Motilal Oswal Financial Services reports for FY22, Q4FY22
Mumbai, April 30, 2022: Motilal Oswal Financial Services Ltd. announced its results for the quarter and year ended March 31, 2022 post approval by the Board of Directors at a meeting held in Mumbai on April 28, 2022.
Performance for the quarter and year ended March 31, 2022:
In Q4FY22, consolidated revenues grew by 21% YoY at Rs 1,100 cr, Consolidated PAT stood at Rs 300 cr...
SBI Card Q4 FY22 PAT Grows 231% to ₹581 Cr Vs ₹175 Cr for Q4 FY21
Hyderabad / New Delhi, 30 April 2022: The Board of Directors of SBI Cards and Payment Services Limited approved the Company’s results for the quarter and financial year ended March 31, 2022, at their meeting held on Friday, April 29, 2022.
Performance Highlights Q4 FY22
Total Revenue increases 22% YoY to ₹3,016 Cr Profit after tax increases 231% YoY to ₹581 Cr ROAA at...
Govt capex key to support investment demand in private capex: ICRA
ICRA expects capacity utilisation (CU) to reach the critical threshold of 75% required to trigger broad-based capacity expansion, only by the end of CY2022. Moreover, the rating agency highlighted that while some green shoots are visible in private investments, protracted geopolitical tensions and elevated commodity prices could constrain the profitability of the corporate sector, imparting some caution to private...
Binance to focus on Investor Education in India to drive awareness of Crypto, Blockchain
April 30, 2022, New Delhi: Binance, the global blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange, has announced several educational initiatives to empower investors in India. Binance recognises the importance of investor education and has made it a priority to drive awareness of crypto and blockchain across India. Given the...
Capgemini delivers record growth of 17.7% in Q1 2022
Paris, April 29, 2022 – The Capgemini Group reported Q1 2022 revenues of €5,167 million, up 21,0% year-on-year at current exchange rates and 17.7% at constant exchange rates*.
Aiman Ezzat, Chief Executive Officer of the Capgemini Group, said: “Capgemini delivered an excellent start of the year with a further growth acceleration versus the previous quarter. This is the fourth consecutive quarter with...
Knight Frank Asia-Pacific Prime Office Rental Index Q1 2022
Mumbai, April 29, 2022: Knight Frank, in its recent edition of the Asia-Pacific Prime Office Rental Index for Q1 2022 noted thatamongst allcities of the region, Bengaluru saw the highest growth in rental values in the first quarter at 5.8% in Q1 2022 as compared to the previous quarter. The APAC regional index registered an increase of 0.8% quarter-on-quarter (QoQ), rising by 0.3% in the preceding quarter,...
FinMapp, Bajaj Finance launch ‘Fixed Deposit’ feature on FinMapp app
National: FinMapp has launched an all-new ‘Fixed Deposit’ feature in the FinMapp application. The Fintech major has updated the app by adding a new icon for an improved customer experience, collaborating with Bajaj Finance.
The fintech firm is offering to provide an interest rate of 7.35% on the fixed deposit of app users, which will assist in beating the high inflation...
Bajaj Housing Finance announces capital raise of Rs 2,500 crore
April 28, 2022: Bajaj Housing Finance announces its seventh and largest round of capital infusion so far. On 7th April, 2022, the Housing Finance Company received Rs. 2,500 Cr of equity capital from its parent company, Bajaj Finance Limited.
Bajaj Housing Finance recently announced a milestone achievement of crossing the Rs. 50,000 Crore Assets Under Management (AUM) mark and ending the year...
‘Internet for all’ focused connectivity start-up WIOM raises 30 crores
India, April 25, 2022: WIOM, a telecom and technology focused company working towards deploying High Speed Internet today announced that it had secured a funding of 30 crores (USD 4 M). Starting operations in 2021, the company has witnessed phenomenal growth during the pandemic that has forced each member in a household to use multiple devices to stay connected. WIOM is creating...
Kolkata-Kunming must boost ties to benfit mutually: Mr Zha Liyou
25th April 2022, Kolkata: “Kolkata-Kunming (K2K), the sister cities of India and China, must step up trade, business, cultural ties and people-to-people contact in order to realise the fullest growth potential and benefit mutually,” said His Excellency, Mr Zha Liyou, the Consul General of People’s Republic of China in Kolkata. Mr Liyou visited and lauded the CWBTA Bengal Global Trade...
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