News

Day: March 21, 2025

Blog
L&T elevates Subramanian Sarma to deputy MD and president

Sarma, who currently serves as wholetime director and president of energy, has over 40 years of experience, with 30 years being in the Middle East. Shares of Larsen & Toubro Ltd ended at ₹3,417.35, up by ₹68.15, or 2.03%, on the BSE.

Blog
Return of the FIIs? Biggest buy of 2025; Nifty, rupee hit purple patch

Foreign institutional investors (FIIs) staged a strong comeback, making their highest equity purchase of 2025 at ₹7,470 crore on March 21. Markets rebounded sharply, adding ₹22 lakh crore in wealth, while the rupee posted its best weekly gain in two years.

Blog
RBI imposes ₹36-lakh penalty on IDBI Bank for FEMA violation

RBI clarified that the penalty was imposed for compliance deficiencies and did not impact the validity of the bank’s transactions with its customers. Shares of IDBI Bank Ltd ended at ₹81.35, up by ₹6.11, or 8.12%, on the BSE.