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Upcoming IPO: CIEL HR Services receives Sebi nod for proposed public offer

New Delhi, Feb. 17 -- Human Resource services provider CIEL HR Services, on Monday, said that it has received final observation from markets regulator Securities and Exchange Board of India (SEBI) to ... Read More


Kotak Mahindra Bank cuts interest on savings account by 50 bps. Check here

New Delhi, Feb. 17 -- Kotak Mahindra Bank has slashed its interest rates on savings accounts effective February 17, 2025 soon after the Reserve Bank of India (RBI) reduced its repo rate by 25 basis po... Read More


LIC slashes stake in nearly 100 stocks in Q3; Tata Power, HPCL among top 10 sells

LIC Portfolio Stocks, Feb. 17 -- During the third quarter of the ongoing financial year 2024-45, India's biggest life insurer and domestic institutional investor (DII), Life Insurance Corporation of I... Read More


10% earnings cut: Edelweiss AMC CIO sees a rebound only in second half of FY26

New Delhi, Feb. 17 -- As global markets navigate uncertainty, factors that could drive foreign capital into India would be the stability of the dollar, transparency on tariffs and trade barriers, and ... Read More


INR slips amid significant foreign fund outflows

Mumbai, Feb. 17 -- The Indian rupee depreciated 16 paise to close at 86.87 (provisional) against the US dollar on Monday, weighed down by significant foreign fund outflows and a recovery in the US dol... Read More


Odisha Budget 2025-26: CM allocates Rs 14,701 Crore for Agriculture and Farmer's Empowerment

Bhubaneswar, Feb. 17 -- Odisha Chief Minister Mohan Charan Majhi proposed an outlay of Rs 14,701 Crore for Agriculture and Farmer's Empowerment Department in annual budget for the year 2025-26. Agric... Read More


Quality Power Electrical Equipments IPO subscribed 83%

Mumbai, Feb. 17 -- The initial public offer (IPO) of Quality Power Electrical Equipments received 92,24,514 bids for shares as against 1,11,12,530 shares on offer, according to stock exchange data at ... Read More


How AGS Transact's cash crunch that led to shut ATMs, loan defaults, has been in the making

New Delhi, Feb. 17 -- In the second week of December, a Delhi-based investor had a call with the management of AGS Transact Technologies Ltd, the country's second-largest manager of automated teller m... Read More


Why the world's biggest VC believes Indian IT is facing a risk

New Delhi, Feb. 17 -- Will artificial intelligence (AI) impact jobs and the powerhouse that is the Indian IT services industry? The debate, which existed for a while, picked up steam with the advent o... Read More


Gold rush offers shine to selective lenders

New Delhi, Feb. 17 -- Gold is shining bright, with price above Rs.80,000 per 10 grams. Rising price of the yellow metal means higher value of collateral for gold lenders and a boost to their assets un... Read More