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India's Bajaj Finance hits record high on strong loan growth, asset quality
Shares of Bajaj Finance jumped as much as 7.16% to an all-time high on Friday after analysts said accelerating loan growth in the first quarter alongside improving credit quality...
India
Rupee scales three-week high, lifted by state-run bank buying and oil, dollar retreat
The Indian rupee was perched at its highest in three weeks, on course for an over 1% gain in the five sessions through Friday as the boost from a hobbled dollar and softer oil pr...
India
Indian shares trade flat as financials, autos counter IT pullback
Indian shares were muted on Friday, as a rise in financials and autos on the back of robust earnings from key constituents offset a pullback in IT stocks after their recent rally...
India
Gold slips but on track to end four-month losing streak
Gold fell on Friday but was on track for its first monthly gain in five months, supported by bargain buying around the $4,000 level, while investors weighed developments in the M...
India
India's RBI allows differential rates on bulk deposits at banks based on liquidity risk
India's central bank on Thursday allowed banks to offer different interest rates on bulk deposits based on their liquidity risk profile, while reiterating that lenders cannot dis...
India
India's Tata Steel beats profit view on improved steel prices
Tata Steel , India's second-largest steelmaker by market capitalisation, reported a better-than-expected first-quarter profit on Thursday, as firm domestic steel prices and steady...
India
India's Kotak Investment Banking appoints co-CEOs
India's Kotak Investment Banking said on Thursday it had elevated Deputy Chief Executives V. Jayasankar and Sourav Mallik to co-CEOs and managing directors, effective August 1.
India
India's Thermax posts quarterly profit fall due to cost pressure
Indian engineering firm Thermax reported an 83.4% slump in first-quarter profit on Thursday, hurt by rising raw material and operating costs amid intensifying competition from la...
India
India's Swiggy posts narrower loss as quick commerce arm hits contribution break-even
India's Swiggy Ltd on Thursday posted a narrower quarterly loss by 34%, buoyed by healthy demand for its food delivery and as its quick commerce arm hit a contribution break-even...
India
India's Bajaj Finance beats profit view on higher loan growth, asset quality boost
India's Bajaj Finance posted a bigger-than-expected first-quarter profit on Thursday, helped by strong loan growth and improving asset quality.
India
Indian miner Vedanta names Arun Misra as CEO, Q1 profit jumps
Indian metals-to-oil conglomerate Vedanta on Thursday named Arun Misra as its chief executive officer for a one-year term starting August 1, while also reporting a 72% jump in fi...
India
Indian federal police file charges against 13 over exam paper leaks
India's Central Bureau of Investigation has filed charges against 13 people in connection with leaked question papers for the national medical college entrance test, days after yo...
India
India's Vedanta Aluminium posts quarterly profit rise on elevated aluminium prices
India's Vedanta Aluminium Metal , the pure-play aluminium company formed after Vedanta's demerger, reported a more than three-fold jump in first-quarter profit on Thursday, boost...
India
McDonald's India operator profit halves as higher costs weigh
Westlife Foodworld , a McDonald's operator in India, reported a 52% fall in quarterly profit on Thursday, as fast-food restaurants grappled with higher energy, labour and raw ma...
India
India's Mahindra plans to double EV capacity as quarterly profit rises
Indian automaker Mahindra & Mahindra said on Thursday it would double its auto production capacity over the next five years, after reporting a 6.8% rise in first-quarter profit dr...
India
Gillette India posts quarterly profit rise on steady demand for grooming products
Personal care products maker Gillette India on Thursday reported a 9.4% rise in first-quarter profit, helped by steady demand for its grooming products.
India
India's gold tariff hike boosts grey market, hurts organised trade, says WGC
India has seen a rise in unofficial gold inflows since the government raised import tariffs on the precious metal earlier this year, widening margins for grey-market operators and...
India
Indian rupee steady, forward premiums ease as traders parse Fed outcome
The Indian rupee was nearly flat on Thursday while dollar-rupee forward premiums declined slightly after the Federal Reserve left interest rates unchanged and vowed to fight infl...
India