ICICI Q1 profit zooms 40% to Rs 9,648 crore, Kotak jumps 67%
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 ...
AI tech to boost capability, won’t lead to job loss: Minister
NEW DELHI: Asserting that the advent of Artificial Intelligence (AI) will not lead to job losses in India, minister of state for electronics and IT Rajeev Chandrasekhar said on Friday that the governm ...
HDFC Bank becomes 2nd most valuable company; TCS falls to 3rd place
NEW DELHI: HDFC Bank on Thursday became the second most valuable company by market capitalisation, overtaking IT behemoth Tata Consultancy Services.At the close of trade, HDFC Bank, which recently com ...
India Inc remains susceptible to cyber attacks: Rubrik
NEW DELHI: As digital engagement gets deeper and sophisticated in India, a significant number of companies and organisations in the country increasingly face the threat of cyber attacks, including ran ...
Foxconn buys equipment from Apple for expansion in India
Foxconn Technology Group has bought $33 million worth of equipment from an Apple unit for its operations in India over the past year, signaling the key iPhone assembler’s accelerating expansion in the ...
HDFC Bank posts bigger-than-expected jump in Q1 profit
MUMBAI: HDFC Bank, India's largest private lender, on Monday reported a bigger-than-expected 30% jump in first-quarter profit, helped by higher net interest income (NII) and strong loan growth.The len ...