Kotak Bank Q4 Results Review: RBI Embargo Resolution, Mid-Management Stability Are Key
Although the bank reported strong fourth-quarter profitability, the Reserve Bank of India's embargo resolution and mid-management stability are key monitorable factors.
ETMarkets Smart Talk: 80% of portfolio to be invested in manufacturing theme businesses: Rakesh Sethia
Rakesh Sethia from HDFC AMC Ltd. emphasizes the investment strategy of allocating 80% to manufacturing-themed businesses with growth potential. He advises long-term investment in the Indian market despite risks, citing government support for manufacturing and infrastructure. Sethia says: /'We continue to remain optimistic on government focus on infrastructure and manufacturing and expect a broader policy continuity./'
Titan Q4 results review: Brokerages slash target prices, high gold prices to hit demand
Titan's near-term growth outlook appears subdued due to high gold inflation, which is affecting demand sentiments.
REC Eyes Rs 40,000 Crore Net Profit In Next Five Fiscals
The company's target to be a zero net non performing asset company is going to help drive the profit growth. It expects Rs 1,500-2,000 crore in write backs in FY25
Muthoot Finance Arm Belstar Microfinance Files Papers For Rs 1,300-Crore
The IPO is a combination of fresh issue of equity shares worth Rs 1,000 crore and an offer-for-sale of Rs 300 crore.
Buffett says India has 'unexplored' opportunities
Buffett's remarks came at Berkshire's annual meeting on Friday when Rajeev Agarwal of DoorDarshi Advisors, a US-based hedge fund that invests in Indian equities, asked him about the possibility of Berkshire exploring in India, the world's fifth-largest economy. 'It is a very good question. I am sure there are loads of opportunities in countries like India,' he said.
M&M Fin Q4 net falls 10% on provisions, interest costs
Standalone net profit fell to ₹619 crore in the quarter from ₹684 crore a year ago, largely as total provisions increased to ₹341 crore in March 2024 from just ₹38 lakh in the quarter ended March 2023, results released late Saturday night showed.
Mahindra Finance reports 10% drop in Q4 net profit at Rs 619 crore
The non-banking finance company also said that in a fact-finding assessment of the fraud in its Aizawl branch during the quarter identified 2,887 loan accounts as potentially fraudulent in nature.