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Costs and provisions down, IDFC Bank will continue to bolster earnings: V Vaidyanathan, MD & CEOOur credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our c...
Maruti Suzuki eyes 30% jump in CNG vehicle sales to 9 lakh units in FY27Maruti Suzuki targets selling nine lakh CNG vehicles this fiscal year. This represents a significant thirty percent increase in sales volum...
Confident of a 'breakout year' in FY 2027: Tata Technologies CEO & MD, Warren HarrisTata Technologies expects a significant growth year due to automotive manufacturers' increased investment. The company is securing full veh...
AU Small Finance Bank Q1 net profit jumps 37% to Rs 796 croreAU Small Finance Bank recorded a 37% surge in Q1 net profit to Rs 796 crore, driven by robust loan growth and improved asset quality. Gross...
NMC health settlement drags Bank of Baroda Q1 net profit down 72%Bank of Baroda's June-quarter profit fell 72% due to a large settlement payment. Other income also declined, impacting the bank's overall f...
Execution is bigger challenge than profitability: Fractal CEOFractal reported a sharp 38% sequential decline in net profit to Rs 72.3 crore in April-June quarter. However, on a yearly basis, net profi...
Fractal Analytics Q1 net profit jumps 92% to Rs 72.3 croreFractal Analytics saw a ninety-two percent profit jump year-on-year in the first quarter. Operational revenues increased by twenty percent ...
Elon Musk loses $19 billion after Tesla shares plunge 14%. What’s spooking investors?Tesla shares experienced a significant drop of over 14% on Thursday. This decline followed the company's quarterly earnings report which fa...
Meesho cracks 5% as weak Q2 outlook spooks Street; Citi, Morgan Stanley reactMeesho shares fell after the company warned of slower NMV growth in the September quarter due to the rescheduling of its flagship festive s...
Infosys Q1 profit rises 12% and revenue 14%; Ashiss Kumar Dash to take charge next fiscalDash, 54, will succeed Salil Parekh, whose second term will end in April after over nine years at the helm of Infosys, where he grew revenu...
Alphabet's quarterly earnings beat Wall Street estimates, but here's what is spooking investorsAlphabet announced strong second-quarter earnings, but its shares declined significantly. The company plans to substantially increase its c...
Ujjivan Small Finance Bank grows share of secured loan to over 50%Ujjivan Small Finance Bank has achieved a significant milestone by increasing its secured loan portfolio. This strategic shift now represen...
Bluestone Jewellery shares rocket 36% in just three days after Q1 results. Can the momentum sustain?BlueStone Jewellery shares have surged 36% in three trading sessions after the company's strong Q1 results, which marked a return to profit...
Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
GPF interest rate for government employees: Has Finance Ministry changed GPF rate from 7.1% for July-September 2026 quarter?The Ministry of Finance has announced the GPF interest rate for the upcoming quarter. General Provident Fund and similar government funds w...
IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spendingIBM reduced its annual revenue growth forecast on Wednesday. The company also missed profit and revenue expectations for the second quarter...
Eternal Q1 profit jumps 4x; Meta blocks Delhi protest contentEternal reported a significant jump in its revenue and profit for the first quarter of FY27. This and more in today’s ETtech Top 5.
Bistro sees limited impact from Swiggy's Toing, Rapido's Ownly: Deepinder GoyalOn the impact of the competition from Toing and Ownly, Deepinder Goyal said, “The impact has been limited. These platforms are offering the...
Aurum PropTech Q1 income up 57%; logs third straight profitable quarterAurum PropTech achieved a 57% income increase and third consecutive profitable quarter. The company accelerated AI initiatives and acquired...
India's private banks draw thinner margins on tepid credit growthTop private sector banks reported weaker net interest margins (NIMs) in the June quarter as sluggish retail loan demand pushed them towards...