editor - The Purbottar

21 Oct

Update on Baba Siddiqui murder case, shooter states ‘He wasn’t good person’

editorCrime

The Bollywood community is in full shock after Baba Siddique's murder. The shooter has been arrested by the police, identified as Yogesh from the Lawrence Bishnoi-Hashim Baba gang. During interrogation, Yogesh has stated about Baba Siddique that he wasn't good person, "Baba Siddiqui wasn’t a good man; he had an MCOCA case against him. MCOCA isn’t applied to ordinary people. If anyone interferes, something will happen." The shooter boldly stated that, "It's said that Baba Siddiqui had connections with Dawood Ibrahim. If I tell the truth, all the information is available. Phones work, Google is there, and the internet is…

19 Oct

Salman Khan’s father clarifies on Bishnoi Community accusation

editorBollywood

Salman Khan has been facing threats from Bishnoi Community for killing a Blackbuck since past few months to which attack was also done against the actor. According to the sources, the Bishnoi Community is seeking an apology for the killing from Salman Khan. The actor's father Salim Khan has recently stated that, Salman Khan did not kill any animal. He said, "Apologising meayns admitting. Salman never killed any animal. We have never even killed any cockroach. We do not believe in these things." Further Salim Khan has also mentioned that during the killing of the Blackbuck he wasn't present there,…

19 Oct

Kotak Mahindra Bank Q2 results preview: Net profit expected to upsurge 10%

editorBusiness, News

Kotak Mahindra Bank is scheduled to announce its second quarter results on Saturday (October 19). Analysts expect key financial parameters to grow compared to last year.They expect the bank's net interest income (NII) to reach ₹6,996.9 crore, representing a growth of 11.1% from ₹6,296.6 crore.Profit after tax (PAT) is estimated at ₹3,513 crore, showing a growth of 10.1% from ₹3,191 crore.Investors will be watching key areas closely during this earnings announcement.The focus will be on business momentum, particularly with respect to deposit and loan growth rates. Movements in net interest margin (NIM) will serve as a key indicator of profitability.Additionally,…

18 Oct

Tata Chemicals reports 46% year-on-year decrease in Q2 net profit

editorBusiness, News

On Thursday (October 17), Tata Chemicals Ltd announced a 46.1% year-on-year (YoY) decline in net profit to ₹267 crore for the second quarter ended September 30, 2024.According to regulatory filings, Tata Chemicals reported a net profit of ₹495 crore in the previous fiscal quarter. The company's revenue from operations remained stable at ₹3,999 crore compared to ₹3,998 crore in the previous fiscal year.EBITDA in the second quarter of this fiscal declined by 24.5% to ₹618 crore from ₹819 crore in the same period last year.In the reporting quarter, the EBITDA margin was 15.5%, lower than 20.5% in the same period…

18 Oct

Kareena Kapoor Khan says the controversy around Taimur’s name affected her alot

editorBollywood

Superstar Kareena kapoor Khan is married to Saif Ali Khan and blessed with two kids. The couple has recently celebrated their marriage anniversary. During an interview, Kareena kapoor opened up on her first son Taimur their first kid, as their was a huge controversy while revealing his name. Kareena said, "My grandfather told me that the fact that they are talking about you, good or bad, they're talking about you. OTherwise why would they talk. You have to take it in your stride if you want to be a superstar otherwise they wouldn't even be talking about you." "Of course,…

17 Oct

Infosys Q2 results, dividend today: Profit may increase 10%; FY25 sales guidance may be revised

editorBusiness, News

Infosys Q2 Earnings: PhillipCapital expects Infosys net profit to rise 10.2 per cent to Rs 6,844.40 crore over the previous fiscal, while sales will grow 4.8 per cent to Rs 40,867 crore over the previous fiscal.Infosys Ltd may report a 10-15 per cent year-on-year growth in net profit in the September quarter on a 5 per cent rise in sales. In-Tech acquisitions will aid growth. Revenue in constant currency terms is expected to outperform Tier 1 peers on a sequential basis. The Salil Parekh-led IT major may also raise its revenue guidance for the fiscal year, even as it may…

16 Oct

South Indian Bank shares upsurge 5% after Q2 earnings, check details

editorBusiness, News

South Indian Bank shares on Wednesday rose 5.42% to Rs 25.25 on BSE as against its last close of Rs 23.95.South Indian Bank shares rallied 5% in the afternoon session today, as the bank announced its second quarter earnings. Net profit rose 18% to Rs 325 crore in the quarter as against Rs 275 crore in the same quarter last fiscal. Total income rose to Rs 2,804 crore in the second quarter as against Rs 2,485 crore in the same period last year. The bank earned interest income of Rs 2,355 crore during the quarter, as against Rs 2,129 crore…

16 Oct

Kartik Aaryan isn’t bothered over clash between Bhool Bhulaiyaa 3 and Singham Again

editorBollywood

This Diwali two bollywood anticipated movies are to be released together- Kartik Aryan's Bhool Bhulaiyaa 3 and Ajay Devgn's Singham Again on November 1. There's going to be big a clash between the movies, speculation among fans have already started which movie is going to be on top. Kartik Aryan was asked about the rivalry to which he responded saying, "Diwali is such a big holiday. Singham Again’s genre is action, and our film’s genre is horror comed." He added, “If I am a movie-goer, it’s a festival for all of us. Two films are coming on the same occasion,…

14 Oct

Bajaj Auto Q2 preview: Strong volumes, rich product mix may drive revenue up 23%

editorBusiness, News

Pune-headquartered Bajaj Auto Ltd is set to release its earnings report for the second quarter of FY 2025 on October 16. Increase in volumes and diversified product mix are expected to drive the company's sales to double-digit growth rate on a year-on-year basis.According to a Moneycontrol poll of eight brokerage firms, the Triumph maker is projected to report a 23 per cent year-on-year growth in revenue to reach Rs 13,266 crore. Net profit is estimated to rise 21 per cent to Rs 2,227 crore from Rs 1,836 crore in the same quarter last fiscal.Earnings estimates of analysts surveyed by Moneycontrol…

09 Oct

RBI projects 7.2% GDP growth for FY25, CPI gain expected to ease to 4.5%

editorBusiness, News

The Reserve Bank of India (RBI) has projected real GDP growth of 7.2% for FY 2024-25 after the Monetary Policy Committee (MPC) meeting held on Wednesday, along with an expected moderation in Consumer Price Index (CPI) inflation to 4.5%.RBI Governor Shaktikanta Das said that GDP growth is expected to be 7% in the second quarter, which will increase to 7.4% in the third and fourth quarters. Growth is projected to be 7.3% in the first quarter of the next financial year (2025-26), with risks evenly balanced across various economic indicators.Das stressed that this growth momentum is supported by strong quarterly…