Hitesh Doshi, Chairman of Waaree Energies, highlights how ALMM is boosting Indian module manufacturing. He discusses the company's global and domestic expansion strategies. Waaree plans to increase manufacturing capacities and backward integration. Aiming for energy security, the company is optimistic about future growth, driven by green energy initiatives and government support. Waaree remains confident in meeting the growing demand.
IDFC First Bank's CEO, V Vaidyanathan, reveals stress in the microfinance sector due to multiple adverse events. Despite rising delinquencies, IDFC First fares better than peers. A significant write-off on an infrastructure loan is also highlighted. However, robust deposit growth and overall portfolio health indicate resilience and continued growth prospects.
The fact that you have Goldilocks assets does not mean that all assets go up. Federal Reserve or any other central bank does not really mind if you personally lose money, that is absolutely fine. So, they do not even mind if one asset class goes down, but if another asset class goes up
PNB Q2 Results: The lender earned interest income of Rs 29,875 crore in the reported quarter, reflecting a 13% increase from Rs 26,355 crore in the corresponding quarter of the previous financial year.
Ambuja Cements Q2 Results: Ambuja Cements reported a standalone net profit of Rs 501 crore for the second quarter ended September 2024, marking a 22% decline year-on-year from Rs 644 crore in the same quarter last year.
SpiceJet Shares Price: SpiceJet shares rose 4.2% after announcing 32 new flights for winter, enhancing connectivity. The airline aims to improve customer experience with increased frequencies and routes.
Nuvama Wealth Management reported a 50% revenue increase to Rs 740 crore, with strong growth in wealth and asset management, and an optimistic outlook for India's economic future.
Afcons Infrastructure's IPO was only 18% subscribed on day two. Analysts recommend long-term investment, citing a strong business model despite challenges like low profit margins and government dependency.