PSU lender UCO Bank on October 4 said its total advances rose 18.56 percent year-on-year to Rs 1.98 lakh crore in the second quarter of the current financial year. Total advances of the bank were Rs 1.93 lakh crore in April-June quarter, and Rs 1.67 lakh crore in the year-ago period. In July-September quarter, domestic advances of…
IndusInd Bank on Friday (October 4) released its business update for the quarter ended September 30, 2024. The bank reported a 13% year-on-year (YoY) growth in net advances to ₹3.57 lakh crore from ₹3.15 lakh crore in the corresponding quarter last year.On a quarter-on-quarter (QoQ) basis, net advances grew 3%, standing at ₹3.48 lakh crore…
Usha International, a key player in India’s consumer durables market, partnered with the People’s Development Society and MATAM to host the Thang-Ta Gi Laallong Yendamnaba Competition 2024. Held at Nandeiban Lelkai Community Hall in Imphal East, the event drew over 150 participants across various age groups, with top performers receiving awards from Chief Guest Maharaja…
Apple plans to open four more retail outlets in India, one each in Bengaluru, Pune, Delhi-NCR, and Mumbai, the US multinational electronics company revealed on Friday. In April 2023, Apple established its first two stores in India: in Delhi and Mumbai. Apple announced that the iPhone 16 Pro and Pro Max, which are built in…
The launch of 30 Entrepreneurship Development Centres (EDCs) and four Incubation Centres at the Northeast Skill Development and Entrepreneurship Conclave 2024 marks a pivotal step toward preserving and advancing the region’s rich cultural heritage. Led by Minister Jayant Chaudhary, the initiative is set to empower the youth, foster local craftsmanship, and create 900 startups across…
State-run Indian Renewable Energy Development Agency (IREDA) Ltd. reported its business update for the April-September period in an exchange filing on Monday evening.For the first half of the current financial year, which ended on September 30, the loans sanctioned by IREDA increased by 303% from last year to ₹17,860 crore from ₹4,437 crore worth of…
New Delhi: Motorcycle maker Royal Enfield on Wednesday said its total wholesales grew 11 per cent year-on-year to 86,978 units in September.The company had dispatched 78,580 units in September 2023.Sales in the domestic market grew 7 per cent to 79,326 units from 74,261 units in the same period last year, Royal Enfield said in a…
Mumbai Adani Airport Holdings is raising Rs 1,950 crore through non-convertible debentures (NCDs) with the primary objective of providing inter-company loans to various airports, including Ahmedabad, Lucknow, Mangalore, Jaipur, Guwahati and Thiruvananthapuram.The NCDs with a coupon rate of 9.35% per annum will primarily cover payments made to the Airports Authority of India relating to prior…
Marking the World Environment Health Day, Toyota Kirloskar Motor (TKM) has reaffirmed its long-standing commitment to environmental sustainability. Over the years, TKM has consciously adopted sustainable business practices and transforming from a carmaker to a mobility company. Keeping with its principle of ‘Respect for the Planet’, Toyota globally announced the ‘Toyota Environmental Challenge 2050’ (TEC…
Shares of Ola Electric Mobility declined over 4 per cent on September 30, pushing the stock below the Rs 100 mark for the first time since its listing on the bourses. Moreover, the stock has been in the red in 12 of the last 14 sessions.According to this, it has fallen by more than 16…
