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Financial Year

Nestle India June Quarter Profit Rise By 37%; company changes Financial Year To April-March Cycle

Nestle India June Quarter Profit Rise By 37%; company changes Financial Year To April-March Cycle

Thu, Jul 27, 2023

Nestle India results: Revenue from operations came in at Rs 4,658.53 crore, up 15 percent against Rs 4,045.69 crore logged in the year-ago period.

Chennai, Kamarajar Ports eye 100 million MT cargo in FY 2023-24

Chennai, Kamarajar Ports eye 100 million MT cargo in FY 2023-24

Mon, Apr 03, 2023

The Chennai Port Trust and its subsidiary Kamarajar Port Ltd have set a target of crossing 100 million metric tonne of cargo in the current financial year, a top official said here on Monday.

SAIL produces record 18.28 MT crude steel; 19.40 MT hot metal in FY23

SAIL produces record 18.28 MT crude steel; 19.40 MT hot metal in FY23

Mon, Apr 03, 2023

State-owned SAIL has produced a record 18.28 million tonnes (MT) of crude steel during financial year 2022-23, registering a year-on-year rise of 5.3 per cent.

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How Is The Last Week Of The Financial Year For The Market? Watch Here

How Is The Last Week Of The Financial Year For The Market? Watch Here

Mon, Mar 27, 2023

How is the last week of the financial year for the market? Watch the complete research in this video.

RBI directs all banks to keep branches open till March 31 for annual closing

RBI directs all banks to keep branches open till March 31 for annual closing

Tue, Mar 21, 2023

The RBI wrote a letter to banks on Tuesday, highlighting that all government transactions done by agency banks for 2022–2023 must be accounted for within the same financial year

EV charging station business may require up to Rs 1.05 lakh crore investment by 2032: Report

EV charging station business may require up to Rs 1.05 lakh crore investment by 2032: Report

Thu, Dec 08, 2022

India would require around 63,000 charging stations and cumulative investments of Rs 269 billion (Rs 26,900 crore) for setting up the charging stations over the next five years to cater to the growing demand for power for operating EVs.

Britannia Industries Q2FY23 Results: Profit rises 28.5% to Rs 490.58 crore; income up 21% to Rs 4,380 crore

Britannia Industries Q2FY23 Results: Profit rises 28.5% to Rs 490.58 crore; income up 21% to Rs 4,380 crore

Sat, Nov 05, 2022

The company had posted a net profit of Rs 381.84 crore in the July-September quarter a year ago, Britannia Industries said in a BSE filing.

National Bank for Financing Infrastructure Development to disburse first loan in FY23; looking to raise funds via bonds

National Bank for Financing Infrastructure Development to disburse first loan in FY23; looking to raise funds via bonds

Thu, Nov 03, 2022

The development finance institution, created to aid in the ambitious infrastructure building targets, is currently involved in assessing various projects across sectors including roads and renewable energy, its managing director and chief executive Rajkiran Rai told reporters here.

Tata Starbucks opens 1st Reserve store in India in THIS city

Tata Starbucks opens 1st Reserve store in India in THIS city

Tue, Oct 18, 2022

Tata Starbucks, which currently operates 300 stores across 36 cities in India and is an arm of Tata Consumer Products, has added 32 stores in 14 cities this year so far, atop 50 stores added last fiscal.

HDFC-HDFC Bank merger: NCLT approves shareholders' meet

HDFC-HDFC Bank merger: NCLT approves shareholders' meet

Sat, Oct 15, 2022

HDFC-HDFC Bank merger: The shareholder meeting will be convened on November 25, 2022 for the purpose of considering and approving the Scheme of Amalgamation, HDFC said in a regulatory filing on Friday.

Bandhan Bank Q2 business update: Collection efficiency rises to 97% excluding NPAs

Bandhan Bank Q2 business update: Collection efficiency rises to 97% excluding NPAs

Sun, Oct 09, 2022

Bandhan Bank Q2 business update: As per the initial disclosures of the bank, loans and advances at the end of the second quarter stood at Rs 99,374 crore, reflecting a rise of 22 per cent year-on-year.

How RBI repo rate hike will affect your EMIs and loan tenure - Explained

How RBI repo rate hike will affect your EMIs and loan tenure - Explained

Fri, Aug 05, 2022

According to the RBI norms, banks are required to link the interest rates of loans with an external benchmark, which is generally the RBI's repo rate. Meanwhile, the bank deposit rates are also likely to increase, bringing some relief to the common man. After the rate hike by the central bank, the timing of taking the loan is crucial for home loan borrowers as they usually borrow at floating rates.

BharatPe co-founder Bhavik Koladiya quits in another high-level departure

BharatPe co-founder Bhavik Koladiya quits in another high-level departure

Wed, Aug 03, 2022

"Bhavik Koladiya has been associated with BharatPe as an Independent Consultant, guiding our Product and Technology teams. His contract tenure ended on July 31, 2022 and he expressed his desire to spend time on other assignments outside BharatPe," the company said in a statement.

LIC Mutual Fund eyes Rs 1,000 crore from new money market fund - open-ended debt scheme

Wed, Jul 27, 2022

Nityanand Prabhu, executive director and business head of LIC MF, told PTI that it has set an internal target of garnering at least Rs 1,000 crore from the scheme during the primary subscription period.

Federal Bank Q1 result: Net profit rises 64% to Rs 601 crores; stock jumps 1.50%

Federal Bank Q1 result: Net profit rises 64% to Rs 601 crores; stock jumps 1.50%

Fri, Jul 15, 2022

Federal Bank stock jumped nearly 1.50 per cent to close above Rs 98 apiece on the NSE.

Income Tax Department notifies Cost Inflation Index for FY23 to calculate LTCG from properties, securities, jewellery

Income Tax Department notifies Cost Inflation Index for FY23 to calculate LTCG from properties, securities, jewellery

Wed, Jun 15, 2022

The Income Tax Department on Wednesday notified the cost inflation index for the current fiscal to calculate long-term capital gains arising from the sale of immovable property, securities and jewellery, as per PTI report.

NBFCs to see Rs 18 lakh crore loans getting repriced in FY23: Crisil

NBFCs to see Rs 18 lakh crore loans getting repriced in FY23: Crisil

Tue, Jun 14, 2022

Non-banking financial companies are likely to witness close to Rs 18 lakh crore of their outstanding debt getting repriced at higher levels in FY23 amid the rising interest rate scenario, Crisil Ratings said in a report on Tuesday.

Tax revenue collection in FY23 expected to be far better than budget estimate: Revenue Secretary

Tax revenue collection in FY23 expected to be far better than budget estimate: Revenue Secretary

Thu, Jun 09, 2022

Revenue Secretary Tarun Bajaj on Thursday said tax revenue collections in ongoing fiscal year are expected to be far better than the budget estimates.

Current account deficit likely to hit three-year high at USD 43.8 billion in FY22

Current account deficit likely to hit three-year high at USD 43.8 billion in FY22

Thu, Jun 09, 2022

The country's current account deficit is likely to hit a three-year high of 1.8 per cent or USD 43.81 billion in FY22, as against a surplus of 0.9 per cent or USD 23.91 billion in FY21, a report said on Thursday.

cargo-partner plans to expand to 10 more Indian cities, focus on warehousing and e-commerce in 2022

cargo-partner plans to expand to 10 more Indian cities, focus on warehousing and e-commerce in 2022

Wed, Jun 08, 2022

Global logistics service provider cargo-partner on Wednesday announced its plan to expand to 10 more Indian cities in the next two-three years.

SBI revises up FY23 economic growth forecast to 7.5%

SBI revises up FY23 economic growth forecast to 7.5%

Thu, Jun 02, 2022

As per official data, the economy grew by 8.7 percent in FY22, net adding Rs 11.8 lakh crore in the year to Rs 147 lakh crore, the report said, adding this was however only 1.5 percent higher than the pre-pandemic year of FY20.

Coal India to divest 25% stake in BCCL; company plans subsequent listing

Coal India to divest 25% stake in BCCL; company plans subsequent listing

Thu, May 26, 2022

Coal India Ltd announced on Thursday that it is planning to divest 25% stake in its unlisted subsidiary Bharat Coking Coal Ltd (BCCL).

Ashish Kacholia Stocks: This textile scrip may grow by 25% ; ICICI Direct Research lists key triggers

Ashish Kacholia Stocks: This textile scrip may grow by 25% ; ICICI Direct Research lists key triggers

Thu, May 26, 2022

This Ashish Kacholia-backed textile stock, Faze Three, has potential to grow over 25 per cent on the back of strong performance in March quarter earnings during a tough environment, ICICI Direct Research said being bullish on the stock, suggesting to Buy with a target price of Rs 405 per share.

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