In January, FPIs withdrew Rs 64,156 crore from Indian equity markets
The exodus of FPIs from Indian equity markets continues unabated. In January so far, they withdrew Rs 64,156 crore ($ 7.44 billion).
The exodus of FPIs from Indian equity markets continues unabated. In January so far, they withdrew Rs 64,156 crore ($ 7.44 billion).
ICICI Bank reported a 14.8% year–on–year (Y-o-Y) increase in net profit to Rs 11,792 crore in the quarter-ended December (Q3FY25), due to steady growth in net interest income (NII) and a robust increase in non-interest income, according to an official release.
The Centre on Friday cautioned citizens against fraudsters issuing fake and fraudulent summons for Goods and Services Tax (GST) violations.
IndiGo, which is India's largest airline by market share, has reported an 18% year-on-year fall in its December quarter consolidated net profit at Rs 2,449 crore as against Rs 2,998 crore, a year ago, according to a company release issued on Friday.
In the month of November, 16.07 lakh new employees have been added under the Employees' State Insurance Corporation (ESIC), the corporation said here on Friday.
At close, Sensex fell 0.43 per cent at 76,190.46, while the Nifty declined 0.49 per cent, ending at 23,092.20. BSE MidCap and SmallCap indices dropped 1.6 per cent and 2.2 per cent, respectively.
Tata Electronics, the electronics manufacturing business of Tata Group, announced on Friday that it has acquired a controlling 60% stake in Pegatron Technology India Private Limited (PTI).
The HSBC India Composite PMI Flash reading, dipped below the 58 mark for the first time in 13 months.
LG Electronics, South Korea's leading home appliance maker, said on Thursday its fourth-quarter net loss deepened from a year earlier as a weak won pushed up foreign exchange translation losses.
Kotak Mahindra Bank on Thursday said it has completed the acquisition of the personal loan portfolio of Standard Chartered India for Rs 3,330 crore.
