IIFL Holdings on Wednesday achieved a 23 per cent year-on-year growth in consolidated profit after tax (PAT pre-minority) at Rs 1,252.90 crore for the financial year 2018-19, backed by a strong growth... Read more »
Yes Bank disclosed in a regulatory filing on Tuesday that the banking regulator has appointed former RBI Deputy Governor R. Gandhi as an additional director on its board. The appointment is for... Read more »
Infrastructure major Larsen and Toubro (L&T) has acquired 1,168 shares of Mindtree from the open market, taking its expanding its holding in the mid-sized IT company to 25.94 per cent, according to... Read more »
India’s top digital payments firm Paytm on Tuesday has started a credit card with Citigroup, widening its financial product base while giving its banking partner an opportunity to vastly expand its credit card customer... Read more »
Polycab achieves revenue of Rs 79,560 mn in FY19, up by 18% yoy; sales and product mix raises EBITDA
Newly listed company Polycab India Limited reported a decent FY19 revenue (net of excise) of Rs 79,560 mn up by 18% yoy. This growth can be attributed to the success in its... Read more »
Passenger vehicle (PV) sales in India dropped by 17.07 percent in April, the sharpest decline since October 2011, as weak customer sentiment led by liquidity crunch, uncertainty revolving elections and high product... Read more »
BSE, Asia’s oldest exchange and currently the world’s fastest exchange with the speed of 6 microseconds has become India’s first ever stock exchange to get certified with International Standard for Business Continuity... Read more »
Housing Development Finance Corporation (HDFC) reported a standalone net profit of Rs 9,632.46 crore during the financial year 2018-19. The housing finance company had posted a net profit after tax of Rs... Read more »
Avenue Supermarts, which heads the DMart chain of stores in the country, achieved a 21.4 per cent year-on-year net profit growth and a 32.1 per cent year-on-year revenue growth for the quarter ended March... Read more »
There is a turmoil in the non-banking financial companies (NBFCs) sector as inefficiencies by some large entities and credit squeeze present a perfect recipe for disaster, a senior government official has said.... Read more »