Market News Top 10 News SBI Reports 55% YoY Rise in Net Profit in Q1 – Top Indian Market News State Bank of India Q1 Results: Net profit rises 55% YoY to Rs 6,504 crore State Bank of India (SBI) reported a 55.2% YoY increase in net profit to Rs 6,504 crore for the quarter ended June (Q1 FY22). Its net interest income (NII) rose 3.7% YoY to Rs 27,638 crore during the same period. […] Written by Cherian Varghese August 4, 2021August 4, 2021
Market News Top 10 News Services PMI Falls to 41.2 in June – Top Indian Market News India’s services PMI falls to lowest level in 11 months in June India’s services sector activities fell to their lowest level in 11 months as new businesses and output declined. The IHS Markit India Services Purchasing Managers’ Index (PMI) stood at 41.2 in June, compared to 46.4 in May. PMI is a month-on-month calculation and […] Written by Cherian Varghese July 5, 2021July 5, 2021
Market News Top 10 News Godrej Consumer Reports 59% YoY Rise in Net Profit in Q4 – Top Indian Market News Godrej Consumer Q4 Results: Net profit rises 59% YoY to Rs 366 crore Godrej Consumer Products Ltd (GCPL) reported a 59.13% year-on-year (YoY) increase in consolidated net profit to Rs 365.84 crore for the quarter ended March (Q4). On a quarterly basis, net profit has declined by 27%. Its revenue from operations rose 27% YoY […] Written by Cherian Varghese May 11, 2021May 11, 2021
Editorial Godrej Consumer Products: An Analysis As you may know, the FMCG industry in India is highly competitive. Companies such as Tata Consumer Products, Hindustan Unilever, Dabur, ITC, and Britannia have time and again launched some of the best brands and products that have become a big part of our lives. These firms have kept a constant track of rapid changes […] Written by Cherian Varghese April 7, 2021April 7, 2021
Market News Top 10 News Godrej Consumer’s Q3 Profit Rises 12% YoY to Rs 502 crore – Top Indian Market News Godrej Consumer Q3 Results: Net profit rises 12% YoY to Rs 502 crore Godrej Consumer Products reported a 12.77% YoY increase in consolidated net profit to Rs 502.08 crore for the quarter ended December (Q3). Its revenue from operations rose 9.98% YoY to Rs 2,778.05 crore during the same period. The company’s Household Insecticides, Hygiene, […] Written by Cherian Varghese February 8, 2021February 8, 2021
OYO Rooms Files For IPO: Pre-IPO Review Oravel Stays Limited, popularly known as OYO Rooms, has filed its Draft Red Herring Prospectus (DHRP) with the Securities and Exchange Board of India (SEBI). The papers filed by OYO are not final and give only insight into its intention, business model, and the challenges it faces before the IPO. The loss-making company with a […] Written by Maarg Vaidya October 7, 2021October 7, 2021
Cholamandalam Muragappa Group Analysis India has witnessed the rise of numerous business conglomerates that have drastically fueled the growth of the country. From the houses of Tata, Godrej, and Birla to the new age Reliance and Adani Group, the list goes on. In today’s editorial, we shall analyse the 121 age-old business empire— the Murugappa group. Business Profile The […] Written by Anand P M October 6, 2021October 6, 2021
Will a Bad Bank Save India’s Banking Sector? The Central government has come up with a vital measure to tackle the looming bad loans crisis in India’s banking sector. They have established a bad bank to take over bad debts worth Rs 2 lakh crore from public sector banks. There has been a lot of hype regarding the institution lately. In today’s article, […] Written by Cherian Varghese October 5, 2021October 5, 2021
