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The market watchdog imposed a fine of Rs 2 lakh on Nippon Life India Asset Management Limited and Rs 1 lakh on Nippon Life India Trustee Limited. They were held guilty in violating total expense ratio (TER) norms prescribed by the regulator

The introduction of the Fully Accessible Route category of government bonds has been cited by JP Morgan and Bloomberg as a major reason for including Indian sovereign debt in their bond indices. The RBI had introduced the category in 2020. Only FAR bonds are eligible for inclusion in the global bond indices

The total assets under management for the housing finance company stood at Rs. 21,726 crore, a 21% growth on year, from Rs. 17,947 crore

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A market sell-off initiated by Q2 earnings disappointments from US tech leaders might accelerate in late August when Nvidia, the AI darling, reports. Gold could continue to benefit, as it has thus far

​Dhaval Ajmera, Director of Ajmera Realty & Infra India, said the company continued its robust growth momentum with a stellar performance across all financial metrics, driven by strong sales growth and excellent collection efficiencies across all projects

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"Our overall performance in the first quarter has been robust. We have reached a new milestone of Rs 1,000 crore in quarterly sales for the first time during any quarter, with improvement across all parameters - revenue, gross profit, operating profit and operating profit margin," CEO and Wholetime Director Nikhil Chopra stated.

Barclays scraps EU bonus cap for British bankers

Updated at : 2024-08-08 20:20:01

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"The revised bonus cap will not alter the way Barclays sets its incentive pool, which is based on overall Group performance," a spokesperson for the bank, who confirmed the contents of the memo, said.

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The Dow Jones Industrial Average rose 176.9 points, or 0.46%, at the open to 38940.38.

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Total income stood at Rs 396 crore for the June quarter against Rs 303 crore in the year-ago period, AstraZeneca Pharma India said in a regulatory filing

Sensex, Nifty settled lower on Thursday, tracking muted global cues. Buying was seen in healthcare and banking stocks while oil & gas, utilities, IT and metal stocks faced selling pressure

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