LIC trims holding in 15 Sensex firms

Booking profit in the recent stock market uptrend, state-run insurance giant LIC offloaded shares worth over $1 billion in half of the 30 Sensex companies, including in RIL and ICICI Bank, in last......

Banking industry doyen N Vaghul dies at 88

Veteran banker N Vaghul, who led the transformation of ICICI into a private sector lender, died on Saturday afternoon due to health complications. He was 88. Vaghul took over the reins of ICICI,......

India Inc earnings, revenue growth in Q2 may stay muted

Brokerages expect slower growth in industry’s volumes and revenue in July-September 2024 (Q2FY25). Illustration: Uttam Ghosh/Rediff.com But they anticipate a pickup in profit growth, driven......

Budget Impact: 10 Largecaps To Look Out For

10 largecaps stocks which stand to gain from the Budget. Illustration: Dominic Xavier/Rediff.com The FY26 Union Budget marked a shift in the government stance towards consumption from its earlier......

Axis Bank, L&T, Thermax: Chris Wood rejigs India equity portfolio

Christopher Wood, global head of equity strategy at Jefferies has rejigged his equity portfolios. Illustration: Uttam Ghosh/Rediff.com In his Asia ex-Japan long-only portfolio, he has added Axis......