In a dramatic development that threatens to reshape India's cricket broadcasting landscape, Reliance Industries-controlled JioStar has formally notified the International Cricket Council (ICC) th...
Axles India Limited has announced its annual financial results for the fiscal year 2022-2023. Following are the key highlights from the report. Axles India Limited achieved a remarkable milestone in terms of total revenue, reporting Rs. 745.93 crore in FY23. This represented a substantial growth rate of 30.73% compared to the previous fiscal year's revenue of Rs. 572.37 crore. The company's tot...
Key highlights from Mahindra Fastener Limited's annual financial report for the financial year ended March 31, 2023, are as follows: Total revenue increased by 25% to Rs. 139 crore compared to the previous financial year. Total expenses rose by 27% to Rs. 155 crore compared to the previous financial year. Profit before tax grew by 25% to Rs. 20 crore compared to the previous financial year. Ne...
Mohan Meakin, a prominent company in the Indian market, has released its financial results for fiscal year 2022 (FY22) and fiscal year 2023 (FY23). This article aims to provide an overview of the company's financial performance during these periods, highlighting key metrics such as revenue, EBITDA, profitability, cash generation, and valuation. Additionally, a comparison table will be presented to...
1. API Holdings, the parent company of PharmEasy, has requested the Union Health Minister, Mansukha Mandaviya, to expedite the notification of draft e-pharmacy rules. 2. The request comes after the Drug Controller General of India (DCGI) issued show-cause notices to about 20 online pharmacies for alleged violation of norms in February. 3. API Holdings, in a letter to the Health Minister, asked f...
1. According to reports, Tiger Global, a well-known investor with a technology focus, is in negotiations to buy a financial share in the Rajasthan Royals, an Indian Premier League (IPL) franchise. 2. The Rajasthan Royals will receive an investment of about Rs.32 Cr from the New York-based company, who values the franchise at Rs.5200 Cr. whereas Chennai Super Kings is currently valued at ~570...
Investing in the unlisted market can offer unique opportunities for investors looking to diversify their portfolio and potentially earn significant returns. However, navigating this market can be complex, and selecting the right broker is crucial to ensure a seamless and secure investment experience. The Unlisted market is not regulated hence it becomes very important to identify a right broker. ...
Introduction Capital Small Finance Bank, a leading player in India's banking sector, has announced its financial results for FY23. The results reveal a promising growth trajectory, reinforcing the bank's strong position in the market. This article provides a comprehensive analysis of these results, focusing on key financial metrics. Interest Income The bank's interest income, a critical revenue...
NSE Unlisted Shares: A Comprehensive Analysis of FY23 Financial Performance The National Stock Exchange (NSE), one of India's leading stock exchanges, has shown a remarkable financial performance in FY23. This article will delve into the details of NSE's financials, highlighting the key factors contributing to its growth and comparing its valuation with the Bombay Stock Exchange (BSE).Revenue Grow...
Gross Direct Premium Q4FY23 witnessed a significant increase in gross direct premium, reaching ₹1,495.46 Cr compared to ₹1,250.77 Cr in Q3FY23. The growth trend is also reflected in the yearly figures, as the gross direct premium for FY23 reached ₹5,141.52 Cr, a substantial increase from ₹3,880.91 Cr in FY22. This indicates a healthy growth trajectory in generating premium revenue for Care Heal...
The Unthinkable Just Happened Imagine this: A company that started by mailing DVDs in red envelopes just bought one of...
The Story Over the last two years, government agencies auctioned 88 gigawatts of solar and renewable projects...
What's the story? Elon Musk says it. Jeff Bezos believes it. And now Sundar Pichai is betting big on it. By 2030, it co...
How Two US Giants Crushed India's E-commerce Darling In February 2016, Snapdeal stood at the pinnacle of India's e-comm...
What's the story? There's a merger happening between Hinduja Leyland Finance (HLF) and NDL Ventures. The big question:...
What's the story? ICICI Prudential AMC is going public in December at a valuation between ₹1.07-1.11 lakh crore. This g...