HDFC Bank tremors rock banking stocks, Nifty Bank plunges 4% on January 17, 2024 at 8:15 am

All 12 Bank Nifty names were in the red. Other than HDFC Bank#39;s disappointing Q3 show, cautious outlook for private banks also hit investor sentiment, leading to sharp selling in the banking pack

Medi Assist not a mere proxy but a partner to the health insurance ecosystem: Chairman Vikram Chhatwal on January 17, 2024 at 8:54 am

India#39;s underpenetrated health insurance market, currently at 16% with expectations to double by 2028, highlights substantial growth potential for the company

Google Pay signs pact with NPCI to expand UPI payments outside India on January 17, 2024 at 8:54 am

The memorandum of understanding (MoU) will enable Indian travellers to make payments in other countries via Google Pay (also known as GPay), eliminating the need to carry cash or resort to international payment gateways.

Sensex tanks 1,300 points, Nifty down 1.7%; 5 factors pulling the market down on January 17, 2024 at 6:15 am

Markets across the globe struggled as hawkish comments from Federal Reserve Governor Christopher Waller triggered a spike in yields on the US 10-year bonds and the dollar index

Adani to invest Rs 12,400 crore in data centre, energy projects in Telangana on January 17, 2024 at 6:44 am

The group signed four memorandums of understanding (MoUs) for the investments at the World Economic Forum in Davos in presence of Telangana Chief Minister Revanth Reddy and Adani Group chairman Gautam Adani.

Eicher Motors extends losses after CLSA too downgrades the stock on January 17, 2024 at 6:44 am

On January 16, Morgan Stanley downgraded the stock to “underweight” from “equal weight” and also cut the target price

Fund flows to Indian IT stocks set to rise on positive earnings surprise: Analysts on January 17, 2024 at 7:11 am

Shares of India#39;s IT companies, which earn a significant share of their revenue from the U.S., surged 16.13% in the final two months of 2023, exceeding the benchmark Nifty 50#39;s 13.9% gain.

Airlines, planemakers set to unveil new orders at Indian aviation event on January 17, 2024 at 7:15 am

As India sets its sights on becoming a regional aviation hub to rival Dubai and Singapore, the Wings India event in its southern city of Hyderabad, running from Thursday to Sunday, is set to draw representatives of lessors and government as well.

HDFC Bank sheds 6% to top Nifty losers as flat margins, lower EPS growth upset investors on January 17, 2024 at 7:16 am

A key miss in margins comes despite rise in cost-to-deposit ratio, receding impact of incremental cash reserve ratio (ICRR), and deployment of excess liquidity, said analysts

Europe market outperforms North America in Q3 for IT cos; demand to return in H1FY25 on January 17, 2024 at 7:33 am

According to analysts, early signs show that the weakness has bottomed out. In fact, one of them said IT services business will see a possible rebound soon, irrespective of whether the US cuts interest rates or not.