Articles for Fy23

OYO Results: Hotels chain operator reports ₹114.64 crore net profit in FY2024, revenue drop 15%
3 days, 21 hours ago

OYO Results: Hotels chain operator reports ₹114.64 crore net profit in FY2024, revenue drop 15%

Live Mint  

OYO Results: OYO Hotels and Homes Pvt. Ltd., a leading operator in the hotels and hospitality sector, reported a net profit of ₹114.64 crore for the financial year 2023-24, marking a turnaround from the net loss recorded in 2022-23. However, the company's operational revenue declined by 15 per cent, falling to ₹1,112.83 crore as of March 2024, compared to ₹1,312.61 …

Hotels Crore Compared
Honda-Nissan: As merger discussions begin, see where 2 companies stand in India
2 weeks, 4 days ago

Honda-Nissan: As merger discussions begin, see where 2 companies stand in India

India Today  

Japanese auto majors Honda Motor Company and Nissan Motor Company have signed a pact to start merger discussions. Performance in the domestic market Honda Cars India and Nissan Motor India, the Indian arms of Japanese companies, are facing headwinds in the domestic market for multiple reasons. In the domestic market, Honda sold 85,609 units in FY22, 91,418 units in FY23 …

India Market Company Honda Units Suv Motor
Women’s participation in labour force surged from FY18 to FY23: PM’s economic advisory council
1 month ago

Women’s participation in labour force surged from FY18 to FY23: PM’s economic advisory council

Live Mint  

New Delhi: India's female labour force participation rate rose significantly from 2017-18 to 2022-23, especially in rural areas, according to a new working paper by the economic advisory council to the prime minister. The paper, which analysed data from the government’s Periodic Labour Force Surveys, said India's overall rural female LFPR surged from 24.6% to 41.5%, while urban female LFPR …

Growth Women Rural States Urban Rural Areas Urban Areas
Inside Radhakishan Damani’s winning portfolio: Two smallcap stocks to watch
1 month ago

Inside Radhakishan Damani’s winning portfolio: Two smallcap stocks to watch

Live Mint  

Radhakishan Damani, one of India’s most respected investors, is known for his understated approach to the stock market. Stock performance: 1-Year Return: ~25% growth 3-Year Return : ~23% appreciation 5-Year Return : ~21% increase Damani’s stake: As of September 2024, Radhakishan Damani holds a 4.18% stake in the company. View Full Image Stock price movement of Advani Hotels & Resorts …

India Growth Market Hotels Revenue Crore Annual
Is your Mahindra, Hyundai, Kia, Honda, Renault, Nissan or Skoda polluting more than you know?
1 month, 2 weeks ago

Is your Mahindra, Hyundai, Kia, Honda, Renault, Nissan or Skoda polluting more than you know?

India Today  

Do you drive Mahindra, Hyundai, Kia, Honda, Renault, Nissan or Skoda cars? These carmakers, along with Force Motors, could face possible penalties of nearly Rs 7,300 crore for flouting emission norms in FY23, according to a report by The Indian Express. Under CAFE norms in FY23, the fuel consumption cap on total cars sold by carmakers was not more than …

Mahindra Honda Penalties Cafe Renault Nissan Norms
Surcharge revenue triples in two years to Rs 1.39 lakh crore
1 month, 2 weeks ago

Surcharge revenue triples in two years to Rs 1.39 lakh crore

Deccan Chronicle  

Chennai: The surcharges levied by the government upon different taxes tripled in the past two years to a total of Rs 1.39 lakh crore in FY24 against Rs 40,758 crore in FY22. Of the surcharge revenue received in FY24, that from corporate tax accounted for Rs 59,000 crore and that from income taxes other than corporate tax stood at Rs …

Tax Income Tax Corporate Tax Surcharge Revenue Cent Two Years
India's Trade with Canada Slows Down Despite Diplomatic Stalemate
2 months, 1 week ago

India's Trade with Canada Slows Down Despite Diplomatic Stalemate

Live Mint  

Despite a diplomatic standoff, India's trade with Canada remains largely unaffected, with both countries maintaining their commitment to free trade principles. Trade data shows a steady increase in India's exports to Canada, while imports remain stable, indicating resilience in bilateral trade despite the geopolitical tensions.

New Delhi
Sebi unable to recover Rs 76,293 crore dues, says annual report
4 months, 3 weeks ago

Sebi unable to recover Rs 76,293 crore dues, says annual report

New Indian Express  

MUMBAI: The Securities and Exchange Board said that is facing difficulties in recovering the dues to the tune of Rs 76,293 crore as of March 2024, which is more than four per cent from the previous year. The number of pending appeals in the Securities Appellate Tribunal has also risen from 749 to 849 in FY24, says the annual report, …

Cases Crore Dues Pending Recover Rs Fy23 Sebi
Workplace safety: Nifty 500 firms saw nearly 11,000 injuries in FY23
5 months, 2 weeks ago

Workplace safety: Nifty 500 firms saw nearly 11,000 injuries in FY23

Live Mint  

MUMBAI : Nifty 500 companies, employing over 10 million employees and workers, recorded an 8.5% year-on-year rise in workplace injuries in 2022-23, showed a report by proxy advisory firm Institutional Investor Advisory Services. While the total number of workplace injuries increased to 10,733 in 2022-23 from 9,889 a year ago, the number of high-consequence injuries rose by a third to …

India Injuries Workplace Safety Companies Report
Small-cap stock below ₹10: Penny stock Sarveshwar Foods hits 5% upper circuit
6 months ago

Small-cap stock below ₹10: Penny stock Sarveshwar Foods hits 5% upper circuit

Live Mint  

Small-cap stock below ₹10: After hitting the lower circuit on Monday, Sarveshwar Foods shares witnessed strong buying on Tuesday. Sarveshwar Foods Q4 results 2024 In Q4FY24, the company's revenue from operations stood at ₹247.32 crore in Q4 FY24, as against ₹129.81 crore in Q4 FY23, year-on-year growth of 91%. The company's EBITDA for the quarter ended March 2024 stood at …

Growth Stock Crore Fy24 Q4 Fy23 Foods Hits Fy23
Housing sales up by 5% in FY24 in Mumbai Metropolitan Region, launches down by 22%: Report
6 months, 1 week ago

Housing sales up by 5% in FY24 in Mumbai Metropolitan Region, launches down by 22%: Report

Hindustan Times  

Housing sales in the Mumbai Metropolitan Region increased by 5% to touch 1.32 lakh in FY24 from 1.25 lakh in FY23. Navi Mumbai witnessed the highest spike in unsold inventory in MMR which went up by 63% to touch 9,037 units in FY24 from 5,559 units in FY23. Sales remain strong in suburban real estate markets of Mumbai In eastern …

Mumbai Housing Sales Metro Units Thane South Mumbai
Niva Bupa IPO: Erstwhile-Max Bupa files DRHP for ₹3,000-crore public issue
6 months, 1 week ago

Niva Bupa IPO: Erstwhile-Max Bupa files DRHP for ₹3,000-crore public issue

Live Mint  

Niva Bupa IPO: Niva Bupa, formerly known as Max Bupa, has announced plans to go public by filing a draft red herring prospectus with the Securities and Exchange Board of India as the insurance company aims to raise ₹3,000 crore through an initial public offering and an offer for sale. Through the OFS, Bupa Singapore Holdings Pte, which holds about …

Company Crore Bupa Ofs Niva Bupa Files Drhp Niva Bupa Ipo
Hyundai avails Rs 1,200 crore tax exemptions in FY23
6 months, 3 weeks ago

Hyundai avails Rs 1,200 crore tax exemptions in FY23

New Indian Express  

NEW DELHI: Hyundai Motors India, which is looking to raise Rs 25,000 crore through public issue of shares, has availed tax exemptions and government incentives worth Rs 886 crore in the first nine months of 2023-24, the draft red herring prospectus of the company showed. These incentives include electricity tax exemptions, investment promotion subsidies in the form of state GST …

Duty Incentives Crore Tax Exemptions Talegaon
GDP growth surges to 8.2% on manufacturing gains
7 months, 1 week ago

GDP growth surges to 8.2% on manufacturing gains

The Hindu  

India’s real Gross Domestic Product for FY24 is estimated to have grown by a faster-than-projected 8.2%, quickening from FY23’s 7% pace, the National Statistical Office said in its provisional estimates released on May 31. “While the high frequency indicators were showing healthy economic momentum, nevertheless the sharp jump in GDP growth number for FY24 has come as a positive surprise,” …

Crore Sinha Lakh Gva Gdp Gains Nominal Gdp
Household liabilities peak at 5.7%, savings at record low of 5.2% in FY23: RBI
7 months, 1 week ago

Household liabilities peak at 5.7%, savings at record low of 5.2% in FY23: RBI

New Indian Express  

MUMBAI: Driven by rising indebtedness, which hit an all-time high of 5.7 per cent in FY23, the net financial savings of the households, which has been the mainstay of savings in the economy, has been on a southward-ho from FY14, when it stood at 7.2 per cent of GDP has hit a record low of 5.2 percent in FY23, shows …

Hit Cent 3 Percent Fy23
Tata Motors Q4 Results: Net Profit Jumps Over 3-fold at Rs 17,528.59 Crore
8 months ago

Tata Motors Q4 Results: Net Profit Jumps Over 3-fold at Rs 17,528.59 Crore

News 18  

Tata Motors on Friday reported an over three-fold jump in its consolidated net profit to Rs 17,528.59 crore for the March 2024 quarter. Tata Motors’ net profit had stood at Rs 5,496.04 crore in the corresponding quarter last year, Tata Motors said in a regulatory filing. Revenue for the quarter was 7.9 billion pounds, up 11 per cent versus Q4 …

India Revenue Profit Crore Billion Cent Net
Ola launches ride hailing services at Ayodhya airport
8 months, 2 weeks ago

Ola launches ride hailing services at Ayodhya airport

India TV News  

Ola is a ride-hailing company that has made history by initiating cab operations at the Maharishi Valmiki International Airport in Ayodhya. This strategic move makes Ola to be the first cab service to come to Ayodhya Airport, and it’s a commitment towards expanding its services to emerging cultural and tourist destinations across India. He further expressed confidence that Ola's presence …

India Ayodhya Ola Ians
Life Insurers Grew 2%, Non Life 13% in FY24
8 months, 3 weeks ago

Life Insurers Grew 2%, Non Life 13% in FY24

Deccan Chronicle  

Mumbai: Life insurers grew by 2 per cent for FY24, with a new business premium of nearly Rs 3.8 lakh crore, compared to Rs 3.7 lakh crore in FY23 largely due to the high base effect of the previous financial year. 2.9 lakh crore growing at 12.8 per cent compared to the 16.3 per cent growth reported in FY23,” said …

Growth Insurance Life Council Ratings Premium Crore
FY25 Outlook: Hotels to see revenue growth of 9-11%, a 3rd straight Year of growth- CareEdge
9 months, 1 week ago

FY25 Outlook: Hotels to see revenue growth of 9-11%, a 3rd straight Year of growth- CareEdge

Live Mint  

Indian Hotels Company, EIH Ltd, Lemon Tree Hotels, Chalet Hotels share price have risen 70%-189% in last one year. The same has been helped by continuing upcycle as Revenue per available room have improved regularly in the back of rising occupancy and improvement in average room rates. The outlook remains strong and share prices of EIH, Lemont Tree Indina Hotels, …

India Hotels Icra Revenue Growth Careedge Revpar Growth Trend
Hospitality sector witnesses $401 million investment activity in FY23: JLL
9 months, 1 week ago

Hospitality sector witnesses $401 million investment activity in FY23: JLL

Hindustan Times  

Hotel Investments in India touched $401 million in 2023 which was nearly a four-fold increase in the volumes witnessed in 2022. There is an increasing interest in hotel development activity in Tier-2 cities, with 54% of the total signings taking place in these locations Q1 2024 witnesses 80% y-o-y increase in hotel transaction volumes touching $78 million The report mentions …

India Investment Hotel Million 2023 Total Increase
Revenge-spending Indians drank and dined after being cooped up in covid years
10 months, 1 week ago

Revenge-spending Indians drank and dined after being cooped up in covid years

Live Mint  

NEW DELHI : Indians spent liberally on dining at hotels and restaurants and on alcohol in 2022-23 while going easy on clothing, food and non-alcoholic beverages, clearly marking out their preferences emerging from two years of pandemic lockdowns. Growth in private final consumption expenditure on food and non-alcoholic beverages slowed to 6.2% in FY23 from 6.6% in the year before, …

Household Consumption Private Expenditure Beverages Private Consumption Fy23
Cello World shares jump as Motilal Oswal initiates coverage, sees 31% upside
10 months, 2 weeks ago

Cello World shares jump as Motilal Oswal initiates coverage, sees 31% upside

Live Mint  

Brokerage house Motilal Oswal Financial Services has initiated covering Cello Word stock, indicating an uptick of 31% from the counter's current market price. According to the brokerage's analysis, Cello has a strong brand reputation and a wide distribution network, making it a prominent participant in all of its product categories. Growing TAM across categories Cello, which operates in a variety …

Price Writing Instruments Cello Tam Shares Jump Brokerage Cello World
Tata Steel puts off amalgamation plans with TRF, stock rallies
11 months ago

Tata Steel puts off amalgamation plans with TRF, stock rallies

Live Mint  

Tata Steel has put off its amalgamation plans with TRF, the company informed the exchanges on February 7. Since the initial announcement in September 2022, Tata Steel has provided significant operational and financial support to TRF, leading to a positive turnaround in its business performance amidst a challenging operating environment, it added. Tata Steel Mining - Annual turnover in FY23 …

Effective Tata Steel Fy23 Trf Amalgamation Merged
Delhivery Q3 results: Logistics firm turns profitable, revenue jumps 20% YoY
11 months, 1 week ago

Delhivery Q3 results: Logistics firm turns profitable, revenue jumps 20% YoY

Live Mint  

Delhivery Q3 results: Logistics company Delhivery reported a net profit of ₹11.7 crore in the October- December 2023 quarter. The company's consolidated net revenue increased by 13% QoQ to ₹2,194 crore against ₹1,941 crore in the previous quarter. Its net consolidated revenue increased 20.32% YoY against ₹1,823 crore in the year-ago period. The revenue of the logistics company increased by …

Crore Yoy Net Delhivery Q3 Fy24 Q3 Fy23