HDFC Bank, India’s largest private sector lender, has officially denied reports suggesting a hike in the Average Monthly Balance (AMB) requirement for savings accounts. In a statement issued on August 14, 2025, the bank confirmed that there has been no change in the AMB across any account type. Contrary to speculation that new customers in…
New Delhi: CSB Bank on Wednesday reported a marginal 5 per cent rise in June quarter net profit to Rs 119 crore. The private sector bank had posted a profit of Rs 113 crore in the same quarter a year ago. Total income rose to Rs 1,286 crore from Rs 1,004 crore a year ago….
Mumbai, August 13, 2025 — Vodafone Idea (Vi) has announced a strategic investment of ₹1.56 crore to acquire a 26% equity stake in Aditya Birla Renewables SPV 3 Limited (ABRen SPV 3), a special-purpose vehicle formed to own and operate a captive renewable energy power plant. The move is aimed at securing cost-effective green energy…
New Delhi, Silver prices rose by Rs 423 to Rs 1,13,719 per kg in futures trade on Tuesday as participants increased their deals. At the Multi Commodity Exchange, the price of silver contracts for September delivery rose by Rs 423, or 0.37 percent, to Rs 1,13,719 per kg in a business turnover of 15,593 lots….
New Delhi, Realty company Groovy India Limited reported a net profit of Rs 1.1 crore in the first quarter of the current financial year. The Delhi-based company, listed on the stock exchanges, had a net loss of Rs 25 lakh in the same quarter last year. Groovy said in a statement on Monday that total…
ICICI Bank, one of India’s leading private lenders, has announced a significant revision to its savings account policy, increasing the minimum average monthly balance (MAMB) for metro and urban branches to ₹50,000. The change, effective from August 1, 2025, applies to all new savings accounts opened thereafter. This marks a 400% hike from the previous…
New Delhi, Silver prices rose by Rs 680 to Rs 1,14,966 per kg in futures trade on Friday as participants increased their deals. At the Multi Commodity Exchange, the price of silver contract for September delivery rose by Rs 680, or 0.59 percent, to Rs 1,14,966 per kg in a business turnover of 15,933 lots….
Mumbai, August 8, 2025 — Tata Motors Ltd. reported a sharp 63% year-on-year decline in consolidated net profit for the first quarter of FY26, falling to ₹3,924 crore from ₹10,514 crore in the same period last year. The drop was attributed to weaker margins and a slight contraction in revenue, despite the results meeting analysts’…
Triumph Motorcycles India has introduced its fifth 400cc platform model, the Thruxton 400 – the brand’s first affordable café racer. Alongside the launch, Triumph also raised the prices of the Scrambler 400 X, now starting at ₹2,67,731 — ₹1,731 more than before. The Speed 400 has also seen a price hike, now retailing at ₹2.50…
Shares of state-owned Bharat Heavy Electricals Ltd (BHEL) on Thursday, August 7, fell nearly 7% as the company’s June quarter net loss widened due to higher expenses. BHEL on Wednesday reported that its consolidated net loss widened to ₹455.50 crore in the June quarter of FY2025-26 from a net loss of ₹211.40 crore in Q1…
