IDFC FIRST Bank is an Indian private sector bank formed by the merger of the banking arm of Infrastructure Development Finance Company and Capital First, an Indian non-bank financial institution. The private bank has a market capitalization of more than Rs.50,000 crores. IDFC First Bank board has approved the plan to raise Rs.3200 crores of …
Subex, a leading provider of artificial intelligence (AI)-powered solutions for telecom companies, announced a significant contract win with a major European telecom operator. This five-year agreement, valued at approximately €1.1 million (USD 1.1 million), underscores Subex’s position at the forefront of telecom fraud management innovation. HyperSense AI/ML Platform to Combat Evolving Threats The contract entails …
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, unveiled the latest iteration of its legendary Splendor – the Splendor+ XTEC 2.0. This launch marks a momentous occasion, coinciding with the 30th anniversary of the Splendor, the world’s best-selling motorcycle. Modern Take on a Classic Legacy The Splendor+ XTEC 2.0 seamlessly blends the iconic …
On May 30, 2024, Krishna Institute of Medical Sciences Limited (KIMS) announced that it had entered into a lease agreement of 25 years with Peoples Education Society (PES) through its subsidiary KIMS Hospital Bengaluru Private Limited for setting up a Super Specialty Hospital in Bengaluru, Karnataka. PES is a reputable university that offers a range …
The benchmark index S&P BSE 500 opened today at 33,408.12 and made its day high at 33,475.80, and it is trading in red today, down by around 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% today in a falling market. …
Domestic indices were trading in green today, with sectoral indices S&P BSE Realty, S&P BSE Utilities and S&P BSE Consumer Durables in the green. Significant losses were observed in the technology, information technology, and healthcare sectors. At 10:00 am, the BSE Sensex jumped 0.42% reaching a level of 74,195. The Nifty 50 index soared 0.34% …
On May 30, 2024, the Nifty 50 declined 1% and closed at 22,488, and the Sensex also dropped 1%, closing at 73,885. Top Gainers and Losers On the sectoral front, Nifty Media, Nifty Bank, and Nifty Private Bank ended in the green. Meanwhile, Nifty Metal, Nifty IT, Nifty Healthcare Index, and Nifty Pharma were declining. …
On Thursday, the market experienced its fifth consecutive day of decline, marking the longest losing streak in seven months. The Sensex fell by 0.83%, closing at 73,885.6, while the Nifty dropped by 0.95%, ending at 22,488.65. Despite the overall downturn, the Media and Banking sector saw gains, whereas the Metal, Healthcare, and IT sector underperformed. …
Introducing the Nifty EV & New Age Automotive Index Thursday i.e. May 30, 2024 marks a historic day with the launch of the Nifty EV & New Age Automotive index by NSE Indices. NSE’s index services subsidiary, NSE Indices Limited launched a new thematic index – Nifty EV & New Age Automotive index. The Nifty …
On May 30, 2024, Marksans Pharma Ltd, one of the leading pharmaceutical companies in India, released its results for the quarter and year ended March 31, 2024. Quarterly Performance Operating revenue was ₹560.0 crore, up 15.2% YoY due to new product launches, increased share with current customers, volume gains, and client additions. With a 51.8% …
