Global Health Limited (Medanta) on Thursday announced its unaudited consolidated financial results for the quarter ending 30th September, 2024. The healthcare company posted a profit growth of 4.52 per cent for the fiscal second quarter at Rs 130.82 crore in comparison to Rs 125.16 crore during the corresponding quarter of FY24. The company reported revenue
Currently, the luxury real estate sector in the National Capital Region (NCR) is experiencing significant growth, driven by the interests of high-net-worth individuals and affluent buyers who are increasingly seeking residences that provide an exclusive and enhanced lifestyle. In the aftermath of the pandemic, the priorities of luxury homebuyers have shifted, with many now emphasizing
The markets have been struggling for the past 6 sessions and the investors have turned significantly cautious. Both the Sensex and Nifty are off 10% from their recent highs. Though the sectoral indices saw some bounceback on November 14, the Sensex is nearly 8000 points down from its all-time highs while the The Nifty settled
Amid the bag checking row, Shiv Sena (UBT) chief Uddhav Thackeray’s convoy was stopped at a checkpost on the Maharashtra-Goa border in Sindhudurg district on Wednesday, prompting an angry reaction from the former chief minister. The incident occurred just days after election officials checked bags carried by Thackeray at a rally in Yavatmal district, which
Union Home Minister Amit Shah on Wednesday said that if the Maha Vikas Aghadi (MVA) wins the upcoming Maharashtra assembly elections, the state will become an “ATM” for the Congress. “They (MVA) will withdraw funds from Maharashtra using the state’s resources and send the money to Delhi,” Shah said at a rally in Chalisgaon, Jalgaon
Mahindra topped the chart with the XUV400 EV scoring 5-star safety ratings in Bharat NCAP’s crash tests. The EV SUV is equipped with safety features, including six airbags, ISOFIX child seat anchors, and all four disc brakes. It also comes with a reverse camera with adaptive guidelines. The XUV400’ is the second EV to score
Bharat NCAP has released the safety crash results of the Mahindra XUV 3X0. The compact SUV secured 5-star rating like its siblings the Thar Roxx and the XUV 400 EV. The XIV 3X0 is the second compact SUV to receive top honours after the Tata Nexon. The XUV 3XO offers 35 standard safety features like
Buying a car is a goal for some individuals while it is a necessity for others. Regardless of the circumstances, purchasing a car represents a significant financial commitment that can deplete your savings or require a car loan. Typically, car loans offer lower interest rates compared to unsecured loans, such as personal loans. When exploring
In September 2024, I wrote a piece, ‘Flexi Cap Funds v/s Multi Cap Funds: Which Is Better at a Market High?’. The valuations of the Indian equity market then were exceptionally high: the BSE SmallCap P/E and BSE MidCap P/E were at around 36x and 34x, respectively, while the BSE LargeCap Index was nearly 26x.
Indian banking has witnessed various challenges over the last few years, from mounting non-performing assets (NPAs) to regulatory action and issues of corporate governance. Banks are generally considered pillars of country’s financial stability, and thus any disruptions within prominent banks could have extensive ramifications. Institutional investors, regulators, and analysts are keenly watching such events because
If sixty is the new forty, the travel industry is making the most of it, offering curated packages for the sexagenarians, septuagenarians and even octogenarians. From cruises to skiing, Europe to Japan, there is something for everyone, even a trip to Antarctica. Booking.com’s Travel Predictions 2025 suggest baby boomers (those born between 1946 and 1964)
Contract manufacturing marketplace Zetwerk Manufacturing Businesses is eyeing an initial public offering (IPO) within the next 15 to 24 months, a senior company official said. “I don’t know if it (IPO) will happen this year. We are looking to file. We are doing all the preparation work, but I think 15 to 24 months is
The Bureau of Indian Standards (BIS) has conducted raids on warehouses operated by major e-commerce platforms, including Amazon and Flipkart, resulting in the seizure of thousands of uncertified consumer products, according to the consumer affairs ministry. Key seizures from Amazon and Flipkart On March 7, BIS officials raided an Amazon warehouse in Lucknow, confiscating 215
