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73,600x surge in 2 days: Elcid Investments now India's 'priciest' stock

Shares of Elcid were frozen at Rs 3.21 apiece for the past year, with barely any buyers or sellers in the counter

73,600x surge in 2 days: Elcid Investments now India's 'priciest' stock
Updated On : 29 Oct 2024 | 11:06 PM IST

V-Guard Q2FY25 results: Net profit increases 7.5% to Rs 63.39 crore

The company's consolidated net revenue from operations for the quarter ended September 30 this year was Rs 1,293.99 crore, marking a growth of 14.1%

V-Guard Q2FY25 results: Net profit increases 7.5% to Rs 63.39 crore
Updated On : 29 Oct 2024 | 8:56 PM IST

Motilal Oswal Fin logs record profit of Rs 1.2K cr; ABSL AMC net up 36%

Aditya Birla Sun Life (ABSL) Asset Management Company (AMC) on Monday reported a 36 per cent year-on-year (Y-o-Y) jump in the net pro - fit for the previous quarter (Q2) at Rs 240 crore

Motilal Oswal Fin logs record profit of Rs 1.2K cr; ABSL AMC net up 36%
Updated On : 29 Oct 2024 | 12:09 AM IST

A mixed bag for new listings: Waaree Energies up 56%, Deepak Builders dips

Waare's IPO consisted of fresh fundraise of Rs 3,600 crore and an offer for sale of Rs 721 crore. The stock is priced at 53 times its financial year 2024 (FY24) earnings of Rs 1,274 crore

A mixed bag for new listings: Waaree Energies up 56%, Deepak Builders dips
Updated On : 29 Oct 2024 | 12:02 AM IST

Renault Nissan Chennai unit crosses 4.5 mn powertrain production milestone

The plant has the capacity to produce engines ranging from 800cc to 1500cc

Renault Nissan Chennai unit crosses 4.5 mn powertrain production milestone
Updated On : 28 Oct 2024 | 10:14 PM IST

HDFC Bank advises customers to stay vigilant against digital arrests

The country's largest private sector bank has shared tips on how its customers can protect themselves from the emerging online fraud

HDFC Bank advises customers to stay vigilant against digital arrests
Updated On : 28 Oct 2024 | 8:14 PM IST

Tamilnad Mercantile Bank Q2 results: Net profit rises 11% to Rs 303 cr

Total income grew 15 per cent to Rs 1,565 crore during the quarter under review, from Rs 1,365 crore during the July to September period last financial year

Tamilnad Mercantile Bank Q2 results: Net profit rises 11% to Rs 303 cr
Updated On : 28 Oct 2024 | 8:00 PM IST

360 One Wam launches 22.2 million new shares worth Rs 2,250 crore via QIP

The QIP will lead to dilution of 6.1 per cent of pre-issue outstanding equity capital

360 One Wam launches 22.2 million new shares worth Rs 2,250 crore via QIP
Updated On : 25 Oct 2024 | 11:48 PM IST

Indian Bank raises Rs 5,000 crore through long-term infrastructure bonds

The bank said the private placement of long-term infrastructure bonds received an overwhelming response at 3.19 times the total issue size

Indian Bank raises Rs 5,000 crore through long-term infrastructure bonds
Updated On : 25 Oct 2024 | 8:46 PM IST

Shriram Finance Q2FY25 results: Net profit rises 20% to Rs 2,153 crore

The NBFC's total income during the period under review increased by 18 per cent to Rs 10,096.68 crore, up from Rs 8,564.45 crore during the same quarter in 2023-24

Shriram Finance Q2FY25 results: Net profit rises 20% to Rs 2,153 crore
Updated On : 25 Oct 2024 | 7:26 PM IST

MFI lenders turn cautious, loan portfolio declines as delinquencies rise

Overleveraging by customers is a pain point in the industry, said a regulatory report in FY23

MFI lenders turn cautious, loan portfolio declines as delinquencies rise
Updated On : 25 Oct 2024 | 10:13 AM IST

Nippon India AMC Q2 profit surges 47% to Rs 360 cr; Zinc hits 20-month high

Spark Private Wealth Management (PWM) on Thursday said its assets under management (including advisory) has crossed the Rs 25,000 crore mark

Nippon India AMC Q2 profit surges 47% to Rs 360 cr; Zinc hits 20-month high
Updated On : 24 Oct 2024 | 11:38 PM IST

Insurance policies of various companies collected in single table

What companies offer to subscribers living in a metro city and do not smoke

Insurance policies of various companies collected in single table
Updated On : 24 Oct 2024 | 6:33 PM IST

Tata Power, Keppel team up for sustainable cooling solutions in India

The collaboration, the company added, will focus on high-demand environments such as airports, IT parks, Special Economic Zones, data centres, and other industrial and commercial properties

Tata Power, Keppel team up for sustainable cooling solutions in India
Updated On : 24 Oct 2024 | 6:33 PM IST

Birla Corporation Q2 results: Firm reports net loss of Rs 25.19 crore

The company attributed the loss to sluggish cement demand during the traditionally weak monsoon quarter, with prices plummeting to record lows in all key markets

Birla Corporation Q2 results: Firm reports net loss of Rs 25.19 crore
Updated On : 23 Oct 2024 | 9:02 PM IST

Muthoot Finance raises $400 million via USD notes, oversubscribed 3.9x

The funds raised will be used for onward lending and other activities permitted under the external commercial borrowing guidelines of the Reserve Bank of India

Muthoot Finance raises $400 million via USD notes, oversubscribed 3.9x
Updated On : 23 Oct 2024 | 6:36 PM IST

Mutual fund units to fall under PIT regulations from November 1

The market regulator had issued the notification on the inclusion of MF units under PIT in November 2022, but it is being made effective now after consultation with industry bodies and members

Mutual fund units to fall under PIT regulations from November 1
Updated On : 22 Oct 2024 | 8:42 PM IST

State Bank of India to raise Rs 5,000 cr through AT-I bonds this week

The issue size is Rs 2,000 crore, with a green shoe option of Rs 3,000 crore

State Bank of India to raise Rs 5,000 cr through AT-I bonds this week
Updated On : 21 Oct 2024 | 6:59 PM IST

Kotak Mahindra Bank Q2 results: Consolidated PAT up 13% to Rs 5,044 crore

Other income or non-interest income went up to Rs 2,684.19 crore from Rs 2,314.53 crore. Fees and services for Q2FY25 increased to Rs 2,312 crore, up 14 per cent

Kotak Mahindra Bank Q2 results: Consolidated PAT up 13% to Rs 5,044 crore
Updated On : 19 Oct 2024 | 2:56 PM IST