L&T Posts A 67% Fall In Net Profit In Its Q2 Earnings
Larsen & Toubro Ltd. (L&T) saw a drop of 67% in its consolidated net profit in its second-quarter earnings, settling at ₹1,819.45 crore from ₹5,520 crore in the year-earlier period. …
Dr Lal PathLabs Buys Suburban Diagnostics In All Cash Deal
New-Delhi based Dr Lal PathLabs Limited (LPL) on Tuesday announced that it has agreed to acquire Suburban Diagnostics (India) Private Limited in an all-cash deal for the company’s total value…
Expert Panels Back Pfizer Inc and BioNTech SE COVID-19 Vaccine For Children 5-11
U.S. Food and Drug Administration ( FDA) experts backed the authorization of the Pfizer Inc and BioNTech SE COVID-19 vaccine for children between the ages of 5 to 11, saying…
Axis Bank Posts Q2FY22 Earnings, Profit Comes In All-Time High At Rs 3,133 crore
Axis Bank in its second-quarter earnings report for the fiscal 22 posted an all-time high quarterly profit of Rs 3,133 crore, an increase of 86 per cent year-on-year (YoY) corresponding…
Tech Mahindra Posts Q2 Earnings Report, Consolidated Profit Falls 1% QOQ
Tech Mahindra Limited, on Monday, reported a consolidated profit after tax (PAT) of Rs 1,339 crore for the second quarter ending September 2021, which declined 1.1 percent from Rs 1,353…
Auditors Need To Be More Professional, Impartial, Value-Driven, Ethical, Says RBI Governor Shaktikanta Das
Shaktikanta Das, governor of the Reserve Bank of India (RBI), stated on Monday that a robust audit system is required for a resilient economy, and the auditing is the cornerstone…
Kotak Mahindra Bank Reports Improved Better Asset Quality, But 7% Fall In Standalone Profit
Mumbai headquartered private sector Kotak Mahindra Bank on Tuesday posted its earnings report for the second quarter ended September 2021 in which it saw a 7 per cent YOY decline…
Canara Bank Stock Decline Despite Posting Strong Net Profit For Sept Quarter
India’s third-largest nationalised bank, Canara Bank, on Tuesday, posted its second-quarter earnings report card in which it reported its net profit three times higher as the concerns for bad loans…
Porter Pools In Funding Worth $100 Million, Valuation Becomes 5x
Logistics tech start-up, Porter pulled in funds worth $100 million (Rs 750 crore) in a Series E funding round led by Tiger Global Management and Vitruvian Partners. Its existing partners…
Why Is the US Seeing Mass Resignation? India Tech Sector Too On The Verge Of Rising Attrition Rate!
During the covid period, getting a job and sustaining it was a big task. All employees hoped that they could manage their work-home balance while working remotely. As offices started…