7 of top-10 firms add Rs 1.23 lakh crore in market cap last week
Mumbai, Jan 4 (IANS) The combined market capitalisation of seven of the top-10 most-valued companies rose by Rs 1.23 lakh crore last week, tracking a positive trend in the equity markets as benchmark indices posted healthy gains. The upbeat sentiment helped the Sensex climb 720.56 points, or 0.84 per cent, during the week — reflecting […]
RBI retains SBI, HDFC Bank & ICICI Bank in ‘Systemically Important’ category
Mumbai, Dec 2 (IANS) The Reserve Bank of India announced on Tuesday that State Bank of India (SBI), HDFC Bank, and ICICI Bank will continue to be classified as the country’s systemically important banks. The RBI had announced the SBI and the ICICI Bank as domestic systemically important banks (D-SIB) in 2015 and 2016. In […]
PhonePe partners with HDFC bank to launch co-branded credit card
New Delhi, June 27 (IANS) PhonePe and HDFC Bank announced the launch of co-branded credit card, marking the digital payments and financial services company’s foray into the co-branded card segment. The PhonePe HDFC bank co-branded RuPay credit card is designed to meet the evolving financial needs of Indian consumers. It also offers benefits on UPI […]
Six of India’s top 10 firms add Rs 1.62 lakh crore in market value this week
Mumbai, June 22 (IANS) The combined market capitalisation of six of India’s top ten most-valued companies rose by Rs 1.62 lakh crore this week, reflecting strong investor sentiment in the equity markets. This rise in market value came as the benchmark Sensex jumped by 1,289.57 points, or 1.58 per cent, during the same period, signalling […]
