The earnings season is here. Indian companies are coming up with their quarterly results. The first quarter is the period between April to June of the Financial year 2022-23. Here is the list of companies that are set to publish their quarterly earnings in the coming week. 18th July On Monday watch out for the [...]
ICICI Prudential Life on Saturday reported Rs 156 crore net profit in the April-June quarter of this financial year amid a moderating trend in the pandemic-related claims and provisions. The company had reported a net loss of Rs 186 crore in the year-ago quarter. Assets under management grew 3.1 per cent to Rs 2,30,072 crore. [...]
HDFC Bank will be looking at the public listing of its brokerage and non-bank finance company subsidiaries only after its merger with parent HDFC Ltd goes through, a top official said on Saturday. Answering shareholder queries at the 28th annual general meeting of the largest private sector lender, its chief executive and managing director Sashidhar [...]
Bank of Baroda will raise Rs 1,000 crore debt capital by issuing long-term bonds to cater to the financing requirement in the infrastructure sector. The lender has received approval from its Investment Committee in a meeting held on Saturday. "The Investment Committee of the Bank of Baroda in its meeting held on July 16, 2022 [...]
Capital markets regulator Sebi on Saturday said it has lodged a complaint against a cyber security incident noticed on its e-mail system but maintained that no sensitive data was lost. Recently, a cyber security incident has been noticed on the e-mail system of the Securities and Exchange Board of India (Sebi) which was undergoing a [...]
Largest private sector lender HDFC Bank on Saturday reported a 20.91 per cent jump in its June quarter net profit at Rs 9,579.11 crore on the back of overall growth. On a standalone basis, its net profit increased to Rs 9,195.99 crore from Rs 7,729.64 crore in the year-ago period, but was down from Rs [...]
HDFC Securities has a buy call on the shares of NCC Limited, a company in which Rakesh Jhunjhunwala recently sold a portion of his stake. The big bull had a 12.8% stake in NCC Limited in the quarter ending March 2022. However, he sold about 0.4% of his stake and he currently owns a 12.5% [...]
Torrent Power on Friday said it will seek shareholders' approval for raising up to Rs 2,000 crore through issuance of non-convertible debentures ( NCDs). The company is holding its annual general meeting on August 8. "The company seeks the Members’ approval for issuance of NCDs upto an aggregate amount of Rs 2,000 crore, within overall [...]
Local search platform Just Dial on Friday recorded widening of consolidated loss to Rs 48.36 crore in the first quarter ended June 30, 2022. The company had posted a loss of Rs 3.52 crore in the same period a year ago. "Net loss stood at Rs 48.3 crore. This was driven by other income which [...]
Sri Lanka, a popular destination for holidaymakers, should be teeming with tourists at this time of year. Instead, an unprecedented economic crisis and political turmoil have all but wreaked its tourism with about 40 per cent of the pre-bookings being cancelled recently. Tourism accounts for about 5 per cent of Sri Lanka's Gross Domestic Product [...]
