Clipped from: https://www.thehindubusinessline.com/portfolio/despite-valuations-surge-pharma-firms-still-have-headroom-to-grow/article68773759.ece Companies can leverage strong balance-sheets and use better their expanded asset base Over the last decade, the Indian pharma sector has seen a
Month: October 2024
Govt considering tighter import restrictions on laptops, PCs, tablets from Jan 1 – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/govt-considering-tighter-import-restrictions-on-laptops-pcs-tablets-from-jan-1/article68769658.ece Clipped from: https://www.thehindubusinessline.com/economy/govt-considering-tighter-import-restrictions-on-laptops-pcs-tablets-from-jan-1/article68769658.ece Stricter norms required to secure supply chain, boost domestic production, say officials The government is evaluating ways to tighten the import authorisation
Tech Mahindra delivers strong Q2 with deal wins accelerating – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/tech-mahindra-delivers-strong-q2-with-deal-wins-accelerating/article68771903.ece Tech Mahindra reported a 46.8 per cent sequential rise in net profit at ₹1250 crore in the September quarter, while revenue was 2.4
👌👌👌Why exchange rate volatility is essential for economic flexibility | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/why-exchange-rate-volatility-is-essential-for-economic-flexibility-124101701598_1.html While some people view exchange rate fluctuation as detrimental to the economy, it is, in fact, a crucial element of economic flexibility In
👌👌👌Axis Bank shares rally over 5% after Q2, but analysts cautious on outlook | News on Markets – Business Standard
Clipped from: https://www.business-standard.com/markets/news/axis-bank-shares-rally-5-after-q2-but-analysts-cautious-on-outlook-124101800252_1.html Axis Bank share price: Brokerages have cut their earnings forecast by up to 5 per cent over FY25-27 to factor in Q2 results
ICICI Lombard Q2 FY25 results: Net profit increases 20% to Rs 693 crore
Clipped from: https://www.business-standard.com/companies/results/icici-lombard-q2-fy25-results-net-profit-increases-20-to-rs-693-crore-124101801133_1.html The gross direct premium income (GDPI) rose 10.4 per cent Y-o-Y to Rs 6,721 crore from Rs 6,086 crore ICICI Lombard General Insurance
👌👌👌Kotak Mahindra Bank to buy Rs 4.1K cr India personal loan book of StanC | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/kotak-mahindra-bank-to-buy-rs-4-1k-cr-india-personal-loan-book-of-stanc-124101801189_1.html This deal marks the second significant transaction between an Indian private sector bank and a foreign bank in recent years Leading private sector
👌👌👌HDFC Bank Q2 Results 2024: Net profit increases 5% to Rs 16,820 cr | Company Results – Business Standard
Clipped from: https://www.business-standard.com/companies/results/hdfc-bank-q2fy25-results-net-profit-increases-5-to-rs-16-820-cr-124101900490_1.html The bank’s gross non-performing assets was 1.36 per cent in Q2FY25, up from 1.33 per cent in Q1FY25 The bank has mobilised over
👌👌👌👌👌We don’t want to join any party: RBI Guv on rate cut by other central banks | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rate-cut-at-this-stage-will-be-premature-and-very-risky-rbi-governor-das-124101800855_1.html We are not managing the exchange rate, Das clarified RBI Governor Shaktikanta Das Reserve Bank of India (RBI) Governor Shaktikanta Das cautioned on
The ‘principal’ issue of fixing audit accountability – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-principal-issue-of-fixing-audit-accountability/article68753524.ece Revised SA 600 puts the onus on the principal auditor in group audits involving holding companies and subsidiaries Companies Act 2013 mandates auditors
👌👌👌Travel insurance: Get pre-existing ailments covered by paying extra premium | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/travel-insurance-get-pre-existing-ailments-covered-by-paying-extra-premium-124101400996_1.html Non-medical coverage includes trip cancellations, curtailments, flight delays, missed connections, and loss of checked-in baggage, passports, and other important documents Photo: Shutterstock Listen
👌👌👌Over-reliance on AI poses financial stability risks: RBI Governor Das | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/over-reliance-on-ai-may-pose-financial-stability-risks-rbi-governor-124101400757_1.html Feasibility of expanding RTGS to settle transactions in USD, Euro, GBP can be explored (Photo: Shutterstock) Listen to This Article Reserve Bank of
SC revives Adani’s Rs 27K cr insolvency resolution for KSK Mahanadi project | Company News – Business Standard
lipped from: https://www.business-standard.com/companies/news/sc-revives-adani-s-rs-27k-cr-insolvency-resolution-for-ksk-mahanadi-project-124101401184_1.html The lenders have made claims of Rs 29,330 crore against KSK Mahanadi, which was sent for debt resolution in 2020 after the firm
👌👌👌Travel tip: Use prepaid forex card when abroad, avoid currency fluctuations | Personal Finance – Business Standard
lipped from: https://www.business-standard.com/finance/personal-finance/travel-tip-use-prepaid-forex-card-when-abroad-avoid-currency-fluctuations-124101000771_1.html Avoid dynamic currency conversion by paying in the local currency instead of Indian rupees Plan your finance before travel abroad. (File photo: Freepik)
PSU defaults, moral hazards: Can banks keep relying on govt ownership? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/psu-defaults-moral-hazards-can-banks-keep-relying-on-govt-ownership-124101300301_1.html MTNL and RINL aren’t good stories, particularly when both lenders and investors are getting their appetite for the infrastructure sector back Listen to
Facing pension delays? File a consumer complaint for quick resolution | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/facing-pension-delays-file-a-consumer-complaint-for-quick-resolution-124101300552_1.html National Commission observed the dispute was for pension benefit for which consideration in the form of contribution had been paid, so the complaint
The CGST rules: Helpful amendments, court decisions for exporters | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/the-cgst-rules-helpful-amendments-court-decisions-for-exporters-124101300647_1.html CBIC had issued its circular prescribing the procedures for the payment of IGST and compensation cess (CC) along with interest by the importers
RBI asks citizens to settle fee, charges on forex prepaid cards in rupee | Latest Updates | News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-asks-citizens-to-settle-fee-charges-on-forex-prepaid-cards-in-rupee-123050901207_1.html The internationalisation of the domestic currency would make domestic monetary policy more challenging but the option of compromising on growth by playing it
Q2 results preview: Lower input costs may aid pharma firms’ margins | Health News – Business Standard
Clipped from: https://www.business-standard.com/health/q2-results-preview-lower-input-costs-may-aid-pharma-firms-margins-124101300362_1.html Analysts expect overall sales growth to be 10-11% Listen to This Article Analysts are expecting pharmaceutical companies to post sales growth of 10-11
Why banks are branching furiously – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/current-account/why-banks-are-branching-furiously/article68748759.ece From financial inclusion to wooing back savings deposits, lenders have reasons to reject digital-only mode Even as digital banking finds more and more
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