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Sundaram Finance Holdings net profit surges 48% in FY23 to Rs 237 crore

On a standalone basis, net profit of Rs 94.75 crore for the year ended March 2023 was seen up 101 per cent over the Rs 46.91 crore for the corresponding period of the previous year

Andhra cops arrest 3 Malaysians at Chennai airport in loan app scam case

The scamsters would capture the contacts of victims who took the loans and extorted money from them by threatening to circulate morphed images and videos and post the images on social media

Adani stocks cool off after 3-day surge; save for three, rest shed 0.5-6%

Flagship Adani Enterprises declined the most at 6 per cent after a three-day 40 per cent surge

Biocon Q4 results: Net profit rises 31% to Rs 313 cr, revenue up 57%

For the entire financial year, the company's net profit saw a decline of 29 per cent to Rs 462.7 crore, as compared to Rs 648.4 crore in 2021-22

ALD Automotive completes acquisition of LeasePlan, makes local mgt changes

With this deal, the combined entity now has a total of 3.31 million vehicles managed worldwide

Amara Raja Batteries posts 41% rise in Q4 net profit; revenue up 11%

During the period under review, the company's revenue from operations also saw an increase of 11 per cent to Rs 2,429 crore, from Rs 2,181 crore during Q4 FY22

Ashok Leyland Q4 consolidated net up four-fold to Rs 803 cr

Revenue from operations up 33% to Rs 13,203 cr in Q4 of FY23

Post offices barred from exchanging Rs 2,000 notes, can accept deposits

Exchange facility is available only at banks. Customers can make deposits since the Rs 2,000 note is legal tender," said a top banking industry source

FTSE ups Manyavar's weighting; Max Healthcare likely to make MSCI cut

Global index provider FTSE has increased the weightage of Vedant Fashions (Manyavar) in four of its indices

Adidas appointed kit sponsor for Indian cricket team till March 2028

Partnership gives German sportswear giant exclusive rights for manufacturing kit across all formats of the game

Textile industry veteran Karumuttu T Kannan passes away in Madurai

Kannan was a board member of TVS Motor and other companies, and an educationalist associated with several institutions

Global investment firms IFC, M&G invest in Vivriti Retail Asset Fund

The fund will focus on scaling investment in securitised debt securities with MSE-backed assets

Dhanlaxmi Bank Q4 net up 63% to Rs 38 cr on improvement in asset quality

For the whole of FY23, the bank's net profit was up 37% to Rs 49.36 crore

Gland Pharma down 33% in two days, Shreyas Shipping hits 20% upper limit

The miss comes on the back of a key customer filing for bankruptcy, high competition from Chinese players, and production shutdowns

RBI asks banks to keep daily data on exchange, deposit of Rs 2,000 notes

Banks will have to submit the data 'as and when called for', says central bank in notification

Political fortunes: Here are the average assets of re-contesting MLAs

An analysis of asset comparison of re-contesting MLAs in the Karnataka Assembly election

India Inc in a wait-and-watch mode on impact of Rs 2,000 note withdrawal

Real estate sector may face the brunt; CEOs from other sectors hopeful of business as usual

NCLT rejects IDBI Bank's insolvency plea against Zee Entertainment

Lender has the option to move appellate tribunal to appeal against the order