Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Growth in the core income slowed for the country's second largest private sector lender, but the treasury operations helped it report a 14.62 per cent rise in its post-tax profit at Rs 11,059 crore on a standalone basis. The core net interest income (NII) growth came at a multi quarter low of 7.3 per cent to Rs 19,553 crore for the reporting quarter.
'It's all about people who will perform at the right time, and that's going to happen in April and May during the IPL.'
Shastri feels managing the workload of players, especially bowlers, will be Gambhir's biggest challenge.
'One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.'
South Africa batting great AB de Villiers has heaped praise on Jasprit Bumrah for simply "outbowling" his colleagues in the second Test against England in Visakhapatnam to help India level the five-match series.
India's population is projected to peak in the early 2060s at about 1.7 billion and then decline by 12 per cent, but the country will remain the world's most populous throughout the century, the United Nations has said.
Runs, wickets, fans and drama. Capturing all those moments and more on his canvas was British artist Andy Brown.
'MIIs or market intermediaries shall enter into an appropriate agreement with entities with whom they intend to share real-time price data.'
De Kock combined with Markram (60) in a 131-run stand to steady the innings before he and Heinrich Klaasen tore apart the Bangladesh attack plundering 142 runs from 87 balls.
In a bid to ease compliance towards companies planning public offers (IPOs), the Securities and Exchange Board of India (Sebi) has notified norms that open more avenues to meet the minimum promoters' contribution (MPC). The market regulator has permitted promoter group entities and non-individual shareholders to contribute to the mandated promoters' contribution in the case of a shortfall without being identified as a promoter.
Capital markets regulator Sebi on Thursday barred JM Financial Ltd from taking new mandate for acting as a lead manager for any public issue of debt securities, for indulging in unfair trade practices. However, in case of existing mandates, JM Financial can continue to act as a lead manager for public issue of debt securities for a period of 60 days, Sebi said in its interim order.
Technology giant Apple Inc has pushed the pedal on exporting iPhones from India by racking up exports valued at over $2 billion in the first two months of the current financial year (FY25), according to the data provided by vendors to the government. This accounts for 81 per cent of the country's total production of iPhones worth $2.6 billion. In May, Apple repeated its performance of April and once again crossed $1 billion of iPhone exports.
An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation).
Raising toast to 25 successful years, India's largest wine maker Sula Vineyard is eyeing a sustained double-digit growth in revenue over the next five years, buoyed by growth in the premium and elite categories and expansion of its new ranges. It was during Covid that the vineyards shifted focus to its own brands and pivoted towards growing the premium and elite segment of the market.
Reserve Bank of India on Friday said NPCI has been asked to examine the possibility of it becoming a third party application provider for continued UPI operations of the Paytm app. The central bank has barred Paytm Payments Bank from accepting further credits into its customer accounts and wallets after March 15, 2024.
The Securities and Exchange Board of India (Sebi) has proposed stricter eligibility criteria for adding and retaining stocks in the futures and options (F&O) segment, which accounts for the bulk of the trading volumes. The proposal-which comes six years after the securities regulator last revised the stock selection framework---is much awaited by the market players as the derivatives stock list has largely remained stagnant for the last two years.
Gambhir was left visibly moved as Dravid reflected on his successful tenure and offered words of wisdom for the new role.
Sebi's mandate restraining mutual funds, stock brokers, and other intermediaries from associating with finfluencers who do not come under the Sebi ambit will impact the earnings of finfluencers through sponsorships, tie-ups, or referral links, as these may dry up due to the restrictions.
US short seller Hindenburg Research, which had rocked the Adani Group with allegations of stock market manipulation and accounting fraud, on Tuesday said it has received a show cause notice from Indian capital market regulator Sebi over alleged violations in placing bets on the conglomerate stocks. Hindenburg termed the show cause notice as "nonsense" and "concocted to serve a pre-ordained purpose: an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India."
India's newly-forged coach-captain combination of Gautam Gambhir and Suryakumar Yadav will look to make instant impact against a Sri Lankan team in disarray.
Glimpses of the tragic aftermath following last Friday's triple train collision in Odisha's Balasore district.
I am happy I didn't knock anyone down, driving recklessly or trying to show off. However, in one instance of road rage (the consequence of arguing with a driver who disrespected my right to cross the road peacefully) I did find a man in a SUV taking his anger out on me by driving his vehicle over my feet, recalls Shyam G Menon.
Mohammed Shami and Mohammed Siraj sent Sri Lanka crashing for 55 as India scored a thumping 302-run victory to qualify for semis.
IMAGES from the World Cup match between India and Sri Lanka played at the Wankhede stadium in Mumbai on Thursday
'I humbly request the government to create safe spaces for ALL women, the strictest of punishment and the swiftest justice.'
The market regulator's newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life Insurance Corporation (LIC) of India, Jio Financial Services, Zomato, Paytm, DMart, and Adani Energy into the derivatives segment. The Indian derivatives market, which accounts for most of the trading volumes, could see big churn with over two dozen exits from the current list of 182 stocks due to an upward revision in the eligibility thresholds.
Jasprit Bumrah led the Indian attack from the front in the second Test against England. Following a sizzling six-wicket haul in the first innings, Bumrah returned to pick up three to guide India to a series-levelling win.
Australia's chairman of selectors George Bailey has defended the omission of explosive batter Jake Fraser-McGurk from their T20 World Cup squad, saying he is an exciting option going forward but their top-three, including David Warner, have been doing well.
The Shankarrao Chavan Government Medical College and Hospital in Nanded, Maharashtra, is where 31 patients died in 48 hours this week.
Describing their situation akin to "bonded labour", two Air India pilot unions extended their support to Vistara pilots on Thursday, who have raised grievances regarding the duty roster and the revised salary structure. Amid the slew of flight cancellations and delays, Vistara chief executive officer Vinod Kannan acknowledged on Wednesday that pilot utilisation in the airline was high, and announced plans to scale back its flight schedule and overhaul the rostering system to provide pilots with more rest time.
In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.
From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.
Shubman Gill had twin challenges to tame when he entered the Test series against England -- a barren run that gripped him for nine innings, which was made grimmer when he dropped down to bat at a rather new No. 3 slot at this level.
An accurate early warning system that correlates rainfall and the potential for landslides. That is the imperative, say experts as rains create havoc in hills across India and the toll mounts in Kerala's Wayanad slopes where landslides buried entire homesteads and possibly hundreds of people.
A key moment that is being anticipated in this series is Ashwin touching 500 Test wickets and becoming only second Indian and ninth overall bowler to do so.
Kolkata Knight Riders may miss out on the services of their captain in the first few matches of the Indian Premier League.
Rajinikanth's Jailor released in theatres to much frenzy among his fans.
'But it might spin a little bit certainly as the game goes on.'
Spinners selected gives us best opportunity to beat India: Ben Stokes
'We are sure FY25 is going to be better...But to call out that all problems are behind us is a bit early.' 'The underlying business sentiment has not changed significantly.'
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