Union Bank of India becomes fourth PSU lender to cross Rs 1-lakh-crore valuation on January 16, 2024 at 7:24 am

The stock in 2023 jumped nearly 49 percent while so far in 2024 it advanced nearly 15.1 percent. The firm will report its December quarter earnings on 20 January.

HDFC Bank trades flat ahead of Q3 results, stock up 9% in 3 months on January 16, 2024 at 5:40 am

According to a Moneycontrol poll, HDFC Bank#39;s NII in Q3 is expected at Rs 28,846 crore against Rs 27,385 crore in the previous quarter

Mid-day Mood | Indices recover from early losses amid gains in financial stocks, IT sees profit-booking on January 16, 2024 at 6:17 am

The benchmark indices shrugged off weak global trend to recoup early losses to trade marginally high on gains in financial names

Omega Seiki Mobility ties up with Kissan Mobility to deploy 500 electric three-wheelers for last-mile delivery on January 16, 2024 at 6:49 am

The deal, valued at Rs 20 crore, encompasses a diverse range of applications, spanning across e-commerce and fast-moving consumer goods and durables segments, OSM said in a statement.

TCS aims to train entire staff with Gen AI skills on January 16, 2024 at 6:52 am

As a business opportunity, Gen AI is in its “early days” right now and the use cases are smaller right now, head of the company#39;s recently created #39;AI.Cloud#39; unit Siva Ganesan told PTI.

Usha Martin gains after Thai subsidiary acquires stake in a wire company on January 16, 2024 at 4:37 am

Upon completion of the acquisition, will become a step-down subsidiary of Usha Martin

RBI#39;s stricter HFCs norms to have minimal impact on PNB Hsg, LIC Hsg, Can Fin Homes, say analysts on January 16, 2024 at 5:03 am

The central bank proposes to reduce the ceiling for public deposits held by HFCs to 1.5x from 3x of net owned funds

Capri Global surges 12% on getting corporate agency licence on January 16, 2024 at 5:19 am

The licence will allow it to distribute life, general, and health insurance products. The company expects a net fee income of Rs 20 crore from insurance cross-sell in FY25

China’s surprise rate inaction is a missed opportunity on January 16, 2024 at 5:27 am

In holding a key interest rate on Monday, the central bank missed an opportunity to set a narrative at the start of what#39;s likely to be another tough year. Consumer prices have been flat or declining for months. Authorities appear at a loss to turn the situation around, assuming they want to

Aster DM Healthcare jumps 12%, to consider Rs 120 dividend following GCC biz stake sale on January 16, 2024 at 3:18 am

Following the stake sale, the board will consider distributing 70–80 percent of the upfront consideration of $903 million as a dividend to its shareholders