HDFC Bank is currently investigating potential leaks of confidential information to social media and other outsiders. MUMBAI: HDFC Bank is investigating whether two executives shared unpublished price sensitive information (UPSI) with outsiders in violation of Sebi regulations and the bank’s code of conduct. UPSI can include data on financial results, dividends, capital raising and the…
The rupee traded between 94.35 and 94.82 against the US dollar during the session The rupee strengthened sharply on Wednesday, rising 53 paise to close at 94.38 against the US dollar, supported by foreign currency inflows linked to Reliance Industries’ Jio Platforms IPO and intervention by the Reserve Bank of India (RBI).The recovery came despite…
Including the commitments secured from anchor investors earlier this week, Jio Platforms’ IPO has attracted around Rs 77,892 crore Jio IPO subscription: Jio Platforms Ltd’s initial public offering (IPO) on Wednesday received subscriptions for 3.16 times the 19.75 crore shares available. Institutional investors accounted for the strongest demand. The offer will remain open for subscription…
The rally was driven by strong performance in iron ore, electricity, coal, refinery products, cement and steel NEW DELHI: India’s core sector growth accelerated to 7.9 per cent in September 2026, up from 5.9 per cent in August, driven by strong output across six of the eight key infrastructure industries, according to data released by…
The planned route will cover Anantapur, Guntakal, Raichur, Kalaburagi, Solapur and Kalyan before arriving in Mumbai. Indian Railways’ second Vande Bharat sleeper train service is all set to start in the coming days. South Western Railway (SWR) has proposed November 1, the occasion of Karnataka Rajyotsava, for the inaugural special run of the new Bengaluru-Mumbai…
In equity markets, holding duration dictates net returns. By Archit GuptaMost investors spend weeks deciding what to buy. Very few spend even an hour planning how they will sell. Yet the tax on an investment is charged when you realize your gains, not when you deploy your capital.This gap matters today more than ever. India…
At the upper end of this range, the IPO values Jio Platforms at approximately $108 billion. Jio IPO subscription: Jio Platforms Ltd’s Rs 30,213-crore initial public offering (IPO) received bids worth more than Rs 50,000 crore by mid-afternoon on Wednesday.Investors subscribed to 2.35 times the shares available on the first day. The issue had already…
SpaceX revenue surges 161% to $14.6 billion in Q3 SpaceX’s Super Intelligence business has become the biggest driver of the company’s latest quarterly growth, helping Elon Musk’s aerospace company report a net profit of $4.4 billion in the July-September quarter.Revenue more than doubled from a year earlier, rising 161 per cent to $14.6 billion, while…
SBI identifies 3,897 customer records in dark web data exposure NEW DELHI: The State Bank of India (SBI) on Wednesday said that it has identified 3,897 customer records containing personally identifiable information (PII) in data suspected to have been exposed on the dark web. The bank has launched a detailed investigation to establish the authenticity,…
On September 22, 2026, the ITAT Jaipur ruled in the retired bank employee’s favour. (Image for representative purpose only) Leave encashment is tax-free up to a limit for non-government employees. While the limit was earlier Rs 3 lakh, it was revised to Rs 25 lakh in 2023. There is no such upper limit for government…
