Category: Company Specific News
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
Infosys tumbles 15% on weak revenue outlook, drags sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/infosys-tumbles-15-on-weak-revenue-outlook-drags-sector/article66746646.ece?cx_testId=22&cx_testVariant=cx_1&cx_artPos=1&cx_experienceId=EX8OXMB4HBZD#cxrecs_s Company’s dismal revenue outlook raised concerns about demand for Indian IT services amid global banking turmoil and recession fears Infosys Ltd shares slumped nearly
MSME lending will be our focus this year: Godrej Capital CEO Manish Shah
lipped from: https://www.business-standard.com/companies/news/focus-of-this-year-will-be-msme-lending-godrej-capital-ceo-manish-shah-123041100831_1.html So most of our focus is where the homebuyers are. So, we work with about 200 projects in the country across all of
Amazon, Google CEOs hint at more layoffs amid meltdown to evaluate business
Clipped from: https://www.business-standard.com/companies/news/amazon-google-ceos-hint-at-more-layoffs-amid-economic-meltdown-123041500445_1.html As tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate business
HDFC Bank Q4 net profit up 19.8% to Rs 12,047 cr on healthy loan growth
Clipped from: https://www.business-standard.com/companies/results/hdfc-bank-q4-net-profit-up-19-8-to-rs-12-047-cr-on-healthy-loan-growth-123041500494_1.html Listen to This Article HDFC Bank, the largest private sector lender in the country, reported a 19.8 per cent on year increase in
Mukesh Ambani builds on record cricket views with film, TV offerings
Clipped from: https://www.business-standard.com/companies/news/mukesh-ambani-builds-on-record-cricket-views-with-film-tv-offerings-123041500103_1.html The potential viewership in India, home to 1.4 billion people and with a growing middle class and expanding internet access, is immense. JioCinema
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