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India Cements posts Rs 113-crore net loss in Q2
Updated : 3 years, 6 months ago IST
The company said its performance was impacted due to spiralling increase in the price of input materials, resulting in higher cost which could not be compensated in the market due to huge supply overhang.
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Indian Overseas Bank profit jumps 33 pc in second quarter
Updated : 3 years, 6 months ago IST
The Chennai-headquartered lender said its total income grew by 15 per cent on a year-on-year basis, to Rs 5,852.45 crore, against Rs 5,090.72 crore in the year-ago period. Of which, interest income grew by 11 per cent during this reviewed period to Rs 4,717.61 crore.
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SBI shares surge nearly 4% to record high of Rs 622 apiece
Updated : 3 years, 6 months ago IST
The lender posted a surge of 74 per cent in its net profit to Rs 13,264 crore for the quarter ended September, against Rs 7,627 crore in the year-ago period, on the back of robust loan sales, higher interest income and lower provisions. In five days, the stocks of the lender have managed to
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Industrial, logistics realty records 40 pc rise in leasing July-September
Updated : 3 years, 6 months ago IST
Among the cities, Delhi NCR and Mumbai led absorption, together accounting for 57 per cent share.
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Manufacturing sector growth to sustain in months to come: FICCI survey
Updated : 3 years, 6 months ago IST
The FICCI Survey reveals that after experiencing a revival of the Indian economy in the FY 2021-22, momentum of growth continued in subsequent quarters of Q1 (April-June 2022-23) and Q2 July-Sept (2022-23) with over 61 per cent of respondents reported higher production levels in Q2 (July-Sep
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Singapore Airlines H1 results soar as world reopens
Updated : 3 years, 6 months ago IST
Last week, Singapore Airlines, the city-state's national carrier, reported a record first-half operating profit of SGD 1.23 billion (USD876 million) for the period which ended in September. It was also the best-ever quarterly profit of SGD 678 million, eclipsing the previous best of SGD 674.
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Himachal Pradesh National Law University students call for action in sexua
Updated : 3 years, 6 months ago IST
As many as 70 female students of multiple batches in HPNLU filed a complaint on September 28, 2022, against the professor, stated the letter accessed by ANI.
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Kherson region facing blackout after attack on power lines: Russia
Updated : 3 years, 6 months ago IST
In September, Russia held a referendum in Kherson which was severely criticized by Ukraine and a host of other countries. Along with the neighboring regions of Donetsk, Luhansk, and Zaporizhzhia, it was incorporated into Russia by law on October 5.
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Queen Elizabeth found a secret friend in Tom Cruise before her death
Updated : 3 years, 6 months ago IST
This newly-formed friendship could have continued with a lunch date, but it could not as Elizabeth died on September 8 at the age of 96, before they could reunite.
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Rajasthan's first handicraft policy aims at lifting local artisans from ob
Updated : 3 years, 6 months ago IST
The focus of the handicraft policy, launched by the Ashok Gehlot government in September this year, is to support the craftsmen and weavers, acknowledge their significant involvement in the social and economic development as well as ensure their access to technological advancements.
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Cipla posts 11 pc increase in profit
Updated : 3 years, 6 months ago IST
The firm said total revenue from operations went up 5.6 per cent to Rs 5,829 crore in the reviewed quarter, against Rs 5,520 crore in the corresponding period the previous year. Its earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose 6.2 per cent to Rs 1,302 crore,
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SBI posts 74 pc jump in profit, its highest quarterly profit
Updated : 3 years, 6 months ago IST
In the lender's statement, SBI said its net interest income grew 12.8 per cent to Rs 35,183 crore. Home loan portfolio grew 14 per cent to Rs 5.94 lakh crore and accounted for more than half its retail portfolio of Rs 10.7 lakh crore. It also said corporate loans surged 21 per cent year on y
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