Mumbai: Benchmark BSE Sensex rose by 319 points on Monday on gains in IT and financial stocks after positive quarterly results amid supportive global cues. The 30-share BSE barometer rose by 319.90 or 0.53 percent to close at 60,941.67. The index opened higher and gained more than 400 points to scale the 61,000 level. It … Read more
New Delhi: The Central Bureau of Investigation (CBI) on Friday arrested former CEO and managing director of ICICI Bank Chanda Kochhar and her husband Deepak Kochhar in connection with the Videocon loan case. Chanda Kochhar quit as the CEO of ICICI Bank in 2018. In its initial investigation, the CBI had found that six loans … Read more
Adani Enterprises Ltd., the flagship firm for billionaire Gautam Adani’s conglomerate, posted an almost 117 percent rise in quarterly profit, giving it more firepower to boost investments in numerous new businesses it’s nurturing. The Ahmedabad-based company reported a net income of 4.6 billion rupees ($55.5 million) for the quarter ended September 30, it said in a … Read more