Exclusive

Publication

Byline

RBI cuts repo rate by 25 basis points, first in five years

New Delhi/IBNS, Feb. 7 -- The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said. This is the f... Read More


Ajax Engineering IPO: Kedaara Capital-backed firm raises over Rs.379 crore from anchor investors ahead of public issue

New Delhi, Feb. 7 -- Concrete equipment manufacturer Ajax Engineering, backed by Kedaara Capital, mobilised more than Rs.379 crore from anchor investors days before its initial share-sale opening for ... Read More


RBI cuts repo rate by 0.25 pc, first time in nearly five yrs

New Delhi, Feb. 7 -- Amid easing inflation pressure, the Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) on Friday decided to cut policy repo rate by 0.25% to 6.25% raising hopes of reli... Read More


Banks stocks slide after RBI cuts repo rate by 25 bps

Mumbai, Feb. 7 -- The Monetary Policy Committee (MPC) held its 53rd meeting from February 5 to 7, 2025 under the chairmanship of Sanjay Malhotra, Governor, Reserve Bank of India. After assessing the ... Read More


PG Electroplast surges as Q3 PAT climbs 109% YoY to Rs 40 crore

Mumbai, Feb. 7 -- Revenue from operations surged 81.9% to Rs 967.69 crore in the quarter ended 31 December 2024. Profit before tax was at Rs 53.57 crore in the third quarter of FY25, down 106.1% from... Read More


RBI Monetary Policy: Why experts are bullish on small-cap auto stocks after RBI's rate cut?

Stock Market Today, Feb. 7 -- The reduction repo rate improves the working capital availability for Auto companies. Also while larger Auto makers were still managing situation, small cap auto stocks a... Read More


Paytm Allots 1.36 Lakh Shares Under ESOP Scheme

India, Feb. 7 -- Fintech major Paytm's board has approved the allotment of 1.36 Lakh equity shares to its eligible employees under employee stock option plan (ESOP) 2019. "The company .approved the a... Read More


PM Modi Chairs WAVES advisory board meeting, calls for making India a global entertainment hub

New Delhi, Feb. 7 -- Prime Minister Narendra Modi chaired an extensive meeting of the Advisory Board of WAVES via video conference on Friday. WAVES is a global summit that brings together the world of... Read More


DDC G'bal reviews progress under District Capex

GANDERBAL, Feb. 7 -- District Development Commissioner (DDC) Ganderbal, Jatin Kishore, today chaired a high-level meeting to assess the physical and financial progress made under the District Capex Bu... Read More


Amazon shares tank 4% on weakness in cloud computing unit after Q1 forecasts miss Wall Street estimates

New Delhi, Feb. 7 -- Amazon, one of Wall Street's most influential companies, topped analysts' expectations for earnings at the end of 2024, but its stock nevertheless fell 4%. Investors focused inste... Read More