Market valuation of 4 of top-10 firms surge by Rs 2.20 lakh crore
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore last week.
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore last week.
HDFC Bank, State Bank of India, Canara Bank and Punjab National Bank were among the major laggards, declining up to 3 per cent.
The combined market valuation of the top 10 domestic firms eroded sharply by Rs 4.48 lakh crore last week. Major banks, including the State Bank of India and HDFC Bank, took the biggest hit.
Last week, the combined market valuation of eight of the top-10 most-valued firms eroded by Rs 2,81,581.53 crore.
The combined market valuation of eight of the top 10 valued firms spiked by Rs 4.55 trillion last week. In the list, Reliance Industries emerged as the biggest winner.
SBI General Insurance has announced a revision in premium rates for select health insurance products, effective February 1, 2025. The revised rates respond to evolving healthcare needs and regulatory shifts aimed at improving access to health insurance benefits, the company said.
Highlighting the recent development, the Paymt said that the National Payments Corporation of India (NPCI) has granted approval to One97 Communications Limited (OCL) to participate in UPI as a Third-Party Application Provider (TPAP) under multi-bank model.
Appearing on behalf of the bank, Senior advocate Harish Salve told the Supreme Court that if the numbers of Electoral Bonds are to be given, SBI will give.
Since the inception of the scheme in 2018, the SBI has issued Electoral Bonds worth Rs 16,518 crore in 30 tranches.
Global leader in customer experience solutions Avaya CEO Alan Masarek on Monday said that India is a key growth engine for Avaya worldwide, with significant demand coming from domestic clients and its partners.
