Banking And Finance

Microfinance institutions’ portfolio quality up in May; West Bengal, MP, Rajasthan laggards: Report

Mumbai: ‘ asset quality improved in May this year with lenders reporting better performances across buckets, a credit information company said on Monday in a report. West Bengal, Rajasthan and…

ITR for deceased spouse without a will: Legal heir tax rules and filing responsibilities explained

The loss of a spouse tends to bring immense emotional and psychological turmoil. This, along with the burden of financial responsibilities associated with the spouse, can sometimes become too much…

Closing India’s insurance gap will need more than just policy reforms

Investing in global stocks directly? Understand the costs and nominee rules first

Market

Stock market today: Sensex falls 400 points, Nifty 50 ends below 23,950; Reliance, Kotak Mahindra Bank among top drags

Stock market today: Snapping their two-day winning run, frontline indices the Sensex and the Nifty 50, ended lower on Monday, 29 June, due to profit booking amid an uptick in…

Top Gainers & Losers on June 29: Persistent Systems, Netweb Tech, Astral, MRF, Berger Paints, OLA among top losers

Amid renewed tensions in the Middle East, Indian equities resumed their losing streak in Monday’s trade, June 29, with both benchmark indices ending the session near the day’s lows. While…

Small-cap stock under ₹50 jumps after announcement of amalgamation move

Small-cap stock VMS TMT edged higher after the company announced that its Board of Directors has approved a Scheme of Amalgamation for the merger of Aditya Ultra Steel Limited (AUSL)…

Hexaware Technologies stock gains 9% after expanding AI partnership with Anthropic

Shares of defied the weak market trend in Monday’s intraday trade, June 29, surging 9% to an intraday high of ₹539 apiece after the company announced that it has become…

Market

JK Cement to focus on higher capacity utilisation, premiumisation in FY27: Madhavkrishna Singhania

JK Cement is prioritising enhanced capacity utilisation and aggressive premiumisation to protect margins against cost inflation this fiscal and is executing an expansion-led strategy to reach 50 MnTPA capacity by…

Alembic Pharmaceuticals gets USFDA nod for generic acne treatment gel

Alembic Pharmaceuticals on Monday said it has received final approval from the US health regulator for the generic version of Dapsone gel indicated for the topical treatment of acne vulgaris.…

BPCL to buy 40% stake in Tiki Tar and Shell India for ₹85 crore

State-run Bharat Petroleum Corporation on Monday said it will acquire a 40 per cent equity stake in Tiki Tar and Shell India for ₹85 crore in cash, as it seeks…

BPCL joins Shell, Tiki Tar to target India’s road infrastructure boom

has entered a three-way joint venture with Shell Gas B.V. and Tiki Tar Industries (Baroda) Limited by signing a joint venture and share subscription agreement with Tiki Tar and Shell…
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Axis

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