UCO Bank approaches CBI for probing IMPS glitch, says systems safe

https://www.business-standard.com/finance/news/uco-bank-approaches-cbi-for-probing-imps-glitch-says-systems-safe-123111600449_1.html Clipped from: https://www.business-standard.com/finance/news/uco-bank-approaches-cbi-for-probing-imps-glitch-says-systems-safe-123111600449_1.html State-owned lender says it has recovered 79% of wrongly credited amount after the glitch State-owned UCO Bank has approached the Central Bureau

TCS issues transfer order to over 2,000 employees – The Hindu BusinessLine

https://www.thehindubusinessline.com/info-tech/tcs-issues-transfer-order-to-over-2000-employees/article67536206.ece Clipped from: https://www.thehindubusinessline.com/info-tech/tcs-issues-transfer-order-to-over-2000-employees/article67536206.ece Employees allege that those who resisted the transfer are facing action from the IT firm Tata Consultancy Services has issued transfer notices to

Should touch Rs 1K crore from OTC this year, says Nandini Piramal

https://www.business-standard.com/companies/interviews/the-cdmo-business-will-continue-to-grow-piramal-pharma-s-nandini-piramal-123110601028_1.html lipped from: https://www.business-standard.com/companies/interviews/the-cdmo-business-will-continue-to-grow-piramal-pharma-s-nandini-piramal-123110601028_1.html In an interview with Sohini Das, Piramal Pharma Chairperson Nandini Piramal outlines her plans, and why she wants to focus on profitability

Why did UCO Bank withdrawal circular on NPA borrowers – Banking & Finance News | The Financial Express

https://www.financialexpress.com/business/banking-finance-why-did-uco-bank-withdrawal-circular-on-npa-borrowers-3296700/ Clipped from: https://www.financialexpress.com/business/banking-finance-why-did-uco-bank-withdrawal-circular-on-npa-borrowers-3296700/ SBI had also used the same approach to reach out to potential defaulters X Kolkata-headquartered UCO Bank found itself in the middle

WeWork bankruptcy will not impact India operations: CEO – The Hindu BusinessLine

https://www.thehindubusinessline.com/news/wework-bankruptcy-will-not-impact-india-operations-ceo/article67483994.ece Clipped from: https://www.thehindubusinessline.com/news/wework-bankruptcy-will-not-impact-india-operations-ceo/article67483994.ece ‘WeWork India is a separate entity from WeWork Global’ Even as WeWork Inc plans to file Chapter 11 petition for bankruptcy in New Jersey, the

SBI Cards tumbles below IPO price after Q2 results – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/sbi-cards-tumbles-below-ipo-price-after-q2-results/article67477326.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sbi-cards-tumbles-below-ipo-price-after-q2-results/article67477326.ece Analysts see lack of triggers and cost pressure going ahead Shares of SBI Cards and Payment Services slipped below the IPO price

Kotak Mahindra Bank Could be a Laggard in Medium Term – The Hindu BusinessLine

https://www.business-standard.com/finance/insurance/irdai-sets-up-12-member-committee-to-simplify-insurance-policy-wordings-123102700422_1.html Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/kotak-mahindra-bank-could-be-a-laggard-in-medium-term/article67469764.ece Triggers for re-rating missing and the downside risks outweigh positives When assumptions get challenged, it can work both ways for a stock.

Asian Paints’ shares advance on Q2 results; Should you buy, sell the stock? – Market News | The Financial Express

https://www.financialexpress.com/market/asian-paints-shares-advance-on-q2-results-should-you-buy-sell-the-stock-3288250/ Clipped from: https://www.financialexpress.com/market/asian-paints-shares-advance-on-q2-results-should-you-buy-sell-the-stock-3288250/ Asian Paints’ stock price fell 4.32% in the last five days and 10.58% in the last one month, while it gained nearly

Asian Paints Q2 result: Consolidated profit jumps 53% YoY to Rs 1,232 cr

https://www.business-standard.com/companies/results/asian-paints-q2-result-consolidated-profit-jumps-53-yoy-to-rs-1-232-cr-123102600548_1.html Clipped from: https://www.business-standard.com/companies/results/asian-paints-q2-result-consolidated-profit-jumps-53-yoy-to-rs-1-232-cr-123102600548_1.html The company announced an interim dividend of Rs 5.15 per share Listen to This Article The Asian Paints reported a jump of 53.31 per

Attractive valuations make ICICI Prudential Life Insurance a long term buy

https://www.business-standard.com/markets/stock-market-news/attractive-valuations-make-icici-prudential-life-insurance-a-long-term-buy-123101801121_1.html lipped from: https://www.business-standard.com/markets/stock-market-news/attractive-valuations-make-icici-prudential-life-insurance-a-long-term-buy-123101801121_1.html However, after a sell-off from disappointed investors, valuations have corrected and the stock may be worth a long-term buy Photo: Shutterstock Listen

Kotak Mahindra Bank Q2 FY24 net profit grows 24% at ₹3,191 cr – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/kotak-mahindra-bank-q2-fy24-net-profit-grows-24-at-3191-crore/article67445333.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/kotak-mahindra-bank-q2-fy24-net-profit-grows-24-at-3191-crore/article67445333.ece Kotak Mahindra Bank’s consolidated net profit rises 24% y-o-y at ₹4,423 crore Kotak Mahindra Bank (KMB) reported a 24 per cent year-on-year (y-o-y)

👍👍👍👍👍Why bob World embargo is a warning for banks  – The Hindu BusinessLine

https://www.thehindubusinessline.com/blexplainer/bl-explainer-why-bob-world-embargo-is-a-warning-for-banks/article67412094.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-why-bob-world-embargo-is-a-warning-for-banks/article67412094.ece Increasingly As banks are nudging customers to app-based mobile banking practices, security and underwriting concerns could be increasing   What does RBI’s directive

TCS Q2 results: Muted as expected – The Hindu BusinessLine

https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/tcs-q2-results-muted-as-expected/article67408868.ece Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/tcs-q2-results-muted-as-expected/article67408868.ece The sector has been witnessing a slowdown and TCS September Q results are a reflection of what industry leader Accenture’s results had

GST authority issues Rs 922 cr show cause notices to Reliance General Insurance | The Financial Express

https://www.financialexpress.com/money/insurance-gst-authority-issues-rs-922-cr-show-cause-notices-to-reliance-general-insurance-3266290/ Clipped from: https://www.financialexpress.com/money/insurance-gst-authority-issues-rs-922-cr-show-cause-notices-to-reliance-general-insurance-3266290/ The GST Authority’s contention is that re-insurance commission forms part of the revenue recorded by the company in its books of accounts

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