Following the resignation of HDFC Bank’s Chairman Atanu Chakraborty, the Reserve Bank of India said it had no concerns regarding the bank’s conduct or governance, affirming its strong financial position and competent management. Keki Mistry has been appointed as interim chairman for three months. A day after HDFC Bank’s Chairman Atanu Chakraborty resigned, the Reserve…
The total mcap of BSE listed companies dropped by ₹4.73 trillion to ₹4,63,79,242 crore versus the previous session’s mcap of ₹46,852,324.31 crore. Indian stock market indices Sensex and Nifty 50 slumped 1 per cent in trade on Tuesday, dragged down by a sharp selloff in IT counters amid rising fears of AI-led disruption. The…
Zomato’s Deepinder Goyal on Wednesday announced that he is stepping down from the role of Eternal Group Chief Executive Officer, effective February 1, according to a company filing. In a letter to shareholders, Goyal said, “Of late, I have found myself drawn to a set of new ideas that involve significantly higher-risk exploration…
Bitcoin is down 7.96% year-to-date, trading at $86,065 as of December 18 after beginning the year at $93,508. In comparison, Ethereum has recorded a steeper decline of 15.25% YTD, with its price falling from $3,337 to $2,828 during the same timeframe. From bitcoin reaching record high of $1,00,000 to retracing around $86,000 level -the crypto…
The French company had acquired a 19.75 per cent stake in AGEL in January 2021 for around $2.5 billion as part of its strategy to strengthen its renewable energy footprint in India French energy giant TotalEnergies is reportedly planning to sell up to a 6 per cent stake in Adani Green Energy (AGEL), a deal…
PSU Bank stocks have outperformed in recent trading sessions amid reports of a likely hike in FII investment limit. Here are 5 stocks that look strong on technical charts. Shares of state-run banks have rallied up to 5 per cent in the last two trading sessions even as the NSE Nifty 50 index took a…
Bitcoin surpassed the $1,21,000 milestone for the first time today, on July 14, trading at $1,20,893.86, and marking a 29 per cent increase for the world’s largest cryptocurrency this year. Bitcoin surged past the $1,21,000 milestone for the first time ever on Monday, July 14, building on the sharp rally witnessed so far this year.…
This year India will be celebrating the International Women’s Day as a National Event with the theme ‘Viksit Bharat with Nari Shakti’, thereby highlighting the significance and role of women in India’s development. “The government will celebrate International Women’s Day on March 8 as a national event on the theme of Developed India with Nari…