Financial Performance
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"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
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Lucky Bhaskar OTT Release Date: Dulquer Salmaan Starrer Movie Might Stream Soon
Dulquer Salmaan’s Lucky Bhaskar, directed by Venky Atluri, made a strong theatrical debut on 31 October and is soon expected on Netflix. This period crime drama follows Bhaskar, a middle-class banker who faces life-changing challenges in his pursuit of financial freedom. Fans can stream Lucky Bhaskar on Netflix from 30 November, pending confirmat...
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Hyundai Motor India IPO Lists Below Issue Price, Falls By 3 Per Cent Soon After Debut
Despite Hyundai's strong market presence and robust financial performance, several factors may have contributed to the weak debut.
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NDTV Announces Robust Q1 with Revenue Growth of 34% Year-On-Year
NDTV, India's premier news network, announced today its financial results for Q1, FY 2024-2025. The Company reported a significant increase in revenue, outpacing the performance of the previous year's first quarter by a substantial margin.
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Profit Growing, Hiring, Salaries Not So Much: Centre's Message To India Inc
The corporate sector in India has been posting impressive financial performances, but recruitments and salary growth of employees have not kept up with the companies' profit, the government has said in the Economic Survey.
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Banking Sector Witnessing A Decade-High Performance: RBI
As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).
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Adani Portfolio Delivers Record Performance In 2023-24, EBITDA Up 45%
In the recently concluded financial year 2023-24, the Adani Group of companies performed its best, delivering a record overall EBITDA growth of 45 per cent.
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GPT-4 Outperforms Human Analysts in Financial Statement Analysis, Claims Research
GPT-4 can outperform human analysts when it comes to predicting the future on the basis of financial statement analysis, claimed a new research paper. The paper, which has been published in a preprint journal found in its tests that GPT-4 gave superior results compared to human counterparts in the short-term period (ranging between one month to six...
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NDTV Reports Q4 Earning With 59% Revenue Growth Y-O-Y
NDTV Group announces its financial performance for Q4, 2023-2024, marked by a 59% revenue growth compared to the same period last year.
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WB Puts Faith in Live Service Model Despite Suicide Squad's Failure, Hints Shift Away From Triple-A Games
Warner Bros. Games remains undeterred by the sub-par financial and critical performance of Suicide Squad: Kill the Justice League and plans to further lean into the live service model for its games going forward. J.B. Perrette, CEO and President, Global Streaming and Games at Warner Bros. Discovery, laid out the company’s games strategy at a rece...
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Sony Quarterly Profit Slides 31 Percent as Movie Business Disappoints, PS5 Sales Bring Relief
Japan's Sony on Wednesday said first-quarter profit tumbled due to weaker performances from its movies and financial businesses. In April-June, operating profit slid 31% to 253 billion yen ($1.8 billion), in line with estimates.
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Rs 14.56 Lakh Crore Written Off As Bad Loans Since 2014: Finance Ministry
Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed on Monday.
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KuCoin CEO Defends Company's Financial Position After Crypto Firm Reportedly Lays Off 30 Percent of Workforce
KuCoin has reportedly fired 30 percent of its workforce just days after tightening its KYC policy. In damage control, KuCoin CEO Johnny Lyu tweeted a clarification noting that the company’s finances were not an issue and that hiring and firing employees are part of day-to-day corporate functioning.
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Byju's Close to Achieving Profitability at the Group Level, Claims CEO
Edtech major Byju's is growing slowly but sustainably and is close to achieving profitability at the group level, the company's CEO Byju Raveendran said on Thursday. The company organised a town hall with Raveendran to allay apprehensions about the uncertainty around the company's growth and its future.
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Twitter Employees Sue Social Media Company, Claiming It Refuses to Pay 2022 Bonuses Despite Promises
Twitter employees sued the Elon Musk-led company claiming it refuses to pay 2022 bonuses, despite promises that they would be paid out at 50 percent of their target amounts. As per the lawsuit filed in San Francisco federal court, Twitter has a cash performance bonus plan that is paid out annually and in the months leading up to Elon Musk’s acqui...
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"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
-
Lucky Bhaskar OTT Release Date: Dulquer Salmaan Starrer Movie Might Stream Soon
Dulquer Salmaan’s Lucky Bhaskar, directed by Venky Atluri, made a strong theatrical debut on 31 October and is soon expected on Netflix. This period crime drama follows Bhaskar, a middle-class banker who faces life-changing challenges in his pursuit of financial freedom. Fans can stream Lucky Bhaskar on Netflix from 30 November, pending confirmat...
-
Hyundai Motor India IPO Lists Below Issue Price, Falls By 3 Per Cent Soon After Debut
Despite Hyundai's strong market presence and robust financial performance, several factors may have contributed to the weak debut.
-
NDTV Announces Robust Q1 with Revenue Growth of 34% Year-On-Year
NDTV, India's premier news network, announced today its financial results for Q1, FY 2024-2025. The Company reported a significant increase in revenue, outpacing the performance of the previous year's first quarter by a substantial margin.
-
Profit Growing, Hiring, Salaries Not So Much: Centre's Message To India Inc
The corporate sector in India has been posting impressive financial performances, but recruitments and salary growth of employees have not kept up with the companies' profit, the government has said in the Economic Survey.
-
Banking Sector Witnessing A Decade-High Performance: RBI
As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).
-
Adani Portfolio Delivers Record Performance In 2023-24, EBITDA Up 45%
In the recently concluded financial year 2023-24, the Adani Group of companies performed its best, delivering a record overall EBITDA growth of 45 per cent.
-
GPT-4 Outperforms Human Analysts in Financial Statement Analysis, Claims Research
GPT-4 can outperform human analysts when it comes to predicting the future on the basis of financial statement analysis, claimed a new research paper. The paper, which has been published in a preprint journal found in its tests that GPT-4 gave superior results compared to human counterparts in the short-term period (ranging between one month to six...
-
NDTV Reports Q4 Earning With 59% Revenue Growth Y-O-Y
NDTV Group announces its financial performance for Q4, 2023-2024, marked by a 59% revenue growth compared to the same period last year.
-
WB Puts Faith in Live Service Model Despite Suicide Squad's Failure, Hints Shift Away From Triple-A Games
Warner Bros. Games remains undeterred by the sub-par financial and critical performance of Suicide Squad: Kill the Justice League and plans to further lean into the live service model for its games going forward. J.B. Perrette, CEO and President, Global Streaming and Games at Warner Bros. Discovery, laid out the company’s games strategy at a rece...
-
Sony Quarterly Profit Slides 31 Percent as Movie Business Disappoints, PS5 Sales Bring Relief
Japan's Sony on Wednesday said first-quarter profit tumbled due to weaker performances from its movies and financial businesses. In April-June, operating profit slid 31% to 253 billion yen ($1.8 billion), in line with estimates.
-
Rs 14.56 Lakh Crore Written Off As Bad Loans Since 2014: Finance Ministry
Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed on Monday.
-
KuCoin CEO Defends Company's Financial Position After Crypto Firm Reportedly Lays Off 30 Percent of Workforce
KuCoin has reportedly fired 30 percent of its workforce just days after tightening its KYC policy. In damage control, KuCoin CEO Johnny Lyu tweeted a clarification noting that the company’s finances were not an issue and that hiring and firing employees are part of day-to-day corporate functioning.
-
Byju's Close to Achieving Profitability at the Group Level, Claims CEO
Edtech major Byju's is growing slowly but sustainably and is close to achieving profitability at the group level, the company's CEO Byju Raveendran said on Thursday. The company organised a town hall with Raveendran to allay apprehensions about the uncertainty around the company's growth and its future.
-
Twitter Employees Sue Social Media Company, Claiming It Refuses to Pay 2022 Bonuses Despite Promises
Twitter employees sued the Elon Musk-led company claiming it refuses to pay 2022 bonuses, despite promises that they would be paid out at 50 percent of their target amounts. As per the lawsuit filed in San Francisco federal court, Twitter has a cash performance bonus plan that is paid out annually and in the months leading up to Elon Musk’s acqui...
