News Overview

This move is a strategic expansion of TVSM's electric two-wheeler presence in Southeast Asia, where two-wheeler demand remains high.

The tax department had questioned Mphasis's payments to its overseas subsidiaries and group enterprises, claiming that the company did not deduct tax at source (TDS) on the transactions.

Total global advances also grew 12.88% YoY to ₹12.3 lakh crore vs ₹10.9 lakh crore last year.

Total deposits increased 11.8% YoY to ₹1.51 lakh crore, compared to 7.2% growth sequentially in the last quarter.

Overall loan growth was affected due to a 3.6% YoY decline in corporate and other wholesale loans.

IDBI Bank had posted a 31% year-on-year growth in consolidated net profit to ₹1,908 crore for Q3 FY25, as against ₹1,458 crore in the same quarter last year.

The bonds have a 10-year tenure and will be redeemed at par upon maturity. Investors will receive annual interest payments during the bond’s lifespan.

The new service has opened a direct and seamless way for travelers to visit Nepal’s cultural and natural attractions, with bookings now available.

The new facility would be the first private railway heavy engineering industry in Odisha, contributing enhanced role of the State in Railway infrastructure development.

The rebranding comes in line with Zomato’s strides beyond the food delivery business into several business segments and is a reflection of the diversified scope of Zomato’s operations.