Search Results for: retail lending

Indian equities start new week in red; weak global cues contributory factor [details]

Indian equity benchmarks declined in opening deals on Monday on weak global cues.

May 9, 2022

HDFC hikes home loan rates for existing customers effective May 9

HDFC on Saturday announced that it would raise its Retail Prime Lending Rate (RPLR) by 30 basis points.

May 7, 2022

FPI selling extends to 8th straight month, pulls out over Rs 6k cr in May

Continuing its selling spree for the seventh consecutive month, foreign portfolio investors have pulled out Rs 17,144 crore from the Indian equity market in April. In May too, the trend remained the same.

May 7, 2022

Struggling Auto industry faces another hurdle as RBI move makes loans costlier

The automobile industry is still not out of the woods and the Reserve Bank of India's (RBI) move to increase the repo-rate by 45 basis points will make vehicle loans expensive, said a top official of the Federation of Automobile Dealers Association (FADA).

May 5, 2022

LIC IPO Day 1: 67% issue subscribed; policyholder, employee portion oversubscribed

The biggest initial public offering (IPO) in the history of Indian markets, the LIC IPO, was subscribed 67 per cent on Wednesday, the first day of bidding.

May 5, 2022

Ma Shocker: Arrest of 'Ma' in China erodes $27 bn from Alibaba's share value

The arrest of an individual with the last name 'Ma' in China left people in utter shock who dumped shares in Alibaba that eroded a massive $27 billion in its share value, as investors thought the person arrested was the billionaire Jack Ma.

May 4, 2022

Caption: Rs 10 lakh to kin of govt general insurance employees dying of Covid

Govt-owned insurers go for organisational rejig, call for consultants

Is the central government moving towards merging its four general insurance companies into one?

May 3, 2022

cement sector, cement update, top picks, dalmia cement, MOSL research, shree cement, ramco cement

Adani on acquisition spree; In talks with Holcim to buy ACC, Ambuja

Ambuja Cement has a market capitalisation of Rs 76,477.13 crore, while ACC has a market capitalisation of Rs 43,389.19 crore, bringing the total market valuation of the two businesses to Rs 1.20 trillion.

Apr 27, 2022

Equity indices break two-day losing streak, Sensex up 700 pts, Nifty up 208 pts

Breaking a two-day losing streak, Indian equity benchmarks rose in the opening session primarily due to value buying at lower levels by enthusiastic investors, say analysts.

Apr 26, 2022

Stock Markets: Sensex, Nifty extend losses, rising inflation a concern

Indian equity benchmarks extended their losses from the previous week as the markets are worried about the rising inflation besides the likelihood of monetary policy tightening in the US.

Apr 25, 2022

Local goes global; Walmart opens platform for Indian sellers to reach 120mn US consumers

Retail giant Walmart on Thursday said that it is now offering manufacturers and trading firms in India to reach a growing market of more than 120 million US consumers each month.

Apr 21, 2022

Apple workers at NYC store hope to be next in Big Tech unionisation

Employees at an Apple New York City store in Grand Central Terminal have started collecting signatures to form a union.

Apr 20, 2022

'Not discriminating against anyone'; Delhi Police chief refutes allegations of one-sided probe [details]

Refuting all allegations of the investigation of Jahangirpuri communal violence being one-sided and only members of one particular community being targetted, the Delhi Police Commissioner Rakesh Asthana on Monday said the police was not discriminating against anyone.

Apr 18, 2022

Sensex plunges by 1,232 points after opening hour; Nifty down by 335 points

As of 10:30 a.m., Sensex declined to 57,106.94 or by 1,231.99 points down (2.11%), while Nifty was down to 17,140.30 or 335.35 points down (1.92%).