Axis Bank’s CFO Puneet Sharma and Bandhan Bank’s CFO Rajeev Mantri both resigned within a day of each other, each citing career growth reasons. Sharma exits on 31 August after over six years at Axis, while Mantri will continue till 25 September. Two private-sector lenders saw their chief financial officers resign within a day of…
Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period The Index of Industrial Production (IIP) growth stood at 4 per cent in September, unchanged from August, supported by growth in the manufacturing sector, according to data released…
Defence stocks: The sharp rise in the share prices pushed the Nifty Defence index up nearly 1.7 percent to hover around 9,037 in the morning. The shares of defence companies surged on June 23 after US launched strikes at key nuclear facilities in Iran, which increased hopes of higher defence order inflows amid escalating conflict…