Tue, Jul 27, 2021 3:19 PM
Freightify announces $2.5 million in pre-Series A round
A Flip by Flipitnews
Pharmaceuticals major Dr Reddy’s Laboratories Ltd (DRL) on Tuesday reported a net profit of ₹1,307 crore for the quarter ended March (Q4FY24), surpassing analysts' expectations. Net profit rose 36% year-on-year, primarily driven by strong performance in the US market.In an exchange filing, the Hyderabad-based company said that revenue increased to ₹7,083 crore during the quarter.
Open Flip
Mutual fund holdings in companies listed on the NSE was at Rs 33.96 lakh crore at the end of March 2024, rising 7.66 percent from the previous quarter, showed a recent report by Prime Infobase. The share of domestic mutual fund investments in these companies rose to 8.92 percent as of March 31, 2024, up from 8.81 percent recorded on December 31, 2023.
Open Flip
Axis Bank Ltd is on a lookout to hire Asian expatriates to help the lender win business from multinational companies.The bank, that recently overtook Kotak Mahindra Bank Ltd. to become the third largest private lender in India, is targeting mid-sized companies in this area, the fastest growing business in its corporate banking division. It sees this as an “under-served” market by global banks.
Open Flip
