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Quint Digital Media Rebrands to Quint Digital: Company Reports 15% Increase in Revenue

Quint Digital Media Rebrands to Quint Digital: Company Reports 15% Increase in Revenue

Quint Digital Media Limited, India's leading multi-brand digital media and media-tech group — being the only new-age digital media and technology player listed on an Indian stock exchange — published its standalone and consolidated results for Q1 FY24 on 14 August 2023. Quint Digital Media Limited (QDML) rebranded itself as a pure-play digital company — [...]
Stock jumps up to 7.6% after reporting a net profit of ₹ 24 Cr against net loss of ₹ 21 Cr in the previous year 

Stock jumps up to 7.6% after reporting a net profit of ₹ 24 Cr against net loss of ₹ 21 Cr in the previous year 

The shares of India's largest cafe operator rose 7.6 percent to Rs 39 each on Wednesday over the company's strong June Quarter financial performance.  Coffee Day Enterprises Ltd shares closed at Rs 39, up Rs 2.15 or 5.83 percent on Wednesday on the National Stock Exchange, The company has a market capitalization of Rs 823 [...]
NBFCs’ Lending Assets Reportedly Grew 35% in June

NBFCs’ Lending Assets Reportedly Grew 35% in June

Banks' lending to non-banking finance companies (NBFCs) rose by 35.1% to Rs 14.2 lakh crore in June, a report said. Credit exposure of banks to NBFCs rose by a robust 35.1% on-year to Rs 14.2 lakh crore in June, indicating non-banking finance firms' decreased reliance on international borrowings. Meanwhile, mutual funds' debt exposure to NBFCs, [...]