Page 354 - Company News

ICICI Bank's Q4FY25 results: Net profit up 18% to Rs 12,630 crore

On a consolidated basis, the bank's net profit grew 15.7 per cent to Rs 13,502 in Q4FY25 from Rs 11,672 crore in Q4FY24

HDFC Bank Q4 results: Profit rises 6.6% to Rs 17,616 core

The country's biggest private sector lender had earned a net profit of Rs 16,512 crore in the same quarter a year ago.

Yes Bank's Q4FY25 results: Net profit up 63.3% Y-o-Y at Rs 738.1 crore

Net interest income grew by a mere 5.7 per cent to Rs 2,276 crore during the quarter

HDFC Bank's Q4FY25 results: Net profit up 6.7% aided by lower provisions

The bank's NII was up a little over 10 per cent Y-o-Y at Rs 32,065.8 crore in the reporting quarter

Delhivery, Ecom Express seek CCI nod for their Rs 1,400-crore deal

Mergers and acquisitions beyond a certain threshold mandatorily require the approval from CCI, which keeps a tab on anti-competitive practices and promotes fair competition in the market place

ICICI Bank Q4 results: Net profit up 15.7% at Rs 13,502 cr, NII up by 11%

The core net interest income moved up 11 per cent to Rs 21,193 crore, from the year-ago period's Rs 19,093 crore

New India Co-operative Bank case: Depositors push for revival or merger

Mumbai Police has so far arrested eight persons in connection with the Rs 122 crore New India Cooperative Bank embezzlement case

Network18 Media posts Q4 net loss of Rs 29.09 cr, revenue at Rs 561.32 cr

Its results are not comparable with the year-ago period due to the merger of its subsidiary Viacom18 with Star India

More layoffs: Infosys fires 240 trainees, offers free skill training

The first round of terminations happened in February when the company let go of 320 trainees on similar grounds

Tesla owner files class-action suit over warranty-voiding odometers

A Tesla owner is suing the company, claiming odometers were altered to end warranties faster, and is seeking a class-action lawsuit for all affected drivers

Just Dial FY25 net profit up 61% to Rs 584 crore; revenue rises 9.5%

Revenue for FY25 was Rs 1,141.9 crore, reflecting a 9.5 per cent growth over FY24

From 96% holding to a sliver: How Gensol promoters made swift exit

Sebi order alleges misleading disclosures, fraudulent trades, fund diversions helped promoters offload their stake onto unsuspecting investors

BluSmart drivers stare at dead end as payments stall, future unclear

Electric vehicle (EV) only ride-hailing platform BluSmart on Wednesday temporarily suspended bookings in major cities, including Delhi-NCR and Bengaluru, following the financial turmoil

Sebi investigation into BluSmart likely to slow Uber's EV push in India

Uber's EV ambitions in India are focused on accelerating the shift to zero-emission mobility, with a goal of electrifying every ride on its platform by 2040

Aster DM Healthcare gets CCI go-ahead for merger with Quality Care India

Combined entity to be among top 3 hospital chains in India with more than 10,000 beds across 27 cities

Crisil Ratings downgrades United India Insurance rating from AA to AA-

Reaffirms rating for New India, National Insurance

'Facebook is no longer the culture', says Zuckerberg on fading relevance

In internal emails revealed in court, Meta CEO Mark Zuckerberg admits Facebook's cultural relevance is slipping, calling its friend-based model outdated and less engaging

Zydus Medtech signs deal with Brazil's Braile Biomedica for TAVI technology

To commercialise transcatheter aortic valve system in India, Europe and other select markets

Narayana Murthy's 17-mth-old grandson earns ₹3.3 cr from Infosys dividends

Narayana Murthy's 17-month-old grandson Ekagrah Murty is set to receive ₹3.3 crore from Infosys dividends, entering India's youngest millionaire club

Infosys lays off 240 trainees who failed to clear training programme

The layoff comes a day after the IT major announced its plan to hire 20,000 fresh engineering graduates this fiscal year amid prediction of weaker than expected revenue growth