[ad_1] Consumer durables firm on Friday reported a 6% year-on-year (YoY) increase in its consolidated profit after tax to Rs 328 crore for the quarter ended December 31, 2022. The company had reported a net profit of Rs 310 crore in the same quarter...
[ad_1] Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaks at the World Congress of Accountants in Mumbai on November 19, 2022.Indranil Mukherjee | AFP | Getty ImagesShares of India's Adani Enterprises have plummeted over the past week, after the publication of an extensive critical report from...
[ad_1] The subdued startup fundraising activity continued in the first month of the new year with Indian startups raising $1.18 billion in January, down 75% compared to the same period last year. January saw 122 funding rounds compared to 331 rounds during the same period...
[ad_1] The Reserve Bank of India (RBI) said on Friday that the banking sector remains resilient and stable amid concerns over debt exposure to Adani Group companies."Various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy," the central bank said...
[ad_1] , the country's largest lender, said on Friday it has no concerns so far regarding its exposure to the embattled Adani Group and that any further financing to the conglomerate's projects would be "evaluated on its own merit".The Adani Group, led by billionaire Gautam...
[ad_1] Jammu and Kashmir Bank, which has an exposure of nearly Rs 250 crore in the Adani Group, on Friday said the bank investors have nothing to worry as its loans to the embattled business group are secured. "Our loans to Adani Group are secured...
[ad_1] Nick Kyrgios has admitted assaulting his ex-girlfriend after the 27-year-old tennis star's lawyers failed to have the charge dismissed on mental health grounds. However, Kyrgios avoided a criminal conviction.The court was informed that Kyrgios pushed Chiara Passari during a row in Canberra in 2021.The...
[ad_1] reported a 21% year-on-year (YoY) rise in net profit for the quarter ended December to Rs 5,031 crore, which was higher than the ET Now poll of Rs 4,605 crore.Revenue from operations, net of excise duty, rose a meagre 2.3% on year to...
[ad_1] Filmmaker Anubhav Sinha's banner Benaras Mediaworks and Bhushan Kumar-led T-Series have inked a deal with Reliance Entertainment for the distribution of their slate of upcoming titles, including Hansal Mehta-directed "Faraaz" and Sudhir Mishra's "Afwaah", in the overseas market. "Faraaz", which was released in theatres...
[ad_1] Public sector lender Bank of Baroda on Friday said it has reduced exposure to the embattled Adani Group entities over the last two years, and has no concerns on asset quality issues with the conglomerate. The bank's managing director and chief executive Sanjiv Chadha...