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Business Upturn

Author

Matrika Shukla 662 posts

Matrika Shukla, Beat Editor at Business Upturn, is a Multimedia student. She is passionate about investigating and reporting on complex subjects. She has an extensive background in digital media with special focus on Politics.

Corporates

HDFC Bank Q3 business update: Total deposits grow 15.8% YoY to Rs 25,635,000 crore

Matrika Shukla Jan 4, 2025
On a quarter-on-quarter (QoQ) basis, deposits grew by 2.5% from ₹25,001 billion as of September 30, 2024.
Corporates

ESAF Small Finance Bank Q3 business update: Total deposits grow 18.84% YoY to Rs…

Matrika Shukla Jan 4, 2025
ESAF Small Finance Bank continues to focus on enhancing its secured lending portfolio, which constituted 44.35% of…
Corporates

Ujjivan Small Finance Bank Q3 Business Update: Total deposits grows 16% YoY to Rs…

Matrika Shukla Jan 4, 2025
The bank reported a year-on-year (Y-o-Y) increase of 16% in total deposits, which stood at ₹34,496 crore as of…
Corporates

Elpro International approves Rs 214.14 crore acquisition of EduSpace Services LLP

Matrika Shukla Jan 3, 2025
The entire consideration will be paid in cash, with ₹31.91 crores paid to IGE, ₹0.21 crores to Zenox, and up to…
Corporates

L&T Finance Q3 business update: Retail disbursements reach Rs 15,170 crore,…

Matrika Shukla Jan 3, 2025
Retail disbursements for the quarter are expected to reach approximately ₹15,170 crore, marking a 4% year-on-year…
Corporates

Black Rose Industries reports fire incident at Kolhapur facility

Matrika Shukla Jan 3, 2025
The fire caused damage to the building, but the asset was fully insured. Black Rose Industries has already…
Corporates

Bajaj Housing Finance Q3 business update: AUM grows 26% YoY to Rs 1,08,300 crore

Matrika Shukla Jan 3, 2025
In addition to the growth in AUM, Bajaj HFL’s loan assets (AR) stood at approximately ₹95,550 crore as of 31…
Corporates

Deep Industries secures Rs 90.70 crore contract from ONGC for workover rig hire

Matrika Shukla Jan 3, 2025
The contract, awarded by the domestic energy giant ONGC, will involve Deep Industries providing the workover rig…
Corporates

PH Trading announces Rs 75 crore worth of acquisitions in jewelry sector

Matrika Shukla Jan 3, 2025
The most notable acquisition is Vega Jewellers, a partnership firm with an annual turnover of approximately ₹679…
Corporates

RPG Life Sciences reports fire incident at manufacturing plant in Navi Mumbai

Matrika Shukla Jan 3, 2025
At present, the company is investigating the cause of the fire and assessing the extent of the damage caused. RPG…
Corporates

Mahindra & Mahindra Financial Services Q3 business update: Disbursements at…

Matrika Shukla Jan 3, 2025
Business assets surged by approximately 18% from December 2023, reaching an estimated Rs. 1,14,900 crore as of…
Corporates

IndusInd Bank Q3 business update: Total deposits reach Rs. 4.09 lakh crore

Matrika Shukla Jan 3, 2025
Deposits also saw an 11% year-on-year rise, reaching Rs. 4.09 lakh crore as of December 31, 2024, compared to Rs.…
Corporates

JSW Infrastructure enters concession agreement with Northern Railway

Matrika Shukla Jan 3, 2025
The Concession Agreement marks a significant step in JSW Infrastructure's expansion within the railway logistics…
Corporates

UCO Bank Q3 Business Update: Total deposits hit Rs 2.8 lakh crore

Matrika Shukla Jan 3, 2025
The CASA (Current Account Savings Account) ratio for domestic operations was 37.96%, and the CD (Credit Deposit)…
Corporates

Hindustan Foods acquires MMG Enterprises’ bottled water facility in Odisha…

Matrika Shukla Jan 3, 2025
The company plans to invest an additional ₹35 crore in the facility, including working capital.
Gadgets

Oppo Reno 13 5G series India launch on January 9: Check details here

Matrika Shukla Jan 3, 2025
The phones will also include AI-driven imaging capabilities and boast IP68/IP69 ratings for dust and water…
Gadgets

Samsung Galaxy S24 series to get faster fingerprint recognition with One UI 7 Beta…

Matrika Shukla Jan 3, 2025
The beta programme is accessible in countries such as Germany, India, Korea, Poland, the UK, and the US via the…
Corporates

MOIL achieves record Q3 sales of 3.88 lakh tonnes and 13% growth in revenue for…

Matrika Shukla Jan 2, 2025
For the period from April to December 2024, the company also saw impressive growth with production reaching 13.3…
Corporates

Hero MotoCorp achieves 7.5% YoY growth with 59 lakh+ units sold in 2024

Matrika Shukla Jan 2, 2025
The company also posted a stellar performance in its global business, achieving a 49% growth. Hero MotoCorp…
Corporates

Bank of Maharashtra reports 16.87% YoY growth in total business to Rs 507,670…

Matrika Shukla Jan 2, 2025
CASA deposits showed a steady increase, rising by 11.50% to ₹137,504 crores, maintaining a CASA ratio of 49.28%. In…
Corporates

V2 Retail reports 58% YoY growth in revenue to Rs 591 crore

Matrika Shukla Jan 2, 2025
V2 Retail expanded its presence with the opening of 21 new stores during the quarter, bringing the total number of…
Corporates

AXISCADES Technologies announces resignation of CEO & MD Arun Krishnamurthi

Matrika Shukla Jan 2, 2025
While the resignation is effective immediately, no further details regarding a successor or interim arrangements…
Medical

Biocon Pharma receives NMPA approval for Tacrolimus capsules in China

Matrika Shukla Jan 2, 2025
Tacrolimus, an immunosuppressant, is used to prevent organ rejection in transplant patients by suppressing the…
Corporates

Optiemus partners with Germany’s LS Spectrum for drone-based spectrum…

Matrika Shukla Jan 2, 2025
Through this partnership, OUS will initially focus on selling advanced spectrum analyzer drones for LS Spectrum,…
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