LiveM&M Financial Services Surges On Fixing Record Date For Rights Issue
Mahindra and Mahindra (M&M)’s shares surged as much as 15 per cent to hit an intraday high of Rs 159.50 on the BSE after the company...
Category : BUSINESS
Airtel Partners with NSDC to Train Rural Areas on Financial Services
Airtel partners with National Skill Corporation (NSDC) to train and skill the rural youth on financial services, aims at designing and conducting targeted skill development...
SBI Life Insurance Net Profit Rises by 5% to Rs 390 Cr in Q1 FY21
SBI Life Insurance on Tuesday, reported a 5% year-on-year (YoY) increase in the net profit of Rs 390.89 crore for the June quarter. It had reported...
SpiceJet Acquihires Lxigo B2B Arm Travenues
India’s second-largest airline by passengers, SpiceJet has acquired Travenues, a Bengaluru-based airline technology company subsidiary of online travel startup Ixigo which builds e-commerce products for airlines.As per the deal, SpiceJet...
Axis Bank Net Profit Drops by 19% in Q1 Results
Axis Bank on Tuesday reported a 31.29% YoY drop in profit before tax for the April-June quarter on the higher provisions booked in the current quarter....
HDFC: Strong Earnings See Brokerage Raise in Target Price
Within the June quarter, HDFC Bank’s 1QFY21 saw strong results in view of interferences caused by Covid-19, while management commentary on assets across verticals was...
Bajaj Finance Net Profit Drops 19% to Rs 962 Cr in Q1 Results
Bajaj Finance on Tuesday has reported a fall in the net profit of 19% to Rs 962 crore for the first quarter of the current fiscal year against...
Bharat Bond ETF Collects Rs 10,992 Crore in Tranche-II
On July 20, The second tranche of Bharat Bond ETF (exchange-traded fund) was over-subscribed 3.7 times, collected Rs 10,992 crore. The ETF was launched on...
HDFC Bank Shares Rises 4% On Jump In April-June Quarter Profit
On Saturday, HDFC Bank shares raised nearly 4% after the bank, reported a 19.58% increase in net profit at Rs 6,658.62crore in the June quarter, compared to...
Mahindra Finance Posts Rs 156 Cr Profit in Apr-Jun
Mahindra and Mahindra Financial Services has reported more than two-fold jump in standalone net profit to Rs 156 crore in the quarter ending June helped by cost...