.
Emami Q4 Results: Consolidated net profit down 60% YoY

Emami Q4 Results: Consolidated net profit down 60% YoY

FMCG major Emami Limited on Thursday posted a 60 per cent drop in consolidated net profit to Rs 142 crore for the quarter that ended March 2023, on muted demand. The company posted a consolidated net profit of Rs 354 crore in the corresponding period of FY22. Revenue from operations during the quarter was up [...]
5paisa.com appoints former Google executive Narayan Gangadhar as CEO

5paisa.com appoints former Google executive Narayan Gangadhar as CEO

Discount brokerage firm 5paisa Capital on Thursday said it has appointed former Google executive Narayan Gangadhar as Chief Executive Officer with immediate effect. Gangadhar has over two decades of experience, mostly with global technology companies like Google, Uber and Amazon. He is a Bachelor of Engineering from Mumbai University and a Master in Computer Science [...]
Strong performance of Indian banks to continue: S&P

Strong performance of Indian banks to continue: S&P

S&P Global Ratings on Thursday said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve. "Indian banks' earnings will likely remain healthy. The sector has improved substantially in the past seven years, from a period when many public-sector lenders were grappling with bad loans," S&P Global Ratings [...]
BSNL 4G to go live in next 2 weeks; 5G by December: Vaishnaw

BSNL 4G to go live in next 2 weeks; 5G by December: Vaishnaw

BSNL has started rolling out of 4G network with 200 sites, and after a three-month trial, it will launch an average of 200 sites per day, Union IT and Communications Minister Ashwini Vaishnaw said on Wednesday. The minister said the 4G network of BSNL will be upgraded to 5G by November-December. "The 4G-5G telecom stack [...]
Bank of Maharashtra tops PSU lenders chart in profit and loan growth in FY23 

Bank of Maharashtra tops PSU lenders chart in profit and loan growth in FY23 

State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms during 2022-23. The Pune-headquartered lender also recorded highest growth in profitability with bottomline growing almost 126 per cent to Rs 2,602 crore during the year. However, all the 12 public [...]