Category: Company Specific News
👍Go First Insolvency Resolution: Go First files for voluntary insolvency resolution proceedings before NCLT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/go-first-files-for-voluntary-insolvency-resolution-proceedings/articleshow/99934815.cms Synopsis “Go First deeply regrets the current situation, which has forced it to apply to the NCLT. With Pratt & Whitney failing to
👍Kotak Mahindra Bank PAT up 26% | The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/kotak-mahindra-bank-pat-up-26/3068856/ Kotak Mahindra Bank’s net profit rose 26% year-on-year (y-o-y) in the March quarter due to a strong growth in its loan book. The
👍👍👍Letter without spirit | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/letter-without-spirit/3064323/ Kotak Bank has followed the RBI guidelines but appears to have ignored the regulatory intent One wishes Kotak had walked the talk while
👍Reliance’s expansion manageable, says S&P
lipped from: https://www.business-standard.com/companies/news/reliance-s-expansion-manageable-says-s-p-123042600467_1.html S&P said RIL’s adjusted debt will likely remain at Rs 2.6 lakh crore to Rs 2.7 lakh crore over the next two years
🙏🙏🙏🙏🙏HDFC Bank: RBI hasn’t handed out a sweetener! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/hdfc-bank-rbi-hasnt-handed-out-a-sweetener/article66773283.ece The real challenge will be in handling regulatory requirements such as reserve ratios and repricing the loan book A section of the street
🙏AU Small Finance tumbles 5% in 4 sessions; what should investors do?
Clipped from: https://www.business-standard.com/markets/news/au-small-finance-tumbles-7-in-4-sessions-what-should-investors-do-123042600518_1.html Last week, reports claimed that the Reserve Bank of India has raised concerns about the rapid rise in advances at AU Small Finance
Reliance Industries withdraws proposal to merge subsidiary RNEL with itself
lipped from: https://www.business-standard.com/companies/news/reliance-industries-withdraws-proposal-to-merge-subsidiary-rnel-with-itself-123042200749_1.html RNEL will undertake the conglomerate’s new energy/renewable energy business Photo: Shutterstock Listen to This Article Reliance Industries (RIL) on Saturday said the company’s
Meesho’s monthly active users count about 55% of Amazon, Flipkart: Report
Clipped from: https://www.business-standard.com/companies/news/meesho-s-monthly-active-users-count-about-55-of-amazon-flipkart-report-123042101157_1.html Meesho is India’s third largest e-commerce retailer with CY22 GMV of $4.5 bn and 7 per cent market share, growing much faster than
👍👍👍👍👍In the run-up to merger: HDFC Bank gets RBI relief on PSL norms
Clipped from: https://www.business-standard.com/finance/news/rbi-allows-hdfc-bank-to-meet-psl-target-in-3-years-post-hdfc-merger-123042100689_1.html Some analysts estimated HDFC Bank would need Rs 1 trillion for meeting the CRR/SLR norms HDFC Education and HDFC Credila – both are
RIL net profit rises 19% to Rs 19,299 crore in Q4 to highest ever
Clipped from: https://www.business-standard.com/companies/results/ril-net-profit-rises-19-to-rs-19-299-crore-in-q4-to-highest-ever-123042101137_1.html Lower raw material costs and decline in tax expenses boost earnings Photo: Shutterstock Listen to This Article Boosted by a decline in raw
HDFC Bank stock’s re-rating still some time away, say analysts
Clipped from: https://www.business-standard.com/markets/news/hdfc-bank-near-term-volatility-to-continue-as-merger-timeline-gets-delayed-123041700303_1.html HDFC Bank shares: Analysts believe a re-rating in the stock would happen as and when more clarity emerges on the smooth merger with
IT stocks hammered in market spooked by weak outlook – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/it-stocks-hammered-over-concerns-of-weak-outlook/article66747786.ece Poor quarterly performances for TCS and Infosys are a clarion call for macroeconomic headwinds in the sector A poor outlook for the Indian
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