Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
IDFC First Bank on Wednesday said it has received ₹514.82 crore towards claims related to its microfinance portfolio under the Credit Guarantee Fund for Micro Units (CGFMU) scheme. The bank said the payout pertains to eligible microfinance loans sanctioned up to March 2025 and represents nearly 100% of the claim amount submitted under the scheme….
The global AI boom is reshaping equity market rankings, with Taiwan overtaking India to become the world’s fifth-largest market and South Korea rapidly closing the gap. Investors are rewarding countries with strong exposure to semiconductor and AI supply chains, led by giants like Taiwan Semiconductor Manufacturing (TSMC) and SK Hynix. India, despite strong economic growth…
Shares of Jaiprakash Power Ventures Ltd on Wednesday, May 27, rallied around 20 per cent to hit the upper circuit of Rs 22.96 after the company informed about its Rs 2,993.5 crore acquisition deal with billionaire Gautam Adani-led Adani Power Ltd. Today, shares of JP Power opened at Rs 246.80, hitting an upper price band…
Shares of Cummins India Ltd. gained as much as 10% on Wednesday, May 27, in response to its March quarter results, that were better than what the street had anticipated. Net profit for the quarter grew by 25% from last year to ₹650 crore. The figure was higher than the CNBC-TV18 poll of ₹545.2 crore….
Larsen & Toubro’s industrial electronics vertical, L&T Electronic Products & Systems (LTEPS), has partnered with EVR Motors to jointly develop and manufacture next-generation electric vehicle traction motors for the Indian market, as companies accelerate localisation efforts in the country’s EV supply chain. The companies in a press release on Wednesday, May 27, said the collaboration…
The Board of Gillette India today recommended a final dividend of Rs 60 per equity share for the financial year ended March 31, 2026. The dividend, however, is subject to approval of the members at the ensuing 42nd Annual General Meeting (AGM). Read Full Article “We further inform you that the Board of Directors of…
The FMCG major posted a 21.4% year-on-year rise in net profit at ₹192.5 crore for the March quarter, compared to ₹158.6 crore in the corresponding period last year. Revenue from operations increased 3.2% to ₹792 crore against ₹767.5 crore a year ago. 1 Min Read Shares of Gillette India Ltd. climbed more than 6% on…
Gold prices traded cautiously in Indian commodity markets on Wednesday (May 27), with MCX gold for 10 grams remaining below the ₹1.58 lakh mark, while silver prices rebounded from earlier losses to trade around ₹2.72 lakh per kilogram. In global markets, spot gold traded above $4,500 per ounce amid volatile movement, while spot silver remained…
Shares of Zee Entertainment Enterprises Ltd. gained nearly 12% on Wednesday, May 27, after it said it is in talks with the Fédération Internationale de Football Association (FIFA) to broadcast and stream the FIFA World Cup 2026 matches in India. The company, in an exchange filing on Tuesday, said it will enhance its presence across…
