SEBI Chairperson Madhabi Puri Buch disclosed that the capital markets regulator has identified three merchant bankers consistently engaging in inflating subscriptions during share sales. Speaking […]
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North Korea’s Harsh Verdict: 12 Years of Hard Labor for Watching South Korean TV Series
In the isolated regime of North Korea, a recent incident highlights the extreme measures taken by authorities to enforce strict ideological boundaries. Two teenagers faced […]
IDFC FIRST BANK Q3 Financial Highlights: Robust Growth and Improved Asset Quality
Net Interest Income (NII): IDFC FIRST BANK reported a robust performance in Q3 with Net Interest Income (NII) standing at ₹4,287 crores, marking a significant […]
Kotak Mahindra Bank Q3 Financial Snapshot: NII Surpasses Estimates, PPOP Below Expectations, and Notable NPA Trends
• Kotak Mahindra Bank’s Q3 Net Interest Income (NII) reached ₹6,553 cr, slightly surpassing the estimated ₹6,465 cr. • The Pre-Provision Operating Profit (PPOP) amounted […]
ICICI Bank’s Q3 Success: Achieving a Record Profit of 10,271 Crores, Surpassing Expectations on the Street
ICICI Bank’s third-quarter Profit After Tax (PAT) reached 10,271 crores, surpassing the estimates of 9,980 crores. The Net Interest Income (NII) for the quarter stood […]
Bharti Airtel’s Strategic Move: Bharti Hexacom IPO and Government Exit Plan Unveiled
Bharti Airtel Plans Bharti Hexacom IPO: – Bharti Airtel is gearing up for an initial public offering (IPO) of its subsidiary, Bharti Hexacom. – This […]
Strong Performance in Q3: Impressive Growth in NII, PAT, and PPOP, with Improved Asset Quality and Expanding Loan Book
• Net Interest Income (NII) witnessed a significant YoY surge, reaching Rs 448 cr in the third quarter. • Profit After Tax (PAT) demonstrated robust […]
Market Insights: Citi Downgrades Reliance, Upgrades Ultratech Cement, and More in Latest Brokerage Reports
1. Reliance Industries (CITI): – Rating downgraded to ‘neutral,’ target at 2,910. – FY24-26E EBITDA raised by 2-5%, driven by Jio, retail, and O2C. – […]
Inflation Dilemma: Fed Official Warns of Possible Rate Hikes Amidst Market Expectations for Cuts
Despite widespread market expectations for a rate cut this year, a senior Federal Reserve official, Austan Goolsbee, warns that persistent inflation may result in a […]
Japan’s Historic Moon Landing: Precision Triumph with Slim Probe
Japan made history by landing its Smart Lander for Investigating Moon (Slim) probe on the lunar surface, becoming the fifth nation to achieve this feat. […]
Markets in Action: No Day Off for Participants as Special Trading Session Opens on Saturday
On January 20, the National Stock Exchange (NSE) and BSE have arranged a special live trading session to transition to the Disaster Recovery (DR) site. […]
Davos 2024: Navigating AI’s Impact – Insights from WEF Leaders
The annual World Economic Forum (WEF) meeting in Davos was a hub for discussions on the impact of artificial intelligence (AI). Centered on generative AI, […]