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
Category: Company Specific News
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
Broker’s call: Canara Bank (Buy) – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/brokers-call-canara-bank-buy/article67504163.ece Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-canara-bank-buy/article67504163.ece Target: ₹506 CMP: ₹384.25 The Canara Bank has been reporting consistent growth in net profit since previous thirteen quarters. In Q2-FY24, the
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
Can Ashok Vaswani fill Uday Kotak’s big shoes? – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/can-vaswani-fill-uday-kotaks-big-shoes/article67453785.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/can-vaswani-fill-uday-kotaks-big-shoes/article67453785.ece While are a few similarities between the two bankers, Kotak Mahindra Bank may not be the same under the new MD Vaswani
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)
https://www.thehindubusinessline.com/info-tech/it-is-important-that-we-stay-close-to-the-customer-and-be-proactive-tcs-ceo/article67423611.ece Clipped from: https://www.thehindubusinessline.com/info-tech/it-is-important-that-we-stay-close-to-the-customer-and-be-proactive-tcs-ceo/article67423611.ece As he steers the company through a tough economic environment, he speaks to businessline about his targets for the company, and the
👍👍👍👍👍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