[ad_1] State-owned engineering major Bharat Heavy Electricals Limited (BHEL) posted a 19% year-on-year increase in revenue, reaching Rs 27,350 crore (provisional and unaudited) for the financial year 2024–25, the company announced on Sunday.Marking a standout year, BHEL also recorded its highest-ever annual order inflow of Rs 92,534 crore. With this, the company’s total order book…
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[ad_1] Representative image (Picture credit: AP) Commercial plane prices are set to rise as aviation giants are facing added pressure amid US President Donald Trump’s tariff push against global trade.The cost of planes has already soared by about 30 per cent since 2018, largely due to post-pandemic supply chain issues and rising input costs. Additionally,…
[ad_1] MUMBAI: India’s forex reserves increased by $1.5 billion to $677.8 billion for the week ended April 11, RBI said on Friday. This is the sixth consecutive week of a rise. The overall reserves jumped by $10.8 billion to $676.2 billion in the previous reporting week ended April 4. Forex reserves touched an all-time high…
[ad_1] Private sector lender Yes Bankon Saturday reported a 63.3% year-on-year (YoY) increase in standalone net profit to Rs 738 crore for the March quarter. Net interest income (NII) also rose by 5.7% YoY to Rs 2,276.3 crore.Both net profit and NII exceeded Street estimates.During the quarter, the bank’s interest income grew by 2.3% YoY…
[ad_1] HDFC and ICICI Bank to announce Q4 results today HDFC Bank and ICICI Bank, two of India’s largest private sector lenders, are set to announce their financial results for the fourth quarter of FY2024-25 on Saturday, according to BSE calendar. As of March 31, 2025, HDFC Bank’s period-end advances stood at Rs 27.73 lakh…
[ad_1] HDFC Bank, the country’s largest private sector lender, reported a 6.7% rise in standalone net profit for the fourth quarter of FY25, reaching Rs 17,616 crore, up from Rs 16,512 crore in the same period last year.According to a regulatory filing on Saturday, the bank’s total income stood at Rs 89,488 crore during the…
[ad_1] The interest rate cuts by the RBI and falling inflation have boosted returns of debt mutual funds. Find out which category of debt fund should you buy nowDebt funds are on a roll, thanks to the rate cuts by the RBI and the decline in inflation over the past few months. A cut in…
[ad_1] ICICI Bank board has recommended a dividend of Rs 11 per share for the financial year 2024-25, following a robust financial performance in the fourth quarter. The bank’s board recommended the dividend after reporting a strong 18% year-on-year growth in standalone net profit, which rose to Rs 12,630 crore for the January-March quarter, compared…
[ad_1] HDFC Bank has announced a final dividend of Rs 22 per equity share for the financial year 2024-25. This translates to a 2,200% pay-out on the face value of Re 1 per share and is subject to approval by shareholders.The bank has fixed June 27, 2025, as the record date to determine shareholders eligible…
