[ MUMBAI: Axis Bank overtook Kotak Mahindra Bank on Thursday to become India’s third most valued private lender after a rout in the latter’s stock. Kotak Bank‘s stock opened deep in the red on Thursday a day after RBI restricted the lender from onboarding customers digitally and issuing credit cards, citing repeated failures to fix … Read more
[ CHENNAI: TVS Motor on Friday became the sixth Indian automobile company to hit more than Rs 1 lakh crore in marketcap. The company’s marketcap reached Rs 1 lakh crore, just behind Eicher Motor‘s Rs 1.1 lakh crore. Maruti Suzuki tops the pile at Rs 3.6 lakh crore and Tata Motors is second at Rs … Read more
[ NEW DELHI: Four of the top-10 most valued firms together added Rs 2.18 lakh crore in market valuation last week, with Life Insurance Corporation and State Bank of India emerging as the biggest gainers. From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and SBI were the … Read more
[ MUMBAI: Investor wealth, as measured by BSE market capitalisation, surged by about Rs 85 lakh crore in 2023, of which Rs 16 lakh crore – or nearly a fifth of the overall gain – came from state-owned companies. The combined market of 65 odd public sector undertakings jumped by 45% in 2023 in line … Read more
