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Tata Investment Corporation (NSE: TATAINVEST) hits the upper circuit on March 4, as the company gets approval for a chip manufacturing unit in Gujarat. This will be North India’s first semiconductor plant. Shares of Tata Investment Corp gained nearly 20% in the last four trading sessions after the news release. The company has performed exceptionally … Read more
HDFC Bank declared Q3 results of FY 23-24 today i.e 16th Jan 2024, In which it reported an increase in Net Profit by 33.5% YoY Basis to Rs 16,372 Crores from Rs 12,259 Crores in the same quarter last year. This is 2nd Quarter after the merger of HDFC Ltd & HDFC Bank. It has … Read more
In 2023, India’s investment landscape underwent a remarkable transformation, evidenced by an unprecedented upsurge in the enrollment of new investors. Over 15.69 million people started investing, showing that more and more people in India are learning about finance. One of the most noticeable changes happened in Uttar Pradesh (UP), the most populated state in India. … Read more
When we talk about high-stakes gambling, places like Las Vegas or Atlantic City might pop up in our minds. But there’s a player in India too, Delta Corp, that has its own share of glitz and gamble. However, it’s not just the casino tables that are buzzing with high stakes; there’s a complex game of … Read more
India’s financial sector is set to witness a significant development as the merger between Housing Development Finance Corporation (HDFC) and HDFC Bank, the country’s largest private sector lender, is expected to take effect from July 1st. This momentous event, aimed at creating a banking behemoth, marks a pivotal step in the consolidation of the Indian … Read more
In a significant development, IDFC First Bank announced on Tuesday that it has successfully raised Rs 1,500 crore through the issuance of tier-2 bonds in the domestic Indian bond market. This move aims to strengthen the bank’s financial position and fuel its growth prospects. Let’s check the details of this noteworthy development. In last week, … Read more
Do you Love iPhones and Apple products? You will love their Credit Cards too! You heard it right! Apple is all set to launch credit cards in India. Unlike its American counterpart, the Apple Card in India will be subject to the regulatory framework set forth by the Reserve Bank of India (RBI), which inspects … Read more
Market wobbles over concern of Credit Suisse and Other Banks After Switzerland-based bank UBS agreed to save another embattled Swiss lender Credit Suisse for $3.25 billion, banking stocks globally witnessed a bloodbath. The country’s regulators had asked both companies to conclude the transaction to restore necessary confidence and stability in the Swiss economy and the … Read more