Search For "assets"
Resolutions under IBC up by a record 42 pc in FY 2024; real estate and man
Updated : 1 year, 7 months ago IST
The Insolvency and Bankruptcy Code (IBC) recorded the highest-ever number of resolutions in fiscal 2024. In the year 269 cases received approval from the National Company Law Tribunal (NCLT) for resolution plans.
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Nexus Select Trust Reports Strong Financial Performance with 8 per cent Yo
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], July 31: Nexus Select Trust (NSE: NXST / BSE: 543913), India's first listed Retail REIT, reported results today for the first quarter ended June 30, 2024.
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Financial bids for IDBI bank likely this fiscal; PSU banks sale on hold: D
Updated : 1 year, 8 months ago IST
Pandey said, "We have to do it through a two-stage bidding process, where in the first stage we bring Expression of Interest (EoI) and thereafter they are taken to due diligence. You have to negotiate the share purchase agreements, and then go for financial bidding. Before that, there could
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Prudent Surpasses Landmark Rs 1 Lakh Crore in Mutual Fund Assets Under Man
Updated : 1 year, 8 months ago IST
Ahmedabad (Gujarat) [India], July 30: Prudent Corporate Advisory Services Limited (Prudent), one of India's leading diversified financial services groups, announces that its Assets Under Management (AUM) have surpassed the 1 Lakh Crore mark as of July 26, 2024. Prudent becomes the 2nd non-ba
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"Scam of around Rs 8,000 crore in awarding power project works, BRS leader
Updated : 1 year, 8 months ago IST
Accusing the Bharat Rashtra Samithi (BRS) leaders of escorting crores of commission and indulging in a scam of around Rs 8,000 crore in awarding power project works, Telangana Chief Minister Revanth Reddy on Monday said that the BRS leaders are claiming they illuminated the state with abunda
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UPI transactions grew by 57 pc YoY, with PhonePe and GPay holding market s
Updated : 1 year, 8 months ago IST
For the first time, the total net profit of the banking sector crossed Rs 3 lakh crore in FY24, with all bank groups achieving a return on assets (ROA) greater than 1 per cent.
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Punjab National Bank's Q1 net profit surges by 159 per cent to Rs 3,252 cr
Updated : 1 year, 8 months ago IST
The Return on Assets (RoA) improved markedly to 0.82 per cent from 0.34 per cent, while the Return on Equity (RoE) saw a notable rise to 16.82 per cent from 7.50 per cent a year earlier.
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IVCA's Climate and Sustainability Council 2024-26 to Catalyse a Green Inve
Updated : 1 year, 8 months ago IST
New Delhi [India], July 26: India's apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), today introduced the new Climate and Sustainability Council for the term 2024-26. The council will be co-chaired by Pratibha Jain, Group General Counsel
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New transmission assets, increase in units sold, smart meter business drov
Updated : 1 year, 8 months ago IST
The revenue growth in the April-June quarter was on account of contributions from the newly operationalized transmission assets and an increase in the units sold in power the distribution business and contributions coming from the smart metering business, said CEO of Adani Energy Solutions,
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Jharkhand: Five sentenced to 5 years in cyber fraud case; assets worth Rs
Updated : 1 year, 8 months ago IST
The Special (PMLA) Court, Ranchi vide order dated July 23, 2024, sentenced five accused persons to five years of rigorous imprisonment, imposed a fine of Rs 2.5 Lakh on each accused person and in default of the fine, a further six months simple imprisonment and confiscated the seized propert
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Kotak Mahindra Bank increases customer base, customer assets by 20% YoY
Updated : 1 year, 8 months ago IST
Kotak Mahindra Bank has reported a significant growth in its financial performance for the first quarter of FY25, with the Profit After Tax (PAT) reaching Rs 6,250 crore, an 81 per cent increase from Rs 3,452 crore in Q1FY24.
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India's forex reserves hit record USD 666.85 Billion, driven by surging go
Updated : 1 year, 8 months ago IST
India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according to data from the Reserve Bank of India (RBI).
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