Latest business news
Private sector lender Kotak Mahindra Bank on Saturday announced the promotion of Paritosh Kashyap, currently group president, to the post of executive director (ED), subject to regulatory approvals. Kashyap has been with the Kotak Group for over three decades and has been heading the wholesale banking business since 2022. He has led several key businesses,…
India’s third biggest mutual fund house further reduced its stake in the Mahindra group company — Mahindra Holidays & Resorts — to 5.13%. The hotel company stock, down 10% in the last one year, has seen a significant reduction in the stake held by HDFC Mutual Fund over the last seven years. From a 7.34%…
Happy Mother’s Day: Anand Mahindra took to X, formerly Twitter, to share a heartfelt tribute on the occasion of Mother’s Day. Except, that Anand Mahindra’s wish, this year, was a tribute to “Mothers of India’s brave hearts”, the “silent sentinels.” Anand Mahindra posted on X: “This Mother’s Day, I bow in tribute to the Mothers…
Kotak Mahindra Bank Q4 Results: Kotak Mahindra Bank announced its January to March quarter results on Saturday, May 3. The institutional lender recorded a 14 per cent fall in its net profits to ₹3,552 crore due to the increase in provision for bad loans in the quarter ended March 31, 2025, compared to ₹4,133 crore…
Q4 results today: The earnings season has entered the second month with major companies, including tech giants TCS, HCL Tech, and Infosys, as well as leading banks such as HDFC Bank, ICICI Bank, and Yes Bank, have already declared their financial results for the quarter/year ended March 31, 2025. According to the BSE calendar, India’s…
Tech Mahindra Dividend: Tech Mahindra announced a final dividend of 600 per cent at ₹30 per equity share for FY25, while declaring it’s January-March quarter results for FY25. “Recommended Final Dividend of Rs. 30/- per equity share of the face value of Rs. 5/- each (600 per cent) for the financial year ended 31st March,…
Tech Mahindra Q4 Results: IT services company Tech Mahindra on Thursday reported a 76.5% growth in consolidated net profit for the quarter ended March 31, 2025 (Q4FY25). The bottom line stood at ₹1,166.7 crore (attributable to shareholders of the company), compared to ₹661 crore reported in the same period last year. Revenue from operations in…
Q4 results today: Indraprastha Gas, Mahindra Logistics, Alok Industries, and Tata Investments, among at least 16 companies releasing their Q4FY25 results today, on April 21. For the earnings ahead, Vinod Nair, Head of Research, Geojit Investments feels that a sector-specific or stock-specific investment strategy is likely, “driven by upcoming earnings releases and subsequent management commentary,…
Dividend stocks: HDFC Bank, ICICI Bank, Muthoot Finance, HCL Technologies, Mahindra Logistics will be declaring dividend soon. These companies have announced the dates for Financial Results and dividend payout Dates for dividend consideration HDFC Bank – The HDFC Bank had informed that the meeting of the Board of Directors of the Company is scheduled on…