The Reserve Bank of India injected fifty thousand crore rupees into the banking system on Monday. This was done through an open market purchase auction. Participants offered more than double the notified amount. Another similar operation is scheduled for January twenty-second. These measures aim to boost liquidity and stabilize funding rates.Read More

Bajaj Housing Finance has successfully raised ₹509 crore through non-convertible debentures. This move follows a period of strong business growth for the company. Their assets under management saw a significant increase of 23% year-on-year. The mortgage lender also reported a substantial rise in disbursements during the third quarter, indicating robust performance and expansion in their...Read More

National Stock Exchange shares climbed past ₹2,000. This surge followed SEBI chief’s comments on an upcoming IPO clearance. Investor interest has rekindled. NSE shares saw increased demand and trading volumes. The exchange’s IPO is expected soon. This development has boosted sentiment for the unlisted stock.Read More

IT sector’s Q3 results show a positive start, with TCS and HCL Technologies exceeding revenue and profit expectations. HCL Tech recorded a nine-quarter high in new order bookings, while TCS maintained strong deal flow. Despite sustained new deals, TCS faces a revenue growth deceleration, raising concerns about deal ramp-up amid client delays.Read More

Apollo Hospitals MD Suneeta Reddy says the group’s restructuring is about business strategy, not family dynamics, aiming to unlock value by separating hospital and pharmacy-digital units. She stresses close ties with sister Shobana Kamineni, outlines expansion in metros and Tier-II cities, focus on preventive care, tech-led growth, and mentoring the next generation of leaders.Read More

India is set to become a global hub for AI applications. The country will foster its own AI infrastructure, including large language models and data centers. This initiative aligns with the goal of democratizing AI resources. India’s role as a trusted partner in value chains is recognized. Discussions on global AI policy will take place...Read More

Markets closed positively despite volatility, with IT majors TCS and HCL Tech reporting profit declines in their December quarter results. Ola Electric launched its first battery energy storage system, Shakti, while Indian Hotels secured trademark registration for the ‘Taj’ sonic sound. L&T will fully acquire L&T Sapura Shipping, and Reliance Industries confirmed its battery storage...Read More

Amagi Media Labs has secured Rs 805 crore from anchor investors before its upcoming IPO. India’s top mutual funds led the anchor book. The IPO, opening on January 13, is a significant listing for the deep-tech and SaaS sector. It aims to raise Rs 1,789 crore for technology investments and growth.Read More

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