Clipped from: https://www.thehindubusinessline.com/money-and-banking/kotak-mahindra-bank-q3-net-profit-up-15-per-cent/article64943259.ece Kotak Mahindra Bank reported a 15 per cent jump in standalone net profit to ₹2,131.36 crore in the third quarter of the fiscal
Category: Company Specific News
L&T Q3 FY22 net profit falls 5 per cent to ₹2,517 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/lt-q3-fy22-net-profit-falls-5-to-rs-2517-crore/article64943481.ece Consolidated order book of the group was at ₹340,365 crore Larsen & Toubro (L&T), India’s largest infrastructure company, saw a decline of 5
Zomato picks up stake in AdOnMo, UrbanPiper; board approves incorporation of NBFC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/zomato-picks-up-stake-in-adonmo-urban-piper-board-approves-incorporation-of-nbfc/article64943864.ece To pick up 19.48 pc stake in ad-tech company AdOnMo Pvt Ltd for ₹112.20; will also pick up 5 pc stake in B2B
TCS world’s second most valuable IT brand, Infosys fastest growing: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tcs-world-s-second-most-valuable-it-brand-infosys-fastest-growing-report-122012600486_1.html Indian IT firms outpace US competitors in Brand Finance IT services ranking Tata Consultancy Services (TCS) Tata Consultancy Services (TCS) has become the second
Why Future Group has challenged insolvency proceedings in SC | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/future-retail-supreme-court-loans-insolvency-proceedings-7742454/ Future Retail has moved the Supreme Court seeking protection from being declared a defaulter for failing to pay loan dues of Rs 3,494.56
Axis Bank’s re-rating ‘imminent’ provided it manages one operational metric | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/axis-bank-s-re-rating-imminent-provided-it-manages-one-operational-metric-122012500428_1.html On the back of this consistent beat on earnings, analysts believe Axis Bank’s stock is set to re-rate. They see up to 53
It’s a healthy correction in Zomato stock; buy for long-term: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/it-s-a-healthy-correction-in-zomato-stock-buy-for-long-term-analysts-122012500680_1.html With Zomato planning to expand its business, its outlook appears to be constructive, say analysts The shares of food delivery giant Zomato topped the Rs
FRL seeks time on loan dues; independent directors accept Reliance’s offer | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/frl-seeks-time-on-loan-dues-independent-directors-accept-reliance-s-offer-122012600038_1.html Retailer asks apex court to direct banks on not labelling it NPA Future Retail Ltd (FRL) has filed a writ petition in the Supreme
Zomato share price falls more, down 32% in one week; Kotak Securities sees massive upside, stock may double – The Financial Express
Clipped from: https://www.financialexpress.com/market/zomato-share-price-falls-more-down-32-in-one-week-kotak-securities-sees-massive-upside-stock-may-double/2415167/ Zomato share price extended its correction on Tuesday morning, falling another 5% over and above the 27% correction the stock has seen in
Axis Bank Q3 results: Net profit soars 224% to Rs 3,614 cr | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/axis-bank-q3-results-net-profit-soars-224-to-rs-3-614-cr-122012400867_1.html The bank’s net interest income grew 17% YoY to Rs 8,653 cr; asset quality improves Axis Bank (Photo: Bloomberg) Private lender Axis Bank on Monday
Reliance Industries expects bumper profits from global gas crunch | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/reliance-industries-expects-bumper-profits-from-global-gas-crunch-122012400921_1.html The conglomerate expects India in April to raise the price cap for its offshore gas sales by nearly 60% to around $10 per
HDFC Life hits 52-week low on lower-than-expected December quarter results | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/hdfc-life-hits-52-week-low-post-december-quarter-results-122012400432_1.html In Q3FY22, the company’s gross premium income remained healthy with a 27 per cent increase to Rs 12,255 crore, led by traction in
Flipkart expands grocery services to 1,800 cities across India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/flipkart-grocery-expands-its-service-to-1800-cities-across-india/article64937234.ece With this expansion, Flipkart is now present in 23 States across the country taking its reach to 10,000 pin codes E-commerce major Flipkart
Singapore-based Shopee takes India’s e-commerce market by storm | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/singapore-based-shopee-takes-india-s-e-commerce-market-by-storm-122012200021_1.html Becomes second-most downloaded app on Google Play; overtakes Amazon, JioMart, Myntra in daily, monthly active users Shopee entered the Brazilian market focusing on
Street signs: Adani Wilmar GMP at 40%, Asia’s big IPO flops, and more | Business Standard News
lipped from: https://www.business-standard.com/article/markets/street-signs-adani-wilmar-gmp-at-40-asia-s-big-ipo-flops-and-more-122012301064_1.html Through the IPO, Adani Wilmar is raising Rs 3,600 crore in fresh capital Adani Wilmar GMP at 40% Shares of Adani Wilmar are changing hands at
Zomato, Paytm, Nykaa, PB Fintech shares tank as bears run riot on Dalal Street; should you buy? – The Financial Express
Clipped from: https://www.financialexpress.com/market/zomato-paytm-nykaa-pb-fintech-shares-tank-as-bears-run-riot-on-dalal-street-should-you-buy/2414393/ Zomato, Paytm, Nykaa, Policybazaar, and other new-age internet companies were witnessing some strong selling pressure on Dalal Street on Monday. The fall in
62,000 retail investors suffer as Zomato dips below listing day low – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/62000-retail-investors-suffer-as-zomato-dips-below-listing-day-low/article64928553.ece The stock of Zomato on Friday hit its lowest point at ₹112.55 on the BSE since its listing July 27, 2021. This could
Reliance Industries Q3 results: Here are 10 key takeaways – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/reliance-industries-q3-results-here-are-10-key-takeaways-319943-2022-01-21 A significant contribution from business verticals, including retail segment, oil-to-chemicals and digital services businesses supported the financials. RIL’s consolidated revenue from operations also
Adani Wilmar (Fortune) IPO to open on Jan 27: Here’s price band, lot size and more
Clipped from: https://indianexpress.com/article/business/market/adani-wilmar-ipo-fortune-opens-january-27-price-band-rs-218-230-lot-size-and-more-details-7734831/ Adani Wilmar IPO: The IPO of edible oil maker Adani Wilmar will open on Thursday, January 27, 2022. Investors who wish to subscribe
Future mulls Supreme Court bid to avoid being named a defaulter | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/future-mulls-supreme-court-bid-to-avoid-being-named-a-defaulter-122012001768_1.html Future told Indian exchanges this month it was unable to pay 35 billion rupees ($470 million) it owed to its lenders on Dec