The Industrial Credit and Investment Corporation of India (ICICI) Bank is India’s second-largest private sector bank and an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara. It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized …
Ashok Leyland is set to unlock the full potential of its vehicle finance arm, Hinduja Leyland Finance (HLF), through a reverse merger with NXTDigital, a listed media company within the Hinduja Group. The company aims to complete this process by the end of the current financial year. Dheeraj Hinduja, chairman of Ashok Leyland, emphasised the …
On July 26, 2024, Piramal Pharma Limited announced its unaudited financial results (both standalone and consolidated) for the quarter ending June 30, 2024. Key Highlights for Q1 FY25 In the first quarter of FY25, Piramal Pharma saw a 12% year-over-year increase in revenue from operations, primarily due to strong growth in the CDMO sector and …
On July 25, 2024, Glenmark Life Sciences Limited, a top producer of specialised, high-value APIs for chronic diseases, released its financial results for the quarter ending June 30, 2024. Financial Highlights For Q1 FY25, Glenmark Life Sciences reported revenue of ₹5,886 million, up 9.7% from the previous quarter and 1.8% from the same quarter last …
On July 26, 2024, Benchmark indices Nifty and Sensex hit new all-time highs after 5 consecutive days of decline at the last minute of the trading session. During the day, Sensex was just 160 points away from a new all-time high. At close, Nifty was up 1.76% to 24,834, and Sensex was up 1.62% to …
On July 26, 2024, Tata Power Company Ltd announced via a stock exchange filing that its subsidiary Tata Power Solar Systems Limited (TPSSL) has teamed up with the Bank of India (BOI) to offer financing for rooftop solar installations and electric vehicle (EV) charging stations. This collaboration makes TPSSL the first solar company to partner …
The benchmark index S&P BSE 500 opened today at 36,307.23 and made its day high at 36,579.19, and it is trading in green today, up by more than 1%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Infibeam Avenues Ltd …
The Nifty Midcap 100 index has had an impressive run, delivering about a 55% return in the past year. However, not all midcap stocks have shared in this success. Some have significantly underperformed the benchmark, earning them the dubious title of “wealth destroyers.” Let’s take a closer look at the top five midcap stocks that …
On July 26, 2024, Trident Limited announced its Earnings for the first quarter ended June 30, 2024. Financial Performance The company’s standalone total income for Q1FY25 reached ₹1,749.6 crore, marking an 18.36% increase compared to the same quarter last year and a 2.94% rise from the previous quarter. The standalone Earnings Before Income, Depreciation, Tax, …
Overview of Max Financial Services Ltd Max Financial Services Ltd is a prominent entity within the Max Group, with a significant stake in Max Life Insurance Company Limited. This joint venture with Axis Bank Limited offers comprehensive protection and long-term savings life insurance solutions. Max Life Insurance distributes its products through a multi-channel approach, including …
