Latest Articles by Adesh Dixit

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Bain Capital buys 90% stake in Adani Capital and Housing

In order to support the business's ongoing growth, Bain Capital has additionally provided $120 million in primary capital. Additionally, Bain Capital will make a $50 million line of credit in the form of non-convertible debentures immediately accessible to the company.

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ICICI Bank Q1 Results: Profit after tax grows 39.7% YoY

On June 30, 2023, the bank's total period-end deposits had increased significantly year over year by 17.9%, totalling 12,38,737 crore (US$151.0 billion). For Q1-2024, the average CASA ratio was 42.6%. Additionally, the domestic loan portfolio increased by 20.6% year over year, ending June 2023 at 10,25,310 crore (US$125.0 billion). 

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RIL Q1 Results: Net profit drops 6% to Rs. 18,258 crore

The Mukesh Ambani-led company reported a 5.31 percent YoY fall in its consolidated income from operations to Rs 2,10,831 crore from Rs 2,22,664 crore in the same period last year. Analysts anticipated a 2–8% YoY decline in sales for the corporation with its headquarters in Mumbai.

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