Kotak Mahindra Bank's consolidated net profit witnessed a significant drop in the June quarter, reaching Rs 4,472 crore due to the absence of a one-time gain and margin pressures. While net interest income increased, the net interest ma ...more

Union Minister Piyush Goyal confirmed that India's FTA with Oman is nearing finalization, while negotiations with the EU, US, Peru, and Chile are advancing rapidly. India recently concluded trade agreements with Mauritius, Australia, an ...more

Finance Minister Nirmala Sitharaman emphasized that sustaining economic growth amidst global uncertainties is India's top priority, with increased public capital expenditure as a key driver. The government aims for a leadership role glo ...more

Given the transformational and disruptive capacity of AI, enterprises no longer require an army of coders with low single-digit experience in software development. An immediate impact of this will be a reduction in junior level talent and downsizing of project teams, say industry experts

An Indian firm, Ideal Detonators, confirmed exporting $1.4 million worth of HMX to Russia, asserting it was for civilian use and compliant with Indian regulations. Despite HMX's military applications, the company insists the shipment wa ...more

We broadly look at the proposals and the possible pros and cons if these do come through

Total income grows to ₹3,624.7 crore in the quarter

Retail Banking (Rs 12,760.49 crore) contributed the most in the private bank's revenue during the April-June quarter, followed by Treasury (Rs 7,374.51 crore), and Wholesale Banking (Rs 2,651.54 crore). 

In the short term the stock is likely to move between ₹2,100 and ₹2,500.

Traders can consider selling

The drugmaker will enter a phase of modest growth before new ventures become earning drivers