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Microfinance stress takes toll on FY25 profits

Microfinance stress takes toll on FY25 profits

Microfinance stress takes toll on FY25 profits

saiph24/7 May 25, 2025

CHENNAI: Stress in the sector has left microfinance institutions bleeding. Listed MFIs have either reported a loss...

Gold gets costlier in India as safe-haven demand rises globally

Gold gets costlier in India as safe-haven demand rises globally

Gold gets costlier in India as safe-haven demand rises globally

saiph24/7 May 25, 2025

Gold prices in India rose sharply on May 22, tracking global trends. The price for 24K gold...

Centre’s ownership of banks cuts ‘lender of last resort’ risk for RBI

Centre’s ownership of banks cuts ‘lender of last resort’ risk for RBI

Centre’s ownership of banks cuts ‘lender of last resort’ risk for RBI

saiph24/7 May 25, 2025

MUMBAI: RBI has acknowledged that government’s ownership of public sector banks makes its risk management job easier....

Biocon gets six-month extension on insulin supply contract In Malaysia

Biocon gets six-month extension on insulin supply contract In Malaysia

Biocon gets six-month extension on insulin supply contract In Malaysia

saiph24/7 May 25, 2025

Biocon Biologics, a subsidiary of Biocon Ltd, on Thursday, May 22, said the Malaysia government has extended...

Airtel seeks industry-wide alliance with Jio, VIL to combat telecom scams

Airtel seeks industry-wide alliance with Jio, VIL to combat telecom scams

Airtel seeks industry-wide alliance with Jio, VIL to combat telecom scams

saiph24/7 May 25, 2025

Bharti Airtel has reached out to Reliance Jio and Vodafone Idea (VIL) with a proposal for a...

Colgate-Palmolive shares decline 6%, the most in five years; Goldman Sachs cites margin concerns

Colgate-Palmolive shares decline 6%, the most in five years; Goldman Sachs cites margin concerns

Colgate-Palmolive shares decline 6%, the most in five years; Goldman Sachs cites margin concerns

saiph24/7 May 25, 2025

Shares of Colgate-Palolive (India) Ltd. declined nearly 6% on Thursday, May 22, in response to its fourth...

Reliance General Insurance net profit rises 12.5% to Rs 315 crore in FY25; eyes growth under new promoter IIHL

Reliance General Insurance net profit rises 12.5% to Rs 315 crore in FY25; eyes growth under new promoter IIHL

Reliance General Insurance net profit rises 12.5% to Rs 315 crore in FY25; eyes growth under new promoter IIHL

saiph24/7 May 25, 2025

Reliance General Insurance, a subsidiary of Reliance Capital recently acquired by IndusInd International Holdings Ltd (IIHL), posted...

IndusInd Bank’s corporate loan book is a bigger worry than its ₹2,238 crore net loss

IndusInd Bank’s corporate loan book is a bigger worry than its ₹2,238 crore net loss

IndusInd Bank’s corporate loan book is a bigger worry than its ₹2,238 crore net loss

saiph24/7 May 25, 2025

IndusInd Bank reported a net loss of ₹2,328 crore in the March quarter on Wednesday, May 21....

India’s renewable energy capacity triples in a decade, reaches 232 GW; eyes 500 GW by 2030

India’s renewable energy capacity triples in a decade, reaches 232 GW; eyes 500 GW by 2030

India’s renewable energy capacity triples in a decade, reaches 232 GW; eyes 500 GW by 2030

saiph24/7 May 25, 2025

India’s renewable energy sector has seen remarkable growth over the past decade, with installed green energy capacity...

Venus Remedies shares gain after GMP renewal from Ukraine’s regulatory body

Venus Remedies shares gain after GMP renewal from Ukraine’s regulatory body

saiph24/7 May 25, 2025

Venus Remedies Ltd shares gained over 3% on Thursday, May 22, after the company renewed its good...