Apollo Hospitals reports a 36% rise in quarterly net profit to ₹529 crore, announces a final dividend of ₹10 per share, and reappoints founder-chairman Prathap C Reddy, signalling strong growth and strategic stability. Apollo Hospitals Enterprise is handing shareholders another…
Nuvama maintains a buy rating on Godrej Consumer Products, citing strong international performance, domestic market-share gains, and expansion into new categories, despite near-term margin pressures and leadership changes. Nuvama has kept a buy call on Godrej Consumer Products even after…
GuruFocus’ latest valuation models present conflicting views on Infosys, highlighting the complexities and uncertainties in assessing the Indian IT giant’s true worth amid divergent earnings and cash flow estimates. Infosys is drawing a mixed verdict from valuation models, with GuruFocus’…
Investors await the allotment results after strong demand for Technocraft Ventures’ Rs 251.88 crore IPO, which was subscribed nearly 39 times, with listing scheduled for August 14. Investors in Technocraft Ventures’ initial public offering are expected to learn their allotment…
EIH Limited announced significant revenue growth in its Q1 FY27 earnings, driven by higher room rates and domestic demand, despite facing margin pressures from rising costs and operational factors. EIH Limited said on its first-quarter FY27 earnings call that revenue…
The Reserve Bank of India has unveiled draft rules to standardise and clarify how lenders set interest rates, aiming to boost transparency and consumer protection while keeping borrower repayments stable. The Reserve Bank of India has moved to tighten and…
The Indian Rice Exporters Federation and S&P Global Energy highlight the risk of a 9 million tonne fall in rice output by 2026-27 due to prolonged El Niño, signalling potential disruptions and shifting trade flows amid rising production costs. The…
The Reserve Bank of India has proposed new guidelines requiring banks to implement kill-switches and rigorous oversight for AI systems, marking a shift towards treating AI as an operational risk rather than just a productivity tool. Banks in India may…
EDGE and Socure have launched EDGE Screen, a combined screening platform that leverages cashflow data and AI-based identity signals to help lenders identify fraud earlier in the credit process, potentially reducing costs and improving decision-making. EDGE has teamed up with…
KFin Technologies launches Klarity, an advanced artificial intelligence system designed to detect signature forgery and improve authentication processes across banking, fund management, and insurance workflows, promising significant efficiency gains and heightened security. KFin Technologies has launched Klarity, an artificial intelligence…
