Ujjivan Small Finance Bank Ltd reported a 64% year-on-year drop in its profit during the three months ended December to Rs 109 crore due to a rise in provisions. Sequentially, the bank’s profit declined 53%.The bank’s provisions and contingencies rose to Rs 223 crore, up sharply from Rs 63 crore a year ago. A marginal…
HDFC Bank Q3 results: The largest private lender is likely to report a 0-3 percent rise in net profit for the December quarter, while net interest income (NII) will grow 6-8 percent. Provisions may rise sequentially, but decline on a year-on-year (YoY) basis. Net interest margin (NIM) may remain stable, banking analysts said, adding that…
Bharti Airtel and Bajaj Finance have announced a transformative partnership aimed at creating one of India’s largest digital platforms for financial services. By combining Airtel’s massive customer base of 375 million and Bajaj Finance’s extensive portfolio of 27 financial products, this collaboration promises to make financial services more accessible and inclusive, particularly for underserved communities….
Zomato Q3 results: Zomato on Monday reported a 57.24 per cent drop in its net profit to Rs 59 crore for the December 2024 quarter (Q3 FY25), according to a regulatory filing. Following this, its shares declined 7 per cent intra-day and closed at Rs 240.95 per share, down 3.14 per cent from the previous…
Havells India Ltd shares jumped on January 20 despite the company reporting a marginal drop in net profit in the December quarter. The home appliance maker’s profit fell to Rs 283 crore from Rs 288 crore a year ago in the quarter ended December 31. Havells’ revenue from operations rose nearly 11% to Rs 4,883…
Seagram’s Royal Stag BoomBox has officially announced its third edition, blending iconic Bollywood melodies with contemporary hip-hop beats. The immersive music festival, produced by Mirchi, showcased its lineup at an exclusive media preview in Mumbai. The festival aims to redefine the intersection of traditional and modern Indian music, aligning with the brand’s ‘Living it Large’…
Havells India shares jumped 1.08% on January 17 after the company announced its Q3 results on January 16. The company’s revenue from operations grew 10% to Rs 4,888.98 crore in Q3 FY25 as against Rs 4,413.86 crore in Q3 FY24. The shares opened 0.79% lower at Rs 1,544.95 and later recovered from the losses by…
The company’s revenue grew 7.6 per cent to Rs 41,764 crore in the third quarter as against Rs 38,821 crore in the same quarter last year.India’s second-largest IT services firm Infosys Ltd on Thursday reported an 11.4 per cent rise in net profit for the December quarter (Q3) of FY25 at Rs 6,806 crore as…
Trident Group, a leading global conglomerate, has announced its Karamyogi Recruitment Drive, aiming to recruit 3,000 skilled individuals across India. This initiative is a part of Trident’s broader vision for socio-economic development and its commitment to fostering a “Viksit Bharat” (Developed India). The drive will focus on Madhya Pradesh (Budhni) and Punjab (Dhaula and Sanghera),…
The 20th edition of the Mahindra Excellence in Theatre Awards (META) is now open for submissions, with an extended deadline of January 30, 2025. The prestigious awards, which celebrate the best of Indian theatre, will return to the iconic Kamani Auditorium and Shri Ram Centre in New Delhi. Over the years, META has become a…
