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Wipro wins 4-year partnership extension with Italy's Marelli

Wipro wins 4-year partnership extension with Italy's Marelli

Tue, Nov 26, 2024

As part of the partnership, Wipro FullStride Cloud will transition Marelli's Milan Data Centre and local server rooms to the cloud, thus centralising its operations to create a more agile and stable environment, according to a regulatory filing.

Axis AMC, Axis MF Trustee settle case with Sebi

Axis AMC, Axis MF Trustee settle case with Sebi

Tue, Nov 26, 2024

Axis AMC is the investment manager of Axis Mutual Fund.

Paytm rolls out UPI Lite auto top-up for recurring daily payments under Rs 500 without PIN

Paytm rolls out UPI Lite auto top-up for recurring daily payments under Rs 500 without PIN

Tue, Nov 26, 2024

According to Paytm, this feature allows users to automatically recharge their UPI Lite balance when it falls below a set limit, ensuring seamless small-value transactions without the need for a PIN.

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HDFC Life Insurance faces data breach, assessing potential impact

HDFC Life Insurance faces data breach, assessing potential impact

Mon, Nov 25, 2024

HDFC Life Insurance has initiated an information security assessment and data log analysis.

Gautam Adani, nephew Sagar Adani summoned by US regulator

Gautam Adani, nephew Sagar Adani summoned by US regulator

Sun, Nov 24, 2024

Summons have been sent to Adani's Shantivan Farm residence in Ahmedabad and his nephew Sagar's Bodakdev residence in the same city for a reply to SEC within 21 days.

Vedanta demerger moves ahead as NCLT clears way for meetings of shareholders, creditors

Vedanta demerger moves ahead as NCLT clears way for meetings of shareholders, creditors

Fri, Nov 22, 2024

The proposed demerger will create independent companies housing aluminium, oil and gas, power, steel and ferrous materials, and base metals businesses. The existing zinc and new incubated businesses will remain under Vedanta Ltd.

Hyundai Motor India bets on CNG vehicles, sees accelerated demand

Hyundai Motor India bets on CNG vehicles, sees accelerated demand

Sun, Nov 17, 2024

Hyundai Motor India, which currently offers CNG option in its three models -- Grand i10 NIOS, AURA and EXTER -- has seen an increase in contribution of the CNG models to its domestic sales to 11.4 per cent in FY24 from 9.1 per cent in FY22.

Hero MotoCorp Q2 Results: Profit grows 14% to Rs 1,204 crore, beats analyst estimates

Hero MotoCorp Q2 Results: Profit grows 14% to Rs 1,204 crore, beats analyst estimates

Thu, Nov 14, 2024

Hero MotoCorp Q2 FY25 Earnings: Hero MotoCorp on Thursday reported a net profit of Rs 1,204 crore for the July-September period, beating Street expectations. Read on to learn more about the latest earnings report of Hero MotoCorp, whose popular motorcycles include Splendor Plus, HF Deluxe, Passion Plus and Pleasure Plus.

Vodafone Idea Q2 Results: Net loss widens to Rs 7,176 crore, worse than estimates

Vodafone Idea Q2 Results: Net loss widens to Rs 7,176 crore, worse than estimates

Wed, Nov 13, 2024

Vodafone Idea Q2 FY25 Results: Private sector telecom operator Vodafone Idea reported a consolidated net loss of Rs 7,176 crore for the July-September period on Wednesday. Read on to learn more about the telecom firm's earnings report.

Royal Enfield parent Eicher Motors logs 8% growth in Q2 profit, in line with analysts' expectations

Royal Enfield parent Eicher Motors logs 8% growth in Q2 profit, in line with analysts' expectations

Wed, Nov 13, 2024

Eicher Motors has registered an 8.3 per cenr year-on-year increase in its consolidated net profit to Rs 1,100 crore for the quarter ended September 30, in line with analysts' estimates. According to Zee Business research, the Royal Enfield parent was estimated to clinch a net profit of Rs 1,070 crore for the July-September period.

Essar group firm Black Box posts 60% rise in Q2 profit to Rs 51 crore

Essar group firm Black Box posts 60% rise in Q2 profit to Rs 51 crore

Mon, Nov 11, 2024

Its revenue for the quarter under review declined 4.89 per cent to Rs 1,497.2 crore from Rs 1,574.3 crore in Q2 FY24.

Indian Oil Corporation Q2 Results: Net profit falls 98% on lower refining

Indian Oil Corporation Q2 Results: Net profit falls 98% on lower refining

Mon, Oct 28, 2024

The company posted a standalone net profit of Rs 180.01 crore in the July-September period -- the second quarter of the current 2024-25 fiscal year -- compared with a profit of Rs 12,967.32 crore a year back, according to a stock exchange filing by the company.

Tata Technologies Q2 FY25 Results: Tata group firm's Q2 profit falls nearly 2% to Rs 157 crore

Tata Technologies Q2 FY25 Results: Tata group firm's Q2 profit falls nearly 2% to Rs 157 crore

Mon, Oct 28, 2024

Tata Technologies said its consolidated revenue from operations in the quarter under review stood at Rs 1,296.45 crore as against Rs 1,269.17 crore in the year-ago period.

SEBI sends notices to Axis Bank, Axis Securities, Axis Capital over Max Life deal; more pain ahead for investors?

SEBI sends notices to Axis Bank, Axis Securities, Axis Capital over Max Life deal; more pain ahead for investors?

Mon, Oct 28, 2024

Axis Bank stated that the show-cause notice is being reviewed and that they will file responses with SEBI, citing requisite regulatory approvals for the transactions. In August, the Delhi High Court directed SEBI, RBI, and IRDAI to investigate the matter. Axis Bank acquired additional Max Life Insurance equity shares worth Rs 336 crore, increasing their stake to almost 20% from 19.02% after receiving insurance regulatory approval.

IndiGo Q2 FY25 Results: India's largest airline posts Rs 987 crore loss

IndiGo Q2 FY25 Results: India's largest airline posts Rs 987 crore loss

Sun, Oct 27, 2024

InterGlobe Aviation—the country's largest airline by passengers carried—has reported a consolidated net loss of Rs 987 crore for the July-September period, impacted by higher fuel costs and a number of groundings.

Bandhan Bank Q2 FY25 Results: Profit jumps 30% to Rs 937 crore, beats expectations

Bandhan Bank Q2 FY25 Results: Profit jumps 30% to Rs 937 crore, beats expectations

Fri, Oct 25, 2024

Bandhan Bank Q2 FY25 Results: Bandhan Bank reported its quarterly financial results on Friday.

SBI General Insurance April-September profit soars nearly 7 times to Rs 414 crore

SBI General Insurance April-September profit soars nearly 7 times to Rs 414 crore

Wed, Oct 23, 2024

SBI General registered 16.1 per cent year-on-year growth in its gross written premium (GWP) for the April-September period as against an industry average of 7.0 per cent. For the year ended March 31, SBI General Insurance clinched 17 per cent growth in its GWP to Rs 12,731 crore.

TVS Q2 Results: Apache motorcycle maker's profit grows 23.5% to Rs 663 crore, misses Street estimates

TVS Q2 Results: Apache motorcycle maker's profit grows 23.5% to Rs 663 crore, misses Street estimates

Wed, Oct 23, 2024

TVS Motor Company Q2 FY25 Results: Two- and three-wheeler maker TVS Motor Company reported its quarterly financial results on Wednesday, October 23.

Honda rolls out CB300F flex-fuel motorcycle: Starting price, bookings, other key details to know

Honda rolls out CB300F flex-fuel motorcycle: Starting price, bookings, other key details to know

Sun, Oct 20, 2024

Two-wheeler manufacturer Honda Motorcycle and Scooter India on Sunday launched the Honda CB300F, a flex-fuel motorcycle.

US homecare brand Bissell returns to India after gap of 6 years

Sun, Oct 20, 2024

Bissell has entered into a partnership with Cavitak Global Commerce, for distribution in India and will focus on introducing its portable wet and dry vacuum cleaning systems such as 'SpotClean Hydrosteam' and 'SpotClean Proheat', which are already available on the e-commerce platform Amazon.

HCLTech Q2 FY25 Results: Noida-based IT consulting firm beats analysts' expectations with Rs 4,235 crore profit, tweaks revenue guidance

HCLTech Q2 FY25 Results: Noida-based IT consulting firm beats analysts' expectations with Rs 4,235 crore profit, tweaks revenue guidance

Mon, Oct 14, 2024

HCLTech Q2 FY25 Results: Noida-headquartered HCLTech reported its financial results for the July-September period on Monday, October 14. The IT consulting firm registered a 2.9 per cent quarter-on-quarter increase in revenue to Rs 28,862 crore for the second quarter of the current financial year. Read on to learn more about the IT major's Q2 FY25 results.

Macrotech Developers net debt rises 14% in July-September to Rs 4,920 crore

Macrotech Developers net debt rises 14% in July-September to Rs 4,920 crore

Sun, Oct 13, 2024

Mumbai-based Macrotech Developers, which sells its projects under the Lodha brand, is one of the leading developers in the country.

SBI plans to enhance threshold limit under instant loan scheme for MSMEs

SBI plans to enhance threshold limit under instant loan scheme for MSMEs

Sun, Oct 13, 2024

As far as network expansion is concerned, Setty said SBI is planning to open 600 branches across the country in the current financial year.

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