Mahindra Lifespace FY24 profit falls marginally to Rs 98 cr; sale bookings at record Rs 2,328 cr
Mahindra Lifespace Developers Ltd has reported a marginal decline in consolidated net profit to Rs 97.89 crore during the last fiscal year on lower income. Its net profit stood at Rs 101.43 crore in the preceding year. According to a regulatory filing on Friday, the company's total income fell to Rs 279.12...
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At least USD 12 trillion needed for tripling renewable energy capacity by 2030: COP28
27 April 2024 | PTI -
Olectra Greentech bags order for 8,232 electric vehicles during FY 23-24
27 April 2024 | PNS -
Seminar on American Pecans organised
27 April 2024 | PNS -
Five star petal ceiling fan launched
27 April 2024 | PNS -
Markets snap five days rally; Sensex tumbles over 600 points
27 April 2024 | PTI -
Rupee falls 7 paise to settle at 83.35 against US dollar
27 April 2024 | PTI -
Motilal Oswal reports multi fold jump in profit
27 April 2024 | PTI
RBI action on Kotak Mahindra Bank may restrain credit growth: S&P
S&P Global Ratings on Friday said RBI’s regulatory action on Kotak Mahindra Bank could restrain the lender’s credit growth and profitability. The RBI on Wednesday barred Kotak Mahindra Bank from issuing fresh credit cards and onboarding new customers online. Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This...
Deloitte projects India’s FY25 GDP growth at 6.6 per cent
Deloitte India on Friday said it estimates India’s GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India’s economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created...
Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check
Reliance Industries Ltd has won a vote of confidence from global rating agencies S&P and Fitch after its robust earnings in the fiscal year ended March 31, 2024, supported its growth aspirations and kept leverage under check. S&P Global Ratings and Fitch Ratings in separate notes spoke of its EBITDA (loosely...
Tech Mahindra shares zoom over 13 pc as co unveils three-year roadmap to bounce back
Shares of Tech Mahindra on Friday surged over 13 per cent after the company's CEO outlined an ambitious three-year roadmap to accelerate revenue growth and lift margins. The stock jumped 13 per cent to Rs 1,344.95 on the BSE. At the NSE, it climbed 13.16 per cent to Rs 1,347.
Indian housing market outlook bullish: Report
Consumers sentiments in India’s housing market remain positive despite a rise in prices, according to realty portal Magicbricks. On Thursday, Magicbricks released a report ‘Housing Sentiment Index’ based on the survey of over 4,500 customers across 11 cities. “Despite inflationary pressures, the Housing Sentiment Index (HSI) across India remains robust with strong...
SRM IST hosts Conference on Occupational Therapy
In his presidential address at the inauguration of the National Conference on Autism, 2024, on Wednesday, Dr P Sathyanarayanan, Pro Chancellor (Academics), SRM Institute of Science and Technology, said SRM College of Occupational Therapy, since its inception in 1996, had provided treatment to more than 5,000 people through the occupational...
ITC plans to open more hotels overseas: CMD Puri
India’s diversified entity ITC plans to open more hotels overseas with neighbouring countries and the Middle East as primary target markets after opening of its first international property here, company Chairman and Managing Director Sanjiv Puri said on Thursday. The company’s arm ITC Hotels, which had opened 22 new properties in...
