Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/kotak-mahindra-bank-q2-results-why-the-stock-corrected-post-results-and-key-takeaways-for-investors/article68782109.ece Asset quality in the short-term and margins in the medium-term are key monitorables for investors Kotak Mahindra Bank published financial results for the quarter
Category: Company Specific News
Truecaller partners with HDFC ERGO to combat digital fraud in India with ‘Fraud Insurance’; how it works – BusinessToday
Clipped from: https://www.businesstoday.in/technology/news/story/truecaller-partners-with-hdfc-ergo-to-combat-digital-fraud-in-india-with-fraud-insurance-how-it-works-434933-2024-06-27?utm_source=topic&utm_medium=topic&utm_campaign=topic As per a recent report by Indian Cyber Crime Coordination Centre, over the past three years, digital financial frauds have resulted in a
👌👌👌👌👌Why Kotak Mahindra Bank shares plunged 7% after Q2 results – India Today
Clipped from: https://www.indiatoday.in/business/story/kotak-mahindra-bank-share-price-decline-q2-results-nim-asset-quarlity-concerns-2620383-2024-10-21 At 1:02 pm, Kotak Mahindra Bank shares were down 5.18% to Rs 1,773 on the Bombay Stock Exchange. Kotak Mahindra Bank declined sharply
👌👌👌👌👌Health Insurer Niva Bupa gets Sebi nod for Rs 3,000 crore IPO. Details here – India Today
Clipped from: https://www.indiatoday.in/business/story/niva-bupa-sebi-nod-rs-3000-crore-ipo-all-details-here-2620519-2024-10-21 The IPO, which the company filed for back in June, will consist of a mix of Rs 800 crore in fresh shares and
Manappuram Finance shares tumbled 24% in 8 sessions; is the worst over or more pain ahead? – BusinessToday
Clipped from: https://www.businesstoday.in/markets/stocks/story/manappuram-finance-shares-tumbled-24-in-8-sessions-is-the-worst-over-or-more-pain-ahead-450863-2024-10-21 Manappuram Finance share price: The stock tanked 5.18 per cent to hit a day low of Rs 145.50. At this price, it has
Tech Mahindra delivers strong Q2 with deal wins accelerating – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/tech-mahindra-delivers-strong-q2-with-deal-wins-accelerating/article68771903.ece Tech Mahindra reported a 46.8 per cent sequential rise in net profit at ₹1250 crore in the September quarter, while revenue was 2.4
👌👌👌Axis Bank shares rally over 5% after Q2, but analysts cautious on outlook | News on Markets – Business Standard
Clipped from: https://www.business-standard.com/markets/news/axis-bank-shares-rally-5-after-q2-but-analysts-cautious-on-outlook-124101800252_1.html Axis Bank share price: Brokerages have cut their earnings forecast by up to 5 per cent over FY25-27 to factor in Q2 results
ICICI Lombard Q2 FY25 results: Net profit increases 20% to Rs 693 crore
Clipped from: https://www.business-standard.com/companies/results/icici-lombard-q2-fy25-results-net-profit-increases-20-to-rs-693-crore-124101801133_1.html The gross direct premium income (GDPI) rose 10.4 per cent Y-o-Y to Rs 6,721 crore from Rs 6,086 crore ICICI Lombard General Insurance
👌👌👌Kotak Mahindra Bank to buy Rs 4.1K cr India personal loan book of StanC | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/kotak-mahindra-bank-to-buy-rs-4-1k-cr-india-personal-loan-book-of-stanc-124101801189_1.html This deal marks the second significant transaction between an Indian private sector bank and a foreign bank in recent years Leading private sector
👌👌👌HDFC Bank Q2 Results 2024: Net profit increases 5% to Rs 16,820 cr | Company Results – Business Standard
Clipped from: https://www.business-standard.com/companies/results/hdfc-bank-q2fy25-results-net-profit-increases-5-to-rs-16-820-cr-124101900490_1.html The bank’s gross non-performing assets was 1.36 per cent in Q2FY25, up from 1.33 per cent in Q1FY25 The bank has mobilised over
Star Health receives $68,000 ransom demand from cyberhacker after data leak | Company News – Business Standard
lipped from: https://www.business-standard.com/companies/news/star-health-receives-68-000-ransom-demand-from-cyberhacker-after-data-leak-124101200427_1.html The company, whose shares have declined 11 per cent, has launched internal investigations and has taken legal action against Telegram and the hacker
👌Air India takes on competition with new products, improved service – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/air-india-takes-on-competition-with-new-products-improved-service/article68670778.ece Air India’s consolidated international market share is 24 per cent and the airline aims to grow it further with network expansion and service
Zomato receives fresh GST demand, penalty order amounting to Rs 17.7 cr | Company News – Business Standard
https://www.business-standard.com/companies/news/zomato-receives-fresh-gst-demand-penalty-order-amounting-to-rs-17-7-cr-124091801444_1.html Clipped from: https://www.business-standard.com/companies/news/zomato-receives-fresh-gst-demand-penalty-order-amounting-to-rs-17-7-cr-124091801444_1.html The demand order, received by the company on Tuesday, is with respect to non- payment of GST on delivery charges and interest,
ICICI Bank’s market cap tops Rs 9 trillion; stock hits new high | News on Markets – Business Standard
https://www.business-standard.com/markets/news/icici-bank-s-market-cap-tops-rs-9-trillion-stock-hits-new-high-124091800430_1.html Clipped from: https://www.business-standard.com/markets/news/icici-bank-s-market-cap-tops-rs-9-trillion-stock-hits-new-high-124091800430_1.html In one week, the stock of the second largest private sector lender has outperformed the market by gaining 3.5 per cent, compared
👌👌👌Bank of Baroda introduces GenAI-powered virtual relationship manager for conversational banking – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/bank-of-baroda-introduces-genai-powered-virtual-relationship-manager-for-conversational-banking/article68650732.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/bank-of-baroda-introduces-genai-powered-virtual-relationship-manager-for-conversational-banking/article68650732.ece These human-like interface presented in the form of digital avatars, offer conversational banking across a range of services Bank of Baroda (BoB)
👌Tata Sons’ dividend income falls in FY24, becomes debt- free – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/tata-sons-dividend-income-falls-in-fy24-becomes-debt-free/article68618471.ece Clipped from: https://www.thehindubusinessline.com/companies/tata-sons-dividend-income-falls-in-fy24-becomes-debt-free/article68618471.ece Tata Sons is the holding entity for companies under the group and a large part of its income is derived from the
FinMin clears decks for PNB, BoM to raise Rs 10,000 cr via QIP in FY25
https://www.business-standard.com/industry/banking/govt-nods-pnb-bom-to-raise-rs-10-000-crore-through-qip-route-in-fy25-124090800434_1.html Clipped from: https://www.business-standard.com/industry/banking/govt-nods-pnb-bom-to-raise-rs-10-000-crore-through-qip-route-in-fy25-124090800434_1.html Receives similar proposals from Union Bank of India, UCO Bank, Indian Overseas Bank The Union Ministry of Finance has approved the proposals
SBI, Vodafone Idea and Indus stocks tank after Goldman Sachs ‘sell’ call | Stock Market Today – Business Standard
https://www.business-standard.com/markets/stock-market-news/sbi-vodafone-idea-indus-towers-shares-tank-following-goldman-report-124090601044_1.html Clipped from: https://www.business-standard.com/markets/stock-market-news/sbi-vodafone-idea-indus-towers-shares-tank-following-goldman-report-124090601044_1.html Airtel outperforms as the US-based brokerage reiterates ‘buy’, increases target price Photo: Bloomberg Listen to This Article Goldman Sachs’ “sell” call on
Air India posts 60% fall in losses at ₹4,444 crore in FY24: Tata Group – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/air-india-posts-60-fall-in-losses-at-4444-crore-in-fy24-tata-group/article68617220.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/air-india-posts-60-fall-in-losses-at-4444-crore-in-fy24-tata-group/article68617220.ece It also said that Air India has recorded its highest consolidated annual operating revenues of ₹51,365 crore, up 24.5 per cent over
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