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Inside Lenskart growth before IPO: Promising earnings at first glance or accounting adjustment?Lenskart’s FY25 profit of Rs 297 crore marks a sharp turnaround from a loss a year earlier, but much of the jump stems from a one-time acco...- UCO Bank targets 12-14pc credit growth in FY'26, to pursue selective lending opportunitiesUCO Bank targets a 12-14% credit growth in FY26, emphasizing retail, agriculture, and MSME sectors while selectively pursuing corporate len...
- Yum! Restaurants (India) reports Rs 162 cr profit in FY24, income up 13 pc to Rs 832 crYum! Restaurants India, parent company of Pizza Hut and KFC, reported a profit of Rs 162.04 crore in FY24. Revenue rose to Rs 689.93 crore....
- Healthkart swings to profit in FY24, revenue tops Rs 1,000 croreGurugram-based Healthkart, which is a health supplement startup, reported a 23% on-year increase in operating revenue at Rs 1,021 crore fro...
- RBI issues revised norms for classification, valuation of investment by banksThe Reserve Bank of India has introduced revised guidelines for banks to categorize their investments in alignment with global standards. T...
- RBI proposes new category for bank investmentsDebt instruments with fixed or determinable payments and fixed maturity with the intent of holding till maturity shall be classified under ...
- Implications of Indian Accountancy Standard on NBFCsOverall, it’s a welcome change but it comes with lots of challenges to the NBFCs.
- Softbank cuts $555 million in India portfolio value due to Yen appreciationWhile Softbank mentioned Snapdeal and Ola specifically in the write off, it did not mention other India portfolio companies like hotel book...
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