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Axis Bank expects credit growth to exceed the industry average this fiscal year. Strong demand stems from corporate sectors and retail borrowers seeking gold loans. Data centres and manufacturing are driving corporate credit expansion significantly. Retail growth is fueled by gold loans and borrowers from smaller cities. The bank is also preparing two key businesses…
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Zoox and Tesla are taking different routes to driverless taxis. Here’s how their robotaxis differ in design, regulation, manufacturing and deployment
Antique Stock Broking initiated coverage on Astra Microwave Products with a buy rating and Rs 2,000 target price, implying around 20% upside from its August 25 market price. The stock rose as much as 3.7% following the report.
Women remain underrepresented in India’s rapidly expanding gig economy despite near-equal access to basic bank accounts. An ILO-NCAER study cites gaps in digital skills, mobility, safety and social norms as barriers, even as India’s gig workforce is projected to reach 23.5 million by 2029-30.
Radhakishan Damani’s top five stock holdings include Avenue Supermarts, Sundaram Finance, VST Industries, 3M India and United Breweries
IIFL Finance shares fell sharply on Tuesday after subsidiary IIFL Home Finance received a Rs 963.39 crore income tax demand covering April 2018 to February 2025. The company disputed the additions and said it is pursuing appellate remedies. Separately, IIFL Finance secured a stay on a Rs 475.56 crore tax demand.
Unlike property tax, maintenance cannot be charged at a higher rate for bigger flats and shops, explains the Maharashtra Co-operative Appellate Court and gives relief to flat and shop owners from discriminatory higher maintenance. Read the article.
Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from banks, slower renewable capacity additions and improving financial health among state-owned DISCOMs. The brokerage lowered its target to Rs 465 for PFC and Rs 410 for REC, while reducing FY26-FY28…