MUMBAI: SBI customers were unable to access Unified Payment Interface (UPI) and mobile banking services for more than four hours on Tuesday due to unspecified technical issues. SBI later said the problem had been resolved.UPI platform processes an average of 39.3 crore transactions daily, with 4,500–4,600 occurring every second. The outage began in first half,…
NEW DELHI: Hong Kong-based Caravel Group Acquire has announced the acquisition of International Maritime Institute, a leading maritime training institute, and is seeking to upgrade the facility in greater Noida to ensure that more Indian seamen get to command ships.India is among the top global suppliers of seamen, next only to the Philippines, and group,…
NEW DELHI: Zydus Lifesciences on Tuesday said it has entered into negotiations to acquire a majority stake in France-based Amplitude Surgical, a medtech firm, for 256.8 million euro (around Rs 2,500 crore). The company is in talks with PAI Partners and Amplitude Surgical’s management, and two minority shareholders, for 85.6% of the firm’s stake at…
Multiple brokerages have reduced their ratings and price targets. IndusInd Bank share price today: IndusInd Bank’s shares dropped 20% on Tuesday, reaching a new 52-week low of Rs 720.50. Multiple brokerages have reduced their ratings and price targets following the discovery of accounting irregularities in the bank’s forex derivatives portfolio. The bank revealed a potential…
Jim Walker made a strong recommendation for Indian stock markets, urging investors to significantly increase their exposure. Jim Walker, Chief Economist at Aletheia Capital, known for predicting the 2008 financial crisis, has shared four key global forecasts for 2025: a 10% decline in the U.S. dollar value, an economic slowdown that will be difficult but…
According to Ajit Mishra at Religare Broking, mixed global cues and underperformance of banking index remain key hurdles. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Tuesday. While BSE Sensex sunk over 400 points, Nifty50 was below 22,350. At 9:16 AM, BSE Sensex was trading…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, HUL and SBI Card are the top stocks to buy today:HUL – Buy in the range between Rs 2230 & Rs 2260; Stoploss: Rs 2189; Target: Rs 2420HUL (Hindustan Unilever Limited) has…
NEW DELHI: Japanese automaker Honda on Monday said it had appointed Takashi Nakajima as the new president & CEO of Honda Cars India. He will take charge on April 1, 2025, from Takuya Tsumura, who will move to Japan at Honda head office after completing his India tenure. Nakajima has been serving as president of…
NEW DELHI: Domestic commercial vehicle industry’s wholesale volumes are expected to grow 3-5% YoY in FY26, rating firm Icra said on Monday. This follows a flat volume movement estimated in FY25, marred by the demand slowdown in the first half of the fiscal due to the general elections, it said in a statement. Source link
MUMBAI: Finance ministry has invited applications for the post of chairman of the Insurance Regulatory and Development Authority of India (Irdai), with the position set to fall vacant on March 13, 2025, after Debasish Panda’s tenure ends. The last date for submitting applications is April 6, 2025. Source link
