Avenue Supermarts, which operates the retail chain DMart, on Saturday reported 9% rise in standalone net profit at Rs 641 crore for the quarter ended December 31, 2022. It reported…
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Weekly Market Wrap: Robust domestic macros, signs of easing global inflation help Dalal Street post modest gains
Encouraging inflation numbers from the US coupled with better-than-expected macro-economic data helped Indian equity benchmarks to end the recently concluded week in green terrain. Buying on final day of the…
HDFC Bank Q3 results: Net profit rises 18.5% to Rs 12,259 cr; NII up 25%
Private lender HDFC Bank on Saturday said its standalone net profit rose 18.5% to Rs 12,259 crore for the quarter ending December 31, 2022. It reported standalone net profit of…
Having perfected WFH, India Inc is confident of weathering another possible Covid wave
A well-oiled remote-working routine that enterprises can transition into whenever required without any disruption to business operations or productivity has made India Inc confident of facing an expected surge in…
Nifty Bank Outlook: Stay cautious till 43,000 is taken out; ICICI Bank, IndusInd, Canara Bank to do well
Nifty Bank made a intra-week high of 42,716.80, before settling this past week at 42,371.25 level. The banking index delivered 0.43 per cent return for the week. During the week,…
BlackRock profit slips but inflows rise amid Q4 market rebound
BlackRock Inc reported an 18% drop in fourth-quarter profit on Friday, hit by a global market rout that squeezed fee income, but registered $146 billion of long-term net inflows in…
JPMorgan beats profit estimates, sees mild recession
JPMorgan Chase & Co said on Friday it set aside $1.4 billion in anticipation of a mild recession, even as it reported a better-than-expected quarterly profit on the back of…
Amid top-level exits, NDTV says ‘in the process of putting up a new leadership team’
New Delhi Television Ltd said on Friday that some more of its senior executives, including President Suparna Singh, had resigned, a move that comes less than a month after the…
BT Banking & Economy summit: Indian exports will get hit hard if firms don’t comply to global green norms, warn finance veterans
Indian exports across the board will get hit badly if companies in the country don’t comply with green requirements to tap into green and sustainable financing as western nations start…
Sensex, Nifty trade setup: 10 things you should know ahead of Monday’s session
Indian equity benchmarks rose on Friday amid a volatile session, led by gains in Infosys, ICICI Bank, Tata Consultancy Services (TCS) and Hindustan Unilever (HUL). The 30-share BSE Sensex index…