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Euro edged lower against the dollar in immediate reaction to deteriorating economic sentiment data from the Euro area. Eurozone Economic Sentiment Indicator dropped from 103.5 to 99.0 in July. Industrial confidence dropped from 7.0 to 3.5. Services confidence dropped from 104.1 to 10.7. Consumer confidence dropped from -23.8 to -27.0. Retail trade confidence dropped from -5.2 to -6.8. Construction confidence dropped from 103.5 to 99.0. […]

Mahindra & Mahindra Financial Services reported consolidated net profit of Rs 239.86 crore in Q1 FY23 as against a net loss of Rs 1,573.40 crore posted in Q1 FY22.

On 5 August 2022

On 6 August 2022

On 2 August 2022

The benchmark indices ended near the days high after a strong session on Thursday. The Nifty closed above the 16,900 mark. Shares across sectors advanced, with financials, IT and bank stocks gaining the most. As per provisional closing data, the barometer index, the S&P BSE Sensex, jumped 1041.47 points or 1.87% to 56,857.79. The Nifty 50 index surged 287.80 points or 1.73% to 16,929.60. In […]

SBI Cards and Payment Services gained 3.97% to Rs 924 after the companys net profit soared 105.81% to Rs 626.91 crore on 31.26% rise in total income to Rs 3,262.85 crore in Q1 FY23 over Q1 FY22.

On 13 August 2022

The company intends to complete this acquisition by Q3FY23.

The Company reported Total comprehensive income (TCI) of Rs332 crore up 33% yoy.