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ICICI Securities Ltd. Meanwhile, Federal Bank saw healthy credit and deposit growth of 21% each year-on-year (y-o-y) in Q1 with strong performance across all its business segments.

Ashiana Housing buyback of shares: Ashiana Housing shares are one of those small-cap stocks that has delivered whopping return to its shareholders in recent stock market rally. The real estate stock has been in uptrend after ushering in the new financial year 2023-24. However, the small-cap stock has remained an idea 'buy on dips' stock throughout the year 2023.

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Read more of our recent coverage of the Ukraine war If the phrase wasn’t already taken, Ukraine and the EU could be said to enjoy a “no-limits friendship". The bloc’s 27 countries, four of which border Ukraine, have provided money and weapons to their neighbour, taken in its refugees and trained its troops. Ukrainian flags in Brussels dangle from balconies and official buildings.

Tata Power on Friday said its 7.5 lakh consumers in Mumbai to get substantial tariff reduction after an order by Appellate Tribunal for Electricity (APTEL), staying hike by state regulator MERC. «The APTEL today passed an order granting interim relief sought by Tata Power by staying the Maharashtra State Electricity Regulatory Commission's (MERC) revised tariff schedule on MTR (multiple tariff revision) frameworks approved by the Hon'ble Maharashtra Electricity Regulatory Commission (MERC),» a company statement said.

₹853.74 crore for the first quarter of FY24, registering a strong growth of 42.2 per cent from ₹600.66 crore in the corresponding period last year. Its net interest income (NII) in Q1FY24 rose 19.6 per cent to ₹1,918 crore from ₹1,604.5 crore year-on-year (YoY). Net interest margin (NIM) contracted marginally by 7 basis points to 3.15 per cent from 3.22 per cent in the June quarter last year.

Tata Consultancy Services Ltd and HCL Technologies Ltd reporting subdued numbers. Peer Wipro Ltd was no exception as slowdown in discretionary technology spends by clients weighed on its revenue growth.  Wipro's IT services revenues declined 2.8% sequentially, in constant currency terms, lower than Street’s expectations as well as competitors'. The decline was across geographies, indicating a broad-based impact.

Ben Roberts-Smith v Nine was the first part of the “defamation trial of the century”. Now it’s Ben Roberts-Smith v Justice Anthony Besanko.

Elon Musk, Tesla is also exploring the possibility of utilizing India as a manufacturing hub to export cars to nations in the Indo-Pacific region, according to the same report. According to the report, the vehicles from Tesla will have a starting price of 2 million rupees ($24,400.66). This price point is more than double the cost of India's most affordable electric vehicle, the MG Comet, and half a million rupees higher than the Tata Nexon EV, which currently holds the position of the highest-selling electric car in the country.

Investing.com — Gold prices rose slightly on Friday, sticking to near one-month highs as softer-than-expected U.S. inflation data saw investors reassess just how much further U.S. interest rates will rise.

ISRO's high-profile launch of the year, the Chandrayaan-3 lunar mission, all eyes are on the country's space agency whose scientists are keen to taste success with a soft landing on lunar surface and put the country in an elite club of nations that have accomplished the challenging task. 'Fat boy' LVM3-M4 rocket will carry Chandrayaan-3 on Friday as part of the country's ambitious moon mission. The Indian Space Research Organisation will be launching the hugely anticipated mission from this spaceport at 2.35 pm on Friday. The soft landing on moon's surface is planned for late August. Chandrayaan-2 failed to achieve the desired soft landing on the moon surface in 2019, leaving the ISRO team dejected. Images of an emotional then ISRO chief K Sivan being consoled by Prime Minister Narendra Modi who was present to achieve the rare feat, remains vivid in the memory of many. Scientists at the Satish Dhawan Space Centre here, after investing many hours of hardwork, now aim at mastering the technology of soft-landing on the surface of the moon. A success would make India only the fourth country to achieve the feat after the United States, China and the former Soviet Union. Chandrayaan-3 is the third lunar exploration mission ready for take off in the fourth operational mission (M4) of LVM3 launcher. ISRO is crossing new frontiers by demonstrating soft-landing on the lunar surface by its lunar module and demonstrating roving on the lunar terrain, the space agency said. The 25.30 hour countdown for the launch is underway.

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Aarin Capital chairman T V Mohandas Pai has urged the state’s new Congress regime to plan a Suvarna Karnataka expressway from Bidar to Bengaluru as the party national president Mallikarjuna Kharge too hailed from that region. North Karnataka is home to manufacturing hubs, adding jobs, and contributing to the state’s revenue, the former Infosys director told ET, sharing his insights on the recent budget presented by chief minister Siddaramaiah.

This can be dealt with if you plan and invest for it. For starters, one should decide on a target corpus which is sufficient to cover the education cost at a future date. Once you know the amount, you can evaluate the investment options. One of the options to build a corpus is to go for equity mutual funds. Depending on your risk tolerance, you can invest in schemes such as large cap, multi cap, mid cap, small cap, etc. Equity mutual funds offer you the opportunity to take advantage of growth in established companies, developing industries, and evolving market conditions.

Tata Consultancy Services (TCS), HCL Technologies and Wipro have already declared their Q1 results earlier this week. Companies such as Bandhan Bank, JSW Energy, Tata Steel Long Products, Unichem Laboratories and Just Dial will announce their Q1 results today.

Also read: Japan Accuses Australia of Betrayal in Fight Over Natural-Gas Exports Lowe will leave office on September 17, marking the end of his 43-year career at the central bank. Lowe is due to accompany Chalmers to a Group of 20 meeting in India next week. "This is a history-making appointment, Michele Bullock will become the first woman to ever lead the Reserve Bank in this country," said Chalmers reported Reuters.

Wipro: The IT major reported dollar revenue of $2.78 billion for June quarter, a 2.1% sequential decline and only 0.81% better than the year-ago period. In constant currency terms, sequential growth fell 2.8%. Net income slipped 6.5% sequentially to $349.8 million, although it was up 7.8% year-on-year.

Gold prices on Friday were set for their biggest weekly gain since April, as the U.S. dollar hovered close to a more than one-year low on bets the Federal Reserve will soon hit the brakes on interest rate hikes. Spot gold was steady at $1,958.45 per ounce by 0051 GMT, and up 1.8% for the week.

«Similarly MFIs have been ignored for long but MFIs follow a cycle so if you get the cycle right the upside can be big.So MFIs and mortgage or housing finances within NBFCs where we are currently investing,» says Viral Berawala, Director, Buoyant Capital. Have you started buying pharma yet because that too is showing sparks that perhaps worst should be over, especially for generic exporters, pricing pressure and big demand for medicine in US.So there are sort of two buckets in which we have divided pharma. So there will be negative impact of lower chemical prices, especially the API prices have gone down. So within pharma which are very API driven is something we are not looking at but pharma where the exposure is more towards US generic, their prices have stabilised. The price erosion, normally what we are seeing this year, we are seeing much lesser price erosion. So within pharma, we like companies which are exposed more towards US generic and avoiding where the exposure is more towards APIs. In the auto, auto ancillary space, where all have you been looking for value? Anything which got you occupied there? So within auto, we are not into auto but especially auto ancillaries. So a couple of factors have played out in auto ancillary. Some of the auto ancillaries who are supplying to Europe, the cost of Europe auto ancillary manufacturers have gone down a lot, both tier-1 and tier-2. And that is where some of our, let us say forging companies have done very well. So within auto, that is the space we like. We participated a bit in the two wheelers but now we think the valuations are full on the two wheeler side. So auto ancillary, especially where there is some exposure to Europe, is we think a good place to be. Part of

Former Network Ten political editor Peter van Onselen has lost a contract breach lawsuit against his former employer over a scathing column he wrote in The Australian.

Federal Bank reported an increase of more than 40% in its June quarter net profit to ₹854 crore on the back of falling provisions and improving business momentum. The bank had posted net profit of ₹601 crore in the year-ago period. Net interest income, the difference between interest earned and expended, climbed 20% to ₹1,919 crore for the June quarter versus ₹1,605 crore during the corresponding period last year.