OVERVIEW Explore the groundbreaking Zomato Q3 results, revealing a net profit of ₹138 crore and an impressive 69% YoY revenue surge. Dive into the details of their Q2FY24 report, highlighting a shift from previous losses to consistent profitability. Uncover the factors contributing to this success, including a 48% growth in the food delivery business and…
Introduction The Reserve Bank of India’s (RBI) Monetary Policy Committee (RBI MPC 2024) meeting is a focal point of interest as experts speculate on whether the Indian central bank will precede the US Federal Reserve in cutting rates. As the sixth consecutive meeting unfolds, led by RBI Governor Shaktikanta Das, the financial world is keenly…
Introduction In a remarkable turn of events, the Nifty PSU Bank index soared nearly 3%, closing at 6,743 points. This surge saw 11 out of 12 constituents finish the day in positive territory, with the index reaching a new record high of 6,788 points. Among the standout performers were Indian Overseas Bank, UCO Bank, and…
OVERVIEW Discover the latest trends in the stock market today as Sensex and Nifty 50 close higher, driven by IT and oil/gas stocks. Explore insights, expert analysis, and what to expect from the RBI Policy meeting. Introduction: In the dynamic world of finance, the stock market today witnessed significant movements as the Sensex and Nifty…
OVERVIEW Discover the impressive financial performance of Varun Beverages in Q4, with a remarkable 77% increase in net profit to Rs 132 crore. Total revenue for the third quarter soared to Rs 2,731 crore, marking a significant 21% growth. Dive into the details of this success story, exploring key financial metrics, strategic moves, and plans….
