Tokyo [Japan], November 14: Operating profit surged by 2.5 times year-on-year, with EBITDA reaching record highs, highlighting consistent revenue growth and profit
Bengaluru (Karnataka) [India], November 13: Greaves Cotton Limited, one of India's leading diversified engineering companies, reported healthy financial results for the period ending September 30, 2024, reflecting a resilient business model, effective strategic initiatives, and ongoing commi
"RBI's change of stance on liquidity, from withdrawal to a neutral position, should abate concerns. Also the growth rates between credit and deposit growth have now converged compared with a peak gap of 400bp over the past year. This, along with better deposit growth and easier liquidity, sh
In a significant decision coinciding with the festival of Dhanteras, the Oil Marketing Companies (OMCs) on Tuesday announced an increase the Dealer Commission payable to petrol pump dealers.
New Delhi [India], October 17: Stories from the North-East have occupied the margins of Indian fiction for far too long. In such a scenario, Ratnojyoti's latest novel Unbound Love comes as a refreshing surprise. Published by Nu Voice Press, this novel is set in Tawang, a major town in Arunac
A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are expected to remain high due to the prevailing high credit-to-deposit ratio.
The IRDAI is set to implement new rules from October 2024, mandating higher surrender pay-outs for policyholders who exit their policies early. This change is expected to negatively impact insurers' margins in the second half of FY25, as per the report.
If the Reserve Bank of India goes for a potential 50 basis point (bp) cut in the repo rate, it is expected to negatively impact the net interest margins (NIMs) of large private banks by 15-20 basis points, highlighted a report by Nomura.
The journey of shifting to electric mobility is not going to be easy for automakers as it is tough to generate profitable margins and get scale in the electric vehicles (EVs) segment, says a research report by Bernstein.
San Jose (California) [US], September 12: Automation Anywhere, a leader in AI-powered automation, announced impressive second quarter results, representing its fourth consecutive quarter of non-GAAP operating income and improving margins. The company also experienced an unprecedented surge i
Anjana Abraham, a resident of Tripunithura, has alleged that producers, Sophia Paul and James Paul failed to distribute the promised profit margins to stakeholders.
The banks in the country are facing challenges due to a slowdown in deposit growth, according to a recent report by SBI Securities, the slowdown in the deposit growth has forced the banks to rely more heavily on external market borrowings to meet their capital needs.