Team India international Cheteshwar Pujara has returned to the IPL sphere and will be donning the Chennai Super Kings jersey in the upcoming edition of the cash-rich league. Incidentally, this …
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The man who coined net neutrality is heading back to work for the government. President Joe Biden has appointed Columbia law professor Tim Wu to the White House’s National Economic …
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FuboTV grew its internet pay-TV subscriber rolls at a rapid clip last year — and it sustained heavy losses to get there. The company ended 2020 with 547,880 subscribers, up …
- 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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The company’s finance cost is down 17% y-o-y and 5% q-o-q to Rs 1,706 crore. Indiabulls Housing Finance (IBH) on Friday reported a sequential increase of 2% in its net …
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If you’ve ever taken a marketing 101 course, you’ve learned that keeping a customer is much more profitable than acquiring new customers. It’s an old piece of wisdom but still …
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Production on the third season of Netflix’s adaptation of Gerard Way and Gabriel Ba‘s popular comic book series The Umbrella Academy has been on a pretty good roll as of …
- Cricket
India Vs England 2021: Watch- Axar Patel Returns To Net Practice Ahead Of Second Test In Chennai
Left-arm all-rounder Axar Patel was seen bowling and batting in India’s net session ahead of the second Test, also to be played in Chennai from February 13. In fact, Axar …
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The interest income (NII) fell 9% on a y-o-y as well as sequential basis to Rs 3,739 crore. Bank of India registered a fivefold increase in net profit to Rs …
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Muthoot Finance on Tuesday reported a consolidated net profit of Rs 1,006.6 crore in the third quarter. NBFC Muthoot Finance on Tuesday reported a 17% year-on-year increase in its third …
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Dhanlaxmi Bank had reported a net profit of Rs21.28 crore in the third quarter of last fiscal and Rs14.01 crore in the second quarter of FY21. Dhanlaxmi Bank on Tuesday …
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Gutteres urges major industrialized countries to phase out their use of coal – a key source of carbon emissions – by 2030. The world is still fairly hung up and …
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The Justice Department dropped its 2018 lawsuit challenging California’s state net neutrality rules on Monday, removing one of the law’s major roadblocks preventing it from going into effect. In 2017, …
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The lender’s Covid-related general contingency provisions stood at Rs 6,008 crore. State Bank of India (SBI) on Thursday reported a standalone net profit of Rs 5,196 crore for Q3FY21, down …
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The interest income (NII) increased 16% y-o-y and 6% q-o-q to Rs 9,912 crore. Provisions for the lender increased 32% y-o-y to Rs 2,742 crore, but declined 8% sequentially. ICICI …
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Ebit margin rose 30bp YoY (+10bp QoQ) to 6.3% (v/s our expectation of 8%) due to lower depreciation. Revenue/ebidta/pat grew 13%/6%/24% YoY in 3QFY21 to ~Rs234.5 billion/Rs22.3 billion/Rs19.4 billion. The …
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Aggregate gold loan disbursement was at Rs 57,445.14 crore while the number of live gold loan customers stood at 26.2 lakh (as of December 31, 2020). NBFC Manappuram Finance on …
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Though its operating profit declined 9% YoY, it grew 12% QoQ to Rs 5,311 crore. Net interest income (NII) increased 5% YoY and QoQ to Rs 6,590 crore. Union Bank …
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The bank’s pro forma non-performing assets (NPAs) stood at Rs 6,159 crore and it made provisions to the extent of Rs 4,722 crore, or 77%. IndusInd Bank’s net profit fell …
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Four fishermen from Ramanathapuram district are the latest casualties in the decades-old Palk Bay fisheries conflict between India and Sri Lanka. L. Srikrishna, C. Jaisankar, R. Rajaram and Meera Srinivasan …
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Visakhapatnam: Madem Nageswara Rao, an assistant executive engineer with the AP eastern discom, landed in the Anti-Corruption Bureau (ACB) net for the second time on Thursday. Belonging to the Kommadi …
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Its operating profit rose 6% YoY to Rs 6,096 crore. Axis Bank on Wednesday reported a 36% year-on-year (y-o-y) drop in net profit for the December quarter (Q3FY21) to Rs …
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The bank’s net interest income (NII) increased 17% y-o-y and 2.4% q-o-q to Rs 4,007 crore. Private lender Kotak Mahindra Bank’s net profit grew 16% year-on-year (Y-o-Y) to Rs 1,854 …
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The lender, which is still under the Reserve Bank of India’s PCA framework, had posted a net profit of Rs 30.12 crore for the second quarter. UCO Bank on Monday …
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The bank made drastic improvement in its asset quality with gross NPA decreasing 365 bps to 9.04% of gross advances, from 12.69%, y-o-y. Chennai-headquartered public sector lender Indian Bank on …
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Gold loans registered a growth of 67.26% YoY and 16% QoQ. Federal Bank on Wednesday reported an 8.3% year-on-year (Y-o-Y) decline in its third quarter net profit to Rs 404.10 …
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