Clipped from: https://www.business-standard.com/article/companies/hdfc-bank-s-q3-net-profit-jumps-18-5-yoy-on-healthy-interest-income-growth-123011400544_1.html Strong growth in net interest income boosts bottomline, provisions fall India’s largest private lender HDFC Bank on Saturday reported an 18.5 per cent year-on-year (YoY)
Category: Company Specific News
ICICI Bank wins ‘Bank of the Year’ at 27th edition of BT-KPMG Best Banks & Fintechs Awards – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/icici-bank-wins-bank-of-the-year-at-27th-edition-of-bt-kpmg-best-banks-fintechs-awards-360231-2023-01-13 BT Banking Summit: Thirteen winners were awarded by Union Minister for Road Transport and Highways Nitin Gadkari, National Bank for Infrastructure Financing and
TCS Q3 Results: Offers enough for both the bulls and bears in the IT slugfest – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/tcs-q3-offers-enough-for-both-the-bulls-and-bears-in-the-it-slugfest/article66357860.ece Investors can continue to avoid the stock for now The results, although a little mixed, was slightly ahead of expectations at an overall
BoB (Buy) – The Hindu BusinessLine***
lipped from: https://www.thehindubusinessline.com/markets/brokers-call-bob-buy/article66374361.ece Target: ₹220 CMP: ₹184.90 We remain positive on Bank of Baroda (BOB) given: domestic corporate credit is reviving as growth touched an 8-yr
ICICI Lombard is gunning for top spot in India’s insurance space; it may even get there – BusinessToday – Issue Date: Jan 22, 2023*****
Clipped from: https://www.businesstoday.in/magazine/corporate/story/icici-lombard-is-gunning-for-top-spot-in-indias-insurance-space-it-may-even-get-there-359600-2023-01-10 ICICI Lombard General Insurance has leapfrogged from fifth to second spot in terms of market share after its merger with Bharti Axa. Now,
‘Want to give tough competition to HDFC Bank, ICICI Bank,’ says Axis Bank’s Amitabh Chaudhry – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/want-to-give-tough-competition-to-hdfc-bank-icici-bank-says-axis-banks-amitabh-chaudhry-360093-2023-01-13 On being asked about the tug-of-war between the two banks, Amitabh Chaudhry harked back to the moment when he joined Axis Bank as
‘Peeche Dekho, Aage Badho’: How ex-SBI chief Rajnish Kumar changed this age-old motto with the Yono app – BusinessToday
Clipped from: https://www.businesstoday.in/technology/story/peeche-dekho-aage-badho-how-ex-sbi-chief-rajnish-kumar-changed-this-age-old-motto-with-the-yono-app-360129-2023-01-13 “The biggest difference between the approach which the bank adopted was that for the first time, it put the customer’s convenience and what
TCS shares climb 3% in five sessions; here’s what analysts say – BusinessToday
Clipped from: https://www.businesstoday.in/markets/company-stock/story/tcs-shares-climb-3-in-five-sessions-heres-what-analysts-say-360161-2023-01-13 Tata Consultancy Services stock has gained 3 per cent in the past five days. Around 99,000 shares changed hands today, which was higher
TCS revenue growth likely to slow down in FY24, says Fitch Ratings | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/tcs-revenue-growth-likely-to-slow-down-in-fy24-says-fitch-ratings-123011200478_1.html After strong 3QFY23 results, TCS NSE 0.19 % (TCS NSE 0.19 %) revenue growth is likely to slow in financial year ending March
TCS Q3 results threw up positive surprise in terms of order booking and revenue: Omkar Tanksale – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/tcs-q3-results-threw-up-positive-surprise-in-terms-of-order-booking-and-revenue-omkar-tanksale/articleshow/96860029.cms SECTIONS TCS Q3 results threw up positive surprise in terms of order booking and revenue: Omkar Tanksale Last Updated: Jan 09, 2023, 07:12
State Bank is changing its business model, quietly | Business Standard Column*****
lipped from: https://www.business-standard.com/article/opinion/state-bank-changing-its-business-model-quietly-123010800429_1.html Going beyond corporate loans, SBI is getting into vendor financing as well as supply chain and cluster financing, the buzzwords of banking these
Asian Paints to invest ₹2,000 cr in new plant – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/asian-paints-to-invest-2000-cr-in-new-plant/article66349401.ece The facility that will come up in Madhya Pradesh will have a capacity of 4 lakh kilo litres per annum The company would
Bank of Baroda: Why you can accumulate this stock – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/bank-of-baroda-why-you-can-accumulate-this-stock/article66345763.ece Currently trading at ₹183.20, the bank, with easing asset quality issues and earnings on an improving trajectory, is geared for better days augur
Dabur India falls 4% after Q3 update hints high inflation to dent margins | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/dabur-india-falls-4-on-concerns-of-200-250-bps-margins-decline-in-q3-123010600507_1.html On account of challenging macro-economic environment and muted category growths in the quarter, the management anticipates to report low to mid-single digit revenue
RBI lifts ban on M&M Finance for outsourcing recovery, repossession agents | Business Standard News*
Clipped from: https://www.business-standard.com/article/companies/rbi-lifts-ban-on-m-m-finance-for-outsourcing-recovery-repossession-agents-123010401037_1.html On September 22, the regulator barred Mahindra Finance from carrying out any recovery or repossession activity through outsourced agents The Reserve Bank of
Walmart gets $1-billion tax bill for shifting PhonePe headquarters to India – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/money-and-banking/walmart-gets-1-billion-tax-bill-for-shifting-phonepe-headquarters-to-india/article66337966.ece The bill stems from the relocation and rise in value of PhonePe Pvt, which Walmart took majority ownership of after acquiring parent outfit
BharatPe posts 3x jump in losses to ₹5,584 crore in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bharatpe-posts-3x-jump-in-losses-to-5584-crore-in-fy22/article66338451.ece Change in fair value of shares impacts numbers The fintech company reported a 169 per cent growth in revenue at ₹321 crore |
L&T CEO asks employees to focus on emerging businesses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/lt-ceo-asks-employees-to-focus-on-emerging-businesses/article66330801.ece Says digital disruption and meta verse were the most pertinent themes of 2022 S N Subrahmanyan, CEO & MD, Larsen & Toubro (L&T)
Play safe, but play to win: From ITC to L&T, best blue-chips for 2023 | Business Standard News*******
Clipped from: https://www.business-standard.com/article/markets/play-safe-but-play-to-win-from-itc-to-l-t-best-blue-chips-for-2023-123010100508_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Keep your portfolio safe for 2023 with these 10 blue-chip bargains While leading Indian indices ended the year trumping most markets on returns, global factors
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