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Company / Zee Biz

MSTC transfers 100% stake in FSNL to Konoike Transport

The government had received two technically qualified financial bids for the company.

21 Jan 2025 8:47 pm
ICICI Prudential Life Q3 Results: Profit jumps 43% to Rs 326 crore

ICICI Prudential Life Q3 Results:ICICI Prudential Life Insurance on Tuesday reported a 43 per cent surge in net profit of Rs 326 crore for the third quarter ended December 2024.The life insurance company promoted by ICICI Bank had posted a profit of Rs 227 crore in the same quarter a year ago.

21 Jan 2025 8:22 pm
RBI cancels registration of Mumbai-based company

The Mumbai-based company was providing loans through several service providers (mobile apps), including Wecash Technology, XNP Technology, Yarlung Technology, Xinrui International, Omelette Technology, Mad-Elephant Network Technology and Huidatech Technology.

21 Jan 2025 8:16 pm
PNB Housing Finance Q3 Results: Profit rises 43% to Rs 483 crore

PNB Housing Finance Q3 Results:PNB Housing Finance on Tuesday reported a 43 per cent jump in net profit to Rs 483 crore for the December quarter.The non-banking finance company, promoted by Punjab National Bank, had earned Rs 338 crore in the same quarter a year ago.

21 Jan 2025 8:10 pm
India Cements Q3 Results: Company posts net profit of Rs 116.52 crore

India Cements Q3 Results:India Cements Ltd on Tuesday reported a consolidated net profit of Rs 116.52 crore in the third quarter ended on December 31, 2024, boosted by the sale of investments.

21 Jan 2025 8:09 pm
South Indian Bank Q3: Net profit up 12% at Rs 341.87 crore

Its core net interest income rose 6.13 per cent to Rs 869.26 crore during the reporting quarter as net interest margins stayed flat at 3.17 per cent, and loans grew 11.95 per cent.

21 Jan 2025 7:59 pm
Indian tech titans TCS, Infy, HCLTech, others shine in Brand Finance's top IT services brands list

Tech titans of India including TCS, Infosys, HCL Technologies, Wipro and Tech Mahindra have figured prominently in Brand Finance's most valuable IT services brand rankings, underpinning the country's stronghold in the global tech landscape.

21 Jan 2025 6:47 pm
EPC firm Lumino Industries files DRHP for Rs 1,000 crore IPO

Lumino Industries, an EPC company specialising in conductors, power cables, and power EPC projects, has filed its draft red herring prospectus (DRHP) with SEBI to raise Rs 1,000 crore through an initial public offering (IPO).

21 Jan 2025 6:27 pm
Tata Tech Q3 Results: Marginal decline in profit; revenue grows by 2%

Tata Technologies' Q3 FY25 results show a marginal dip in profit to Rs 169 crore, while revenue grows two percent YoY; CEO optimistic about growth in emerging tech areas.

21 Jan 2025 6:01 pm
Bajaj Auto Q3 FY25 Results Preview: PAT likely to rise nearly 5%, margin may slip

Bajaj Auto Q3 FY25 Results Preview: Bajaj Auto is set to report its quarterly numbers on January 28. The auto major is expected to register a 5 per cent rise in its net profit with 7 per cent growth in revenue for the third quarter of the current financial year, according to Zee Business research.

21 Jan 2025 5:04 pm
BPCL Q3FY25 preview: PAT likely to climb 109% amid improved GRMs

BPCL's revenue during the review quarter is expected to decline sequentially, however, PAT is expected to more than double during the review period.

21 Jan 2025 4:50 pm
apna.Co signs pact with Chhattisgarh government to launch Career Portal

Jobs and professional networking platform apna.Co on Tuesday said it has inked an agreement with the Chhattisgarh government to launch a dedicated 'Career Portal' that aims to connect fresh graduates with employers.

21 Jan 2025 4:30 pm
TVS Motor Company Q3 FY25 Results Preview: PAT likely to grow 10%, margin may expand by 50 bps

TVS Motor Company Q3 FY25 Results Preview: TVS Motor Company is set to report its quarterly numbers on January 28. According to Zee Business research, TVS Motor Company is estimated to register 10 per cent growth in its net profit for the October-December period, with an margin may expand by 50 bps

21 Jan 2025 4:12 pm
Maruti Suzuki Brezza's latest campaign 'More Power to Your Play' is here, featuring Kartik Aaryan

Maruti Suzuki Brezza, unveils a new campaign with Kartik Aaryan, highlighting its bold style and your unique personality.

21 Jan 2025 4:09 pm
Shark Tank India Season 4: Swiggy Instamart joins hands with Shark Tank India to deliver over 100 products in 10 minutes

There will be a Shark Tank section on the Swiggy Instamart app through which the viewers can instantly purchase the products.

21 Jan 2025 2:28 pm
TCS becomes 2nd global IT services firm to cross $20 billion in brand value

Tata Consultancy Services (TCS)generated consolidated revenues of $29 billion in the fiscal ended March 31, 2024.

21 Jan 2025 2:22 pm
Pidilite Q3 FY25 Results Preview: PAT likely to grow nearly 14%, margin may improve by 70 bps

Pidilite Industries Q3 FY25 Results Preview: Fevicol adhesive maker Pidilite is all set to report its financial results on Wednesday, January 22. Zee Business analysts expect the Mumbai-headquarteredconsumer and specialty chemical manufacturer to stage a strong financial performance for the third quarter of the current financial year, with a 70-basis-point increase in its margin.

21 Jan 2025 12:27 pm
MCX Q3 Results: Net profit at Rs 160 crore, misses Street expectations

MCX has reported its financial numbers for the October-December period.

21 Jan 2025 8:16 am
ICICI Prudential Life Insurance Q3 FY25 Results Preview: Life insurer likely to clinch 12% rise in profit, gross premium may rise 30%

ICICI Prudential Life Insurance is all set to report its financial results for the October-December period on Tuesday. The private sector life insurer is estimated to report a 12 per cent year-on-year jump in its net profit to Rs250 crore for the quarter ended December 31,according to Zee Business research. Here's what else investors can expect from the company's upcoming earnings report.

20 Jan 2025 11:48 pm
Reliance Power appoints Neeraj Parakh as CEO effective immediately

Reliance Power, part of the Reliance Group led by top businessman Anil Ambani, said Neeraj Parakh's appointment as CEO is effective for a period of three years.

20 Jan 2025 10:30 pm
Waaree Renewable Tech bags order worth Rs 277 crore to set up 105 MWp solar project

Waaree Renewable Technologies on Monday said that it has secured an order worth Rs 277.20 crore for setting up a ground-mounted solar project of 105 MWp (DC) capacity on a turnkey basis.

20 Jan 2025 6:07 pm
PVR INOX launches app feature for curated movie experience

Buoyed by strong consumer response to re-released films, cinema chain PVR INOX Ltd on Monday introduced a feature allowing movie lovers to create or join customised shows at their preferred cinemas.

20 Jan 2025 5:37 pm
Dixon Technologies Q3FY25: PAT climbs 124%, revenue more than doubles

As against Zee Business analysts estimates, Dixon Tech's consolidated PAT came in higher at Rs 217 crore during the October-December quarter.

20 Jan 2025 5:30 pm
HDFC Bank Q3 FY25 earnings Preview: Here's what you can expect

HDFC Bank is set to announce Q3 FY25 results on Jan. 22. Investors eye growth in NII, loan book, and asset quality amid steady advances and robust deposit growth.

20 Jan 2025 5:15 pm
Will continue to spend Rs 2,000 crore per year on new CV development, capital equipment: Tata Motors

Tata Motors will continue to invest around Rs 2,000 crore annually on the development of new commercial vehicles and capital equipment as the company works on a gamut of technologies to drive towards sustainable mobility, according to its Executive Director Girish Wagh.

20 Jan 2025 4:15 pm
Zomato Q3 net profit falls 57% YoY to Rs 59 crore, stock crashes 7%

Zomato's Q3 FY25 earnings take a hit, stock plunges 7%

20 Jan 2025 4:08 pm
PLI Scheme for White Goods: 24 Companies selected, Rs 3,516 crore investment committed

The Indian government's Production-Linked Incentive (PLI) scheme is set to give a major boost to the production of air conditioner and LED light components in India. In the third round of the scheme, 24 companies have committed to investing Rs 3,516 crore.

20 Jan 2025 3:43 pm
HUL Q3 Results Preview: FMCG giant likely to log 2% rise in profit, margin may shrink by 30 bps

FMCG major Hindustan Unilever Ltd (HUL) is all set to report its financial results for the October-December period on Wednesday, January 22.

20 Jan 2025 2:21 pm
Zomato Q3FY25 Preview: Revenue may see 66% growth YoY; Blinkit's growth in focus

Zomato Q3 preview: Revenue is seen up 13.9% QoQ, led by Blinkit's rapid growth; EBITDA margin likely to improve to 5.1%, with profitability boosted by lower tax rates.

20 Jan 2025 10:00 am
BharatPe CEO says 90-hour week difficult number to clock in, work quality matters

Amid a raging debate in India Inc over 90-hour work week, BharatPe CEO Nalin Negi has said that quality matters more when it comes to measuring outcomes and productivity of employees at workplace, not long hours clocked in, as he emphasised that fintech firm does not have such extreme work hour expectations.

19 Jan 2025 7:56 pm
CapitaLand announces Rs 450 crore investment in new IT park in Hyderabad

CapitaLand Group, a real estate investment and development company headquartered in Singapore, has announced a Rs 450 crore investment to develop a state-of-the-art 1 million square foot IT park in Hyderabad.

19 Jan 2025 4:40 pm
Man Industries India board approves plan to raise Rs 300 crore

The board, at its meeting on Saturday, also approved the appointment of Sandeep Kumar as the CFO and Key Managerial Personnel with effect from January 18, 2025.

18 Jan 2025 7:55 pm
Olectra Greentech launches Blade Battery Chassis

Olectra's focus continues to increase manufacturing and enhance technology capabilities.

18 Jan 2025 7:28 pm
Ramkrishna Forgings Q3 Results: Net profit grows 21% to Rs 100 crore

Its total revenues rose to Rs 953 crore from Rs 903 crore in the year-ago quarter.

18 Jan 2025 5:59 pm
Centre approves Rs 11,440 crore RINL revival plan; privatisation issue does not arise: Steel Minister

The Union Cabinet has approved a Rs 11,440 crore revival package for Rashtriya Ispat Nigam Ltd to help the struggling steelmaker tide over its financial woes, Union Steel Minister HD Kumaraswamy said.

18 Jan 2025 9:39 am
Rallis India Q3 Results: Net profit dips by 54.16% to Rs 11 crore bse nse

Rallis India Q3 Results:Rallis India, a Tata Enterprise, on Friday reported a 54.16 per cent on-year decline in net profit to Rs 11 crore for the quarter ended December 31, 2024.

17 Jan 2025 8:42 pm
ICICI Lombard Q3 net profit rises 68% to Rs 724 crore

Its gross direct premium income for the quarter declined to Rs 6,214 crore against Rs 6,230 crore in the year-ago period, ICICI Lombard said in a regulatory filing.

17 Jan 2025 8:23 pm
Indian Hotels Company posts 29% surge in December quarter net profit at Rs 582.32 crore

Intimation of disapproval is a formal communication from local authorities that indicates that a project can proceed, but with certain conditions.

17 Jan 2025 8:15 pm
Government approves Rs 11,440 cr RINL revival plan

With this revival package, many of the legacy problems that RINL used to face will be resolved, Information and Broadcasting Minister Ashwini Vaishnaw said.

17 Jan 2025 7:45 pm
Tech Mahindra Q3 Results: Consolidated profit at to Rs 983 crore; revenue rises 1.4%

Tech Mahindra reported a strong 92.63 per cent year-on-year (YoY) growth in its consolidated profit for the quarter ended December 2024, reaching Rs 983 crore. The profit stood at Rs 510 crore in the corresponding quarter of the previous financial year.

17 Jan 2025 4:17 pm
Coal India aims at 4-5% growth in production in FY'25

CIL production grew 2.2 per cent to 543 million tonnes till December in the current fiscal. But aiming to ramp up production in the remaining days of the fiscal, efforts are on to achieve a growth of around 4 to 5 per cent, he said.

17 Jan 2025 3:36 pm
SBI Life Q3 Results: Consolidated PAT surges 71% YoY to Rs 551 crore; net premium income jumps 11%

SBI Life Q3: PAT soars71 per cent YoY to Rs 551 crore, premium income up 11 per cent.

17 Jan 2025 3:11 pm
BPCL ties Rs 31,802 crore funds for Bina refinery expansion, petchem project

The project, estimated to cost Rs 48,926 crore, aims to set up a petrochemical complex comprising a 1.2 million tonnes per annum (MTPA) ethylene cracker unit and increase the refinery's capacity from 7.8 MTPA to 11 million tonnes.

17 Jan 2025 12:45 pm
Tech Mahindra Q3FY25 Preview: PAT likely to drop 17.6% QoQ; revenue estimated to be steady

Tech Mahindras Q3FY25 earnings are expected to show a 17.6% QoQ drop in PAT, with flat revenue growth. Key factors include furloughs, weak manufacturing, and seasonality in the Comviva business.

17 Jan 2025 12:28 pm
LTIMindtree Q3 results disappoint Street; should you buy, sell or hold IT stock?

LTIMindtree Q3: Revenue rises 4.6 per cent YoY; profit dips 7 per cent; shares drop 3.4 per cent as brokerages remain divided on growth outlook.

17 Jan 2025 11:14 am
SBI Life Q3 Results: Modest profit growth, APE up; should you buy, sell or hold?

SBI Life's Q3 FY25 results preview indicates stable new business premium growth, a modest 8% rise in VNB, and 56%profit surge despite SBI channel challenges.

17 Jan 2025 11:02 am
Axis Bank Q3 Results Review: Earnings miss estimates; brokerages slash targets

Axis Bank Q3FY25 results miss estimates as net profit rises three-point eight three percent YoY. Slower credit, deposit growth, and rising slippages prompt brokerages to cut target prices.

17 Jan 2025 10:33 am
CCI penalises investment manager of Goldman Sachs AIF for failing to notify Biocon deal

The Competition Commission has imposed a penalty of Rs 40 lakh on the investment manager of Goldman Sachs AIF for failing to notify the regulator about the more than four-year-old deal that gives the option to buy up to 3.81 per cent stake in Biocon Biologics.

17 Jan 2025 12:32 am
MobiKwik partners Piramal Finance to offer personal loans

Fintech firm and digital wallet major MobiKwik has partnered with Piramal Capital & Housing Finance Ltd to provide personal loans to its customers, the company said in a regulatory filing.

17 Jan 2025 12:25 am
Infosys says H1B visa dependence lowered, expresses confidence in resilient business model

Days after HCLTech said it has lowered reliance on H1B visas, Infosys on Thursday reported a significant decrease in its dependence on this visa category and exuded confidence in its esilient operational model.

16 Jan 2025 8:48 pm