[ad_1] NEW DELHI: State-run UCO Bank has reported a 27.1 per cent annual increase in net profit for the third quarter of the 2024-25 financial year, reaching Rs 638.83 crore, reflecting a significant rise from the Rs 502.83 crore profit recorded during the corresponding period last year.The bank’s total income grew by 15.5 per cent,…
[ad_1] We take a look at 5 major EPF changes in 2025 that members should know: EPF members take note! The EPFO (Employees’ Provident Fund Organization) has rolled out significant service modifications, including a streamlined joint declaration procedure, the launch of CPPS (Centralized Pension Payment System), pension policy clarifications for higher wages, online profile modification…
[ad_1] The Indian IT sector, valued at $254 billion, experienced a significant reduction of over 70,000 employees in FY24. (AI image) India’s top IT services firms like TCS and Infosys have set higher fresher recruitment goals for fiscal 2026, encouraged by indicators of renewed technology investment. The six largest IT organisations in the country collectively…
[ad_1] The protest is small but loud. As limousines drive past, a few hundred young people have gathered on the Postplatz square in Davos, Switzerland.The high-altitude resort in the Alps that usually belongs to skiers looks different this week. Bakeries, cafes, and boutiques have been converted to host banks, companies, or whole countries for the…
[ad_1] NEW DELHI: As many as 18 companies, including Voltas, MIRC Electronics, Lumax and UNO Minda, with a committed investment of Rs 2,299 crore, have been selected to avail benefits under the production-linked incentive scheme for white goods sector, an official said on Monday.In Oct 2024, 38 companies had filed applications with proposed investments of…
[ad_1] Market experts anticipate trading within a broad range. Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Tuesday. While BSE Sensex was above 77,100, Nifty50 was near 23,400. At 9:16 AM, BSE Sensex was trading at 77,150.67, up 77 points or 0.10%. Nifty50 was at 23,394.90, up 50…
[ad_1] Top stock picks today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, JSW Steel and Divi’s Laboratories are the top stock picks for today:JSW Steel – Buy in the range between Rs 920 and Rs 930, Stop loss at Rs 880; Target: Rs…
[ad_1] Nomura maintained its ‘buy’ rating on Kotak Mahindra Bank but cut the target price from Rs 2,170 to Rs 2,110 (+10%) after the lender announced its Oct-Dec quarterly numbers. Analysts feel the bank has given a healthy performance in a tough macro environment, with a stable asset quality. The price was cut since analysts…
[ad_1] MUMBAI: Moody’s Ratings has said it sees significant foreign direct investment flows into the insurance sector if govt goes ahead with a proposal to increase foreign direct investment to 100% from 74%. This is coupled with improving margins for Indian insurers, brought about by govt pressure on public sector insurers, the listing of insurance…
[ad_1] MUMBAI: RBI has allowed asset reconstruction companies to settle dues with defaulters after examining other recovery options and based on the realisable value of the borrower’s assets. Settlement of accounts pertaining to a borrower having aggregate value of Rs 1 crore or below in terms of principal outstanding, can be done on the basis…
