Loss-making companies pay royalty too: Sebi – Times of India
MUMBAI: Some listed Indian companies make royalty payments, mostly to promoters, at the cost of shareholders, a study by markets regulator Sebi showed. The study found that one out of…
BSE’s net profit surges to Rs 265 crore in June quarter, revenue at Rs 674 crore – Times of India
NEW DELHI: The Bombay Stock Exchange (BSE) reported a net profit of Rs 265 crore for the quarter ending June 2024 compared to the Rs 75 crore it recorded in…
Finance ministry asks state-owned insurance companies to focus on profitable businesses – Times of India
NEW DELHI: The ministry of finance has asked state-owned general insurance companies to prioritise profitable ventures and focus on enhancing profitability rather than solely pursuing top-line growth. The government recently…
Kotak Mahindra Bank increases customer base, customer assets by 20% YoY – Times of India
NEW DELHI: Kotak Mahindra Bank has reported a significant growth in its financial performance for the first quarter of FY25, with the Profit After Tax (PAT) reaching Rs 6,250 crore,…