital platform

At present, Aditya Birla Capital serves over 35 million customers across its businesses, including lending, insurance, and asset management. READ MORE

Aditya Birla Capital

2:18 PM

Max to invest Rs 2,500 cr in Lucknow, to be largest pvt healthcare network

With an eye on doubling its bed-count in four to five years, Delhi-based Max Healthcare Institute on Monday revealed its plans to invest Rs 2,500 crore for developing hospital infrastructure in Lucknow where it has already completed the acquisition of 550-bed Sahara Hospital for Rs 940 crore. READ MORE

Max Healthcare Institute

2:05 PM

Senco Gold extends rally, up 33% in 2 days; Emkay sees 15.6% upside

Senco Gold shares extended its rally on Tuesday as they soared as much as 12.03 per cent to hit a fresh record high of Rs 1,065.65 per share. READ MORE

Sensex, Nifty, stock brokers

1:51 PM

Srinivas Pallia sold his entire stake in Wipro before taking over as CEO

On April 6, Wipro, the fourth largest software services firm in India, announced the unexpected departure of former CEO Thierry Delaporte and Pallia was made the top boss. READ MORE


1:39 PM

IT major LTIMindtree slumps 4% after two senior executives step down

The IT major, on Monday informed the exchanges that Pankaj Chugh, executive vice president, global sales and Gregory Dietrich, executive vice president, global sales, resigned from the services. READ MORE

stock brokers, BSE, NSE, Sensex, Nifty

1:25 PM

This multi bagger stock is down in the dumps now; Check why

Ashnisha Industries stock price has plunged over 53 per cent in the March quarer, with retail shareholding rising sharply to 82.37 per cent. READ MORE

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai (pic: Reuters)

1:06 PM

Goldman Sachs bullish on Indian CDMO sector, recommends buying these stocks

Goldman Sachs attributes India’s underpenetrated CDMO and CRO market to smaller capacities, lack of Innovation with little collaboration between Industry and academia. READ MORE

Photo: Bloomberg

12:51 PM

Joe Biden unlikely to cut Iran’s oil lifeline after Israel attack

Several analysts suggested Washington might take some action to cut Iran’s oil exports in part to temper any Israeli reaction to the Iranian strikes, which could escalate the conflict. READ MORE

Joe Biden, US President, US President Joe Biden

11:43 AM

RBI to banks: Can’t charge extra without mention in key fact statement

The Reserve Bank of India (RBI) on Monday issued a directive that prohibits banks and other regulated entities from levying additional fees on loans that are not previously disclosed in the Key Fact Statement (KFS). The notification stipulates strict adherence to these guidelines for all new retail and MSME term loans sanctioned from October 1 onwards, including loans issued to existing customers.

“Any fees, charges, etc., which are not mentioned in the KFS, cannot be charged by the REs to the borrower at any stage during the term of the loan, without explicit consent of the borrower,” the regulator said. Read more

Reserve bank of India , RBI

11:22 AM

Small finance bank stocks are on an uptrend. Does the rally have more legs?

Shares of small finance banks (SFBs) flexed muscles on the bourses in the month of April, after their March quarter business updates showed double digit growth in advances and deposits.

Ujjivan Small Finance Bank stock price has jumped 21.6 per cent so far this month, stock price of Suryoday SFB has surged 17.9 per cent. Read more

Investment banks

11:00 AM

Top financial regulators plan panel to weigh risks in derivatives market

India’s top financial regulators will form a committee to assess stability risks emerging from a surge in derivatives markets and suggest policy changes if required, two sources familiar with the matter said.


Options trading in India has soared in the last five years, fuelled mainly by retail investors. The notional value of index options traded more than doubled in 2023-24 to $907.09 trillion from $447.69 trillion a year ago, exchange operator NSE says. Read more

RBI logo

10:41 AM

Jio Fin Services zooms 5% on announcing new broking, wealth management biz

Shares of Jio Financial Services jumped 4.8 per cent intraday at Rs 271.95 on Tuesday amid announcement of new broking and wealth management venture. The stock of the company had hit a 52-week high of Rs 378 on April 8, 2024, while it hit a 52-week low of Rs 204 on 24 October, 2023. 

At 10:11 AM, the company’s share was trading 3.44 per cent higher at Rs 366.60. In comparison the S&P BSE Sensex was trading 0.49 per cent lower at 73,038 levels. A combined over 6.63 million shares of the company changed hands on the BSE. Read more

Jio Financial Services Limited

10:33 AM

Vodafone Idea falls 4%; Rs 18,000-crore FPO anchor book to open today

Shares of Vodafone Idea dropped as much as 3.95 per cent to hit an intraday low of Rs 12.64 per share. The drop comes in reaction to the follow-on public offering (FPO) anchor book, which will open today.

Vodafone Idea shares have plunged 25.19 per cent year-to-date (YTD), but have surged 7 per cent in the past 6 months. Read more

vodafone idea vi

10:28 AM

Srinivas Pallia sold his entire stake in Wipro before taking over as CEO

Srinivas Pallia, who has been a part of Wipro for over three decades, divested all his shares valued at Rs 5 crore in the company approximately a month and a half prior to his appointment as the new chief executive, according to a report by The Economic Times (ET).

Pallia sold his 100,000 Wipro shares through a ‘market sale’ on February 14 this year, with the transaction being reported to the exchange on February 15. Read more