In a little over seven months since its launch in late May 2023, the InterGlobe Enterprises and UPS JV, MOVIN, has become the fastest-growing logistics player in the Indian market.…
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‘The jugaad mindset is fast making way for a well-structured new India,’ says MOVIN CEO
In a little over seven months since its launch in late May 2023, the InterGlobe Enterprises and UPS JV, MOVIN, has become the fastest-growing logistics player in the Indian market.…
Q3 results, US data among key factors that may influence Dalal Street next week
In the coming week, market participants will be eyeing the Wholesale Price Index (WPI) data for the month of December to be released on January 16. The annual wholesale price…
DMart Q3 results: Net profit rises 7% to Rs 589 cr; revenue increases 25.5%
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…
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…