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India bonds log first monthly loss in four as surging oil, Treasury yields sting

In July, Indian government bonds faced their first monthly loss after a four-month streak of gains. The surge in oil prices and rising U.S. ...

State Bank of India's perpetual bond demand seen spurring more issuances, bankers say

State Bank of India's recent success in selling perpetual bonds is setting a positive precedent for other banks. With several lenders p...

Aditya Birla Capital Q1 Results: Profit jumps 40% YoY to Rs 1,175 crore

Aditya Birla Capital has announced an impressive forty percent increase in profits for the first quarter. The company’s consolidated total i...

Market wrap: Bajaj Finance, Bajaj Finserv, TCS among top gainers and losers on Nifty and Sensex on Friday

Indian equity benchmarks extended gains for a third straight session on Friday, with the Sensex rising 166 points and the Nifty closing abov...

ITC Q1 Results: Standalone profit falls 27% YoY to Rs 3,579 crore, but revenue grows 28%

ITC's net profit declined twenty-seven percent year-on-year for the first quarter. Revenue from operations, however, saw a significant ...