It has achieved significant growth in its loan disbursements for the half-year ended September 30. In Q2 FY24-25, REC disbursed Rs47,303 crore in loans, representing a 13.71 per cent YoY increase compared to Rs41,598 crore in Q2 FY23-24.
New Delhi [India], September 26: Rawmart, a leading B2B procurement platform based in Pune, has achieved impressive growth, doubling its sales compared to both quarters in FY23. The company's manufacturing division, has already surpassed last year's traction by 2x in just 6 months. This succ
Mumbai (Maharashtra) [India], September 11: Verticalized SaaS payments platform Easebuzz has released its financial numbers for FY24. The annual Gross Transaction Value (GTV) processed by the platform during the year crossed a record Rs 1,00,000 Crore, a 48 per cent growth rate compared to F
India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5 per cent in FY24, compared to a 5.7 per cent rise in FY23, according to a report by Bank of Baroda.
On the savings front, household total savings stood at 23.3 per cent of PDI (18.4 per cent of GDP) in FY23, nearing a two-decade low. Net Financial Savings (NFS) were particularly concerning, reaching a four-decade low of 6.6 per cent of PDI. Physical savings, on the other hand, hit a decade
India's Initial Public Offering (IPO) market witnessed a resurgence in 2024, with a total of 272 companies going public compared to 164 during the previous fiscal year, highlights a report by SEBI.
Bangalore (Karnataka) [India], July 30: According to the analyst at Brickwork Ratings, India's residential property market reached an all-time high in FY23, with home sales reaching Rs. 3.47 lakh crore ($42 billion), a 48% year-on-year increase and a 36% volume increase. The Indian real esta
Ahmedabad (Gujarat) [India], July 5: Gujarat-based VMS Industries Ltd (BSE - 533427) has reported excellent operational and financial performance of the 12 months ended March 2024. The company has achieved the highest ever Annual Revenue of Rs 266.37 crore for FY24 with 89.7 per cent Y-o-Y g
This hefty borrowing, amounting to PKR 7.39 trillion from July 2023 to June 7, 2024, surpasses the government's collective borrowings of PKR 7.16 trillion in the previous two fiscal years (FY23 and FY22).
Delhi NCR [India], June 21: Kaushalya Logistics Limited (KLL, NSE Emerge Code: KLL), a prominent player in the logistics industry that was listed on NSE Emerge in January this year, announces its Audited H2 and FY24 Financial Results, highlighting a significant 80 per cent increase in EBITDA
"The FDI to India has decreased from 71 billion dollars in FY23 to 70 billion dollars in FY24. The FDI which stood at Rs 4.42 lakh crore in FY 21-22 reduced to Rs 3.67 lakh crore in FY 22-23, Rs 3.427 lakh crore in FY 23-24," Patil stated.
New Delhi [India], June 1: Max Life Insurance Company Ltd. ("Max Life" / "Company") has announced its highest-ever participating (PAR) bonus of Rs. 1,826 Crore* for its eligible policyholders in FY23-24. This is the Company's 22nd consecutive annual bonus, ~14% higher* than the bonus declare