Through this collaboration, Axis Bank will utilise Mintoak's white-labelled mobile SaaS platform, enabling SMEs to accept payments, access transaction reports and submit service requests directly through the app.
I think after FY23, when they raised guidance in October but then missed due to sudden environmental changes, management is being cautious.
The government will conduct market surveillance to verify air purifier manufacturers' claims following accusations of false assertions. Consumer Affairs Secretary mentioned plans to check compliance with quality control orders. The move aims to address concerns over misleading marketing and pollution levels in cities, advocating for collaboration between BIS, ministries, and consumers.
Domestic brokerage firm Nuvama has initiated coverage on JSW Infrastructure (JSWIL) with a ‘buy’ rating and a target price of ₹390, citing the company's potential for strong long-term growth. This target price suggests a 22% upside from the stock’s closing price on Monday.
Leading insurer HDFC Life reported a 15% increase in standalone net profit for the second quarter, reaching ₹433 crore, up from ₹377 crore in the same period last year.
Mumbai Police arrested 23-year-old Harishkumar Balakram, a scrap dealer from Pune, for his involvement in the murder of NCP politician Baba Siddiqui. Balakram, identified as the fourth accused, provided financial support and logistics for the assassination, which occurred on Sunday, resulting in Siddiqui's death from gunshot wounds.
The upward momentum was bolstered by positive global signals. Oil prices dropped around 3% in early trading after reports that Israeli Prime Minister Benjamin Netanyahu informed the U.S. of Israel's willingness to target Iranian military installations, easing concerns about supply disruptions. This decline in oil prices is seen as a relief for inflationary pressures.
Jeevan Pramaan Patra: A life certificate, also referred to as a Certificate of Existence, is a document that serves as evidence that the individual was alive at the time of its issuance. Pensioners are required to present a life certificate to their pension disbursing agency annually in order to receive their pension.
India and Canada face a major diplomatic crisis after Canadian PM Justin Trudeau accused Indian agents of being involved in Nijjar's killing. India rejected the claims and both nations expelled each other's diplomats. The tension escalated with calls for evidence and discussions about anti-India extremist activities in Canada.
BMW's CEO, Oliver Zipse, urges Europe to drop its 2035 fossil fuel car ban to reduce dependence on China's battery supply chain and leverage alternative technologies like e-fuels and hydrogen. Despite the region's caution and existing targets, Zipse emphasizes the need for a technology-agnostic regulatory framework.
External Affairs Minister S Jaishankar will visit Pakistan to attend the SCO Council of Heads of Government meeting. This visit is the first by an Indian foreign minister in almost a decade. The meeting will focus on trade and economic agenda. Bilateral talks between India and Pakistan's foreign ministers are ruled out despite the frosty relations between the two countries.
European shares scaled a fresh two-week high on Tuesday, while investors monitored the ongoing corporate earnings season and awaited further economic cues from the central bank's interest rate decision due later this week.
Secondly, these guys have largely driven the SUV drive in India. So, as a percentage of sales domestically, 60% of sales in the SUV segment, but for Hyundai Motors India, it has been roughly 63%. They consistently have doing 20% of exports vis-à-vis the rest of the counterparts and largely in terms of margins.
US hip-hop mogul Sean "Diddy" Combs is facing new allegations of rape and sexual abuse as six lawsuits have been filed against him, detailing incidents from 1995 to 2021. The accusers, including both men and women, allege various forms of sexual misconduct, including rape, forced oral sex, and drugging to incapacitate victims.
In north Bengaluru, a 29-year-old woman allegedly killed her two daughters and took her own life. Her husband discovered the bodies and later hanged himself. The family lived in the city for six years. Police suspect a marital dispute may have led to the tragedy. A detailed investigation will be conducted.
India's aviation will need $170 billion to be spent by 2030 to finance aircraft orders and enhance airport infrastructure amid surging passenger traffic, S&P Global Ratings said. Domestic passenger traffic is forecast to reach 300 million, with international traffic also expected to double. Record orders have been placed with Airbus and Boeing.
A total of 561,214 shares changed hands on the counter till 02:08PM (IST)
The country is pursuing a broader plan to ensure homes and businesses across Italy have access to fixed-line internet speeds of at least 1 Gigabit per second by 2026. "We're assessing with Starlink and other players the possibility of complementing existing infrastructure with satellites for the most remote areas," undersecretary to the Prime Minister's Office Alessio Butti said in an interview with Il Sole 24 Ore daily ahead of a Group of Seven ministerial meeting on technology and digital on Lake Como.
The Karnataka High Court has backed BDA's authority to accept or reject bids in site auctions without reasons. The court ruled in favour of BDA, stating it aligns with public interest. This decision overturns a single-judge ruling and supports BDA's policy to secure the highest bid. The property was later sold for over Rs 10 crore.
Sebi’s new asset class caters to investors with ₹10-50 lakhs, offering complex strategies like long-short equity and inverse ETFs previously limited to wealthier individuals. It aims to fill the gap between mutual funds and high-entry barrier investment options, promising better risk-adjusted returns but also carries higher costs and performance uncertainty.
A total of 226,654 shares changed hands on the counter till 02:03PM (IST)
Mahindra Solarize, aiming to remain a top player in rooftop solar EPC, plans annual growth of 20-25%. The company will double its team by FY25 to support this. Addressing challenges, leveraging brand strength, and focusing on quality, Mahindra Solarize aims to drive RTS growth, supported by industry enhancements and government mandates.
A total of 486 shares changed hands on the counter till 01:58PM (IST).
India Inc will offer a median salary increase of 9.5% in 2025. It matches the hikes in 2024. Pharmaceuticals, manufacturing, and insurance sectors will see higher increases. Concerns include cost management, inflation, and a tighter labor market. 28% of companies plan to add headcount, while 68% will maintain their current numbers.
