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July 28, 2023 in Indian Business News

IOC net vaults to decade high of Rs 13,750cr in Q1

Premiums.in Editor 0 Like Post Comments Off on IOC net vaults to decade high of Rs 13,750cr in Q1

NEW DELHI: India’s largest oil refiner and fuel retailer IndianOil on Friday posted a net profit of Rs 13,750 crore in the June quarter against a loss of Rs 1,992 crore a year ago as a drop in oil pri ...

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July 27, 2023 in Indian Business News

Info Edge, Rahul Yadav’s 4B Networks to enter arbitration

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NEW DELHI: The dispute between Info Edge and its portfolio company 4B Networks has reached arbitration after the management of the proptech startup led by Rahul Yadav failed to furnish details to the ...

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July 26, 2023 in Indian Business News

Tech Mahindra reports disappointing Q1 numbers; net profit falls 38% to Rs 692.5 crore

Premiums.in Editor 0 Like Post Comments Off on Tech Mahindra reports disappointing Q1 numbers; net profit falls 38% to Rs 692.5 crore

MUMBAI: The country's fifth largest IT services company Tech Mahindra on Wednesday reported a 38 per cent fall in June quarter net profit at Rs 692.5 crore due to a sharp narrowing of the profit margi ...

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July 25, 2023 in Indian Business News

L&T profit jumps 36 per cent to Rs 3,116.12 crore in Q1

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NEW DELHI: Larsen and Toubro (L&T) on Tuesday posted a 36 per cent rise in consolidated net profit to Rs 3,116.12 crore in the June quarter, mainly helped by higher income.The company's board has ...

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July 24, 2023 in Indian Business News

Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23

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NEW DELHI: The Employees Provident Fund Organisation (EPFO) on Monday announced an interest rate of 8.15% for Employees' Provident Fund (EPF) accounts for the financial year 2022-23.The announcement w ...

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July 22, 2023 in Indian Business News

ICICI Q1 profit zooms 40% to Rs 9,648 crore, Kotak jumps 67%

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MUMBAI: ICICI Bank has reported a record net profit of Rs 9,648 crore in Q1-2024—a 39.7% increase from Rs 6,905 crore in Q1-2023.Meanwhile, Kotak Mahindra Bank exceeded analyst estimates to report a 6 ...

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