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Kerala to host Vizhinjam Conclave 2024, aims to boost global supply chain

The Vizhinjam Conclave, a first of its kind in the state, in January next year promises to redefine the scope of industrial and economic development by leveraging the untapped potential of the port

India sees 135,173 financial phishing attacks in H1 2024, says study

The number of attacks rose 175 per cent compared to the same period last year

Exports, domestic demand to drive pharma revenue growth: SME Tracker

SMEs manufacture and market formulations based on less complex molecules, given their higher exposure to generic products

India's foreign exchange reserves drop $29 billion in the past six weeks

The week ended Nov 15 saw a decline of $6.48 billion, largely due to foreign investment outflows and a decline in the value of gold assets

HZL wins gold block, marks Vedanta group's entry into yellow metal business

Says it has been declared the "preferred bidder" for the Dugocha Gold Block, as confirmed by the Department of Mines and Geology, Rajasthan, via a notification dated November 15

Lubrizol, Polyhose sign MoU to set up medical tubing unit near Chennai

Production is expected to commence in 2026, and will make tubing that can be used in highly specialised devices such as balloon and minimally-invasive-procedure catheters

Jewellery brand Giva's revenue rises 66% in FY24, to Rs 273.6 crore

The cost of procurement of metals increased by over 53 per cent to Rs 115 crore in FY24

Ujjivan Small Finance Bank looks to sell Rs 270 cr of micro-banking loans

Of the Rs 270 crore worth of loans, around Rs 208 crore are non-performing loans, and the remaining Rs 62.36 crore worth of loans have been written off by the bank

New business premium of life insurers rises 13% in Oct, LIC leads

Private insurers log 18% yearly increase at Rs 13,216.51 cr, according to data

UCBs must strengthen liquidation process to secure depositors: RBI

Registrars of cooperative societies from various states participated in the conference which was attended by RBI and central government officials

Best fixed deposit schemes for senior citizens explained in one table

Terms and conditions of more than a dozen lenders put together for your convenience

AI could create 2.73 million jobs in India by 2028: ServiceNow study

Retail alone is projected to add 6.96 million roles, presenting opportunities for reskilling in fields such as software application development, and data engineering

SBI, HDFC Bank, ICICI Bank continue to be systemically important: RBI

RBI had classified SBI and ICICI Bank as domestic systemically important banks (D-SIBs) in 2015 and 2016, respectively. In 2017, HDFC Bank was also classified as a D-SIB

NBFC-MFI sector growth to nosedive to 4% in FY25: CareEdge Ratings

As the sector faces these multifaceted challenges, vigilant monitoring and proactive management will be key to sustaining its viability and support for underserved communities

India Inc files ECB intent worth $4.84 billion in September: RBI data

Registrations for ECBs by Indian companies almost doubled to $49.2 billion in the year ended March 2024 (FY24) from $26.6 billion in FY23

Food delivery major Swiggy to debut on stock market on Wednesday

If the grey market premium is any indication, Swiggy's shares could list close to its issue price of Rs 390 per share, valuing the company at Rs 87,300 crore

TVS Supply Chain Solutions posts Rs 10.6 crore PAT in September quarter

Ravi Viswanathan, managing director, TVS SCS, said that the Q2 results demonstrate our ability to sustain growth momentum in both revenue and profit amid ongoing macroeconomic challenges

Vedanta Ltd plans to invest around $550 million in AvanStrate Inc

AvanStrate has operations and R&D capabilities across Taiwan, South Korea, and Japan

L&T Technology Services acquires US-based Intelliswift for $110 million

The acquisition, according to the firm, will deepen its offerings across software product development, platform engineering, digital integration, data, and artificial intelligence (AI)

Shree Cement Q2FY25 results: Net profit declines 83% to Rs 76.44 crore

Shree Cement maintained its capital expenditure (capex) target to expand capacity to 80 million tonnes per annum