business news

NEW DELHI: Foreign Institutional Investors (FIIs) have continued their aggressive selling spree in Indian markets, withdrawing more than ₹1 lakh crore since the beginning of October 2024. Today’s figures reflect a net outflow of ₹3,037 crore from FIIs, contributing to a total monthly withdrawal of over ₹90,000 crore as of Oct 25. This marks a significant […]

By Prakhar Agarwal, Kartik Solanki, Palak Shah of Elara Global Research NEW DELHI: HDFC Bank’s latest quarterly results reveal a bank amid a delicate balancing act, managing multiple financial levers while navigating the complexities of its ongoing merger. While the earnings exceeded estimates, mainly due to lower credit costs, the key takeaway is that the […]

Since its inception in 2022, the company has mapped vast acres of land and conducted extensive hours of data collection, delivering critical insights for urban land, forests, quarries, mines, and key infrastructure assets such as transmission towers and highways. 

Snowman Logistics has announced its financial results for the quarter ended June 30, 2024. The company has recorded a revenue of ₹140.23 crores, reflecting a 9% increase from ₹128.77 crores in the same period last year.

Veranda Learning Solutions has reported 70% increase in its year-on-year (YoY) income, demonstrating its continued momentum and robust performance. The company, which offers courses preparing students for various competitive exams in India, has announced its financial results for the first quarter of FY25.

Retail inflation, after averaging 6.7% in FY23, declined to 5.4% in FY24, thanks to effective administrative and monetary policy responses. Food inflation rose from 6.6% in FY23 to 7.5% in FY24

Reliance Industries, India's largest conglomerate by market value, announced its financial results for the first quarter of the fiscal year 2024-25. The earnings revealed a mixed performance across its various segments.

NEW DELHI: The Reserve Bank of India (RBI) has implemented restrictions on Paytm Payments Bank, prohibiting the entity from providing additional banking services starting March 2024. This action stems from concerns related to the breach of regulatory norms and compliance issues. “The Comprehensive System Audit report and subsequent compliance validation report of the external auditors […]

The Oil and Natural Gas Corporation Limited (ONGC), a state-run petroleum giant, announced a remarkable 142.4 per cent increase in consolidated net profit, reaching Rs 16,553 crore in the second quarter of the financial year 2023-24. This significant surge compares to a profit of Rs 6,830 crore in the corresponding period last year. However, the […]

India's largest multiplex chain, PVR INOX, launches new F&B offers to enhance cinematic experience