India credit card spending growth slows in August as competition intensifies
India’s credit card spending growth slowed in August, with HSBC and Jefferies flagging muted momentum and profitability pressures. Card additions…
Category: Business
Govt evaluating financial bids for IDBI Bank strategic sale: Sources
The government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for a 60.72 per cent stake…
Ekkaa Electronics files papers for Rs 725 crore IPO
Ekkaa Electronics has filed draft papers with Sebi to raise Rs 725 crore through an IPO, comprising a fresh issue…
Rupee rises 14 paise to 95.85 against US dollar in early trade
The rupee gained 14 paise to 95.85 against the US dollar in early trade on Friday, supported by positive domestic…
Brent crude hovers around $106 amid hopes of Strait of Hormuz deal
Oil prices fell as reports of US-Iran talks raised hopes of reopening the Strait of Hormuz and easing supply disruptions.…
Coca-Cola India scales up festive partnerships and retail reach
Coca-Cola India and bottling partner Hindustan Coca-Cola Beverages are expanding their festive presence across Maharashtra and other states through retail…
Rupee slips to 95.96 amid crude oil spike and market sell-off
The rupee fell 23 paise to close at 95.96 against the US dollar, pressured by higher crude oil prices, a…
Govt cuts crude sunflower oil import duty to nil, lowers soybean and palm oil duty to 5 pc
The government cut Basic Customs Duty on imported crude edible oils to ease domestic prices and inflationary pressures. Duty on…
Maruti Suzuki India commissions green hydrogen plant at Manesar
Maruti Suzuki commissioned a 300 kW green hydrogen electrolyzer at its Manesar plant to produce hydrogen using renewable energy and…
Sensex tanks 564 points, Nifty slips below 23,250 amid global yield concerns
Indian benchmark indices opened sharply lower on Thursday, with the Sensex dropping over 560 points and the Nifty falling more…