ConnectBiz Team 
Akzo nobel india Q3 results: Akzo Nobel India Limited, the company that makes paints and coatings, released its third quarter (October-December 2024) on Friday. In the third quarter, the company’s profit declined by 4.56% to ₹ 108.6 crore. The main reason for this is believed to be the increasing cost of raw materials. The company … Read more
Mahindra and Mahindra Q3 Results: The auto company Mahindra & Mahindra (M&M), which manufactures vehicles like Scorpio and Thar, announced the results of their December quarter on Friday (7 February). Mahindra’s standalone net profit increased by 19 per cent to Rs 2964 crore in the third quarter of 2024-25. It was Rs 2,489.73 crore in … Read more
Private sector Axis Bank had a net loss of Rs 5,728.42 crore in the March quarter as the creditor paid a total of Rs 12,490 crore on the acquisition of the city’s consumer business, including the provisions of Axis Bank’s standards on stamp duty and city assets. . Axis Bank completed the acquisition of City … Read more
Ola Electric Q3 Results: India’s largest electric two -wheeler manufacturer Ola Electric on Friday announced its third quarter result. The company recorded an increase in the third quarterly deficit, due to the increasing competition and huge discounts given by the company to avoid it. Supported by SoftBank, the company recorded a loss of ₹ 564 … Read more
Rbi mpc meet: The Reserve Bank of India (RBI) on Friday reduced the major policy rate repo rate to 6.25% to 6.25% after nearly five years to speed up the sluggish economy. Repo rate cuts remained in accordance with the market estimate. Reducing the repo rate means that the monthly installment (EMI) is expected to … Read more
Rbi mpc meet: The Reserve Bank of India (RBI) has taken a big step to curb the continuous growing banking fraud in the country. After the MPC meeting on Friday, RBI said that banks and non-banking companies will be given a special ‘domain name’ to save people from cyber fraud. RBI Governor Sanjay Malhotra said … Read more
Stock market update: Indian shares declined slightly on Friday after the Reserve Bank cut interest rates for the first time in nearly five years to support dull economic growth. The Nifty fell 0.27% to 23,537.85 at 11 am, while the BSE Sensex fell 0.23% to 77,872.9. Before the decision on interest rates, both benchmarks were … Read more
Rbi mpc key points: The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points on Friday, 7 February. Now the repo rate has come down from 6.5% to 6.25%. RBI Governor Sanjay Malhotra said that this decision has been taken unanimously. Malhotra said that the Monetary Policy Committee (MPC) took … Read more
Psu bank stock: The country’s largest public sector bank State Bank of India (SBI) has announced the results of the third quarter of 2024-25. The bank’s performance in the December quarter was mixed. The bank’s income was higher than the estimate of the income analysts due to low credit costs. While the main operating performance … Read more
Car Loan EMI Calculation: The Reserve Bank of India (RBI) on Friday announced to reduce the policy rate repo rate from 0.25 percent to 6.25 percent. There is a wave of happiness among customers taking home loan from cuts cuts. This is because the cuts in interest rates after about five years are considered to … Read more