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 […]
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 […]
ICICI Bank’s Q3 profit rises 15 pc to Rs 11,792 crore, NII grows 9 pc
Mumbai, Jan 25 (IANS) India’s second-largest private sector lender, ICICI Bank, on Saturday reported a 15 per cent year-on-year (YoY) growth in net profit for the December quarter of FY25, reaching Rs 11,792 crore, compared to Rs 10,272 crore in the same period last year. The bank’s net interest income (NII), which is the difference […]
