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Subscribe to enjoy similar stories. MUMBAI : The true litmus test that differentiates high-quality lenders is whether they have “best-in-class" non-performing asset (NPA) ratios during crises. This applies to all kinds of lenders in all kinds of lending segments.

online travel agencies (OTAs) and scheduled airlines, as business travel soars in lockstep with the resumption of normal office routines. «Return to office remains a key driver of increased corporate travel, as companies balance remote, in-office and hybrid work,» said Praveen Iyer, cofounder of Akasa Air. «With hybrid work models, employees are traveling frequently for meetings, collaboration and industry events like conferences and trade shows.» MakeMyTrip's corporate travel platforms, myBiz and Quest2Travel, crossed a gross booking value of $200 million for the first time in the quarter ended June, underlining growth prospects. Yatra's billing from the corporate segment crossed about $24 million (₹200 crore) for April-June, 77% higher than the previous three-month period. «We have to focus on really doubling down on the corporate side,» said Dhruv Shringi, chief executive of Yatra Online. The OTA derives 55% of its revenue from the B2B segment.

Subscribe to enjoy similar stories. The regulatory clampdown on unsecured personal loans has given a fillip to loans against the yellow metal, with gold loans soaring in the last few months. Rising gold prices on the back of escalating global conflict and uncertainty have also aided demand for gold loans, as customers reassess the value of their collateral and seek more credit against it.

Subscribe to enjoy similar stories. State Bank of India Ltd (SBI) has reported an impressive jump of 51% year-on-year (y-o-y) in its September quarter (Q2FY25) standalone pre-provisioning operating profit (PPoP) to ₹29,295 crore. But a closer look reveals that the results are not as strong.

Subscribe to enjoy similar stories. New Delhi: Foreign Direct Investment (FDI) equity inflows in the non-conventional energy sector surged in the first three of months of this financial year, making it the tenth-largest FDI destination of all time, underscoring rising global interest in India’s green energy initiatives.

Subscribe to enjoy similar stories. The National Financial Reporting Authority (NFRA) has kicked off an epic overhaul of the way auditors verify the truthfulness of corporate financial information, in a change of regime from the current system where auditing standards issued by Institute of Chartered Accountants of India (ICAI) are deemed to be final.

A year ago, sales had grown 15% while profit expanded 26%, indicating that P&G's growth rate halved amid falling demand in the Indian consumer goods market after the pandemic-induced boom. P&G India reported sales of ₹17,429 crore and net profit of ₹1,583 crore in FY24 across its four companies-pharmaceuticals firm P&G Health, shaving products maker Gillette, P&G Health & Hygiene and P&G Home Products. In India, P&G competes mostly with Unilever's local unit Hindustan Unilever (HUL), which is over three times its size.

Many veterans who’ve started small businesses tell a similar story: Their military service prepared them mentally for the task, but they were at a disadvantage when it came to the financial part

Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees

communal violence case in which a 22-year-old youth named Ram Gopal Mishra was killed, a senior official said. Police have also announced a reward of Rs 10,000 each for the arrest of absconding accused Saif Ali, Javed and Shoaib. Superintendent of Police Vrinda Shukla on Sunday told reporters that two cases were registered at Hardi police station under various sections of BNS, including 191(2) (rioting), 103(2) (murder), 61(2) (criminal conspiracy), 109 (attempt to murder), and under the Arms Act in connection with Mishra's murder during the immersion procession of a Durga idol in Maharajganj town, and subsequent violence.

During a taping, Jennings confirmed that all 41 seasons of the Emmy-winning show will become accessible for streaming in early 2025, marking a milestone in the show’s history and catering to fans who have long awaited this shift.

The 25-year-old model and artist clarified her emotional outburst after she was photographed crying during Harris’ concession speech at Howard University on November 6, 2024, as mentioned in a report by Fox News.

Legal experts suggest various factors, including political repercussions and recent judicial precedents, could delay or even derail any formal sentence.

Net profit after minority interest declined to Rs 694.60 crores in Jul-Sep from Rs 1,205.40 crores during the corresponding period a year ago. Consolidated net sales decreased by 5.3% to Rs 8,003.0 crores from Rs 8,451.9 crores. “Domestic decorative coatings segment volumes declined marginally while overall domestic coatings revenue declined by 5.5% for the quarter impacted by muted consumer sentiments and extended rains and floods in some parts of the country,” said Amit Syngle, Managing Director & CEO of Asian Paints.

Australian Defence Force (ADF) arrived on Sunday with their warship docking at Banyuwangi in East Java, Indonesia for a joint military exercise, which will involve 2,000 personnel from both countries. The Keris Woomera Exercise is the largest combined joint activities by the two countries' military under the Australia-Indonesia Defence Cooperation Agreement. «What we aim to do is simply increase cooperation with our neighbours, to increase our prosperity and security to share cooperation with our neighbours.» Commander of the Australian Amphibious Task Force Captain Chris Doherty told reporters.

China is to be held in Zhuhai at South China's Guangdong province from November 12 to 17. The People's Liberation Army (PLA) every year displays its capabilities at the air show. The PLA Navy will display J-15T jet designed to be operated from the 3rd aircraft carrier, the Fujian, which is equipped with an electromagnetic catapult unlike the other two carriers, Liaoning and Shandong, which are fitted with ski-jump take-off ramps. The design of the J-15T is based on the baseline type of the J-15 and was modified to allow it to be launched by an aircraft carrier's catapult system, official media here reported.

The retirement fund body witnessed an increase of 55.4% in realizing arrear dues (Rs 5268 crore vis-a-vis Rs 3390 crore) over the previous year and an increase of 7.8% in the number of claims settled over the previous year at 44.5 million as compared to 41.2 million). Labour secretary Sumita Dawra-led executive committee of the central board of trustees of EPFO deliberated and approved the draft annual report for 2023-24 at its 109th meeting held on Friday, the ministry of labour and employment said in a statement issued on Sunday.

AIIMS Darbhanga, state Health Minister Mangal Pandey said on Sunday. Speaking to reporters, Pandey said Modi will be in Darbhanga on Wednesday when 'bhumi pujan' for the super-specialty project will also take place in the presence of a host of other dignitaries, including Chief Minister Nitish Kumar and Union ministers Chirag Paswan and Jitan Ram Manjhi.

The tribunal was hearing a case related to the alleged felling of more than 1 lakh trees and shrubs in the protected forest area across the three forest divisions of Ghaziabad, Meerut and Muzaffarnagar for the proposed route between Muradnagar in Ghaziabad and Purkaji in Muzaffarnagar. In an order dated November 6, a bench of NGT Chairperson Justice Prakash Shrivastava noted that a joint committee formed earlier to ascertain facts had submitted its interim report.

Anji K. Maniputhra directorial, which hit the big screens on August 16th, was blessed with both critical and commercial acclaim. As per a Sacnilk.com report, the movie collected Rs 16 crore at the box-office. Now you will be able to watch this quaint romantic movie from your home! According to a 123Telugu report, ‘Aay’ is now gearing up for its world television premiere. The film is scheduled to premiere on Zee Telugu on November 17, 2024, at 3 PM. It will be interesting to see the viewership ratings it achieves. Here’s all you need to know about the movie.