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HDFC Bank Q1 profit up 5%; CEO signals growth push says bank is 'on the cusp of pressing the pedal'

New Delhi, July 18 -- HDFC Bank reported a 5 per cent year-on-year (y-o-y) increase in standalone net profit for the first quarter (Q1FY27), reaching Rs.19,060 crore, with the bottom line being suppor... Read More


ICICI Bank posts 16 per cent growth in Q1 profit at Rs.14,805 crore; NIM remains stable

New Delhi, July 18 -- ICICI Bank reported a healthy 16 per cent year-on-year (y-o-y) increase in first quarter (Q1FY27) standalone net profit to Rs.14,805 crore, with the bottom line supported by grow... Read More


Kotak Mahindra Bank posts 26% rise in Q1 net profit

New Delhi, July 18 -- Private sector lender Kotak Mahindra Bank on Saturday reported a 26 per cent year-on-year (y-o-y) rise in standalone net profit to Rs.4,123 crore for the quarter ended June 30, d... Read More


Axis Bank Q1 net profit rises 23% on strong margins, asset quality improves

New Delhi, July 18 -- Axis Bank, the third-largest private sector bank, reported a 23 per cent rise in net profit for the June quarter to Rs.7,114 crore compared with Rs.5,806 crore in the correspondi... Read More


Hundia Infosolutions launches KARNAGE brand to meet gamers accessory needs

New Delhi, July 18 -- After nearly two decades of building electronics and IT peripherals brand EVM across India's memory, storage and technology-peripherals market, Hundia Infosolutions has launched ... Read More


YES Bank jumps 34%; asset quality improves, loan growth remains strong

New Delhi, July 18 -- YES Bank reported that its standalone net profit rose 34 per cent year-on-year to Rs.1,071 crore in the June quarter, compared to Rs.801 crore in the corresponding period last ye... Read More


AIIEA urges goverment to extend RoDTEP benefits to DFIA exporters

New Delhi, July 18 -- The All India Importers and Exporters Association has expressed deep concern over inequitable treatment of MSME exporters operating under the Duty-Free Import Authorisation (DFIA... Read More


PHFI-IPHS steps up to meet growing demand for public health workforce

New Delhi, July 18 -- The shortage of trained public health professionals has been threatening to spook the rapid pace of investments made through both private and public sectors. The government has ... Read More


Xtranet Technologies plans Rs.167-crore IPO to fund expansion and debt repayment

New Delhi, July 18 -- Xtranet Technologies, an information technology solutions and services provider, plans to raise Rs.167 crore through an initial public offering on the mainboard. The company wil... Read More


Tech Mahindra surges on strong Q1 results; analysts split on valuation

New Delhi, July 17 -- Shares of Tech Mahindra were trading at Rs.1,530.70 on the National Stock Exchange on Friday morning, up 1.35 per cent or Rs.20.40 from its previous close of Rs.1,510.30, after t... Read More