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Subscribe to enjoy similar stories. MUMBAI : Bajaj Finance Ltd, one of India’s leading non-bank lenders, is scaling back its ambitions in the payments and credit card businesses as part of a revised five-year roadmap, BFL 3.0.

Medplus Health Services, highlighting its robust expansion plans and promising growth in the generics segment. Mirae Asset Sharekhan has issued a 'Buy' rating on Bajaj Finserv, citing its ambitious long-term strategy and focus on leveraging AI for profitable growth.

buy call on Maruti Suzuki India with a target price of Rs 15,250. The current market price of Maruti Suzuki India is Rs 11,119.65. Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 349584.22 crore, operating in Auto sector. Maruti Suzuki's key products/revenue segments include Passenger Cars & Light Duty Utility Vehicles, Spare Parts & Components, Other Operating Revenue, Service Income, Scrap, Rental Income for the year ending 31-Mar-2024.

Manickam Tagore on Friday wrote to Lok Sabha Speaker Om Birla and urged him to expunge the remarks made by BJP MP Nishikant Dubey over Congress leaders in the Lower House, terming them «derogatory» and «disparaging.» The Congress MP said that the remarks made by Nishikant Dubey during Zero Hour on December 12 were utterly 'disparaging and derogatory.' He claimed that the content of almost the entire matter raised by Dubey was unacceptable and also in gross violation of the provisions of Rule 352 of the Rules of Procedure and Conduct of Business in Lok Sabha.

add call on Metropolis Healthcare with a target price of Rs 2,335. The current market price of Metropolis Healthcare is Rs 2205.75. Metropolis Healthcare, incorporated in the year 2006, is a Mid Cap company with a market cap of Rs 11355.14 crore, operating in Hospitals & Allied Services sector. Metropolis Healthcare's key Products/Revenue Segments include Service Income for the year ending 31-Mar-2023.

Bajaj Finance shares will remain in focus on Friday after India's largest non-bank consumer financier has unveiled a new business plan for the next five years which envisages integration of artificial intelligence (AI) across all its processes to improve customer engagement, grow revenue, enhance productivity, strengthen controls and reduce operating and credit costs. In chat with ET, managing director Rajeev Jain said the transition to an all-encompassing AI based system will improve customer conversion rates at a much lower cost while ensuring the loan growth remains at current rate or moves to a faster trajectory.

Japanese and Australian shares declined and equity futures for Hong Kong signaled losses after selling on Wall Street hit stocks and government bonds Thursday. The Nasdaq 100 slid 0.7% while the S&P 500 fell 0.5% as traders weighed higher-than-expected jobless claims against too hot producer price data.

The Superior Court of Quebec has approved a $2.5-million settlement in a class action targeting Dollarama Inc.’s use of eco fees.

Gaza's civil defence agency reported that Israeli air strikes on Thursday killed at least 33 people, including 12 guards securing aid trucks in southern parts of the Palestinian territory. The latest bloodshed came just hours after the UN General Assembly called for an immediate ceasefire in the devastated territory. Seven guards were killed in a strike in Rafah, while another attack left five guards dead in Khan Yunis, agency spokesman Mahmud Bassal said.

interest rate cut at RBI's next review meeting in February. Career bureaucrats, the conventional wisdom goes, tend to be more amenable to the gov's view early in their tenure as central bankers. But, eventually, the institutional authority exerts itself in a more autonomous approach.

Subscribe to enjoy similar stories. Drugs used to treat diabetes and obesity, or GLP-1 (Glucagon-like peptide-1), will be a significant growth driver for OneSource Specialty Pharma, CEO and MD Neeraj Sharma said. On the other hand, biologics is a long-term play for the company, as the business has a long gestation period.

New Jersey is seeking to drastically reduce the amount of plastics and other packaging material that's tossed out once a package is opened

Cyber officials are advising people to use encryption in their communications after a sprawling hacking campaign

The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs

Wall Street is pointing slightly lower ahead of another U.S. inflation report and an expected interest rate cut by the European Central Bank

Chinese leaders have wrapped up a two-day planning meeting in Beijing with pledges to take a more proactive approach in pepping up the economy, but gave no details on stimulus measures

Bajaj Finance, India's largest non-bank consumer financier has unveiled a new business plan for the next five years which envisages integration of artificial intelligence (AI) across all its processes to improve customer engagement, grow revenue, enhance productivity, strengthen controls and reduce operating and credit costs. In chat with ET, managing director Rajeev Jain said the transition to an all-encompassing AI based system will improve customer conversion rates at a much lower cost while ensuring the loan growth remains at current rate or moves to a faster trajectory. “We have already deployed AI in some use cases this year and plan total adopting by December 2026. At the current run rate we are saving Rs 140 crore to Rs 150 crore per year compared to last year. But the possibilities are infinite in terms of significant improvement in conversion rates. Costs will also be lower with growth at a similar or faster rates,” Jain said.

Power distribution utilities (discoms) legacy dues have come down by a whopping 82 per cent in over two years to Rs 24,684 crore this month, Parliament was informed on Thursday. Around 13 states reported arrears amounting to Rs 1,39,947 crore as of June 3, 2022, and rescheduled them into EMIs (equated monthly installments), Minister of State for Power Shripad Naik said in a written reply to Rajya Sabha. The minister said after the payment of 29 EMIs by the distribution utilities, including pre-payment of legacy dues by some utilities, the outstanding dues have reduced to Rs 24,684 crore as of December 6, 2024. The discoms have paid Rs 1,15,263 crore outstanding since June 2022, he added.

Kotak Institutional Equities expects FirstCry operator BrainBees Solutions to benefit from GlobalBees turning profitable and has initiated coverage on the stock with an ‘add’ rating and a target price of Rs 630. GlobalBees is a subsidiary of BrainBees, which is expected to scale up rapidly and support growth for its parent company.

In her first job, according to her, she said that faced an abusive boss, prompting her to leave within six months. The second job demanded excessively long hours, with workdays stretching to 17-18 hours. Unable to cope with the mental and physical strain, she resigned after just three months. The third job proved no better, as the organization’s head blatantly discouraged hiring women, citing biases related to family responsibilities. After nine months, she chose to leave. Her fourth job appeared promising, offering a work-from-home arrangement. However, once she joined, the company reneged on this promise, requiring her to commute over 100 kilometers daily. Disheartened by this breach of trust, she left within two months. Adding to her frustration, she frequently encountered invasive interview questions about her personal life and family plans, making her job search even more daunting.

Vedanta Ltd climbed as much as 1.1% on Thursday to Rs 519.95 on BSE after the metal and mining firm said that it would hold a board meeting on December 16 to consider a fourth interim dividend payout. The company disclosed this development in an exchange filing. The said board meeting was scheduled to be held in October earlier but was cancelled due to unforeseen circumstances.