Kotak Bank barred from onboarding customers online, issuing fresh credit cards

Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh......

Sensex rides on bluechip stocks; rises 585 points

Stock markets snapped the six-day losing run on Tuesday with benchmark Sensex climbing nearly 585 points on the back of value buying in blue-chips like HDFC Bank, Reliance Industries and Mahindra &......

LTIMindtree and L&T Technology Services plug into high-growth nodes

The listed information technology (IT) subsidiaries of engineering giant Larsen & Toubro (L&T), LTIMindtree (LTIM) and L&T Technology Services, have seen sharp upmoves over the past fortnight, with......

Sensex revisits 74K; Nifty climbs 168 points

Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark while the Nifty closed above the 22,550 level on Thursday, driven by heavy buying......