HDFC Bank today released its business update for the first quarter of the financial year 2025 (Q1 FY25), ended June 30, 2024. The report highlights significant growth across key metrics, with some adjustments made to account for the recent merger with HDFC Limited. Loan Portfolio Expansion HDFC Bank’s gross advances increased substantially by 52.6% year-on-year …
On July 04, 2024, Dredging Corporation of India Limited (DCIL), a leading name in the Indian dredging industry, successfully secured a renewed contract for annual maintenance dredging at the Cochin Port Authority. This contract, valued at ₹156.50 crore, signifies DCIL’s continued leadership in the sector and its unwavering commitment to supporting India’s vital maritime infrastructure. …
Le Travenues Technology Limited (Ixigo), India’s leading online travel agency (OTA) catering to the “Next Billion Users,” announced its financial results for the fourth quarter (Q4) and full fiscal year (FY) ending March 31, 2024. The company delivered a positive performance, highlighting significant growth in key metrics. Gross Transaction Value Soars Ixigo’s Gross Transaction Value …
On July 04, 2024, Ujjivan Small Finance Bank announced its key business highlights for the quarter that ended June 30, 2024, in a stock exchange filing. Key Business Highlights for the Quarter Ending June 30, 2024 Deposits Total deposits increased by 22% year-over-year and 3% quarter-over-quarter, reaching ₹ 32,500 crore, compared to ₹ 26,660 crore …
On July 4, 2024, Samvardhana Motherson International Limited announced via a stock exchange filing that it has successfully priced $350 million in 5.625% senior secured guaranteed notes. These notes were issued through its subsidiary, SMRC Automotive Holdings Netherlands B.V. (SAHN BV), with a corporate guarantee from SAMIL. This marks Motherson Group’s return to the US …
On July 4, 2024, Mahindra Lifespace Developers Limited (MLDL) announced via a stock exchange filing the completion of two significant transactions totalling ₹2,050 crore in Gross Development Value (GDV). These strategic initiatives include securing a third redevelopment project in Mumbai and acquiring a valuable land parcel in Bengaluru, further bolstering the company’s presence in these …
On July 4, 2024, Raymond Ltd announced through a stock exchange filing the vertical demerger of its Real Estate Business into its wholly owned subsidiary, Raymond Realty Limited (RRL). The company stated that post-demerger, both Raymond Ltd and Raymond Realty Limited will function as separate listed entities within the Raymond Group, pending regulatory approvals. Under …
On July 4, 2024, GOCL Corporation Limited announced in a stock exchange filing the significant developments regarding its subsidiary, IDL Explosives Limited (IDL), and its relationship with Coal India Limited (CIL). According to the filing, CIL, through a letter dated July 2, 2024, has imposed a 2-year ban on IDL for participating in any contract …
On July 4, 2024, Shilpa Medicare Limited (SML) announced in a stock exchange filing that its CDMO (contract development and manufacturing organisation) customer, Unicycive Therapeutics, Inc., has reported positive results from the pivotal clinical trial of Oxylanthanum Carbonate (OLC), a new chemical entity (NCE) molecule with potential treatment for hyperphosphatemia in chronic kidney disease patients. …
On July 4, 2024, FSN E-Commerce Ventures Limited, known for its brand, Nykaa, recently disclosed in a stock exchange filing that its step-down subsidiary, Nessa International Holdings Limited, has established a new wholly-owned subsidiary in Qatar named ‘Nysaa Cosmetics Trading’. This newly formed entity operates as a Single-Member Limited Liability Company. Nysaa Cosmetics Trading is …
