LiveHDFC Bank Q2 Net Profit Rises 22.3% to Rs 11,125 Crore on Loan Growth
On October 15, HDFC Bank reported a consolidated net profit of Rs 11,125 crore for the quarter that ended September 30 (Q2FY23). The figure was...
Category : BUSINESS
Fitness SaaS Firm Fitbudd Raises $3.4 Million in Seed Funding
Fitness SaaS platform FitBudd announced on Saturday that it recently raised a $3.4 million seed round from Accel India, Beenext, Sequoia Capital India and Waveform...
HDFC-HDFC Bank Merger, NCLT Approves Shareholders’ Meet
The National Company Law Tribunal (NCLT) has agreed to hold a shareholders’ meeting to obtain approval for the proposed merger of HDFC and HDFC Bank....
PNB Signs MoU with Indian Army for Agniveers
On Friday, state-owned Punjab National Bank (PNB) signed a Memorandum of Understanding (MoU) with the Indian Army to supply Agniveers with specially designed products under...
Future Enterprises Defaults on NCD Interest Payments of Rs 8.98 Crore
On Friday, Indebted Future Enterprises Ltd (FEL) said it defaulted on interest on non-convertible bonds (NCDs) totalling Rs 8.98 crore. This is the second default...
Indiabulls Commercial Credit Acquires Anand Lok Property for Rs 60 Crore
Documents reviewed by CRE Matrix show Indiabulls Commercial Credit Ltd (IBCCL) bought a four-storey property in the luxury area of Anand Lok in Delhi from...
Morgan Stanley Reports 30% Fall in Q3 Profits
On Friday, Morgan Stanley reported a 30 per cent drop in third-quarter profit as a slowdown in global dealmaking hurt the investment bank’s core underwriting...
Wall Street Banks’ Profits Declined, Brace for Weaker Economy
Profits fell at Wall Street’s biggest banks in Q3 as they braced for a weaker economy. Investment banking was hit hard as dealmaking dried up....
Kroger Strikes $25 Bn Deal for Albertsons to Create Supermarket Titan
On Friday, US grocer Kroger Co (NYSE:KR) said it would buy smaller rival Albertsons Companies Inc in a USD 24.6 billion deal, creating a supermarket...
Wells Fargo Releases its Profit Fall as Q3 Results
According to the reports, On Friday, Wells Fargo & Co reported a 31 per cent decline in Q3 profit, as the bank racked up prices...