HDFC Bank reported its Q1 business update which showed a sequential decline in advances and deposits. HDFC Bank share price fell over 3% in early deals today (July 5) as the private lender reported its Q1 business update, which showed a sequential decline in advances and deposits. HDFC Bank’s advances fell 0.8% quarter-on-quarter (QoQ) to…
Growth in India’s key services industry accelerated last month on strong demand and a record rise in export orders, according to a business survey that also showed companies were hiring at the speed pace in nearly 2 years. HSBC’s India Services Purchasing Managers’ Index, compiled by S&P Global, rose to 60.5 in June from 60.2…
Rajesh Toyota, a flagship dealership of Toyota Kirloskar Motor (TKM), has secured the esteemed GreenCo Gold Rating from the Confederation of Indian Industry (CII) Green Business Centre, marking a historic first for automotive dealerships in India.At a ceremony in Chennai, Rajesh Toyota was lauded for its exemplary environmental practices, recognized under Toyota’s Environmental Challenge 2050….
The Food and Drug Administration recently authorized the first menthol-flavored electronic cigarettes for adult smokers, acknowledging that vaping flavors can reduce the harms of traditional tobacco smoking. The FDA said it authorized four menthol e-cigarettes from Njoy, the vaping brand recently acquired by tobacco giant Altria, which also sells Marlboro cigarettes. The decision supports vaping…
ITC Limited has reported a significant growth in the number of employees earning more than Rs 1 crore annually, with a growth of 24.11% in FY24 compared to the previous year. According to the company’s annual report, 68 additional high-ranking officers joined the top pay bracket, taking the total number to 350 in financial year…
The ratio of premium turnover to cash market has remained stable over the last three years. The rapid increase in futures and options (F&O) trading volumes in recent years could pose several challenges as market fluctuations impact retail investors who do not follow proper risk management, a Reserve Bank report has said. These fluctuations may…
Online food ordering and delivery platform Zomato on Thursday said it is expanding its ‘Restaurant Service Centre’, a one-stop solution to help restaurants expand across the country. Through its Restaurant Services Centre, Zomato currently provides services related to staffing and licensing in restaurants. Over the past six months, the Restaurant Service Center has already served…
The 30-share BSE Sensex closed at a new closing peak of 78,674.25, up 620.73 points or 0.80 percent.Shares of Reliance Industries surged 4 percent on Wednesday, taking its market valuation above Rs 20 lakh crore and helping benchmark indices close at record highs.The market bellwether stock closed 4.09 percent higher at Rs 3,027.40 on BSE….
In a major boost to pilgrimage centre, the Vaishno Devi shrine, the much-awaited helicopter service from Jammu to Vaishno Devi via Panchhi helipad started on Tuesday(26 June 2024) The service will offer a convenient and comfortable mode of transportation to the shrine. The direct helicopter service from Jammu to Vaishno Devi was confirmed by the…
The Railway Ministry has issued a statement clarifying that any individual with an IRCTC account can book e-tickets for others, dismissing as false and misleading a social media claim suggesting restrictions based on differing surnames. A post on the social media platform X claimed that a person with an account on the website of the…
