News Overview

The exchanges requested a clarification from the media business.

In the broader market, BSE Midcap and Smallcap indices both exhibited a 0.5% increase.

The move follows an extensive search process where Mehra stood out among multiple candidates from both domestic and foreign financial outfits

HFCL has been investing in establishing an end-to-end portfolio of 5G networking equipment.

Direct Taxes Outperforms Indirect Taxes

As per the suggested delisting plan, owners of ICICI Securities are expected to obtain 67 shares of ICICI Bank for each 100 shares they own.

Net interest income (NII) sees a substantial 42.4% jump, reaching Rs 1,292.2 crore compared to Rs 907.7 crore in the corresponding quarter

RBL Bank's standalone net profit for October-December period increased 12% year-on-year to Rs 233 crore.

On December 19, 2023, the RBI issued a directive prohibiting lenders from participating in AIFs related to borrowing enterprises.

The Rs 144-crore first share offer will be open for public subscription on January 22.