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Bank of India's Q1 net profit rises 10% to Rs 1,703 cr, NII up 6%

NII was up 6% YoY to Rs 6,275 crore in Q1FY25, compared to Rs 5,915 crore in Q1FY24, aided by robust growth in advances

87% cases filed with grievance committees under IT Rules resolved: MoS

The final decision of the GAC is binding on platforms and refusing to comply with the GAC can cost a platform its safe harbour protections

Apple achieves record revenue in India, Mac sales rise: CEO Tim Cook

Apple CFO Luca Maestri further highlighted the strong performance for Mac products in emerging markets, including India, during the call

Tamilnad Mercantile Bank Q1 results: Net profit up 10% at Rs 287.3 crore

Total income has grown 15 per cent to Rs 1,515 crore during the quarter under review, from Rs 1,323 crore during the same period last fiscal

Adani Wilmar shares jump 10% as Adani Enterprises to demerge food-FMCG biz

With this, the existing shareholders of AEL will hold shares directly in Adani Wilmar

TVS Mobility, Mitsubishi Corp sign deal for employee exchange programme

MC Japan will host employees from TVS Mobility and train them in automotive and mobility sectors

CRISIL SME Tracker: Weak demand a painful cut for diamond polishers

In the FY24, exports of cut and polished diamonds, which account for about 60 per cent of India's gems and jewellery exports, fell nearly a third year-on-year

Hero FinCorp files for Rs 3,668 crore IPO; Akums IPO subscribed over 50x

Among the selling shareholders for Hero FinCorp are AHVF II Holdings (Apollo Management), Apis Growth, Link Investment Trust, and Otter

Godrej Agrovet signs pact to acquire Tyson's stake in Godrej Tyson Foods

Increases its stake from 51 per cent to 100 per cent

Mkt regulator Sebi sets riders for university funds disclosure exemptions

Says exemption will be granted only if the fund's India equity AUM is less than 25% of the global AUM and global AUM is higher than Rs 10,000 crore

'Nothing has structurally changed on either food or fertiliser subsidy'

Somanathan responded to a range of queries arising from the Budget and explained the government's thinking, on employment schemes, capital gains indexation and fiscal roadmap and many more

IOB invites EoIs for Rs 1,067 crore bad loans through open offer

ARCs interested in acquiring the bad loans have to complete their due diligence on the accounts by August 12

Infosys says it's in full compliance after Rs 32,000 crore GST notice

The company, in a regulatory filing, said that the demand was towards the expenses incurred by its overseas brand offices for the period from July 2017 to March 2022

BSE shares rise 6% after Sebi proposes stricter derivatives trading rules

SoftBank-backed SaaS platform Unicommerce eSolutions Ltd will launch its initial public offering (IPO) on August 6.

Sundram Fasteners Q1 results: Net profit rises 11% to Rs 142.69 crore

The earnings before interest, depreciation, and taxes (EBITDA) for the quarter were at Rs 223.06 crore as against Rs 197.66 crore during the same period in the previous year

Les Hindous leads the way at Saffronart's 'Passages to India' auction

Rare books, prints, maps, photographs and letters capturing India's journey through time go under the hammer

TVS SCS Q1FY25 results: Net profit at Rs 7.5 cr on growth in revenue

During the quarter, the company made significant strides by securing key new business wins, including partnerships with global OEMs in the commercial vehicle sector in both India and Singapore

Coastal Energen promoters reiterate commitment to one-time settlement

The company said in a statement that the total financial commitment of the promoters to the project is Rs 7,097 crore, including Rs 5,847 crore offered as settlement to banks

Sebi launches chatbot SEVA, Prudent AUM crosses Rs 1 trillion, and more

One of the largest mutual fund (MF) distributors Prudent Corporate Advisory on Monday informed exchanges that its total MF assets under manage­m­ent (AUM) has crossed Rs 1 trillion

Indian Bank Q1 FY25 results: Net profit rises 41% to Rs 2,403 crore

Its operating profit improved by 9 per cent year-on-year (Y-o-Y) to Rs 4,502 crore in June 2024 from Rs 4,135 crore in June 2023