India's social kedia Koo shuts down after 4 years in business after acquisition discussions fail.
Koo had around 10 million monthly active users.
#koo#socialmedia#business#startups
The Securities and Exchange Board of India (Sebi) has rejected the proposal by the National Stock Exchange (NSE) to extend the market time in the derivatives segment.
#nseindia#SEBI#dalalstreet
Axis Bank overtakes Kotak Bank as 4th largest bank of India by market capitalisation, this comes after Kotak Bank fell 10% due to ban by RBI on Kotak Bank from opening new accounts online and digitally and issuing new credit cards.
#AxisBank#kotak#rbi#India
ICICI Bank reported a net profit of Rs 10,707 cr for the Jan-Mar quarter of the FY 2023-24, which marks a 17% jump as compared to Rs 9,122 cr clocked in the year-ago period.The net interest income (NII) of Rs 19,093 cr, increased by 8 % as compared
(1/2)
YES Bankโs operating profit during Jan-Mar 2024 stood at Rs 902.47cr, as compared with Rs 888.90cr a year ago.Its net NPA also saw improvement and fell to 0.6%, from 0.8 % a year ago.
#yesbank#PROFIT#banknifty
YES Bank reported a 124% surge year-on-year in its net profit to Rs 454cr for the Mar 2024 quarter. Its net interest income during Jan-Mar 2024 rose 2.3 % to Rs 2,153.1cr, compared with Rs 2,105.2cr a year ago. (1/2)
Kotak Mahindra Bank falls 10% after RBI barred bank from onboarding new customers via online and digital platforms and issuing credit cards.
#kotakbank#nifty50#StockMarket#StockMarketNews
RBI barred Kotak bank from onboarding new customers via mobile and online channels and issuing fresh credit card with immediate effect. The action comes after the lender was found deficient in its IT risk management.
#kotakbank#RBI#banking#creditcard
Reliance Jio Infocomm Q4 profit rises 13.2% to Rs 53.37 bln. Revenue grew 11% to Rs 259.9 bln. Jio has 470.9 mln subscribers at end of last year. ARPU not disclosed by company.
#telecom#internet#call#reliancejio
net NPA for the quarter stood at 0.33 % compared to 0.31%. Provisions and contingencies for the quarter were Rs 13,500 cr. Dividend announced of Rs 19.5 per equity share.
#HDFCBank#dividend#quarterly#results#banknifty
HDFC Bank reported a net profit of Rs 16,511 cr for the Q4 of the FY 2023-24, marking a 0.84% jump compared to Rs 16,373 cr clocked in the prev quarter. The net interest income (NII) of Rs 29,007 cr jumped from Rs 28,470 cr reported in the prev quarter. On the other hand (1/2)
Infosys Q4 Net Profit rises 30% YOY to Rs7969Cr, Revenue from operation increased 1.3% YOY to Rs 37923cr. Final Dividend of Rs20 and Rs8 special dividend announced by company.
#Infosys#SoftwareDevelopment#Q4Results
Q4 Earnings to be announced today - Bajaj Auto, HDFC Life Insurance, ICICI Securities, Network 18, TV18 and Mastek
#sensex#icici#bajaj#insurance#hdfclife
VodaIdea raises Rs5400cr from anchor investors GQG partners,Morgan stanley, UBS, Fidelity and others. FPO to open for retail investors from today at price band of Rs10-11 per share.
Turnaround for VodaIdea, let us know your thoughts.
#VodafoneIdea#FPO#IPOAlert#nifty50#ind