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UNION BANK PROFIT INCREASE
HDB Financial Q1 Results: Profit jumps 38% YoY to Rs 785 crore; NII up 20%HDB Financial Q1 Results: HDB Financial Services reported a 38% profit increase for the June quarter. Net interest income grew twenty perce...
ICICI Pru Life Q1 Result: Net profit jumps 28% YoY to Rs 386 croreICICI Prudential Life Insurance reported a twenty-eight percent net profit increase. Net premium income rose to nine thousand seven hundred...
US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costsCitigroup reported strong second-quarter earnings, driven by trading and investment banking revenues. The bank's net income jumped 45%, sur...
Wipro Q1 Preview: Under pressure from AI, what can investors expect from earnings?Wipro's Q1 earnings are expected to show a revenue rise, driven by acquisitions and currency. Core IT services revenue may decline sequenti...
Stocks in news: Groww, Delhivery, Infosys, Wipro, IDBI Bank, Tata ElxsiMarkets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus toda...
JPMorgan posts record profit on big gains from dealmaking, stock tradingIn a remarkable feat, JPMorgan Chase announced its record profits for the second quarter, driven by impressive growth in investment banking...
Bank of America Q2 net income rises on higher trading activitiesBank of America reported a boost in its second-quarter net income, largely driven by a significant uptick in its trading activities. This s...
Moody's affirms SBI, HDFC Bank ratings on strong asset qualityMoody's Ratings has confirmed the ratings for both State Bank of India and HDFC Bank, attributing a stable outlook to their robust asset qu...
Insurance distribution boosts fee income at most public sector banks in FY26Public sector banks earned higher insurance commissions in FY26, with most lenders reporting growth. Mutual fund distribution income showed...
A hidden pipeline brings Amazon and Walmart to African shoppersAfrican consumers are increasingly purchasing goods online from major international retailers. Package-forwarding companies are facilitatin...
Global Market: UK bond yields hit one-month high as Middle East tensions boost rate-hike expectationsMiddle East tensions are driving oil prices higher and impacting global energy supplies. This surge in oil prices is fueling inflation conc...
The ATM story: Banks move to cash recyclers from just dispensersMore than 15,000 ATM units are expected to come up for request for proposals (RFPs) for cash recyclers, with nearly 77% of these belonging ...
HDFC Bank, HCL Tech among 143 companies to announce earnings this weekThe June quarter earnings season is set to accelerate with 143 companies, including HDFC Bank, Reliance Industries and HCL Tech, scheduled ...
LTM profit jumps 17% to Rs 1,468 crore in April-June quarterLTM chief executive Venu Lambu declared AI revenue separately for the first time in the earnings call, at $150 million for the quarter, in ...
UK to regulate cloud service providers Microsoft, Google and others to protect financial stabilityThe UK government has identified Microsoft, Google, Amazon, and Oracle as essential cloud providers, implying new regulatory measures for t...
DBS Bank India profit jumps 49% on lower costs, better asset qualityDBS Bank India reported a significant 49% net profit increase. Advances grew fifteen percent while expenses and provisions saw a decrease. ...
'A video on Facebook, a chat on Telegram': Deepfake Nirmala Sitharaman scam costs Bengaluru professor Rs 61 lakhA Bengaluru professor lost over sixty-one lakh rupees in a sophisticated cyber fraud. She was lured by a deepfake video featuring Finance M...