Tata Sons Private Limited, the holding company of the Tata group, witnessed a precipitous drop in its net debt to Rs 5,656 crore in the 10 months ended January this year, as its cash reserves burgeoned to Rs 9,516 crore during this period. Eight years ago, in 2015-16, Tata Sons reported a net debt of Rs 5,132 crore; from March 2017 until March 2023, this figure was above the Rs 14,700 mark, peaking at Rs 27,437 crore at the end of March 2019, according to data sourced from Capitaline. The company's gross debt nearly halved to Rs 15,173 crore until January 2024 on a standalone basis, down from a peak of Rs 31,363 crore reported in the financial year ended March 2019.
Tata Motors reported a consolidated net profit of Rs 17,483 crore (adjusted for exceptional gains and losses) for Q4FY24, surpassing TCS' consolidated net earnings of Rs 12,434 crore. For the automotive major, this marked a 213.7 per cent year-on-year increase in the bottom line, from Rs 5,573.8 crore a year ago. In contrast, India's biggest IT firm saw a more modest Y-o-Y growth of 9.1 per cent in net profit, from Rs 11,392 crore.
'Retail investors have to stick to their asset allocation plans and continuously do portfolio reviews.'
The Blues will look to bounce back and stay in the hunt for the first spot, though they now trail the top-placed Mohun Bagan Super Giant (36) by eight points (28), slightly undoing their impressive run in the earlier parts of the season.
Kingfisher Airlines says its net loss has fallen by 39.54 per cent for the quarter ended December 31, 2010.
Ruturaj Gaikwad has opened up about the important moment when MS Dhoni handed him the reins ahead of the 2024 IPL season,
Afghanistan head coach Jonathan Trott said his team were unaware of the run rate calculations during his team's shocking two-run loss against Sri Lanka.
Global fund managers witnessed one of their largest-ever declines in assets under custody (AUC) during the ongoing correction in the Indian markets, as stocks came under pressure from foreign outflows and the weakening rupee.
'We never waste a crisis. There will be learning and the supervisory tools will get better with each episode.'
A deflected late strike from Lisandro Martinez earned Manchester United a much-needed 1-0 victory at Fulham in the Premier League on Sunday.
The company had dent of about Rs 14,070 crore.
Maytas Infrastructure Limited has reported a net loss of Rs 251.86 crore for the year ended March 31, 2010, compared with a net loss of Rs 473.54 crore last year. Its net revenues declined 33.19 per cent to Rs 1,098.87 crore from Rs 1,644.65 crore in the previous year.
Total revenue from operations however rose to Rs 67,081.29 crore as compared with Rs 59,818.22 crore in the year-ago period
Daniil Medvedev jumped for joy in an uncharacteristically emotional celebration after holding off young Frenchman Arthur Fils for a 6-4, 2-6, 7-6(7) win amid gusting winds on centre court in quarter-finals of the BNP Paribas Open, at the Indian Wells Tennis Garden, on Thursday.
Close to half of women soccer fans in England and Wales have personally experienced sexist or misogynistic abuse at matches but most have never reported it to authorities, a new study by anti-discrimination charity Kick It Out revealed on Wednesday.
There has been, a nominal increase in the aircraft maintenance cost.
Royal Challengers Bengaluru's sturdy middle-order, in-form skipper Smriti Mandhana and a partisan home crowd will be the major challenges UP Warriorz will have to contend with when the two teams clash in the Women's Premier League match in Bengaluru on Monday.
Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.
Lakshya Sen couldn't overcome the relentless Hu, losing 19-21, 19-21 in a thrilling contest.
IMAGES from the Premier League matches played on Saturday.
Toyota Kirloskar Motor (TKM) has reported a consolidated net profit of Rs 4,787 crore for 2023-24 (FY24) - more than three times the earnings recorded the previous year. This growth can be attributed to robust demand for its vehicles, particularly hybrid models and cross-badged cars from the Toyota-Suzuki alliance.
Fonseca cruised through the first set before Fearnley found his groove in the second to level the match on a windy day in the California desert.
Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.
Use of expensive hotels or five-star hotels for stay during the travel or holding events has been restricted
'My advice: Don't mark your portfolio to market every day. Focus on survival.'
Rohan Bopanna and Nicolas Barrientos bowed out of the Australian Open men's doubles with an opening-round loss to the Spanish team of Pedro Martinez and Jaume Munar.
Images from Saturday's action in the Premier League.
Back to the grind after a couple of days' leave, Virat Kohli's extended net session was the focal point of Team India's first training session in the city ahead of its World Cup opener against Australia on Sunday.
Debutant left-arm spinner Vaishnavi Sharma (5/5) recorded the best-ever figures in the ICC Under-19 Women's World Cup, including a hat-trick, to lead India to a commanding 10-wicket victory over Malaysia.
Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.
The win helped Real Kashmir climb to the sixth spot in the standings.
Amid criticism of its exposure to 'toxic' assets abroad, India's largest private sector lender ICICI Bank on Monday said its UK subsidiary has registered a $35 million (around Rs 160 crore) net loss for the half year ended September 30 on account of higher provisioning in its investments abroad.
From the 30-share blue-chip pack, IndusInd Bank, NTPC, UltraTech Cement, Sun Pharma, Axis Bank, State Bank of India, Tata Steel, Power Grid, Adani Ports and Kotak Mahindra Bank were among the major laggards. Tata Consultancy Services jumped nearly 6 per cent after the IT services company reported an 11.95 per cent jump in the December quarter net profit to Rs 12,380 crore. Tech Mahindra, HCL Tech, Infosys and Bajaj Finserv were the other big gainers.
Despite the loss, the Tamil Nadu Dragons held on to the top spot in the points table with 17 points from nine games.
Indian Oil Corporation (IOC), Bharat Petroleum and Hindustan Petroleum may post a combined loss of Rs 10,700 crore in June quarter on selling petrol and diesel at rates below cost, a report said on Monday. While the raw material (crude oil) prices soared in April-June, petrol and diesel prices were not revised, leading to marketing losses which offset strong refining margins, ICICI Securities said in the report. The three state-owned oil marketing companies -- IOC, BPCL and HPCL -- control 90 per cent of the retail petrol and diesel sales in the country.
A round-up of Saturday's action in the Premier League.
Equity mutual funds (MFs) capped a strong 2024 with near-record inflows in December. With net inflows of Rs 41,156 crore in December, the 2024 tally surged to Rs 3.9 trillion, up 144 per cent compared to 2023. The December tally, which was only slightly short of the record-high inflows of Rs 41,887 crore achieved in October 2024, was fuelled by record inflows of Rs 9,761 crore into small-cap and mid-cap funds.
India suffered one of its most embarrassing defeat in recent years despite Sunil Chhetri's 94th international goal in his 150th match.
Reach fifth round for first time in 10 years
A summary of Sunday's action in the Premier League.
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