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RBI imposes ₹68 lakh penalty on two banks
Business

RBI imposes ₹68 lakh penalty on two banks

The Reserve Bank on Friday said it has imposed penalties totalling ₹68.1 lakh on two banks — Nainital Bank and Ujjivan Small Finance Bank —

Samvardhana Motherson’s Q3 net profit at ₹879 cr
Business

Samvardhana Motherson’s Q3 net profit at ₹879 cr

Samvardhana Motherson International reported a consolidated net profit of ₹879 crore for the third quarter ended December 31, 2024. The company had reported a net

Mutual Funds returns – The Hindu BusinessLine
Business

Mutual Funds returns – The Hindu BusinessLine

EQUITY – TAX SAVING (ELSS) FUNDS Bank of India ELSS Tax Saver 5 141.5 1330 2.0 0.8 -2.7 14.7 18.7 13.8 0.42 HYBRID – AGGRESSIVE

Investors lose over ₹27 lakh crore in last eight trading sessions
Business

Investors lose over ₹27 lakh crore in last eight trading sessions

The Indian stock market has been facing a continuous decline, with investors losing more than ₹27 lakh crore in the past eight trading sessions. According

Northern Arc’s Q3 profit remains flat at ₹76 crore
Business

Northern Arc’s Q3 profit remains flat at ₹76 crore

NBFC Northern Arc Capital on Friday reported an almost flat consolidated net profit at ₹76 crore in the third quarter ended December 2024. The lender

OpenAI board rejects .4 billion Musk bid to take company
Business

OpenAI board rejects $97.4 billion Musk bid to take company

OpenAI’s board of directors has formally rejected an offer from a group of investors led by Elon Musk to buy the nonprofit that controls the

Feedstock economics and policy implications for India’s ethanol sector
Business

Feedstock economics and policy implications for India’s ethanol sector

This analysis examines the Indian ethanol production landscape for 2024-25, considering government policies, feedstock economics, and crucial additional factors that shape the market’s dynamics. The government’s

Is warehousing the hottest investment in India? 
Business

Is warehousing the hottest investment in India? 

In this episode of the State of Economy Podcast, businessline’s Abhishek Law speaks with Anshul Singhal, Managing Director of Welspun One, an integrated fund and development

Manaksia Coated Metals Q3 profit grows 23%
Business

Manaksia Coated Metals Q3 profit grows 23%

Manaksia Coated Metals has posted a 23 per cent rise in its consolidated net profit to ₹5.07 crore in the December quarter aided by higher

Addressing the economic challenges faced by India’s sugar industry 
Business

Addressing the economic challenges faced by India’s sugar industry 

The Indian sugar industry is of particular importance for the country’s economy – it is not merely a producer of a necessary food item but