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Jio Financial Services Limited (JFSL) on Tuesday, April 8 announced that its NBFC arm, Jio Finance Limited (JFL), is entering the digital Loan Against Securities (LAS) space through its Jio Finance app. Shares of Jio Financial Services surged 5.45% to hit an intra-day high of ₹225.15 per share on the National Stock Exchange (NSE) on Tuesday. It closed at ₹224.81 per share, up 5.29% on the NSE, and was among the top gainers on the Nifty50 today. The fully digital Loan Against Securities (LAS) service will allow customers to get loans of up to ₹1 crore within 10 minutes, by leveraging their investments such as shares and mutual funds. LAS, which includes loans against shares and loans against mutual funds, will allow customers to avail loans at competitive interest rates starting f...

Shares of Titan Company jumped 6.5 percent on April 8, recovering from a 52-week low hit in the previous session. The sharp surge came after the company's strong business update for the January-March quarter (Q4FY25), showing broad-based revenue growth and continued retail expansion. The Tata Group firm reported a 25 per cent year-on-year (YoY) growth in revenue in the March quarter, led by strong performance in jewellery, watches, eyewear and emerging businesses. Titan added 72 new stores during the quarter, taking its total consolidated retail network to 3,312 stores by the end of FY25. Its jewellery segment, which drives the bulk of its revenue, posted a 24 percent year-on-year (YoY) growth. A sharp rise in gold prices led to a 27 percent YoY growth in plain gold jewellery sal...

New Delhi, Apr 7 Silver prices rose by Rs 732 to Rs 87,943 per kg in futures trade on Monday as participants increased their bets.Silver contracts for May delivery on the Multi Commodity Exchange rose by Rs 732, or 0.84 percent, to Rs 87,943 per kg in a business turnover of 22,944 lots.Silver prices jumped as participants created fresh deals.Globally, silver was trading 0.61 percent higher at $29.76 per ounce in New York.

Shares of PSU lender Union Bank of India fell over 5 percent on April 4 after its Q4FY25 business update failed to meet estimates, snapping two days of gains.In an exchange filing, Union Bank of India announced that its total loan book grew 8.6 percent to cross Rs 9.82 crore by the end of March quarter of FY25, however, this is lower than the 11-13 percent loan growth guidance stated earlier by the lender.Union Bank's total deposits also fell below its guidance levels. The lender had estimated that total deposits would grow 9-11 percent in Q4FY25, however, the bank reported a 7.22 percent growth in its total global deposits, despite a decline on April 4.Shares of the PSU lender have gained over 10 percent in the past one month, shrugging off volatility around US President Trump's tariff a...

Shares of leading NBFC Bajaj Finance rose over 2 percent on April 4 after the company shared a positive business update of 26 percent year-on-year growth in assets under management (AUM) during the January-March quarter of financial year 2024-25. In an exchange filing, Bajaj Finance said its AUM as of March 31, 2025, stood at around Rs 4.17 lakh crore, registering a growth of 26 percent as against the AUM of Rs 3.31 lakh crore reported a year ago. The company disbursed 1.07 crore loans in Q4FY25, registering a growth of around 36 percent as compared to a year ago. The financial services company's Q4FY25 customer franchise grew nearly 22 percent year-on-year to 10.18 crore, while the deposit book grew 19 percent to Rs 71,400 crore. The rally has helped the stock break a four-da...

New Delhi, Apr 3 Hero MotoCorp on Thursday said its total sales in March rose 12 percent year-on-year to 5,49,604 units.The leading two-wheeler maker had sold 4,90,415 units in March 2024.Hero MotoCorp said in a statement that 5,10,086 units were dispatched to dealers in the domestic market last month, up 11 percent from 4,59,257 units in March last year.Exports rose to 39,518 units as against 31,158 units in the same period a year ago.For FY 2024-25, the company sold 58,99,187 units as against 56,21,455 units in FY24."In December 2024, the company achieved the historic milestone of maintaining its market leadership for 24 consecutive years. Carrying forward this legacy, the company has extended its leadership momentum into the 25th year," the two-wheeler major said.The company said it ac...

In March 2025, Tata Motors' domestic sales stood at 90,500 units, a marginal decline from 90,822 units recorded in March 2024.Passenger vehicle (PV) sales, including electric vehicles (EVs), grew 3% to 51,872 units, and commercial vehicle (CV) sales fell 3% to 41,122 units. For FY2024-25, total sales fell 4% to 9,12,155 units from 9,49,015 units in FY24.Executive Director Girish Wagh expects growth in FY26 due to higher fleet utilisation, tariff cuts, lower crude oil prices and infrastructure expansion.He also raised the possibility of a price hike due to the new truck cab air conditioning regulations.MD Shailesh Chandra expects India's PV market to sell 4.3 million units in FY25, thanks to growth in SUVs, CNG and EVs. Tata Motors also plans to launch new models and has adopted a multi-po...

Mumbai, Apr 1 Mahindra & Mahindra Ltd on Tuesday said its total tractor sales, including exports, rose 34 per cent year-on-year to 34,934 units in March.According to a statement, the company had sold 26,024 tractors in March 2024.M&M Ltd said domestic sales for March 2025 stood at 32,582 units as against 24,276 tractors sold in the same month last year, registering a 34 per cent year-on-year growth.Exports during the previous period were recorded at 2,325 units, the company said."The tractor industry is witnessing good momentum due to favourable weather conditions, good reservoir levels, strong rabi scenario and positive terms of trade for farmers," said Hemant Sikka, President, Agricultural Equipment Sector, Mahindra & Mahindra Ltd.According to him, the harvesting season has ...

Toyota Motor Corporation reported a 9.5% rise in global group sales in February 2025, including its Daihatsu and Hino subsidiaries, with sales rising 52% in Japan to 177,968 units, while overseas sales increased less than 2% to 647,249 units.Sales in Japan last year were hit by widespread production halts due to a safety test-rigging scandal at the group's small car unit Daihatsu. The group's global sales in the first two months of 2025 rose 5.5% to 1,671,961 units, with sales in Japan rising more than 38% to 348,397 units, while overseas sales fell slightly to 1,323,564 units.Global sales of Toyota and Lexus brand vehicles rose 3% to 1,547,349 units so far this year, with sales in Japan rising 20% ​​to 259,821 units, while overseas sales were steady at 1,287,528 units. Sales in North ...

Mumbai, The country's foreign exchange reserves rose by US$ 4.529 billion to US$ 658.8 billion during the week ended March 21, the RBI said on Friday.In the previous reporting week, the total reserves had risen by US$ 305 million to US$ 654.271 billion.This is the third consecutive week that the foreign exchange reserves have increased, which were on a downward trend recently due to the revaluation, as well as interventions in the foreign exchange market by the RBI to help reduce volatility in the rupee. The foreign exchange reserves had risen to an all-time high of US$ 704.885 billion in September 2024.Foreign currency assets, a major component of the reserves, rose by US$ 1.669 billion to US$ 558.856 billion for the week ended March 21, data released on Friday showed.Foreign currency as...