The post read, "Union Minister for Finance & Corporate Affairs Smt. @nsitharaman chairs the fourth Pre-Budget Consultation with representatives from Farmer Associations and Agriculture Economists ahead of the forthcoming General Budget 2024-25 in New Delhi, today. The #PreBudget consu
Das said, "India's domestic financial system is now in a much stronger position than it was before we entered the period of the COVID crisis. Indian financial system is now in a much stronger position, characterized by robust capital adequacy, low levels of non-performing assets, and healthy
This surge will be fuelled by investments amounting to around Rs 19,000 crore, including significant contributions from a new major player entering the market.
San Jose (California) [USA], June 6: Automation Anywhere, a leader in AI-powered automation solutions, announced strong first quarter performance. Generative AI-powered automation deals along with hyperscaler partnerships continue to fuel the company's momentum. For the third quarter in a ro
New Delhi [India], June 5: your-space, India's premiere student-housing brand, has appointed Kapil Poddar as Chief Financial Officer (CFO) and Sudhanshu Varma as Chief Business Officer (CBO). These strategic appointments mark a significant milestone in the company's journey towards expansion
Pune (Maharashtra) [India], June 3: Poonawalla Fincorp Limited, a non-deposit taking systemically important NBFC focusing on consumer and MSME finance, has achieved a significant milestone of Gross NPA below 1 per cent and Net NPA below 0.5 per cent as on 31st May 2024. It continued to regis
According to ICRA, this upgrade is attributed to ATGL's improved financial risk profile, driven by sustained growth in sales volume, which has resulted in an increased scale of operations and better profitability.
Despite facing a one-time provision of Rs 30.71 crore, which impacted its fourth-quarter results leading to a loss of Rs 23.47 crore, DCI managed to achieve 147 per cent growth in profitability.
Mumbai (Maharashtra) [India], May 27: In an age defined by relentless market dynamics, the ability to anticipate, adapt, and capitalise on emerging opportunities is essential for organisational success. Additionally, achieving sustained differentiation and profitability for businesses hinges
Mumbai (Maharashtra) [India], May 23: In an era defined by intricate global supply chains and dynamic market landscapes, organisations face unprecedented challenges in optimising their operations. Recent disruptions have exposed vulnerabilities, highlighting the need for professionals equipp
Bengaluru (Karnataka) [India], May 16: Kinara Capital, India's fast-growing fintech driving MSME financial inclusion, today reported its FY24 financial year results marking it as the organization's 9th consecutive year of profitability.
The Indian economy is expected to grow at 6.6 per cent in the current financial year 2024-25, fuelled by strong credit demand that will support the NBFC sector's profitability, Moody's Ratings said.