Mumbai (Maharashtra) [India]/ San Francisco (California) [US], August 12: Gupshup, the world's leading Conversational Experience Cloud is witnessing solid demand for its Conversational AI solutions in India and international markets. To fuel this growth, the company undertook accelerated
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.
New Delhi [India], August 9: Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046) is one of the leading coated metal products manufacturers and exporters. Specializing in Pre-painted Galvanised Steel and Plain Galvanised Steel in both coil and sheet forms, has report
Mumbai (Maharashtra) [India], July 30: STL (NSE: STLTECH), a leading Optical and Digital solutions company, today announced its financial results for the quarter ended 30th June 2024. STL reported revenues of INR 1,218 Cr and strengthened its balance sheet by reducing its net debt by INR 769
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.
Mumbai (Maharashtra) [India], July 23: HDFC Life, a leading life insurer in India, continues to uphold its commitment to policyholders with a consistently high claim settlement ratio.
The services export post-pandemic times have maintained a steady momentum and accounted for 44 per cent of India's total exports in FY24 the survey notes. India ranked fifth in services exports, with other countries being the European Union (excluding intra-EU trade), the United States, the
The Economic Survey 2023-24, released by Finance Minister Nirmala Sitharaman on Monday, reveals a significant decline in expenditure on food and fertiliser subsidies, which fell by 24.6 per cent and 22.4 per cent respectively in FY24. Additionally, the expenditure on major subsidies decrease
The global energy price index experienced a sharp decline in FY24. On the other hand, the Central Government announced price cuts for LPG, petrol, and diesel. As a result, retail fuel inflation stayed low in FY24, the Survey said.
HDFC bank posted a standalone net profit of Rs 16,175 crore, climbing 35.3 per cent on a Year-On-Year (YoY) basis in the first quarter of Financial year (FY) 2025, as per the financial statement filed by the company with the stock exchanges on Saturday.
The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods and Services Tax, Net tax revenue, and non-tax revenue have shown a better than estimated revenue collections not only in FY24 but also in the first t
The growth in FY25 is expected to be driven by higher Electric Vehicle (EV) sales supported by the Electric Mobility Promotion Scheme 2024, the expectation of interest rate cuts in the second half of FY25, and strong demand for new model launches.