Jindal Group in talks to acquire Czech-based Vitkovice Steel for €150 million
The Naveen Jindal-owned business house already has a significant presence in geographies like Australia, Mozambique and Oman in sectors such as steel, power and mining
The Naveen Jindal-owned business house already has a significant presence in geographies like Australia, Mozambique and Oman in sectors such as steel, power and mining
On standalone basis, UltraTech Cement's profit from the domestic market was down 34.71% to ₹796.89 crore in the September quarter
IndusInd Bank led the fall, while Mahindra & Mahindra, NTPC, Larsen & Toubro, Adani Ports, Titan, Tata Steel and JSW Steel were also among the laggards.
The Nilgiris district administration said that owing to work on the new Kundah hydro power house in Kattukuppai, water stored in the Emerald Dam will be released
The Coimbatore police question IMK youth wing leader for threatening to “chop off editor’s tongue”, sparking legal action and protests
Former Fisheries Minister D. Jayakumar told journalists at the party headquarters that the AIADMK would have no truck with the BJP not only in 2026 but also in other elections in the future
Headquartered in Tokyo, the Japanese apparel brand focusses on technology and sustainability, and its latest collection of fleece jackets is made of recycled PET bottles
Started by Karthick Gunabalan, Pikbig.com showcases a collection of ethnic and Indo-western clothes for women
The RBI has explained its food inflation concerns for those who discount them in the context of monetary policy — while flagging financial stability issues
The changes promise a better user experience, with faster load times for web pages and smoother live streams
A surge in prices of fuel, metals and industrial feedstock led to a spike in production and operating costs this quarter, denting profit growth
The Centre should not relax its clinical trials norms unless the situation is exceptional or dire
Monetary policy cannot do very much to control food inflation, given that it is caused by supply bottlenecks rather than increase in demand
The portfolio asset quality continues to improve with Gross NPA at 1.24 percent as on end September 2024
Analysts from PL Capital and Axis Capital estimate a slowdown in loan growth to 12%, down from 19% in the previous year, and a dip in deposit growth to 9% from 15%
The private sector lender had reported a net profit of ₹1,323 crore in the year ago quarter
Murugappa Group’s NBFC, Cholamandalam Investment & Finance Co Ltd, reported a strong double-digit growth across key metrics in the September quarter and the first half of this fiscal year. Net income for Q2 surged 37 per cent y-o-y to ₹3,238 crore, up from ₹2,367 crore.
The Kolkata-based lender had posted a net profit of ₹ 721.16 crore for the first quarter last fiscal
Yes Bank’s standalone net profit more than doubled to ₹5.53 billion for the financial second quarter from ₹2.25 billion in the same period a year earlier
Its consolidated total income stood at around Rs ₹13,706 crore in Q2 FY25, compared to Rs ₹13,092 in Q1 FY25
YES Bank targets 17-18% deposit growth, loan growth of 13-14% in FY25; CEO Prashant Kumar says this can be the ‘right time’ to acquire an MFI
On a standalone basis, PNB’s net profit for the quarter under review increased 145 per cent to ₹4,303 crore (₹1,756 crore)
For the first half of the fiscal, the bank’s net profit exceeded ₹5,000 crore, totalling ₹5,110 crore, up from ₹3,697 crore
Net interest income grew by 12 per cent to ₹596 crore, up from ₹533 crore a year earlier
Bank to sell more stake in associate company Equirus Capital, raise ₹1,500 crore via infra bonds in H2
Global deposits were ₹13,47,347 crore, up by 9.34 percent, while gross advances reached ₹10,11,997 crore growing by 9.53%
For the quarter ended September 30, 2024, the company’s net profit surged by 34 per cent to ₹268 crore, up from ₹199 crore