IndusInd Bank Sees 16-17% Credit Growth Ahead in FY27
IndusInd Bank expects credit growth to become more broad-based in FY27, targeting 16-17% growth and a 1% return on assets, its CEO said. Managing Director...
Author : Tabassum Chaudhary
PI Industries Shares Hit 52-Week Low on Kumiai Warning
PI Industries shares fell to a fresh 52-week low of ₹2,191 on 11 September after a key client, Kumiai Chemical, cut its profit outlook. The...
IRDAI Fines Canara HSBC Life ₹1 Crore Over Mis-Selling
IRDAI has fined Canara HSBC Life Insurance ₹1 crore after finding it mis-sold a deferred annuity policy to an 88-year-old senior customer. The insurer disclosed...
Neogen Chemicals Recovers to Hit Day High After QIP Move
Neogen Chemicals shares touched a day high of ₹2,411 on 11 September, recovering sharply after an early slide tied to its QIP pricing. The volatility...
Premier Energies, RCT India Sign JV for 12 GWh BESS Plant
Premier Energies has signed a binding term sheet with RCT India, part of Germany’s RCT Group, to build a 12 GWh battery storage plant in...
Authum Investment Shares Jump 9% in a Weak Market
Authum Investment shares rose as much as 9% on 11 September, touching a day high of ₹558, even as the broader market stayed weak. This...
Oracle Beats Q1 Estimates as AI Demand Boosts Backlog
Oracle topped Wall Street’s Q1 estimates and eased investor worries about AI spending, as strong cloud demand pushed its backlog higher. The results point to...
Vodafone Idea Shares Rise on $3.5 Billion SBI Debt Deal
Vodafone Idea shares rose to a day high of ₹15.20 on 11 September after reports of a $3.5 billion debt deal from an SBI-led lender...
Edvenswa Signs MoU With Armour1X for AI, Cybersecurity
Edvenswa Enterprises has signed an MoU with Armour1X LLP to jointly develop AI, cybersecurity and deep-tech solutions for enterprise clients. The MoU was executed on...
ECB Raises Rates Again as Iran War Fuels Inflation
The ECB raised its deposit rate by 25 basis points to 2.50% on Thursday, its second hike since February, as the Iran war drives up...