Even if the bank takes corrective action fast, it will take at least a couple of years to be back to business as usual
Axis has all the ingredients in place for an RoA uptick
The company is focusing on growth rather than margin gains
The new CEO will have to address the structural issue of subdued revenue growth and sagging profit margins
The highly anticipated collection takes inspiration from the colours, silhouettes, fabrics and embellishments used in Heeramandi: The Diamond Bazaar.
The inspection was conductedfrom March 6 to March 15, 2024. The U.S. FDA has determined that the inspection classification ofthe facility is Voluntary Action Indicated (VAI)
The AU SPONT Rupay credit card enables users to seamlessly link the card to their preferred UPI-enabled application, facilitating convenient payments using the UPI Scan and Pay feature
The two companies said Coca-Cola would test Microsoft’s Copilot offerings to see how the tools improve productivity for the beverage maker.
Morgan Stanley trimmed its price target on the stock to $210 from $220 on Monday, expecting Apple to give a disappointing forecast when it reports
PepsiCo's first-quarter net revenue rose 2.3% to $18.25 billion, beating LSEG estimates of $18.07 billion.
The Adani Group’s stocks have been on a rollercoaster ride in the past few years
Notably, companies in electronics and auto manufacturing have become entirely gender-agnostic in their recruitment processes for assembly line workers, actively seeking to engage rural women in the workforce
The near-term focus is on growth while margin is likely to improve on better demand, going forward
Volumes contributed just 0.7 percentage points of the 7.6 percent growth of Indian pharmaceutical market in FY24
Eight of these offshore funds have approached the regulator via written request to settle the charges by paying a penalty without admission of guilt, the sources added.
The total outstanding borrowings of BGR Energy Systems from financial institutions added up to ₹3,758 crore, of which fund-based borrowings and non-fund-based borrowings were ₹1,400 crore and ₹2,358 crore, respectively.
HDFC, India’s biggest lender, owns a 95% stake in HDBF and has been seeking ways to sell part of it, including a possible initial public offering
Reliance Q4 results highlights: RIL's revenue from the oil-to-chemicals unit rose 10.9%, primarily driven by improved price realisation for transportation fuels and higher volumes. The company also announced Rs 10 dividend
Should the new CEO deliver, a gradual uptick in earnings can rerate the stock
Annual profit margins remain below pre-pandemic years despite the recent improvement
It had reported a net loss of Rs 421.11 crore in the January-March period of preceding 2022-23 financial year, the company said in an exchange filing on Saturday
The arbitrator has rejected STL’s claims vide award dated April 18, 2024,” STL said in the filing. The Arbitration was before Justice Badar Durrez Ahmed , former Chief Justice Jammu and Kashmir High Court
In a message to the staff on Friday, Air India CEO and MD Campbell Wilson said that in the next two weeks, there will be the CAE Crew Management System
Wamsutta is a home fashion brand offering bed, bath and other home fashion products. The company acquired a 100 per cent stake in the 178-year old brand from NYSE-listed Beyond in a cash deal of USD 10.25 million (around Rs 86 crore), the filing said
The court has granted bail to Rana Kapoor in the CBI’s case against him and Avantha Group promoter Gautam Thapar for allegedly indulging in criminal conspiracy, criminal breach of trust, cheating and forgery for diversion of public money to the tune of Rs 466.51 crore.
