SBI Posts Phenomenal Rise of 74% in Q2 Profits
State Bank Of India’s net profits in the second quarter surged to ₹ 35,183 crores at a decent 12.83 percent, continuing with the growing trend of the earlier two quarters.…
RIL Stocks Surge as it Acquires Metro Cash & Carry at ₹4,000 Crores
Indian retail Giant Reliance Industries Limited is set to acquire the Dusseldorf-based German retailer Metro Cash & Carry business in India for 500 million Euros translating to ₹4,060 crores. Expanding…
After Q2 results, Amara Raja Batteries Shares Surge 11%
Amara Raja Batteries, a subsidiary of the Amara Raja Group, headquartered in Tirupati, Andhra Pradesh—revealed about its consolidated revenue amounted to ₹2,700.47 crores in September for the second quarter as…
Manali Petrochemicals Net Profit surges to ₹11.71 Crores in Q2 results
The Chennai-based petrochemical manufacturer, Manali Petrochemicals Ltd, has posted its standalone net profit at ₹11.71 crores (after tax) for the quarter two ending 30th September 2022, respectively. Manali Petrochemicals Ltd,…
Reason Behind Banks Building Digital Currencies
Retail transactions will be possible with both CBDC and mobile money, and there may be competition between the two. CBDCs could increase inclusion and trust and remove the luster from…
L&T Q2 Net Profit Rises 22.5% to $2,229 million
Larsen & Toubro (L&T) reported a consolidated net profit of Rs. 2,229 crores for the fiscal quarter that ended September 30, 2022, on Monday. This represents a nearly 22.5 percent…
The Toyota Innova Hycross Will be Unveiled on November 25 in India
Only a few days after the upcoming Toyota Innova Hycross was tested, the design rendering of the MPV appeared online. The rendering shows the Toyota Innova Hycross's design components, previewing…
BoAt Raises $500 Million to Expand its Line of Smartwatches
BoAt's parent business, Imagine Marketing Limited, is raising Rs 500 crore from its current stakeholder, a Warburg Pincus subsidiary, a top-tier global private equity firm, as well as from new…
Dabur Declares a 250% Dividend for FY23
Dabur, a large-cap FMCG, and personal care firm, declared a 250% interim dividend for FY 2023 today, along with its quarterly results for the September quarter. The dividend is Rs…
Ambuja Cements Raises Rs. 5000 Crores Through Adani’s Family Enterprise
Ambuja Cements news highlights the gained clearance from the Finance Committee of Directors on Tuesday for the preferential offer of warrants worth more than 5,000 crores to the Adani Group-backed…
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