Banking

Spandana Sphoorty's Net Profit Rises 268% To Rs 105 Cr In March Quarter

The overall assets under management stood at Rs 8,511 crore as of March 31, 2023, against Rs 6,581 crore in the year-ago... Read more

UltraTech Cement Stock Down 1% On Net Profit Decline In March Quarter

Shares of UltraTech Cement fell by over 1 per cent on Tuesday after the company reported a 36.1 per cent decline in its ... Read more

NTPC Coal Output From Captive Mines More Than Doubled To 2.75 Mt In April

State-owned NTPC Ltd on Tuesday reported an over two-fold jump in production of coal from its captive mines at 2.75 mill... Read more

Go First Airways Files For Insolvency, Blames Pratt & Whitney Engines

Aviation regulator DGCA on Tuesday issued a show cause notice to Go First after the airline decided to cancel flights fo... Read more

BharatPe Acquires Majority Stake In Mumbai-based NBFC Trillion Loans

Company that provides loans to small businesses will operate as independent entity Read more

NMDC's Iron Ore Production Rises 11.42% To 3.51 Mn Tonnes In April

State-owned NMDC Ltd on Tuesday reported an 11.42 per cent rise in its iron ore production of 3.51 million tonne (MT) in... Read more

Adidas Faces Lawsuit From Investors Over Kanye West Partnership, Fallout

Adidas is facing a class-action lawsuit from investors who allege the company knew about offensive remarks and harmful b... Read more

Adani Focuses On Energy As Green Unit's Net Income Quadruples In 3 Months

Adani Green Energy Ltd., India's top renewables company, saw net income in the three months through March more than quad... Read more

IBM To Pause Hiring For Jobs That AI Could Do, Says CEO Arvind Krishna

Hiring in back-office functions - such as human resources - will be suspended or slowed, Krishna said in an interview Read more

Adani Green Energy Net Profit Surges 142% To Rs 1,365 Crore In Q4

AGEL said it has signed PPAs for 450 MW wind projects and 650 MW solar projects with SECI in FY23 further strengthening ... Read more

Adani Green Energy Net Profit Up 4-fold To Rs 507 Cr In March Quarter

Adani Green Energy on Monday posted a four-fold rise in its consolidated net profit to Rs 507 crore in the March quarte... Read more

Mobikwik Turns Profitable In March Quarter, Expects To Double Revenue

Fintech platform Mobikwik turned profitable in the March quarter and expects to almost double revenue to over Rs 1,000 c... Read more

Hero MotoCorp's Sales Decline By 5% YoY To 396,107 Units In April

Hero MotoCorp on Monday said its total wholesales declined 5 per cent year on year to 3,96,107 units in April. The cou... Read more

TVS Motor's Total Sales Sees 4% YoY Uptick To 3.06 Lakh Units In April

TVS Motor Company on Monday reported a 4 per cent rise in total sales to 3,06,224 units in April 2023 compared to 2,95,3... Read more

TVS Motor Sees Highest Domestic Growth Among Major Two-wheeler Makers

Entry-level two-wheelers saw a muted growth for the last several quarters due to factors such as inflation and high acqu... Read more