Joint Parliamentary Committee discusses Waqf Amendment Bill (16-10-2024)
Representatives from the Ministry of Minority Affairs were present to provide insights into the bill’s objectives and potential benefits. The amendments aim to address existing shortcomings in the administration and management of Waqf properties, ensuring more efficient and effective oversight.
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (16-10-2024)
Compared to other Private banks, KMB has more potential to do value-unlocking, and given the fact, the increase in the affluent class, KMB poised to do well, although compounding at 25% for a decade is day-dream, 5-7 times in a decade should be their trajectory, yes I would agree no large company can grow beyond country GDP(unless export), India itself will grow 6-8%, and KMB themselves are not in top 3 or even top 5 for that matter, so I would say they are not systematically important bank yet.
South Indian Bank consolidated net profit rises 18.15% in the September 2024 quarter (16-10-2024)
Total Operating Income rise 10.60% to Rs 2354.72 crore
SRF shares fall 2.07 per cent in Wednesday’s trading session (16-10-2024)
The Relative Strength Index of the stock stood at 33.21 on Wednesday.
SRF shares fall 2.07 per cent in Wednesday’s trading session (16-10-2024)
The Relative Strength Index of the stock stood at 33.21 on Wednesday.
Outward Foreign Direct Investment down around 20% on year in September 2024 (16-10-2024)
Powered by Capital Market – Live News
Akums Drugs shares climb 5% after tie-up with Canada based Triple Hair Inc (16-10-2024)
Shares of Akums Drugs and Pharmaceuticals rose up to 5.32 per cent at Rs 928 a piece on the BSE