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Climate change would lead to additional operational costs for the borrowers says RBI Deputy Governor

Mumbai, April 29 -- Climate change risks impact the financial institutions, financial system and real economy through the traditional risk categories and one risk factor that prominently stands out is... Read More


Commodities Buzz: US natural gas inventories in underground storage ended winter at a three-year low

Mumbai, April 29 -- The Energy Information Administration or EIA stated in a latest update yesterday that After a relatively warm start to the 2024-25 winter heating season (November-March), colder-th... Read More


Castrol India Q1 PAT rises 8% YoY to Rs 233 cr in CY25

Mumbai, April 29 -- Profit before tax in Q1 CY25 stood at Rs 312.72 crore, up by 7.08% from Rs 292.05 crore in Q1 CY24. Total expense jumped 7.96% year on year to Rs 1,141.52 crore during the quarter... Read More


Optiemus Infracom spurts after subsidiary ties up with Taiwan's ASRock

Mumbai, April 29 -- Under the agreement, Optiemus Electronics, a wholly owned subsidiary of Optiemus Infracom, has already commenced production of ASRock's enterprise and gaming desktop motherboards i... Read More


Mahindra Manulife Mutual Fund announces change in fund manager under its schemes

Mumbai, April 29 -- Mahindra Manulife Mutual Fund has announced change in fund manager under the following schemes, with effect from 02 May 2025. Table, th, td {border: 1px Solid black; Border-colla... Read More


Landmark Cars sells Punjab-based Jeep business; exits completely from the State

Mumbai, April 29 -- "This move is in line with the company's strategy to consolidate its operations and rationalize costs," the automotive dealership operator stated. The company further said that gi... Read More


Birlasoft achieves Oracle Cloud Solutions Provider Expertise

Mumbai, April 29 -- Birlasoft has achieved Oracle Cloud Solutions Provider Expertise. This achievement underscores Birlasoft's proven capabilities in managing and implementing Oracle Cloud Services t... Read More


ICICI Prudential Life Insurance Company allots 33,550 equity shares under ESOS

Mumbai, April 29 -- ICICI Prudential Life Insurance Company has allotted 33,550 equity shares of face value of Rs 10 each on 29 April 2025, under 'ICICI Prudential Life Insurance Company Limited - Emp... Read More


Crude cracks again on supply fears, Brent forecast trimmed

Mumbai, April 29 -- Oil prices slipped for a second straight session, with WTI crude falling to around $61.4 per barrel and MCX crude May futures dropping Rs.30 to Rs.5251. Uncertainty over U.S.-China... Read More


Optiemus Electronics partners with ASRock Incorporation

Mumbai, April 29 -- Optiemus Electronics (OEL), wholly owned subsidiary of Optiemus Infracom, has entered into a manufacturing agreement with ASRock Incorporation, one of four major motherboard manufa... Read More