Banking And Finance
SBI staff threatens to go on two-day nationwide strike from May 25
New Delhi: SBI staff under the aegis of the All India Staff Federation () have threatened to go on a two-day beginning May 25 to press for various demands, including…
Increase in Atal Pension Yojana payout? PFRDA chairman says evaluation on — Here’s all you need to know
The Pension Fund Regulatory and Development Authority (PFRDA) is considering demands that the body’s Atal Pension Yojana (APY) increase the upper limit of its monthly pension payout, according to a…
Overdraft vs Personal Loan: What is the difference and how to choose the right one for you?
Sometimes, we require extra funds to cover diverse financial needs, making our borrowing patterns vary. Consequently, a clear understanding of different credit facilities—like overdrafts and personal loans—is crucial. This knowledge…
Fino Payments bank CEO Rishi Gupta resigns after ‘fit and proper’ clearance, interim chief extended
board has accepted Rishi Gupta’s resignation on Thursday even after finding him “fit and proper” to lead the bank as managing director and chief executive officer for a second term.…
Market
SEBI issues show-cause notices to six Capital Group-linked FPIs
The Securities and Exchange Board of India (SEBI) has issued show-cause notices to six foreign portfolio investors (FPIs) linked to US-based asset manager Capital Group in connection with its ongoing…
Elevation Capital to sell 1.3% stake in Paytm parent company
Mumbai Funds associated with Elevation Capital are set to offload a significant stake in One 97 Communications Ltd, the parent company of Paytm, through a bulk share sale on the…
SEBI proposes new rules for IPO, re-listed stock opening price discovery
The Securities and Exchange Board of India (SEBI) has proposed a new framework for price discovery in IPOs and re-listed stocks, including changes to base price calculations, automatic widening of…
Market
LG Electronics India net profit dips 8.1%, registers highest quarterly revenue
Higher commodity costs and a depreciating rupee impacted LG Electronics India’s profits in the March quarter. The company posted a net profit of ₹692.7 crore for the quarter, down 8.19…
Paradise Biryani to invest ₹100 cr to open 100 new stores
Paradise Biryani, a popular biryani brand in Hyderabad, is going places. After acquiring it from its promoters, Samar Capital has said it would open 100 new outlets across major cities.…
VA Tech Wabag Q4 PAT up 28.6% at ₹128 crore
Water technology company VA Tech Wabag(WABAG) on Thursday reported a 28.6 per cent growth in consolidated net profit for the quarter ended March 202 (Q4 FY26) at ₹128 crore. Revenue…
Impacted by GST rate and West Asia conflict, ITC Q4 profit up 5% at ₹5,113 crore
Broadly in line with street estimates, diversified conglomerate ITC reported a 4.89 per cent year-on-year increase in its standalone net profit in Q4FY26 to ₹5,113.36 crore, as increased GST rate…
Axis
