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BoI Q4 net up 82% to ₹2,626 cr
Financial Express Chandigarh
|May 10, 2025
TREASURY GAINS AND recoveries from written-off accounts in the January-March period helped state-owned Bank of India to report an 82% jump in its Q4 net profit at ₹2,626 crore on Friday.
The core net interest income grew by 2% to ₹6,063 crore for the three months, but the other income rose 96% to ₹3,428 crore. Recoveries from written-off accounts jumped 195% to ₹1,193 crore, while treasury gains were up 87% at ₹711 crore, which contributed to the jump in the other income. The net interest margin (NIM) n
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Financial Express Chandigarh
Adani to invest ₹1.35 L cr in airports expansion by 2030
ABOUT 70% OF FUNDING TO COME FROM DEBT
1 mins
December 04, 2025
Financial Express Chandigarh
Minimising AI missteps
INDIA'S RAPID ADOPTION of AI spans advanced R&D, enterprises, and startups alike, transforming everything from automation to advanced data solutions. While organisations accelerate to integrate AI into their operations, it becomes critical to address the technology’s environmental footprint, which is a growing challenge that could undermine both sustainability ambitions and long-term business resilience. Here are five critical mistakes business and technology leaders in India should avoid when scaling AI responsibly:
2 mins
December 04, 2025
Financial Express Chandigarh
JSW, JFE in JV for BPSL
CHIEF financial officer, JSW Steel said with the reduction in debt, which stands at around ₹80,000 currently, the company’s net debt to Ebitda ratio will also decline in the coming quarters.
2 mins
December 04, 2025
Financial Express Chandigarh
100 mn Indians could be on GLP-1 drugs by 2030
Healthify on Wednesday announced a partnership with Novo Nordisk India, the local arm of the Danish pharmaceutical giant behind the weight-loss drug Wegovy, to provide specialised nutrition support for patients on GLP-1 medications. Alongside the deal, the company unveiled Ria Voice, a real-time Al health coach built with OpenAl. Founder-CEO Tushar Vashisht tells Anees Hussain, how India is on the brink of an inflection point for weight loss drug adoption. Excerpts:
2 mins
December 04, 2025
Financial Express Chandigarh
FM: States to benefit from tobacco excise duty hike
© Proceeds to be part of the divisible pool
2 mins
December 04, 2025
Financial Express Chandigarh
Meesho’s ₹5,421-cr IPO booked 2.35x on Day 1
THE INITIAL PUBLIC offering (IPO) of SoftBank-backed e-commerce firm Meesho received 2.35 times subscription on the first day of share sale on Wednesday, helped by across the board investors’ participation.The three-day IPO got bids for 65,40,18,165 shares against 27,79,38,446 shares on offer, as per NSE data.
1 min
December 04, 2025
Financial Express Chandigarh
Govt taps thermal plants for room for more solar in grid
THE GOVERNMENT WANTS coal plants to invest in upgrades that would to allow them to work regularly ata lower capacity, creating space for a greater share of renewables in the power mix, according to people familiar with the matter.
1 min
December 04, 2025
Financial Express Chandigarh
Telcos gross revenue nears ₹1 L cr in Sept qtr
TELECOM SERVICE PROVIDERS gross revenue in the September quarter of 2025-26 increased by 9.19% year-on-year to a record high of ₹99,828 crore, nearing the ₹1 lakh crore mark in a quarter, according to a report by sector regulator Trai.
1 min
December 04, 2025
Financial Express Chandigarh
ENVOYS LOOK TO PM’S CONVERSATION WITH RUSSIAN PRESIDENT Putin's India visit sparks Europe's push to end war
HIGH-LEVEL MEET l@ European envoys have urged Modi to tell Putin to stop the war as they are friends and that Putin listens to Modi @ Prior to this, European leaders had asked India to condemn Russian action in Ukraine in February 2022 @ Senior MEA officials, gave the European envoys a patient hearing while they prepared for Putin's two-day visit @ On previous meets, Modi had conveyed Putin to abstain from ‘war'
3 mins
December 04, 2025
Financial Express Chandigarh
Next stop 100?
THE RUPEE SLID smoothly through 90; and eventhough it was hardly a surprise — it had been knocking at the door for the past week — the media was all aflutter.
2 mins
December 04, 2025
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