The bring revenue de-grew by 1% to 8% in the third quarter of FY21 on a sequential basis, said Crisil. After witnessing record number of active client additions and average…
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Indian Bank MD & CEO Padmaja Chunduru Chennai-based public sector lender Indian Bank, which has completed one year of amalgamation of Allahabad Bank with itself, on Thursday said the three…
- Finance
Volatility not for us, ours is a model of steady growth: TT Srinivasaraghavan, former MD, Sundaram Finance
TT Srinivasaraghavan, By Ankur Mishra Sundaram Finance has a balance sheet of Rs 35,000 crore despite not having raised equity in the last 50 years. TT Srinivasaraghavan, who stepped down…
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TipRanks Keep on Buying These 3 EV Stocks, Says Analyst Following Conference Investors are always on the loout for the next big thing, the next industry that will bring the…
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Demand for passenger vehicles was stronger than expected once Covid-related lockdown restrictions were lifted due to shift in preference towards personal mobility. Product life cycle to improve: Levers for margin…
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“Also, de-growth in large industries and slower growth in housing and NBFCs (non-banking financial companies) segment restricted the overall bank credit growth,” the rating agency said, adding that an increase…
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Value strategy started to gain major traction since October last year as smallcaps, midcaps, PSU stocks, utilities, metals, and corporate banks started to outperform. (Image: REUTERS) Value stocks have outperformed…
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International Monetary Fund Managing Director Kristalina Georgieva speaks at a press conference in Washington D.C., on March 4, 2020. Liu Jie | Xinhua | Getty Images LONDON — The International…
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They expect 15-18% AUM growth to be achievable in the medium term led by retail segment. We hosted Conrad D’Souza from HDFC Ltd for an investor call where he highlighted…
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India has unicorns than is normally appreciated, analysts at Credit Suisse pointed out in the firm’s recent Asian Investment Conference. One of the big enablers, they said, has been…
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Cadila Healthcare Ltd’s s have been under pressure this year, but some recent developments may bring relief. The firm recently reached an agreement to settle litigation relating to generic-Revlimid in…
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Gas prices are displayed at a Speedway gas station on March 03, 2021 in Martinez, California. Justin Sullivan | Getty Images One of the main reasons Federal Reserve officials don’t…
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UPI transactions had exited 2020 with the Rs 4-lakh-crore value mark in December. Unified Payments Interface (UPI) transaction volume and value have witnessed a contraction in February 2021 — the…
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The bank is likely to raise capital in the second half of 2021 and is also planning to come out with a credit card of its own. Federal Bank expects…
- Finance
MSME lender SIDBI posts Q3 net profit of Rs 630 crore as NII grows, credit growth remains strong
SIDBI saw a 22 per cent jump in net worth to Rs 20,694 crore for the nine-month period of FY21. Credit and Finance for MSMEs: Small Industries Development Bank of…
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Britannia says that its market has increased, rural growth remains strong, and disruption in Modern Trade and Institutional channels is temporary – as the situation normalises, revenue growth should…
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NEW DELHI: Union finance minister Nirmala Sitharaman on Friday said that strong stimulus measures announced in her Budget 2021- 22 would not only provide quick short-term solutions but also ensure…
- News
Pandemic didn’t deter govt from taking up reforms necessary for long-term growth: Nirmala Sitharaman
A day after Nirmala Sitharaman defended the Union Budget 2021 in the Rajya Sabha, the Finance Minister Saturday told the L Sabha that the reforms will lay the path for…
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In a statement on Thursday, the European Commission said that the GDP growth in the 19 countries that use the euro would reach 3.8 per cent this year, down from…
- Business
Jim Cramer recommends both Match Group and rival Bumble, calling the latter the ‘superior growth stock’
After the dating service Bumble made its market debut Thursday, CNBC’s Jim Cramer compared its business performance to its main rival, Match Group, and offered his recommendations on their stocks.…
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LONDON — The European Commission has turned negative on its prospects for the euro zone’s economy, projecting a lower growth rate for the region in 2021 as governments grapple…
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A box containing vials of the AstraZeneca Covid-19 vaccine is pictured at the Foch hospital in Suresnes, on February 6, 2021, on the start of a vaccination campaign for health…
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Credit: Christina Morillo/Pexels TLDR: The Complete 2021 Growth Hacker Bundle offers entrepreneurs the playbo for a marketing strategy that can show big dividends fast, even with limited budgets. At first…
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Text size Investors are disappointed with Akamai’s projected growth rate for its security business. Dominick Reuter/AFP via Getty Images Akamai Technologies ’ fourth quarter earnings report has received a cool…
- Business
Capex-led growth to kickstart investment; agri, infra, consumption sectors attractive | LIC MF INTERVIEW
The Budget was a clear change in Government stance from fiscal conservatism to growth orientation. The Union Budget 2021 helped fuel Dalal Street to 9% rally in the previous week,…
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Employees work at the Canopy Growth facility in Smith Falls, Ontario, Canada, Dec. 19, 2017. Chris Roussakis | Bloomberg | Getty Images Canopy Growth s rallied Tuesday after the Canadian…