editor - The Purbottar

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…

09 Oct

Kareena Kapoor is all set to make her iconic appearance in Rohit Shetty’s ‘Singham Again’

editorBollywood

Most anticipated bollywood movie of Rohit Shetty 'Singham Again' is to get release on this Diwali. Rohit Shetty brings his iconic characters together with the new one in his cop universe. Kareena Kapoor on playing a major role in the movie says, "In Ramayan there is no Sita which is not possible and in a Rohit Shetty film there is no Kareena Kapoor that is also not possible.” She added, “And in this film to represent Sita Ma, I felt very honoured and overwhelmed.”

08 Oct

Crude oil futures rise on spot demand

editorBusiness, News

New Delhi, Oct 8 (PTI) Crude oil prices on Monday rose by Rs 67 to Rs 6,406 per barrel in futures trade as traders widened their bets following strong spot demand.On the Multi Commodity Exchange, crude oil for October delivery rose by Rs 67, or 1.06 percent, to Rs 6,406 per barrel in a business turnover of 14,534 lots.Analysts said crude oil prices rose in futures trade as participants increased their deals.Globally, West Texas Intermediate crude prices inflation 2.70 percent to USD 76.39 per barrel in New York, while Brent crude prices expansion 2.40 percent to USD 79.92 per barrel.

08 Oct

NMBA Durga Puja 2024: Celebrating peace in Navi Mumbai

editorFestival

Navi Mumbai Bengali Association (NMBA) Vashi has announced its 45th Durga Puja celebration, scheduled from October 9-13, 2024, under the theme "PEACE." As the largest Durga Puja celebration in the Mumbai Metropolitan Region (MMR), this year's event emphasizes the significance of peace amid global tensions. Ashim Dey, a member of NMBA, emphasizes the significance of this year's theme in fostering unity and harmony within the community. The stunning pandal will feature exquisite decorations crafted from full white Sola wood, creating a breathtaking visual experience. The use of white, symbolizing tranquility and harmony, aligns with the ethos of Goddess Durga, who…

08 Oct

Karan Johar puts a stop to all the pre-release screenings at Dharma Productions

editorBollywood

Karan Johar a well known Filmmaker-Producer of the bollywood industry has decided to forgo pre-release screening of films under Dharma Production. Karan Johar's upcoming movie Jigra starring Alia Bhatt is all set to get released on October 11. Ahead of the release of the movie KJ has announced his decision. It said, "For years, rather decades, you have firmly stood by us at Dharma Productions, supporting our films, sharing our dreams, and celebrating our victories. Your faith in us has been a driving force throughout our journey, and we'd like to take this moment to extend our deepest and heartfelt…

07 Oct

Rama Steel reports 42% YoY grew in steel sales in Q2

editorBusiness, News

Rama Steel Tubes said it recorded sales of 50,921.67 tonnes in Q2 FY25, up 42% as compared to sales of 35,780.327 tonnes in Q2 FY24.On a sequential basis, the volume is higher by 36%. Sales volume for Q1 FY25 stood at 37,365.55 tonnes in Q1 FY25.The company has recorded sales of 88,287.22 tonnes in H1 FY25 as against 84,218.01 tonnes in H1 FY24, registering a growth of 5% over the same period last year.Rama Steel Tubes is engaged in the business of manufacturing steel pipes and related products.The company reported a 10% decline in consolidated net profit in Q1 FY25…