UltraTech Cement logs Rs 1,777 cr Q3 PAT

Chennai (IANS) Aditya Birla Group’s UltraTech Cement Limited on Friday said it closed the third quarter of FY24 with a consolidated net sales of Rs16,487 crore as against Rs 15,299 crore over the corresponding period of the previous year.

Profit…

Paytm registers bumper operating revenue uptick of 38% YoY, PAT improves by Rs 170cr YoY

New Delhi (IANS) India’s leading payments and financial services company Paytm has shown yet another impressive quarterly growth, registering a bumper operating revenue uptick of 38 per cent YoY, taking the revenue to Rs 2,850 crore in Q3FY24.

DMI Group acquires troubled fintech startup ZestMoney

New Delhi (IANS) The DMI Group has acquired the homegrown digital EMI financing platform ZestMoney (Zest) for an undisclosed sum, the company announced on Thursday.

This development comes after the startup's new leadership informed the…

Sensex sinks more than 1,000 points

New Delhi (IANS) BSE Sensex plunged more than 1,000 points on Wednesday led by losses in HDFC Bank.

Sensex is down 1,044 points at 72,084 points.

HDFC Bank plunged 6 per cent after its results and several bank stocks are also down. Kotak…

Sensex plunges more than 1,600 points led by HDFC Bank

New Delhi (IANS) Markets have slumped further with the BSE Sensex now plunging more than 1,600 points in afternoon trade on Wednesday.

Sensex is down 2.2 per cent or 1,611 points at 71,516 points.

Private sector banks, metals are leading…

Nifty now up three times from Covid low of 7,511 in March 2020

New Delhi (IANS) Nifty is now up three times from the Covid low of 7,511 in March 2020, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

This is an indication of a strong bull market and it has a long way to go.…

Wow! Momo raises Rs 410 cr in latest round led by Khazanah, OAKS

New Delhi (IANS) Quick service restaurant (QSR) chain, Wow! Momo, said on Tuesday that it has raised Rs 410 crore (around $49 million) in its Series D round led by Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, and OAKS Asset Management.

HDFC Bank records 33% jump in net profit for Oct-Dec quarter

Mumbai (IANS) HDFC Bank on Tuesday reported a 33.5 percent increase in net profit at Rs 16,372 crore for the October-December quarter of the current financial year, against a net profit of Rs 12,259 crore in the same quarter last year.

The…

SpiceJet receives in-principle approval from BSE for Rs 2,242 cr fund infusion

New Delhi (IANS) SpiceJet on Monday said that it has received in-principle approval from the Bombay Stock Exchange (BSE) for the issuance of equity shares and warrants convertible into equity shares on a preferential basis.

The in-principle…

Sensex crosses 73k mark led by Wipro

New Delhi (IANS) Sensex crossed the 73,000 mark on Monday led by Wipro which was up by 6 per cent.

Sensex was up 532 points at 73,100.

Besides Wirp, the other IT heavyweights were Tech Mahindra, Infosys, HCL Tech up more than 2 per cent.