Diabytes
FY24 News
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As per its annual financial statements filed with the Registrar of Companies, the company’s total expenses increased by 3.9 per cent to Rs 779.4 crore in FY24, against Rs 750 crore in FY23.
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Google India Net Profit: The Google-commissioned report estimated that at least Rs 33.8 lakh crore of economic value from AI adoption can be achieved in India in 2030.
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The number of trading accounts held by domestic investors reached 16.7 crore, underscoring increased market participation.
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With gradual improvement in global economic outlook, exports are expected to register stronger growth.
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India's economic performance in the first half of the fiscal year 2023-24 has positioned it as a positive standout on the global stage. The first quarter of FY24 witnessed an impressive 7.8% year-on-year growth in GDP, reflecting the country's economic strength.
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On a consolidated basis the company for the second quarter had earned a revenue of about Rs 34,436 crore (Rs 29,871 crore) and a net profit of about Rs 2,348 crore (Rs 2,773 crore)
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The logistics firm's shares closed at Rs 402.25 per share on the Bombay Stock Exchange (BSE) on November 3, 17 per cent lower than the IPO price of Rs 487 per share. The logistics unicorn went public in May 2022.
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As on September 30, Canara Bank’s gross non performing assets (GNPA) and net NPA stood at Rs 43,955.59 crore (Rs 52,485.14 crore) and Rs 12,554 crore (Rs 17,286.13 crore), respectively. The capital adequacy ratio stood at 16.20 per cent as at September 2023.
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Brands such as OnePlus, Infinix and Tecno witnessed strong growth mainly due to expanding channel presence, increased offerings and few carried positive momentum from the chip shortage period of 2021.
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The Indian IT services sector has been contending with soft demand for the last three quarters as clients delayed deal-making decisions or are outright cutting back on expenditure. Businesses are reducing spending on discretionary IT projects amid steep inflation that has resulted in higher interest rates.
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Union Budget 2023 Update: Average processing time for income tax returns reduced from 93 days to 16 days.
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Budget 2023 Update: An individual with income of Rs 15 lakh will have to pay Rs 1.5 lakh tax, down from Rs 1.87 lakh under new tax structure
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