Spectrum auctions ended on Wednesday with the Centre receiving bids value simply over ₹11,000 crore as Reliance Jio, the largest purchaser of pan-India 5G spectrum within the earlier spherical of public sale, restricted its buy of airwaves in solely two circles: Bihar and West Bengal. Bharti Airtel emerged as the most important spender within the … Read more
Sony Photos Networks India (SPNI) introduced the appointment of Gaurav Banerjee as the brand new Managing Director and Chief Govt Officer (CEO), efficient on or earlier than August 26, 2024, pending regulatory approvals. Banerjee will succeed NP Singh, who has had a 25-year profession within the broadcasting agency. Singh introduced his plans to step down … Read more
Stanley Life Ltd (SLL), headquartered in Bengaluru, is a producer and retailer of premium, luxurious and ultra-luxury furnishings. It’s the fourth largest by income in India within the residence furnishings section and operates 62 shops pan-India, throughout 25 cities, with a predominance within the South, which contributes to round 80 per cent of income. The … Read more
Gautam Hari Singhania-led Raymond has the potential to generate a income of ₹25,000 crore by growth of its land financial institution in Thane. The Group has about 100 acres of land in Thane with 11.4 million sq ft RERA authorized carpet space, of which about 40 acres are presently beneath growth. There are 5 ongoing … Read more
Foolish Monks, a small-cap listed firm on the NSE engaged in digital leisure and content material distribution, has reported a turnaround after 4 ‘difficult years’. The corporate reported a web revenue of ₹23 lakh within the fourth quarter ended March 31, 2024, as in opposition to a lack of ₹3.81 crore in the identical quarter … Read more
Goal: ₹525 CMP: ₹409.35 In Q4FY24, Yatharth Hospital & Trauma Care Providers Ltd exhibited sturdy monetary efficiency throughout key indicators. The hospital reported a big development of 23.6 per cent y-o-y on income, reaching ₹1,780 crore for the primary time. EBITDA recorded a development of 21 per cent, however the margin barely contracted by 58bps, … Read more
Public sector energy generator NTPC posted a consolidated web revenue of ₹6,490.05 crore for the fourth quarter of 2023-24, up 33 per cent from ₹4,871.5 crore in 2022-23. Additionally learn: NTPC goals for 40 MMT coal manufacturing in FY25 The standalone complete earnings of the corporate for the monetary 12 months stood at ₹1,65,707 crore, … Read more
Fintech agency Zaggle has reported a web revenue of ₹19.16 crore within the fourth quarter ended March 31, 2024, a rise of over 1.5 occasions over ₹7.56 crore web revenue that it reported in the identical quarter final 12 months. Additionally learn: Simple Journey Planners companions with Zaggle Pay as you go The corporate registered … Read more
Muthoot Capital Companies Restricted (MCSL) has posted a internet revenue of ₹11.68 crore for the quarter ending March 31, recording a progress of 17 per cent from Q3. In a year-on-year comparability with the identical interval of the final monetary yr, the online revenue elevated from ₹78.68 crore to ₹122.66 crore, a progress of 55 … Read more
Report surplus switch from the Reserve Financial institution of India is estimated to have influence as much as 30 foundation factors of GDP on authorities funds, Finance Secretary TV Somnathan stated. In the meantime, one other official stated that influence on authorities funds can’t be immediately translated into fiscal deficit quantity. “Switch of ₹ … Read more