 |
|
|
|||||
India's top private banks saw a slowdown in profit growth. Combined net profit reached 43,641 crore in the June quarter. This is a 2.7% increase, lower than the previous year. Sluggish credit and deposit growth impacted performance. Treasury gains helped support profitability. Some banks like Axis Bank and Kotak Mahindra Bank experienced subdued results.
Category:
News and Media
NTPC reported an 11% YoY rise in Q1FY26 net profit to Rs 6,108 crore, despite a 3% decline in revenue. Profit and revenue fell sequentially. The board set September 4 as the record date for a Rs 3.35/share final dividend.
Category:
News and Media
The Indian rupee fell to its lowest level this fiscal, closing at 86.8150 against the dollar. A strong greenback, importer demand, and US trade deal uncertainty pressured the currency. Limited RBI intervention and FOMC cues add to investor caution.
Category:
News and Media
Tilaknagar Industries will raise 2,296 crore through a preferential issue of equity shares and warrants to fund its 4,150 crore acquisition of Imperial Blue whiskey from Pernod Ricard. The issue, priced at 382 per security, includes participation from promoters and institutional investors.
Category:
News and Media
In northwestern Bangladesh, a mob damaged at least a dozen Hindu homes following allegations that a 17-year-old Hindu youth made derogatory remarks against the Prophet on social media. The teenager has been arrested, and authorities have ordered the repair of the damaged houses.
Category:
News and Media
Sites : [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] next »