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MAS Financial Services Posts 25.31% PAT Growth in Q2 FY25 Earnings

MAS Financial Services Posts 25.31% PAT Growth in Q2 FY25 Earnings

24 October 2024

MAS Financial Services Ltd announced its unaudited financial results for the quarter ended September 30, 2024, marking 118 consecutive quarters of consistent financial performance.  The company highlighted that this performance is a testament to its strong fundamentals, which have been upheld for over two and a half decades. During the quarter, MAS Financial witnessed a …

Stocks To Watch Today on October 24, 2024: Shares in Focus HUL, POWERGRID, Piramal Enterprises

Stocks To Watch Today on October 24, 2024: Shares in Focus HUL, POWERGRID, Piramal Enterprises

24 October 2024

On Thursday, October 24, 2024, the domestic equity indices, Sensex and Nifty 50, are expected to open on a cautious note following weakness in the global market. Check out a few stocks, which can be in focus during the trading session today. Hindustan Unilever  On Wednesday, Hindustan Unilever Limited (HUL) announced its quarter ended September …

Karnataka Bank Reports ₹736.40 Crore Half-Yearly Profit, Highlights Earnings for Q2 FY25

Karnataka Bank Reports ₹736.40 Crore Half-Yearly Profit, Highlights Earnings for Q2 FY25

23 October 2024

On October 23, 2024, Karnataka Bank announced a strong half-yearly net profit of ₹736.40 crore for the period ending September 2024, marking a 5.06% increase compared to ₹700.96 crore in the same period last year. The financial results for the quarter and half-year ending September 30, 2024, were approved during a meeting of the Board …

SBI Life Q2 FY25 Earnings: 38% PAT Growth, ₹157.2B NBP, AUM Up 27%

SBI Life Q2 FY25 Earnings: 38% PAT Growth, ₹157.2B NBP, AUM Up 27%

23 October 2024

On October 23, 2024, for the half year ending September 30, 2024, SBI Life Insurance maintained its leadership in the private market with a New Business Premium (NBP) of ₹157.2 billion, holding a 21.3% market share. It also led the individual NBP segment, recording ₹114.9 billion, marking a 13% growth and a 25.7% market share. …

Club Mahindra Unveils New Resort in Pavagadh, Gujarat

Club Mahindra Unveils New Resort in Pavagadh, Gujarat

23 October 2024

On October 23, 2024, Club Mahindra, the main brand of Mahindra Holidays & Resorts India Limited, opened a new property called Club Mahindra Pavagadh in Gujarat. This resort offers a beautiful getaway surrounded by rolling mountains and vast agricultural fields. Club Mahindra Pavagadh is conveniently located near major cities like Vadodara, Ahmedabad, Rajkot, Surat, Udaipur, …

Reliance Infra To Invest Rs.10,000 Crore in Defence Project in Maharashtra

Reliance Infra To Invest Rs.10,000 Crore in Defence Project in Maharashtra

23 October 2024

Anil Ambani-led Reliance Infrastructure will make a big move in the defence sector by announcing a Rs.10,000 crore investment over the next decade. The company plans to establish India’s largest integrated project for manufacturing explosives, ammunition, and small arms in Ratnagiri, Maharashtra. This development, known as the Dhirubhai Ambani Defence City (DADC), will be spread …

Reliance Industries Gets CCI Approval for the Merger of Disney After Modifications in the Deal

Reliance Industries Gets CCI Approval for the Merger of Disney After Modifications in the Deal

23 October 2024

The Competition Commission of India (CCI) has granted conditional approval to the much-anticipated merger between Reliance Industries and Disney, reshaping India’s media outlook. The deal, valued at over Rs.70,000 crore, was cleared after both companies agreed to several regulatory conditions to ease concerns over competition and market dominance.  Key Conditions for the Merger One of …

Firstsource Solutions to build a domain centric Large Language Model

Firstsource Solutions to build a domain centric Large Language Model

23 October 2024

Firstsource is a member of the RP-Sanjiv Goenka Group and a specialized worldwide business process management partner. In a variety of industries, including healthcare, banking and financial services, communications, media, and technology, we offer revolutionary solutions and services that cover the whole customer lifecycle. We serve as a reliable growth partner for top global brands, …

RailTel Corporation of India has received a work order worth Rs 36.8 crore from South Eastern Railway

RailTel Corporation of India has received a work order worth Rs 36.8 crore from South Eastern Railway

23 October 2024

One of the biggest neutral telecom infrastructure providers in the nation, RailTel is a “Navratna” Central Public Sector Enterprise that offers ICT services and has a Pan-India optic fibre network. The OFC network reaches numerous rural areas as well as the nation’s major towns and cities. Founded on September 26, 2000, RailTel’s objectives were to …

1.8 Crore BHEL Shares Change Hands in Rs 402 Crore Block Deal; Share Price Dips Over 2%

1.8 Crore BHEL Shares Change Hands in Rs 402 Crore Block Deal; Share Price Dips Over 2%

23 October 2024

Large Block Deal Sparks Short-Lived Recovery in BHEL Shares On Wednesday, October 23, 2024, state-run Bharat Heavy Electricals Ltd. (BHEL) experienced a significant transaction in its stock as a large block deal took place. As many as 1.8 crore shares of BHEL, which represent 0.5% of its outstanding equity, changed hands. The shares traded at …

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