IndusInd Bank on Friday (October 4) released its business update for the quarter ended September 30, 2024. The bank reported a 13% year-on-year (YoY) growth in net advances to ₹3.57 lakh crore from ₹3.15 lakh crore in the corresponding quarter last year.On a quarter-on-quarter (QoQ) basis, net advances grew 3%, standing at ₹3.48 lakh crore…
State-run Indian Renewable Energy Development Agency (IREDA) Ltd. reported its business update for the April-September period in an exchange filing on Monday evening.For the first half of the current financial year, which ended on September 30, the loans sanctioned by IREDA increased by 303% from last year to ₹17,860 crore from ₹4,437 crore worth of…
New Delhi: Motorcycle maker Royal Enfield on Wednesday said its total wholesales grew 11 per cent year-on-year to 86,978 units in September.The company had dispatched 78,580 units in September 2023.Sales in the domestic market grew 7 per cent to 79,326 units from 74,261 units in the same period last year, Royal Enfield said in a…
Mumbai Adani Airport Holdings is raising Rs 1,950 crore through non-convertible debentures (NCDs) with the primary objective of providing inter-company loans to various airports, including Ahmedabad, Lucknow, Mangalore, Jaipur, Guwahati and Thiruvananthapuram.The NCDs with a coupon rate of 9.35% per annum will primarily cover payments made to the Airports Authority of India relating to prior…
Shares of Ola Electric Mobility declined over 4 per cent on September 30, pushing the stock below the Rs 100 mark for the first time since its listing on the bourses. Moreover, the stock has been in the red in 12 of the last 14 sessions.According to this, it has fallen by more than 16…
New Delhi: Public sector Punjab National Bank (PNB) has raised Rs 5,000 crore by issuing equity shares to qualified institutional investors.PNB said in a statement that, The bank allotted around 48.19 crore equity shares at an issue price of Rs 103.75 per share, which was at a discount of 4.96 percent to the floor price…
Home loan originations declined 9 percent in the June quarter, according to a report released on Monday.Credit information company TransUnion CIBIL said in a report that home loan volumes in value terms were at par with the same period a year ago.The report said outstanding amounts on home loans grew by only 14 percent during…
Paytm share price fell to day’s low of ₹505.55 per share on NSE today (August 26) after the company’s founder Vijay Shekhar Sharma and board members faced show cause notice from SEBI over IPO violations.The market regulator issued a show cause notice to Vijay Shekhar Sharma and board members who served during the initial public…
This week’s tech news includes notable product launches like the OnePlus Buds 3 Pro and TWS earphones from OnePlus. The episode also discusses Google’s Pixel 9 series of smartphones, including the Pixel 9 and Pixel 9 Pro XL, and their features. The discussion also covers the latest upgrades in these devices from Google.
Today is the Raksha Bandhan festival. This festival is a sign of an unbreakable relationship between brothers and sisters. Sister ties Rakhi to her brother’s hand to wish him well. On this sweet-sweet day, brother-sister love and gifts make more fun. Many grandfathers can’t think of what to gift their sister on Rakhi. If you…
