SBI Q3FY24 result review: A higher-than-factored weakness in the October-to-December quarter (Q3) results of State Bank of India (SBI), for financial year 2023-24 (FY24), has prompted brokerages to cut earnings estimates for the ongoing financial year. They, however, have maintained 'Buy' ratings on the stock, revising target price upwards in some cases, owing to the stock's recent underperformance relative to its peers.
The order to extend the suspension was issued by additional chief secretary (home), TVSN Prasad, on Saturday evening.
Following the incident at little past 1700 hours, both runways at the airport were shut for a brief period, and one of the runways resumed operations at around 1847 hours, the officials said.
With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.
An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. The industry has onboarded a net of 11,600 individual distributors in the first seven months of 2023-24 (FY24) compared to just 5,555 distributors in the whole of 2022-23 (FY23), according to data from the Association of Mutual Funds in India. Like most financial products, MFs also have significant reliance on individual distributors to sell their products, even as digital platforms are gaining popularity.
'The Bharatiya Janata Party government has taken strict action against the drug mafia and that is why the drug mafia became active in this incident and they have a big role in this Manipur violence.'
After inaugurating development projects worth nearly Rs 5,000 crore for boosting the agri-economy in the Union territory, Modi said he was "elated to be among the wonderful people of Srinagar".
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
"The Haryana-based company, which was awarded the contract, has been served with a show cause notice by the managing director of Bihar Rajya Pul Nirman Nigam and asked to reply within 15 days," Amrit told PTI.
Make sure that the person you are buying the plot from is the rightful owner.
"There will be new schools! There will be new homes!," wrote Chinese President Hu Jintao on the blackboard of a makeshift classroom in Qinghai, as he visited the quake-devastated region where the death toll in last week's 7.1 temblor mounted to 1,706 on Sunday.
Reserve Bank of India governor Shaktikanta Das on Monday said payments through UPI (unified payment interface) have grown exponentially in the past 12 months with daily transactions crossing 36 crore, which is up 50 per cent from 24 crore in February 2022. In value terms, these transactions are worth Rs 6.27 lakh crore, registering a growth of 17 per cent from Rs 5.36 lakh crore in February 2022, the governor told reporters while launching the Digital Payments Awareness Week at the RBI headquarters in Mumbai this afternoon. He also said the overall monthly digital payment transactions crossed over Rs 1,000-crore-mark each month during the past three months.
Top golfer Gaganjeet Bhullar lodged a complaint against Emirates Airlines for delaying his bags, which he said affected his game. Jehangir Gai tells us what happened next.
The firm expects its recent equity infusion, debt refinancing and the compensatory rate to lead to a turnaround in its financial position.
While 392 people arrived in New Delhi in a C-17 heavy-lift aircraft of the Indian Air Force, another batch of 362 Indians were brought to Bengaluru.
Air India has finalised an order for around 250 aircraft with Airbus and the deal is expected to be announced next week, a source said on Thursday. The source in the know also said the airline has signed a deal with Boeing for about 200 planes. Specific details could not be immediately ascertained and there was no immediate comments from Air India about the deals.
Though Beijing asserts the Dalai Lama's successor needs its approval, observers say it remains concerned as the present Panchen Lama, the number two spiritual leader who was appointed by it after unseating the boy nominated by the Dalai Lama, has not gained much traction in Tibet.
Manipur Chief Minister N Biren Singh, accompanied by four of his cabinet ministers and Bharatiya Janata Party state president Sarada Devi, met Union Home Minister Amit Shah in New Delhi on Sunday, state minister and government spokesperson Sapam Ranjan Singh told PTI.
IndiGo has restored annual increments for more than 4,500 pilots as a financial turnaround helped the airline make a profit in Q3 FY23 after three quarters of loss. An email from the airline's management last week informed pilots of the restoration from April. "The component of annual increment for Indian captains (Rs 10,000 per month) and Indian first officers (Rs 5,000 per month) on the Airbus and ATR fleet which was stopped due to Covid will restart from April 1, 2023," the airline's senior vice president (flight operations) Ashim Mitra said in the staff email.
Rohan Kale is fighting to save Maharashtra's stepwells.
'The rocks, the geology of the Himalayas will always spring surprises.' 'It's basically force majeure and the will of god.'
Union Home Minister Amit Shah on Monday directed strict action against the perpetrators of violence in Manipur and assured the state complete support from the Centre in ensuring lasting peace.
The West Indian batter boasts an incredible strike of 178, scoring 1,700 runs in 84 IPL matches, while taking 72 wickets.
He also said Prime Minister Narendra Modi is expected to take part in an event related to the pran pratishtha on any day during January 20-24.
A prominent Hindu temple in Canada's Ontario province has been vandalised by unknown people with "anti-Hindu and anti-India graffiti", in what is described by the police as a "hate-motivated incident."
His portfolio was worth Rs 12,333 crore at the end of June 2018. It was worth Rs 10,633 crore at the end of the September quarter. Smallcaps account for the largest number of his stock-picks. Such a fall has now happened for the third quarter in a row.
"I fear I won't perform well in the class 10 board examination next year, which might affect my dreams of enrolling in a good school in Imphal," Karam said.
The government has raised the windfall profit tax levied on domestically produced crude oil as well as on the export of diesel and ATF, in line with firming international oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been increased to Rs 2,100 per tonne from Rs 1,700 per tonne, the order dated January 2, said. Crude oil pumped out of the ground and from below the seabed is refined and converted into fuel like petrol, diesel and aviation turbine fuel (ATF).
Gokhale was taken into custody under criminal sections of the Prevention of Money Laundering Act in Ahmedabad where he is lodged in judicial custody in a Gujarat police case.
Tata Power declared encouraging results for the April-June quarter (Q1) of the 2023-23 financial year (FY24). The firm's revenue rose 5 per cent year-on-year (Y-o-Y) to Rs 15,210 crore. It was driven by higher sales to distribution companies (discoms) and capacity addition in renewables. Company's adjusted profit after tax (PAT) rose 3 per cent to Rs 906 crore with reported PAT at Rs 1,100 crore on a one-time gain of Rs 235 crore.
Ahead of the inaugural season of the Women's Premier League, Delhi Capitals named Meg Lanning as skipper and Jemimah Rodrigues as vice-captain.
The government has slashed the windfall profit tax levied on domestically-produced crude oil as well as on export of diesel and ATF following a drop in global oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut steeply to Rs 1,700 per tonne from Rs 4,900, the order dated December 15 said. Crude oil pumped out of the ground is refined and converted into fuel like petrol, diesel and aviation turbine fuel (ATF).
United States President Joe Biden warned Americans in Ukraine to leave the country immediately amid tensions between Moscow and Kiev, saying that sending US troops for an evacuation would mean 'world war'.
For the first time, the MiG-29K fighter aircraft undertook night landing on indigenously-built aircraft carrier INS Vikrant, a feat described by the Indian Navy as a 'historic milestone'.
'Unfortunately, there is no movement towards peace in Manipur.'
Life in the north-eastern state of Manipur continued to limp back to normal as curfew was relaxed in 11 districts, including Imphal West, Bishnupur, Churachandpur and Jiribam, for six hours from 5 am, as no fresh incident of violence was reported, officials said on Wednesday.
The government has reduced the windfall profit tax levied on domestically-produced crude oil as well as on the export of diesel and ATF, in line with softening international oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 1,900 per tonne from Rs 2,100 per tonne, the order dated January 16, said. Crude oil pumped out of the ground and from below the seabed is refined and converted into fuel like petrol, diesel and aviation turbine fuel (ATF).
'My appeal to ex-servicemen,' says Colonel Anil A Athale (retd), 'is please do not demean yourself and bring our izzat down to the levels of militant trade unionism of the banks or airline variety! Please accept a reasonable compromise and fight your battle with the 7th Pay Commission!'
The Gujarat high court on Monday refused regular bail to Trinamool Congress (TMC) spokesperson Saket Gokhale in a case related to alleged misuse of money collected through crowd-funding.
"Lady candidates need not apply." So read the postscript in a job notice from Telco (now Tata Motors) on a notice board in the corridors of the Indian Institute of Science, Bangalore (now Bengaluru), in 1974. Irked, Sudha Murty, who was then pursuing her masters in computer science at the institute, wrote a postcard to JRD Tata, expressing her surprise at this gender discrimination, especially since the Tata Group were pioneers on many fronts. Shortly, Murty became the first woman on the firm's shop floor.
