BUSINESS
RBI’s intervention in unsecured loans could hurt growth of banks, NBFCs
Post Covid-19, most lenders have turned pro-risk and, in the quest to accelerate growth/profitability, are chasing unsecured loan growth, including PL, Cards.
Vizhinjam Port will emerge as largest private port in Kerala: Karan Adani
“This project -- the development of the Vizhinjam International Deepwater Multipurpose Seaport -- has been the most challenging project that we have ever taken on and executed,” Adani said speaking at the inauguration of the Vizhinjam port.
Hyundai, Kia sell over 2 lakh eco-friendly cars in US from Jan-Sep
The two automakers have sold a combined 213,270 eco-friendly cars in the U.S. in the first nine months, up 61.6 per cent from the 131,986 logged over the same period last year.
Flipkart’s festive sales saw a record over 1.4 bn customer visits
Flipkart’s kirana partners delivered over 4 million packages in the first 4 days of TBBD 2023. The company said that seller success reached new heights with 2 times “crorepati seller growth over TBBD 2022”.
Air India Express flight diverted to Karachi due to medical emergency
According to an Air India Express spokesperson, the incident occurred when a passenger on board the Dubai-Amritsar flight experienced a severe medical complication during the journey.
IRDAI rejection raises more questions for Hinduja led IIHL on source of funds for RCAP acquisition
In a letter to IIHL, the Reliance Capital Administrator has asked the successful resolution applicant, IIHL to to share the final executed change in control application with the insurance companies, along with the source of funds and the business plan which do not contemplate the creation of pledge over the shares of RGIC and RNLIC, for onward submission to IRDAI.
Strained relations between Air India’s senior pilots & management: A deep dive into issues
Since Tata Sons took over Air India, the relationship between the airline's pilots and the new management has hit an all-time low. It is no secret that senior pilots have often struggled to find a sense of belonging within the organisations they serve, given the unique nature of their profession.
Market momentum with bulls: Possibility of moving up further likely
BSESENSEX gained 287.11 points or 0.44 per cent to close at 66,282.74 points while NIFTY gained 97.55 points or 0.50 per cent to close at 19,751.05 points. The broader markets saw BSE100, BSE200 and BSE500 gain 0.55 per cent, 0.56 per cent and 0.58 per cent respectively. BSEMIDCAP was up 0.71 per cent while BSESMALLCAP was up 0.86 per cent.
FPI sell figure at Rs 9,784 cr in Oct
According to NSDL data, FPIs sold equity for Rs 13,652 crore through the stock exchanges through October 13.
Festive Cheer: We're 2-4 weeks away from markets touching all-time high
This was seen during the Ukraine-Russia war and more recently last week during the Hamas-Israel conflict. Markets were hit just on Monday and then rebounded. This strong market performance can only be attributed to the strength that the underlying markets have and not to any other reason.
Don't Miss
Advertisement