Top News / Zee Biz
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.
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.
Midcap Mutual Funds: A type of mutual fund schemes, midcap funds hold assets in mid-sized companies.These firms are considered to be in the middle of the mcap spectrum, ranked between 101 and 250. Generally, the midcap segment is considered riskier than largecap but safer than smallcap.In this article, we will cover some of the top-performing midcap mutual funds in 5 years, according to AMFI data as of January 3, 2025. Read on to learn more about some of the top-performing midcap MF schemes.
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.
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.
As against Zee Business analysts estimates, Dixon Tech's consolidated PAT came in higher at Rs 217 crore during the October-December quarter.
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.
Public Provident Fund (PPF) is a small savings scheme that currently offers an interest rate of 7.1 per cent. It allows any residents of India, including salaried, self-employed, and pensioners to invest in this popular investment scheme for retirement planning.
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.
Zomato's Q3 FY25 earnings take a hit, stock plunges 7%
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.
FMCG major Hindustan Unilever Ltd (HUL) is all set to report its financial results for the October-December period on Wednesday, January 22.
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.
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.
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.
An emergency fund is important for financial security. It provides a safety net during unexpected situations. One can start by setting a savings goal, cutting unnecessary expenses, and consistently saving to build their fund.
Bharat Mobility Global Expo 2025:Electric vehicle manufacturer Numeros Motors has launched its multipurpose e-scooter - the Diplos Max at Bharat Mobility Global Expo 2025.Alongside, the company introduced an exciting new platform, Indias first-ever Bike-Scooter Crossover.
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.
Olectra's focus continues to increase manufacturing and enhance technology capabilities.
Its total revenues rose to Rs 953 crore from Rs 903 crore in the year-ago quarter.
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.
The company's Executive Director Girish Wagh said it is presenting six zero-emission electric vehicles, ranging from mini trucks and pickups to intermediate and heavy trucks, alongside buses. In the passenger vehicles segment, Tata Motors unveiled 18 new cars & SUVs.
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.
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.
Intimation of disapproval is a formal communication from local authorities that indicates that a project can proceed, but with certain conditions.
With this revival package, many of the legacy problems that RINL used to face will be resolved, Information and Broadcasting Minister Ashwini Vaishnaw said.
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.
Lotus Centre launch:Lotus Cars, through its exclusive partner Exclusive Motors, has officially launched its first-ever Lotus Centre in India, located at the World Trade Centre in New Delhi. This marks a significant step in the British automakers strategy to expand its presence in the Indian luxury car market.
Auto Expo 2025:Motorcycle and scooter manufacturer Hero MotoCorp has launched four new products at the Bharat Mobility Global Expo 2025. The new models include the Hero Xoom 125, Hero Xoom 160, Hero Xpulse 210, and Hero Xtreme 250R.
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.
SBI Life Q3: PAT soars71 per cent YoY to Rs 551 crore, premium income up 11 per cent.
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.
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.
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.
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.
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.
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.
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.
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.
LTIMindtree Q3 Results:IT solutions provider LTIMindtree on Thursday reported a 7.14 per cent decline in consolidated net profit to Rs 1,085.4 crore in the December quarter of FY25.The Mumbai-based firm had reported a profit of Rs 1,168.9 crore in the year-ago period.
Axis Bank Q3 Results:Private sector lender Axis Bank on Thursday reported a 4 per cent rise in standalone net profit to Rs 6,304 crore for the third quarter ended on December 31, 2024.The bank had earned a net profit of Rs 6,071 crore in the October-December quarter of the previous year.
The total income of Havells India, which includes other income, also grew 10.81 per cent to Rs 4,953.31 crore.
Tata Sons, however, has applied for de-registration as a NBFC, and its application is still pending with the Reserve Bank.
The retail chain aims at delivering orders within 20-30 minutes using its existing stores to meet the demand for fast delive
Post Office Fixed Deposit (FD) and Post Office Recurring Deposit (RD) are popular investment options for those who are looking for risk-free returns. These schemes are not linked to the market, so the returns are guaranteed. In FD, one can invest a lump sum amount at once, while in RD, investors can invest money every month.
Bengaluru-based IT bellwether Infosys for the October-December quarter reportedrevenues at Rs 41,764 crore, a 7.6 per cent growth of year-on-year (YoY). Zee Business research estimated revenue at Rs 41,370 crore. The same in the previous September ended quarter was at Rs 40,986 crore.
8th Pay Commission Approval: Prime Minister Narendra Modi today (Thursday, January 16, 2024) gave the go-ahead to the 8th Pay Commission, Zee Business reported.The tenure of the 7th Pay Commission will remain till the end of the year 2026. Union Minister Ashwini Vaishnaw gave information about the formation of the 8th Pay Commission.
Blue Dart's newfacility is strategically located along the Dwarka Expressway in Bijwasan, Delhi, and would be only 20 minutes away from Indira Gandhi International Airport.
As Nifty has corrected from the September highs by as much as 11 per cent, Anil Singhvi said that investors instead of investing in stocks directly can take the mutual fund route.
Lithium-ion batteries manufacturer the International Battery Company (IBC) is set to commence production at its 'Giga Factory Unit' in Bengaluru within nine months, Karnataka's Minister for Large and Medium Industries, M B Patil said on Wednesday.