Union Minister Jyotiraditya Scindia on Saturday held a meeting with Finance Minister Nirmala Sitharaman in New Delhi to discuss India Post's path to profitability.
The entry of new players has sparked a surge in capital expenditure and heightened competition within the sector.
To counter competition and secure market share companies are expanding their capacities, growing dealer network, ramping up sales team and increasing ad spends. All these are pu
Illustrating current margins, the report outlines an example where the industry achieves an EBITDA of Rs800 per ton. After adjusting for 80 per cent capacity utilisation and accounting for depreciation, the post-tax ROCE stands at a mere 3 per cent. For incremental investments, the report hi
The asset quality of Banks have also improved, as per the apex bank report, with the gross non-performing assets (GNPA) ratio falling to its lowest in 13 years at 2.7 per cent at March-end 2024 and 2.5 per cent at September-end 2024.
Noting that all public sector banks are turning profitable, Finance Minister Nirmala Sitharaman said on Tuesday that banks are being professionally run under the Modi government and the total branches of all scheduled commercial banks have increased by 3,792 in a year to reach 1,65,501 in
In an era where online retailers dominate the market, brick-and-mortar electronic retailers in India continue to report healthy profitability, says a report by Nuvama.
Mumbai (Maharashtra) [India], November 26: Mumbai-based NHC Foods Limited, a leading exporter of agricultural commodities and spices, announced its Rs. 47.42 crore Rights Issue. Proceeds from the Rights Issue will be used to enhance working capital and repay secured working capital loans, th
Kandlakoya, Hyderabad (Telangana) [India], November 22: Nuziveedu Seeds Limited, a leading agricultural innovation company, proudly announces the launch of its latest paddy seed variety, NP-8912. This high-quality seed is designed to deliver exceptional yields in a shorter cultivation period
Hyderabad (Telangana) [India], November 14: Nava Limited, a leading diversified conglomerate with business interests in metals, energy, mining, commercial agriculture, and healthcare is pleased to announce its financial results for the quarter ended 30th Sep 2024.
New Delhi [India], November 9: Kisaan Parivar Industries Limited has released its financial results for the quarter and six-month period ending September 30, 2024, demonstrating remarkable growth and solid financial performance. For the current quarter, the company reported an impressive tur
Mumbai (Maharashtra) [India], November 8: HDFC securities in its continuous endeavor to enhance the trading experience for its valued investors, has introduced ProTerminal, a cutting-edge platform designed specifically for researchers, traders, and analysts seeking an in-depth analysis of th