Breaking news and analyses of Indian and world business, economy and politics from Mint.
Chemical manufacturer SRF on Wednesday reported a 123% rise in consolidated net profit at ₹395.3 crore as compared to ₹177 crore in the same quarter last year.
Tata Motors car prices to be increased again. Check details
#Opinion | The debt-to-GDP ratio of low-income developing countries witnessed a rise to 50% in 2020 from 44% the previous year. The gloomier part is that around half of the low-income countries today are at high risk of debt distress...
Airtel revises prepaid plans, recharge packs to start from ₹79. Details here
InterGlobe Aviation Ltd’s shares fell on Wednesday on the National Stock Exchange. In early deals, the stock was down more than 4%. (@PallaviPengonda reports)
Bajaj Finserv Ltd now has a higher market capitalisation than Axis Bank Ltd following a surge in its share price which hit a fresh record-high on Wednesday. (@rravindia reports)
Kotak Mahindra Bank, Axis Bank, HDFC bank and ICICI bank on Tuesday said that they have picked up stake in a newly incorporated fintech firm IBBIC Pvt Ltd (IBBIC). (@GopikaGopa reports)
The US central bank is expected to keep key interest rates intact, but FIIs will closely follow its comments on ever-rising inflation amid an increase in fresh covid cases and global supply chain issues. (@NasrinzStory reports)
Ramco Cements Ltd reported a higher-than-anticipated fall in sales volumes in the June quarter. On a year-on-year (y-o-y) basis, volumes fell around 11% due to the prolonged lockdowns...
#PersonalFinance | Gold price trade sideways. Should you buy on dips?
Glenmark Life vs Rolex Rings IPO: GMP, subscription and other details
IRCTC launches scheme for booking tickets of Tejas Express with SBI cards Details here:
The June-quarter earnings of Larsen & Toubro Ltd (L&T) were a mixed bag, with more misses than hits. Net profit at ₹1,170 crore was 22% below consensus estimate. (@imharshaj reports) Via @livemint_m2m
IndusInd Bank saw all the possible trouble that lenders faced during the 2nd wave of the pandemic, but the bank’s management believes that defaults will reduce, giving it confidence to increase disbursements (@aparnaviyer02 reports) Via @livemint_m2m
ICICI Bank service charges to change from next week: 10 things to know
#MintPlainFacts | Each story like Infosys, each market boom expanded the pool of investors. Just as the market was evolving, so were the rules, often in response to fraudulent practices.
#MintPlainFacts | In that deluge of new issues, one was that of Infosys Ltd in 1993. That share sale was barely subscribed. However, as the Indian economy opened up, it created new business opportunities.
#MintPlainFacts | RIL, liberalization also expanded the primary market. In April 1992, capital market regulator Securities and Exchange Board of India (Sebi) was set up.
#MintPlainFacts | RIL issued shares to the public for the first time. The issue size was ₹2.82 crore and was priced at par value. It set in motion events that would lead to RIL playing a central role in drawing individual investors to equity investing.
This Dolly Khanna stock logs 50Percent rise in one month after inclusion in portfolio