Synopsis HDFC Life Insurance's Q1 FY25 net profit increased by 15% year-on-year to ₹479 crore. Additionally, the net premium income for the April-June quarter rose by 9%, reaching ₹12,548 crore, compared to ₹11,508 crore in the same period l

Alternative Investment Funds (AIFs), through their representative body, are planning to formally request the Securities and Exchange Board of India (SEBI) to permit more flexible fund strategies for accredited investors, including higher derivatives

Synopsis Bank of Maharashtra reported a notable increase in its Q1 net profit, which surged by 46.6% to ₹1,293.5 crore. The bank also experienced strong growth in its net interest income (NII), which rose by 20% year-on-year (YoY) to ₹2,799 cr

Swiggy and Zomato have both increased their platform fees to ₹6 per order in an effort to boost profitability. This marks a 20% hike from the previous ₹5 fee and is being initially implemented in Bengaluru and Delhi. The platform fee is separate

Synopsis On Friday, the Indian Renewable Energy Development Agency (IREDA) announced a net profit increase of over 30%, reaching ₹383.69 crore for the June quarter, primarily due to higher revenues. IREDA Q1 Results Highlights On Friday, t

Synopsis On Friday, July 12, HCL Technologies announced a 20.45% rise in net profit, reaching ₹4,257 crore, up from ₹3,534 crore in the corresponding quarter of the previous year. Additionally, revenue from operations increased by 6.69%, total

Synopsis The company reported acquiring 3.25 million square feet and achieving a 39% growth in collections for the June quarter compared to the same period last year. Additionally, it recorded pre-sales amounting to ₹1,128 crore. Puravankara

Synopsis Tata Consultancy Services Ltd. (TCS) recorded a net profit of ₹12,040 crore, marking a 3.2% decline from the March quarter. The company's revenue grew by 2.2% reaching ₹62,613 crore. The company also declared an interim dividend

Synopsis The company's revenue from operations declined 30.3% to ₹180.7 crore against ₹259.3 crore in the year-ago period. Shares of Delta Corp Ltd ended at ₹142.85, down by ₹2, or 1.38%, on the BSE. Delta Corp Q1 Results Highlights

Synopsis GM Breweries reported a net profit of ₹24.9 crore for the April-June period, marking a 25% increase compared to the same period last year. GM Breweries Q1 Results Highlights GM Breweries reported a net profit of ₹24.9 crore for

L&T Semiconductor Tech, a wholly owned subsidiary of L&T, has entered into an agreement to acquire SiliConch Systems for an upfront payment of ₹133 crore, with an additional deferred payment of ₹50 crore to be made over the next four year

Adani group companies, Adani Enterprises Ltd and Adani Energy Solutions, are preparing to enter the markets soon through qualified institutional placement (QIP) offerings, aiming to raise up to $2.5 billion, according to sources familiar with the gro