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The housing finance major has hiked its Retail Prime Lending Rate (RPLR) on housing loans by 25 basis points, with effect from 9 August 2022.

On consolidated basis, Power Grid Corporation of Indias net profit tumbled 36.6% to Rs 3,801.19 crore in Q1 FY23 as against Rs 5,998.28 crore recorded in Q1 FY22.

WTI Crude oil futures are consolidating around $90 per barrel mark as a modest pullback from six month low is failing to hold on. Selling pressure continued to cap advances for the commodity and the WTI Crude oil futures are currently trading at $89.99 per barrel, down 0.85% on the day. MCX Crude oil futures will likely see a modest start following this after a […]

Sales rise 21.67% to Rs 32.96 crore

Business Wire India Kennect, a Delaware and Mumbai-based Software-as-a-Service sales acceleration start-up, has raised $700k in seed funding led by FortyTwo VC. FortyTwo VC is a Dallas, Texas-based venture fund with an investment focus on disruptive enterprise tech opportunities.   Kennect’s no-code platform allows enterprises to design, simulate and automate their incentive plans. The startup aims to become the preferred and most flexible, intuitive, user-friendly solution […]

On 09 August 2022

At meeting held on 09 August 2022

Increase in input costs expected to have put pressure on margins in the quarter

The tyre makers consolidated net profit slipped 29% to Rs 119.46 crore despite of a 36.14% rise in net sales to Rs 5,695.93 crore in Q1 FY23 over Q1 FY22.

Company likely to post one of the highest growth in PAT among peers during the quarter.