‘We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.’ Punjab & Sind Bank expects total recovery of more than Rs 1,000 crore in FY25. Managing director
Benchmark indices Sensex and Nifty ended lower in a volatile session on Wednesday as investors turned cautious ahead of the RBI’s monetary policy decision later this week and trade war concerns. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex declined 312.53
1 / 14 Tata Power | The company’s revenue for the quarter increased by 5% from last year to ₹15,391 crore. An average poll of analysts tracking the stock had pegged the figure at ₹17,254 crore. Net profit for the
Nestle India Ltd could be a beneficiary of the much-awaited boost to urban consumption from the budget as and when it starts to trickle in. The company derives around 75% of its sales from the urban market. In a recent
Budget 2025 represents a crucial step towards empowering our youth, nurturing a sustainable startup ecosystem, and establishing India as a global leader in agriculture, medical tourism, and research, notes Krishna Ella. IMAGE: A worker tends to his mustard crop at
Leading stock exchange NSE on Tuesday reported a 94 per cent year-on-year surge in consolidated profit after tax to Rs 3,834 crore for three months ended December 2024. Photograph: Francis Mascarenhas/Reuters It posted a Profit After Tax (PAT) of Rs
Propelled by strong demand and lower costs, the country’s largest airline, InterGlobe Aviation (IndiGo), reported solid operational performance in the 2024-25 (FY25) October-December quarter (Q3). Photograph: Francis Mascarenhas/Reuters While demand was driven by the festival season, year-end increase, and higher
The Budget 2025-26 meets the expectations of fiscal consolidation, maintaining capital expenditure, and boosting consumption through tax cuts. Photograph: Rahul Singh/ANI Photo There are many sector-specific measures, tariff adjustments, and simplification of import processes. The government has rationalised the tariff
1 / 11 Power Grid Corporation | State-owned company reported a 4.1% year-on-year (YoY) decline in net profit at ₹3,861.6 crore for the third quarter that ended on December 31, 2024. In the corresponding quarter of the previous fiscal, Power
Tata Power, one of India’s largest integrated power companies, released its December quarter performance today, February 4, reporting a 10.35% jump in consolidated net profit at ₹1,187.54 crore, compared to a net profit of ₹1,076.12 crore posted in the same
