Reliance Industries Q3 Results: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday posted a marginal 0.56% year-on-year (YoY) growth in its consolidated net profit at Rs 18,645 crore in the third quarter. Revenue from operations in the same period rose 11% YoY to Rs 2.69 lakh crore.Read More
Veteran investor Madhu Kela has bought a stake in Emkay Global. This signals new interest in the financial services firm. Ace investor Dolly Khanna has trimmed her holding. Emkay Global is a diversified financial services company. Kela’s entry is watched closely. Khanna’s move seems like portfolio rebalancing. The company’s shares rose on the news.Read More
Federal Bank announced a strong third quarter with net profit climbing 9% to Rs 1041 crore. This growth was driven by increased business and core income. Net interest income and operating profit reached record highs. The bank saw a reduction in bad loans. Advances grew 11% year-on-year. Deposits also increased by 12%.Read More
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