Corporate News
ICICI Bank logs Q2 PAT of Rs 10,261 crore
In a regulatory filing, it said that for the quarter ended September 30, it had earned a total interest income of Rs 34,920.39 crore (against Q2FY23's Rs 26,033.04 crore) and a net profit of Rs 1,323.27 crore (Rs.828.09 crore).
Kotak Mahindra Bank logs Rs 3,190cr PAT in Q2
The bank also said the Reserve Bank of India has approved the appointment of Ashok Vaswani as the Managing Director and CEO for three years.
IDBI Bank net profit increases to Rs 1,323 crore
IDBI Bank on Saturday said it closed the second quarter of FY24 with an increased net profit of Rs.1,323.27 crore.
Central Bank posts Rs 605 cr PAT for Q2
In a regulatory filing, Central Bank said for the quarter ended September 30, it had earned a total interest income of Rs 7,350.66 crore (Q2FY23 Rs 6,154.95 crore) and a net profit of Rs 605.43 crore (Rs 318.17 crore).
HP appoints Apple executive Ipsita Dasgupta as SVP, MD for India market
Joining HP on October 30 and reporting to David McQuarrie, HP Chief Commercial Officer, she will lead all aspects of HP’s strategy and profit and loss (P&L) in India, Bangladesh, and Sri Lanka. Gurpreet Singh Brar, who was officiating as interim MD for HP since November last year, will move to a new role of Vice President, Innovation and Growth for HP's India Market.
Nestle logs PAT of Rs 908 crore, to split shares
Declaring a second interim dividend of Rs 140 per share of Rs 10 each, Nestle also said it would split each equity share into fully paid 10 shares each with a face value of Re 1 by amending the Capital clause in the Memorandum of Association.
HUL posts Rs 2,717 crore PAT for Q2
In a regulatory filing, HUL said for the quarter ended September 30, 2023, it had earned a sales revenue of Rs 15,027 crore (Q2FY23 Rs 14,514 crore) and an after tax profit of Rs 2,717 crore (Rs.2,616 crore).
Bajaj Auto logs Rs 1,836 crore PAT, amends dividend policy
The company has also amended its Dividend Distribution Policy whereby dividend will be declared based on the overall payout to the shareholders.
IT majors interim dividend: Infosys leads in terms of quantum per share but lags by percentage
Announcing the second quarter results for FY24, the company had declared an interim bonus of Rs 18 per share with a face value of Rs 5.
Aakash Chaudhry likely to return as CEO of Byju’s-owned Aakash Educational Services
According to sources, the companies are finally set to reach a deal after months of dispute.
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