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State Bank of India (SBI) Chairman, CS Setty, expressed optimism about achieving a Rs 1 trillion operating profit this year, driven by robust credit growth across sectors like petrochemicals, roads, and renewable energy. The bank aims for a 15% growth in its domestic loan book, reaching Rs 39 lakh crore.
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Intel is bringing back free coffee and tea for employees. The company had cut several perks, including free beverages, to reduce costs. Intel also laid off thousands of employees and reduced reimbursements. The chipmaker hopes the return of free coffee and tea will improve employee morale.
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Tata Motors Share Price: Tata Motors' shares rose 2% despite a lower-than-expected 11.18% YoY drop in Q2 profit, reaching Rs 3,343 crore. The company attributed the decline to external challenges impacting growth. Despite this, analysts remain optimistic, citing strong business fundamentals and anticipated improvements in the second half of FY25.
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