SHARES OF BANKS fell by 2%-8% on Monday after lenders reported lower-than-expected growth in advances and deposits.
Union Bank of India emerged as the top loser, with its shares plummeting 8%. It was followed by Bank of Baroda, which saw a 5% decline. Shares of Punjab National Bank fell by 4% while Central Bank reported a 3.5% decline. Bank of India witnessed a 3% fall while HDFC Bank shares slipped by 2%.
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Zee Q3 profit jumps 180%; revenue falls
ZEE ENTERTAINMENT reported a 179.7% year-on-year rise in its consolidated net profit at â¹163.6 crore for the third quarter of the financial year 2024-25 (Q3FY25).
Grade A warehousing mkt to hit 700 mn sq ft
THE LOGISTICS AND industrial real estate sector saw major growth, with Grade A warehousing in eight cities increasing from 88 million sq. ft in 2019 to 238 million sq ft in 2024 (22% CAGR).
CCPA Notices to Ola, Uber Over Price Disparity Complaints
The Consumer Protection Authority (CCPA) has issued notices to tech giant Apple and cab aggregators Ola and Uber following consumer complaints about software performance and pricing disparities, Consumer Affairs Minister Pralhad Joshi said on Thursday.
UltraTech Cement Q3 profit at â¹1,473.51 cr; stock surges 7%
ADITYA BIRLA GROUP firm UltraTech Cement on Thursday reported a consolidated net profit of â¹1,473.51 crore for the third quarter ended December 31, 2024.
West Asia and North Africa Top Market for Engineering Exports
WEST ASIA AND North Africa (WANA) emerged as the biggest buyer of engineering products from India for the first time ever in December, pushing North America to the second slot, the commerce ministry data showed.
In Dalit colonies, AAP schemes outrank Constitution issues
THE OPEN DRAIN outside the chaupal at Nai Basti, a Dalit-dominated colony in South Delhi's Deoli, is overflowing.
Infra.Market Raises $126 Million
CONSTRUCTION MATERIALS SOLUTIONS firm Infra.Market has successfully raised approximately $120 million (â¹1,050 crore) in its pre-IPO funding round, according to sources aware of the matter.
Setting a cat among the pigeons
THE WORLD SHOULD EXPLORE NIMBLE, COST-EFFECTIVE OPTIONS TO THE STARGATE APPROACH
$100-bn court challenge for Goldman and friends
BANKS ARE USED to fending off litigation. Goldman Sachs Group's most recent annual report includes 14 pages of fine print detailing all the proceedings it faces.
Kotak Bank Acquires StanChart's â¹3,330-Cr Personal Loan Portfolio
KOTAK MAHINDRA BANK on Thursday said it has completed the acquisition of the â¹3,300-crore personal loan book of Standard Chartered Bank India following regulatory approvals.
