Unity Small Finance Bank, backed by BharatPe and Centrum Financial Services, will consider listing in two-three years, a senior official said. “According to Reserve Bank of India (RBI) guidelines, a bank must be in existence for five years (before listing). We are completing third year of operations, and I think we will actively explore this
Bajaj has officially launched the Pulsar N125 in the market. The latest entrant in the Pulsar range is available in two variants: LED Disc and LED Disc with Bluetooth which are priced at Rs 94,707 and Rs 98,707 (both ex-showroom), respectively. It is the third 125cc Pulsar in the Bajaj lineup after the classic Pulsar
Tata Consumer’s MD & CEO Sunil D’Souza believes that food inflation is putting pressure on urban spending, which is taking a toll on out-of-home consumption. In a conversation with FE, D’Souza throws light on the company’s strategy in the wake of inflationary concerns and whether volume growth will continue be weak. He also indicates how
Shares of some Tata Group companies, especially Tata Chemicals, gained on Monday as speculation over the listing of Tata Sons drove hopes of value unlocking for investors. Tata Chemicals, which holds a 3% stake in Tata Sons, was one of the biggest gainers as it rose over 9%. It could be the biggest beneficiary of
Jeep India has launched the facelift version of the Meridian starting from Rs 24.99 lakh, ex-showroom. Jeep has slashed the price of the 2025 Meridian by over Rs 6 lakh. It is available in four variants and comes in two versions — 5 and 7-seater. This is the first time the Meridian is available as
Tyres. There are a plethora of choices for motorcycle tyres, however, in India, the choices are limited due to the government’s mandate for BIS certification. With limited choices, a new brand is always welcome and this time around, it’s from Reise Moto, in the form of the traceRAD. Aimed at sub-500cc motorcycles, the traceRAD promises
In collaboration with Google Cloud, JSW MG unveiled two AI chatbots, using Riafy (an AI app developing company) named as Avira and Vir, to improve customer interactions and service. The chatbots powered by Google Cloud’s PaLM 2 technology, a large language model developed by Google, will be available on various platforms, including the MG website
Aditya Birla Group’s UltraTech Cement on Monday missed Street estimates on all the key fronts during the July-September quarter, primarily because of slowdown in demand due to monsoon and project delays which hit price realisations. The company’s net profit fell 36% year on year to Rs 820 crore, while revenue from operations was down 2.4%
Retail traders using broker APIs for automated trades now have new regulations to consider. The market regulator SEBI has rolled out a framework to regulate retail participation in algorithmic trading. Zerodha co-founder Nithin Kamath took to X, formerly Twitter to break down the key points of the new regulations for traders relying on broker APIs
Banking stocks are in the limelight as the Reserve Bank of India slashed the key lending rates by 25 basis points to 6.25% from 6.5%. The RBI Governor added that “Bank liquidity buffers are sufficient. Though the net interest margin (NIM) moderated, return on assets (RoA) and return on equity (RoE) are robust. The system-level
Go to Live UpdatesITC Share Price Today Live Updates, 07 Feb, 2025: The ITC share is in news and the counter closed trade on 06 Feb, 2025 at Rs 441.4. The shares touched intraday high of Rs 450.1 in the last trading session while the intraday low was at Rs 438.25. The company’s market capitalization
Newly appointed RBI Governor Sanjay Malhotra on Friday announced a 25-bps repo rate cut, giving much-needed relief to home and other loan borrowers who have long been waiting for their respective banks to slash rates. It, however, has to be seen how banks respond to RBI rate cut and whether they pass on this benefit
In a widely-anticipated move, the Reserve Bank of India (RBI) has announced a 25-basis point (bps) reduction in the repo rate, marking a significant step to ease borrowing costs and stimulate economic growth. The decision, unveiled by RBI Governor Sanjay Malhotra on Friday, February 7, follows extensive deliberations by the Monetary Policy Committee (MPC). The