Dubai’s Emirates NBD to Acquire 60% Stake in RBL Bank for Rs 26,853 Crore RBL Bank Ltd. has approved raising up to Rs 26,853 crore via a primary stake sale to Dubai’s state-owned lender Emirates NBD Bank, according to a regulatory filing on Saturday. This move is expected to have a significant impact on the […]

RBL Bank Q2 Results: Net Profit Down 20%, NII Falls 4%; Majority Stake Sale to Emirates NBD RBL Bank Ltd.’s net profit for the second quarter of FY26 declined 20%, as per an exchange filing with the results on Saturday. The bank reported a standalone bottom-line of Rs 178 crore, compared to Rs 222 crore

Samvat 2082: A Word of Caution for Investors in the IPO Wave As the Indian primary markets continue to buzz with new public offerings, market veteran Sunil Singhania has sounded a warning bell for investors. In a recent interview with NDTV Profit, Singhania expressed his concerns about the current IPO wave, stating that around 75%

Anand Rathi Wealth Q2 Results: Margin Pressure Ahead Despite Strong Earnings Anand Rathi Wealth Ltd has reported its September quarter earnings for the fiscal year ending March 2026, showcasing robust growth in its consolidated net profit and revenue. However, the company has flagged potential margin pressure ahead due to its plans to reinvest in the

Dhanteras 2025: A Record-Breaking Year for Gold and Silver Sales Indian consumers spent an estimated Rs 1 lakh crore during the Dhanteras festival this year, driven by robust gold and silver purchases despite sharp price increases, a leading traders’ body said on Saturday. Gold and Silver Sales Soar The Confederation of All India Traders said

Crypto Miners Riding The AI Wave Are Leaving Bitcoin Behind Shares of the large-scale computing outfits that make Bitcoin work are once again outperforming the original cryptocurrency, as more pivot to hybrid models built around artificial intelligence and high-performance computing. Long-ago dubbed miners because of the perceived similarities to the mining of traditional commodities such

Dividend Stocks This Week: IRFC, Tech Mahindra, Waaree Energies And More — Check Record Dates Indian Railway Finance Corporation Ltd. (IRFC), Tech Mahindra Ltd. and Waaree Energies Ltd. are among the key stocks that will trade ex-dividend this week. Investors eyeing dividend payouts must track these dates closely to ensure eligibility. To receive the dividend,

Muhurat Trading 2024: A Symbolic yet Significant Trading Session As the festival season began, stock market participants have grown eager for the National Stock Exchange and BSE Ltd.’s annual special trading session, Muhurat Trading. This year, however, there is confusion as Diwali falls on Monday, but the exchanges are set to conduct the one-hour special

Festive Binge: Swiggy, Magicpin See Spike In Food Delivery Orders As India revels in the spirit of the festive season, food delivery platforms Swiggy and magicpin have reported a massive surge in orders, highlighting how culinary cravings are now central to the country’s celebrations. Anshoo Sharma, CEO & Co-founder of magicpin, India’s third-largest food delivery

Meesho IPO: A New Chapter for the Softbank-Backed E-Retailer Meesho, one of India’s leading e-commerce companies, has taken a significant step towards going public by filing updated draft IPO papers with the market regulator SEBI. The proposed initial public offering (IPO) aims to raise Rs 4,250 crore through a combination of fresh equity issuance and