The unorganised sector, which encompasses the household sector and private unincorporated enterprises, has historically played a substantial role in India's economic framework.
Mumbai (Maharashtra) [India], May 31: IDFC FIRST Bank has laid a robust foundation with a strong and profitable business model. The Bank is seeing strong traction in raising deposits with customer deposits growing by 42% in FY24 over FY23. The Bank also sees significant upcoming opportunitie
Mumbai (Maharashtra) [India], May 28: The preowned cars sales market in India is set to reach 10.92 mn. units in FY28 as per the latest edition of Indian Blue Book (IBB) report by car&bike and Das WeltAuto. by Volkswagen. The Indian Used car industry was valued at USD 32.44B in FY23 and
Hyderabad (Telangana) [India], May 24: Driven by focussed selling and pan India partnerships, Shriram Life Insurance Company reported impressive earnings for the year ending March 31, 2024, with total new business premium growing by 62% at Rs. 1,871 crore compared to Rs. 1,152 crore last fis
Ahmedabad (Gujarat) [India], May 24: Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands has achieved a significant business turnaround, reporting a drastic improvement in the operational and financial performance during Q4 and FY23-24 ended 3
Mumbai (Maharashtra) [India], May 23: IIFL Home Finance Limited (IIFL HFL) has seen its Asset Under Management (AUM) swell from Rs 28,512 cr in FY23 to Rs 35,499 cr in FY24, witnessing a 25 per cent YoY growth, making the company India's largest affordable housing finance company with an ave
The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of Indian Refiners moderated to an average of USD 10 - 12/bbl. According to a report by CareEdge ratings, the GRM of oil companies will reduce further to USD 6-8 in FY25
Jaipur (Rajasthan) [India], May 22: Shriram General Insurance Company (SGIC) has announced that its Gross Written Premium (GWP) during Q4 FY24 has increased by 30% to Rs 876 crore, over the same period last year. For the fiscal year ended March 2024, the insurer witnessed a 34% growth in GWP
Gandhinagar (Gujarat) [India], May 21: Information Technology and Software Consultancy Services provider, DRC Systems India Limited (BSE: 543268) (NSE: DRCSYSTEMS) "DRC Systems" "the company" today announced its Audited financial results for the fourth quarter (Q4) and full financial year en
The online food delivery platform Zomato reported a surge of 26.8 per cent in the consolidated net profit to Rs 175 crore for the fourth quarter of FY23-24 as compared to the previous quarter.
Surat (Gujarat) [India], May 8: BigBloc Construction Limited, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks, and Panels in India has reported consolidated net profit of Rs. 8.65 crore (PAT margin 12.05%) for Q4 ended March 2024, growth of 55.65% Y-o-Y a