South Indian Bank’s net profit grew by 45% in Q1 of FY25, while Dr Reddy’s Laboratories entered a patent licensing agreement with Takeda. Asian Paints reported a 25% decline in net profit, but saw a slight recovery in the market. Markets expect the Fed to slash interest rates by 98% in September. Various financial institutions have issued ratings and target price updates for companies like Go DIgit, Infosys, Havells, ONGC, and more. Additionally, several companies have announced dividends and stock splits.
read moreAmit Syngle
0 posts last weekIndian Companies Expand Operations and Develop New Financial Solutions
Mahindra and Mahindra Financial Services Ltd. partners with IBM to develop a unified digital platform, while Power Finance Corporation Limited establishes a wholly owned subsidiary in Gujarat. Kiri Industries Limited plans to establish a subsidiary in Singapore, and Aditya Birla Capital ramps up digital capabilities. Additionally, there are updates on natural gas prices, water treatment plant inauguration, Airtel’s retail network expansion, and various developments in the stock market.
read more