Nuvama Wealth Management has announced a 1:5 stock split and a Rs 70 interim dividend. The company reported its Q2 earnings, showing a marginal decrease in consolidated net profit. Revenue from operations saw an increase compared to the previous year. The stock split will divide each Rs 10 share into five Rs 2 shares.Read More
Paytm Q2 Results: Fintech firm Paytm reported a significant 98% drop in net profit to Rs 21 crore for Q2, despite a 24% rise in revenue to Rs 2061 crore. The company attributes revenue growth to increased subscription merchants and financial services distribution. Paytm plans to expand merchant offerings, grow financial services, and leverage AI for product innovation and market expansion.Read More
SBICAP Securities has appointed Bhuvaneshwari A. as its new Managing Director and Chief Executive Officer. She brings over three decades of experience from SBI. Bhuvaneshwari aims to make SBICAP Securities a digitally driven, customer-centric, and innovation-led investment services company. The focus will be on strengthening technology, expanding products, and deepening customer engagement.Read More
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