New Delhi, Jan 21 (PTI) Banks and non-banking financial companies (NBFCs) in India have the potential to achieve an electric vehicle financing market size of Rs 40,000 crore by 2025 and Rs 3.7 lakh crore by 2030, according to a report released on Friday. Government think-tank Niti Aayog and the Rocky Mountain Institute (RMI) India in [...]
Pune, Maharashtra, India (NewsVoir) Bajaj Finserv’s Pocket Insurance and Subscriptions has crossed the one-million milestone with the unshaken trust of customers and by covering almost every peril out there. Whether it’s health, assistance, travel or lifestyle, Bajaj Finserv provides a wide variety of products to secure one’s day-to-day life – all at an affordable premium. [...]
Mumbai, Jan 21 (PTI) The Sensex and Nifty nursed losses for the fourth session on the trot on Friday, in lockstep with a selloff in global equities as concerns over inflation and monetary policy tightening sapped risk appetite. Relentless foreign fund outflows further weighed on sentiment, though fag-end buying in select blue-chip counters helped the [...]
New Delhi, Jan 21 (PTI) Adani Wilmar Ltd on Friday fixed a price band of Rs 218-230 a share for its Initial Public Offer (IPO) through which it aims to raise up to Rs 3,600 crore to fund capital expenditure, reduce debt and for acquisitions as it seeks to become India's biggest food and FMCG [...]
New Delhi, Jan 21 (PTI) Shares of Shoppers Stop defied the broader market trend and settled for the day nearly five per cent higher on Friday after the retail chain posted strong earnings for the December 2021 quarter. On the BSE, the stock opened at Rs 390.70, then jumped 17.58 per cent and touched its [...]
New Delhi, Jan 21 (PTI) Gland Pharma on Friday posted a 34 per cent increase in its consolidated profit after tax at Rs 273 crore for the third quarter ended December 31, 2021, riding on robust sales across various markets. The Hyderabad-based drug maker had reported a profit after tax (PAT) of Rs 204 crore [...]
New Delhi, Jan 21 (PTI) Nippon Life India Asset Management Ltd (NAM India) on Friday said it has received the IFSCA's approval to carry out portfolio management services through a branch office at the international financial services centre (IFSC) in India. NAM India said it will continue to add value to investors by expanding its [...]
Coimbatore Jan 21 (PTI) As part of strengthening its omni-channel presence in southern India, online furniture retailer Pepperfry on Friday launched its second studio here. The offline expansion is in line with the company's aim to penetrate niche markets and build the largest omni-channel business in the furniture and home products segment in India. Pepperfry, [...]
